Venture Capital, Private Equity Funding Maven Clinic Secures $90M to Advance End-to-End Family Care Platform Maven Clinic, the largest virtual clinic in women’s and family health raises $90 million Series E funding bringing its total funding to $300M. Maven plans to use the latest round of funding to advance its end-to-end family care platform to enable deeper personalization to meet the diverse needs of women and families everywhere. Curavit Raises $5M for Digital Therapeutics
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Digital Healthcare
HLTH22: LG Launches Virtual Care Solution with Amwell to Address Hospital Workforce Shortages
What You Should Know: - Global innovator LG Electronics announced its first joint solution with digital healthcare enablement leader Amwell®, designed to expand the boundaries of digital health innovation and address a major issue faced by hospitals across the country – workforce shortages. - Showcased at HLTH 2022, a Carepoint™ TV Kit, by LG and powered by the Amwell Converge™ platform, leverages existing LG healthcare TVs in patient rooms to allow providers to remotely engage,
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Survey: People Living with COPD Want Innovation in Care Delivery
What You Should Know: - People living with Chronic Obstructive Pulmonary Disease (COPD) are enthusiastic about the promise of care innovation, according to a survey released by Wellinks, a digital healthcare company offering the first-ever integrated, virtual COPD management solution, in collaboration with the COPD Foundation. - The research assessed patient perspectives on COPD care in the United States and findings suggest the status quo is failing people living with the
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a16z Bio+ Health Partners with Bassett Health to Bring Digital Health Solutions to Rural New York
What You Should Know: - Andreessen Horowitz (a16z) Bio + Health fund today announced a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. - The strategic partnership aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Leveraging Digital Health to
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Bain Capital PE Makes Strategic Investment in CitiusTech
What You Should Know: - CitiusTech, a leading provider of technology and consulting services to healthcare and life sciences companies, today announced a strategic growth investment from Bain Capital Private Equity (“Bain Capital”). - Bain Capital joins Baring Private Equity Asia (“BPEA”), which acquired a majority stake in CitiusTech in 2019, as a significant shareholder to accelerate the Company’s growth. Financial terms of the private transaction were not disclosed. Technology-Driven
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FOLX Health Raises $30M, Launches Expert-Led Support Groups for LGBTQIA+ Community
What You Should Know: - FOLX Health, the first digital healthcare service provider designed by and for the medical needs of the LGBTQIA+ community, today announced $30M in new financing led by 7wireVentures, with participation from new investor Foresite Capital and existing investors, including Bessemer Venture Partners, Define Ventures, and Polaris Partners. - Lee Shapiro, Managing Partner of 7wireVentures and former Chief Financial Officer of Livongo Health, will join FOLX Health’s Board
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4 Key Focus Areas to Measure Your Digital Health Strategy
The promise of digital healthcare is profound. Moving from today’s transactional encounters to a convenient and continuous connection between patients and clinicians can greatly improve both relationships and overall care. The responsible collection of data from a digital platform can also lay the foundation for better, more personalized care. Perhaps most importantly, consumers are no longer tethered to a physical location and are able to receive quality care regardless of where they live or
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Can the Adoption of Healthcare Technology Keep Up With the Pace of Innovation?
The disruption of the healthcare industry is continuing at a frenetic pace. As reported in a World Economic Forum article, $44 billion was pumped into medical innovations in 2021. Experts expect this influx to continue, all with the hopes of bringing machine learning, artificial intelligence, telehealth, and other technological and digital advancements and processes to both medical professionals and the people they serve. On the surface, this news is exciting and encouraging.
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COVID-19 Pandemic Boosted RPM Adoption in Cardiac Rehab
What You Should Know: - The pandemic forced many cardiac rehab clinics to limit and sometimes terminate in-person rehab, leaving Vivalink - a leading provider of digital healthcare solutions - with questions: How did they conduct at-home rehab? Did it work well for them? What were some of the barriers to implementation? - Vivalink has announced a new study of cardiac rehabilitation clinicians that reveals the current landscape of remote patient monitoring technology (RPM) in their field,
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Solve.Care Unveils Web3.0 Development for Healthcare
What You Should Know: - Solve.Care, the healthcare blockchain platform company, has announced their Care.Labs Wallet, the revolutionary Web3.0 development which is set to revitalize the healthcare industry. - This is the most compelling, accessible and user-friendly blockchain use case in the transformation of healthcare across the globe, with practitioners and institutions authoring their Care.Networks from Korea to the USA Causing Breakthroughs in Medicine Using
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