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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LabCorp
HLTH 22: Cerner & Labcorp Partner to Manage Hospital Labs in 10 States
What You Should Know: - Oracle Cerner and Labcorp have formed a new relationship to streamline lab operations for one of the nation’s leading nonprofit Catholic health systems. Labcorp purchased select assets of the health system’s outreach laboratory business and will manage its hospital-based laboratories in 10 states. - Cerner’s laboratory information system (LIS) will help Labcorp centralize operations and streamline processes within the
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Ascension Forms Long-Term Lab Relationship with LabCorp
What You Should Know: - Labcorp has today announced a long-term laboratory relationship with non-profit and Catholic health system Ascension. - As a part of the companies’ strategic collaboration, Labcorp purchased select assets of Ascension’s outreach laboratory business and will manage the health system’s hospital-based laboratories in Alabama, Florida, Kansas, Maryland, Michigan, New York, Oklahoma, Tennessee, Texas and Wisconsin. - The new relationship expands access for communities
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HealthQuest Capital Closes $675M for Fund IV to Invest in Transformational Healthcare Companies
What You Should Know: - HealthQuest Capital, a sector specialist capital firm focused on companies optimizing value in healthcare, today announced the close of HealthQuest Partners IV, L.P., at its hard cap of $675M . - The oversubscribed fund will enable HealthQuest to continue to invest in growth-stage companies that are revolutionizing the healthcare industry. Providing Growth Capital to Companies Transforming Healthcare Founded in 2013 by Garheng Kong, a physician, scientist, and
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Labcorp & Medidata to Co-Develop Digital Biomarkers & Expand Decentralized Clinical Trials
What You Should Know: - Medidata, a Dassault Systèmes company, today announced that Labcorp, a leading global life sciences company, has selected Medidata's technology platform to extend their 14-year partnership, the foundation of their initiative to co-develop digital biomarkers and expand the use and functionality of decentralized clinical trials. Labcorp Drug Development has developed its offerings on Medidata technologies, starting with Rave EDC
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Ascension Selects Labcorp to Manage Labs Across 10 States
What You Should Know: Labcorp today announced its strategic partnership with Ascension, one of the nation’s leading Catholic and non-profit health systems. Through this comprehensive arrangement, Labcorp will manage Acension’s hospital-based laboratories in 10 states and acquire select assets of the health system’s outreach laboratory business. Meanwhile, Ascension can leverage Labcorp’s innovative technology to scale diagnostics in priority clinical areas like oncology, neurology and women’s
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Labcorp Offers Observed Collections of COVID-19 PCR testing in Over 500 Patient Service Centers
What You Should Know: Labcorp announced that it is offering an observed collection of COVID-19 PCR testing in over 500 patient service centers nationwide. Labcorp (NYSE: LH) is now offering observed self-collection for COVID-19 PCR testing in more than 500 of its patient service centers (PSCs) nationwide for people without symptoms or known exposure. Labcorp plans to offer this service in over 1,000 locations by
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Medidata, Labcorp Partner to Expand Decentralized Clinical Trials for Digital Biomarker Discovery
What You Should Know: - Medidata, a Dassault Systèmes company, today announced a first-of-its-kind partnership with Labcorp using the Medidata Sensor Cloud to introduce a new model to advance the use of medical-grade sensors in clinical trials and accelerate biomarker discovery. - As part of the partnership, Medidata will receive and process medical-grade sensor data within drug, vaccine and device trials across Labcorp Drug Development’s clinical trial portfolio,
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M&A: Labcorp Acquires Ovia Health to Expand Women’s Health Capabilities
What You Should Know: - Labcorp has announced the acquisition of femtech startup Ovia Health, a digital health platform used by millions of women seeking information and support with family planning, pregnancy, and parenting. Financial details of the acquisition were not disclosed. - The acquisition extends Labcorp’s position as a leading, go-to source for women’s health insights, opens new avenues for personalized care experiences, and fosters better dialogue between
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CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status
What You Should Know: - CommonHealth has connected to 230 health systems in the United States, allowing patients to gather, manage and share their health and test data, including COVID test and vaccination status. By the end of this month, CommonHealth will connect to more than 340 health systems - CommonHealth extends the health data portability and interoperability model pioneered by Apple Health to the 55 percent of Americans with Android devices (85 percent globally) The Commons
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