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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MDLIVE
Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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Healthcare PE Firm Heritage Group Launches $300M Health Tech Fund
What You Should Know:
- Healthcare private equity firm Heritage Group launches a $300M fund to invest in high-growth healthcare services and technology companies.
- Heritage is backed by some of the leading healthcare organizations in the nation, including large provider systems, payers, and healthcare service providers.
Heritage Group, a Nashville, TN-based healthcare-focused private equity firm, today announced the closing of over $300 million in its oversubscribed third fund, an
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U.S. Telemedicine App Downloads Spikes During COVID-19 Pandemic
What You Should Know:
- US telemedicine app downloads see dramatic increases during the COVID-19 pandemic, with some seeing an 8,270% rise YoY.
Downloads of U.S. Telemedicine apps from leading telehealth companies have reported dramatic increases in demand for their services in the US since the COVID-19 pandemic began, according to GlobalData, a leading data, and analytics company. Some of the biggest benefiters have been the Synzi Virtual Care app for physicians, which saw a whole
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COVID-19 and Its Global Impact on Primary Care Virtual Consultations
Last week saw Teladoc Health release its 1Q20 financial results giving the US telehealth industry a first glimpse of how COVID-19 is impacting the ambulatory virtual care market. Discussion around the crisis and its impact on telehealth has been rife since early March and the data published by Teladoc Health highlights that this was justified.
The company reported that the number of virtual care consults in the quarter had passed the 2 million mark, up approximately 60% from the 1.24M
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KLAS: COVID-19 Guide to Telehealth Virtual Care & Remote Care Platforms
What You Should Know:
- New KLAS telehealth reports aims to aims to provide high-level COVID-19 guidance helpful to healthcare organizations on the virtual care and remote care platform vendor landscape.
- Includes high-level overviews of validated vendors’ current customer satisfaction, key questions to consider in building a strategy, and a consolidated view of KLAS’ previously published telehealth reports.
Telehealth
adoption in healthcare until recently had been increasing at a
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Welkin Health Appoints Dr. Adrian Rawlinson Chief Medical Officer
What You Should Know:
- Wellkin Health appoints former him and hers executive Dr. Adrian Rawlinson as the company’s new Chief Medical Officer.
- In his new role as Chief Medical Officer. Dr. Rawlinson will focus on establishing a Clinical Advisory Board and Clinical User Group.
Welkin Health, a San Francisco-based digital health company, announced the appointment of Dr. Adrian Rawlinson to the company as Chief Medical Officer. In his role as Chief Medical Officer, Dr.
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Livongo Teams Up with MDLIVE & Doctor On Demand to Offer Telehealth Services
- Livongo announced a partnership with telehealth companies MDLIVE and Doctor On Demand to enable access to virtual acute and primary care services for people living with chronic conditions. - Livongo will begin by offering telehealth within the Livongo for Behavioral Health solution in January 2020 and will soon expand to additional use cases including medication management for diabetes, hypertension, and other opportunities to effectively close gaps in care. Livongo Health, an Applied Health
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Using the 3M’s to Get Physicians to Embrace Telehealth: Metrics, Money & eMotion
Telehealth utilization is on track to explode due to consumer demand, reimbursement alignment and an improved regulatory environment.
But for health systems to reap telehealth’s financial and clinical benefits, organizational leaders must demonstrate strong leadership, provide relevant education, align financial incentives and change daily culture to help physicians fully embrace this disruption.
Many physicians are starting to understand the benefits of telehealth, which include better access
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare
- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry.
- The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients.
- A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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