What You Should Know
Tele-physical therapy company Physera announced that
they are joining Omada Health, a digital health company that offers
programs for chronic disease prevention and management, and mental health
support.
Through the deal, Omada adds Physera’s musculoskeletal
solution to its suite of digital care programs for the prevention and self-management
of diabetes, hypertension, and mental health.
Physera recently launched a
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Express Scripts Launches First Digital Health Formulary for Apps & Devices
- Express Scripts launches its first digital health formulary that will allow employers and health plans to effectively manage a fast-growing segment of healthcare while improving access for patients.- Starting in January 2020, Express Scripts Digital Health Formulary will initially include 15 solutions for remote monitoring services and digital therapeutics that aid in the management of eight of the country's most common chronic conditions: diabetes, prediabetes, hypertension, asthma, pulmonary
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Research: October Health IT M&A Activity, Public Company Performance
- Healthcare Growth Partners (HGP) summary of Health IT/digital health merger & acquisition (M&A) activity, and public company performance during the month of October 2019
During the month of October, Health IT continued its evolution into an amorphous market that is increasingly trending away from a specialized niche of healthcare and into a key component of larger sectors such as Enterprise Software, HR Administration, Insurance, Care Delivery, Suppliers, and BioPharma.
The
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Omada Health Integrates With Abbot’s Freestyle Libre for People with Type 2 Diabetes
- Collaboration combines Abbott′s world-leading glucose sensing technology with Omada Health's best-in-class, proprietary digital coaching platform to provide personalized, on-the-go care.- As part of Omada’s expanded Type 2 diabetes offering, FreeStyle Libre will be the exclusive CGM delivered directly to participants’ doorsteps – expanding access to the technology for more people with diabetes.Abbott and Omada Health announced they are partnering to integrate Abbott's revolutionary FreeStyle
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Intermountain Ventures Invest in Omada Health to Expand Relationship
- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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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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Led by Cigna, Omada Health Nabs $50M to Expand Digital Therapeutics for Chronic Disease
Omada Health, a digital health company that helps health plans and employers tackle type 2 diabetes and heart disease in the most engaging, effective, and scalable way possible has raised $50 million in funding led by Cigna. The round also included participation and U.S. Venture Partners, Andreessen Horowitz, Norwest Venture Partners, Humana, Kaiser Permanente Ventures, Providence Ventures, dRx Capital, GE Ventures, Civilization Ventures and Sanofi Genzyme BioVentures.Omada also announced that
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AMA, Omada Health, Intermountain Healthcare Launch Digital Health Program to Reduce Type 2 Diabetes
The American Medical Association (AMA), Omada Health, and Intermountain Healthcare today announced a digital health initiative aimed at reducing the alarming number of adults who develop type 2 diabetes. The new partnership will create a roadmap for large health care organizations across the country to adopt proven online behavior change interventions for at-risk patients, and integrate those programs into provider referral and clinical workflow. The collaboration marks the first time that the
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Omada Health Raises $48M to Help Employers, Health Plans Tackle Chronic Disease
Omada Health, the Andreessen Horowitz-backed digital health company that helps employers and health plans avoid getting diabetes, heart disease, and other chronic conditions, announced today that it has raised $48 million in Series C funding. The round was led by Norwest Venture Partners, including strategic investment from two Omada customers – Humana, Inc. and Providence Health & Services, as well as prior investors US Venture Partners, Andreessen Horowitz, Rock Health and new investors
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