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Oncology Technology Solutions, Services Impacting Patients and Providers

Biobeat Launches Home-Based Remote Patient Monitoring Kit

by Fred Pennic 01/20/2021 Leave a Comment

Biobeat Launches Home-Based Remote Patient Monitoring Kit

What You Should Know: - Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit. - The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology. Biobeat, an Israeli-based continuous remote
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Conversa Health Expands Series B to $20M with Additional $8M in Funding

by Jasmine Pennic 01/19/2021 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know:  - Conversa Health raises an additional $8M, expanding its Series B round to $20M for its automated virtual care platform, totaling $34M in funding to date. - The Series B round, first announced at $12 million in June, was co-led by Builders VC and Northwell Ventures, the corporate venture arm of Northwell Health, New York’s largest healthcare provider with 23 hospitals and 800 outpatient facilities. - Founded in 2014, Conversa enables health systems
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Frenova Begins Patient Enrollment to Build World’s Largest Genomics Registry for Kidney Disease

by Jasmine Pennic 01/11/2021 Leave a Comment

Frenova Begins Patient Enrollment to Build World’s Largest Genomics Registry for Kidney Disease

What You Should Know: - Frenova Renal Research, a global division of Fresenius Medical Care, announced today that it has started to enroll patients in its new endeavor to build the world’s largest genomics registry targeting kidney disease. - The registry will be used to help advance understanding of the genetic drivers of kidney disease and shape more precise, individualized therapies. Fresenius Medical Care, the world’s leading provider of products and services for people
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2020’s Top 20 Digital Health M&A Deals Totaled $50B

by Fred Pennic 12/31/2020 Leave a Comment

2020’s Top 20 Digital Health M&A Deals Totaled $50B

Teladoc Health and Livongo Merge The combination of Teladoc Health and Livongo creates a global leader in consumer-centered virtual care. The combined company is positioned to execute quantified opportunities to drive revenue synergies of $100 million by the end of the second year following the close, reaching $500 million on a run-rate basis by 2025. Price: $18.5B in value based on each share of Livongo will be exchanged for 0.5920x shares of Teladoc Health plus cash consideration of
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M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

by Fred Pennic 12/16/2020 Leave a Comment

M&A: Cerner to Acquire Health Division of Kantar for $375M in Cash

What You Should Know:  - Cerner announces it will acquire Kantar Health, a leading data, analytics, and real-world evidence and commercial research consultancy serving the life science and health care industry. - This acquisition is expected to allow Cerner’s Learning Health Network client consortium and health systems with more opportunities to directly engage with life sciences for funded research studies. The acquisition is expected to close during the first half of
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Mount Sinai to Deploy Current Health’s RPM Solution to Enhance Oncology Patient Care

by Jasmine Pennic 12/15/2020 Leave a Comment

Mount Sinai to Deploy Current Health’s RPM Solution to Enhance Oncology Patient Care

What You Should Know: - Mount Sinai Health System will implement Current Health’s remote patient monitoring (RPM) solution to allow oncology patients to recover at home while being continuously and passively monitored by their care team. - The implementation will reduce hospitalization events and prevent potential patient exposure to infection while bridging the digital health divide as more and more patients engage in telehealth. Current Health today announced that its remote patient
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

by Fred Pennic 11/18/2020 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. - Access to over one million patient data records and additional funding support enhanced real-world data and analytics services in oncology. COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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M&A: RxVantage Acquires onPoint Oncology to Expand Offering to Oncology Practices

by Jasmine Pennic 11/10/2020 Leave a Comment

M&A: RxVantage Acquires onPoint Oncology to Expand Offering to Oncology Practices

What You Should Know: - RxVantage has acquired onPoint Oncology to provide cancer care teams with on-demand access to educational resources, reimbursement data, and analytics. - The acquisition of onPoint Oncology builds on RxVantage’s rapidly expanding digital offerings for providers. In April, RxVantage launched Virtual Meetings to help providers reestablish access to life science experts amidst the disruptions caused by COVID-19. RxVantage, the leading digital
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FDA Extends RCA With COTA to Explore COVID’s Effect on Cancer

by Fred Pennic 11/04/2020 Leave a Comment

FDA Extends RCA With COTA to Explore COVID's Effect on Cancer

What You Should Know: - The FDA just extended its research collaboration agreement (RCA) with COTA, specifically looking at how COVID-19 is affecting cancer. - With this expanded agreement, COTA and the FDA will use real-world data to explore the impact of COVID-19 and the pandemic on cancer treatment, with the opportunity to expand into other oncology questions in the future. COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care,
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Redox Integrates Voluntis’ Digital Therapeutics Within EHR

by Fred Pennic 10/30/2020 Leave a Comment

Redox Integrates Voluntis’ Digital Therapeutics Within EHR

What You Should Know: - Voluntis forms a strategic partnership with Redox to integrate Voluntis' digital therapeutics within existing clinical workflows and EHRs. - Integration of Voluntis’ Theraxium platform with the Redox Engine used by more than 900 healthcare organizations using 55 EHRs across the country. - The first area of this application will be in oncology, with future extensions in other therapeutic areas. As a result, clinical staff will be better equipped to serve each
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