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Optum

Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

by Fred Pennic 08/06/2020 Leave a Comment

Ginger Lands $50M to Expand On-Demand Mental Health Support Platform

What You Should Know: - Ginger announces $50 Million in Series D funding to expand access to its on-demand mental healthcare system led by Advance Venture Partners and Bessemer Venture Partners; joined by Cigna Ventures and existing investors. - Company has more than tripled revenue over the past year, now brings access to on-demand mental healthcare to millions around the world through 200+ employer clients and leading health plans. Ginger, a San Francisco, CA-based provider of
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

by Fred Pennic 06/23/2020 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know - Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors. - The additional funding enables DispatchHealth to continue to provide in-home medical care to even more vulnerable, high-needs patients by growing its existing 19 markets, expanding to new markets, and launching additional services.  - Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model

by Fred Pennic 06/23/2020 Leave a Comment

Somatus Lands $64M to Expand Value-Based Kidney Care Model

What You Should Know: - Somatus raises $64M in Series C funding led by Longitudinal Capital to fuel the expansion of its value-based kidney care model. - Somatus will use the funding to continue to scale its model nationally and invest in technology and product development to better support patients and health plan partners. Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

by Fred Pennic 06/19/2020 Leave a Comment

Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

What You Should Know: - Digital therapeutics company Kaia Health raises $26M in Series B funding to help grow its digital therapy solutions for musculoskeletal (MSK) conditions, and expand into new conditions. - The investment was led by Optum Ventures, Idinvest and capital300, plus participation from Balderton Capital, Heartcore Capital and Symphony Ventures, an investment partnership with world #1 golfer Rory McIlroy. - Kaia Health’s smartphone-based approach to managing chronic
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KLAS: COVID-19 Guide to Telehealth Virtual Care & Remote Care Platforms

by Fred Pennic 05/13/2020 Leave a Comment

AmericanWell Telehealth

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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LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

by Fred Pennic 05/06/2020 Leave a Comment

LetsGetChecked Nabs $71M for Direct-to-Consumer At-Home Health Testing

LetsGetChecked, a leading direct-to-consumer at-home health testing and insights company, today announced the closing of $71 million in its Series C round of financing co-led by Illumina Ventures and HLM Venture Partners. The round also includes new investors Deerfield, CommonFund Capital, and Angeles Investments and existing investors Transformation Capital, Optum Ventures, and Qiming Venture Partners USA. Nick Naclerio, Founding Partner at Illumina Ventures and Steven Tolle, Partner at HLM
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RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians

by Fred Pennic 03/12/2020 Leave a Comment

RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians

What You Need to Know: - Leading eConsult platform RubiconMD raises $18M in Series C funding led by Deerfield Management Company to expand its product offerings to better serve primary care clinicians. - RubiconMD’s eConsult platform enables primary care clinicians to easily and quickly discuss their eConsults with top specialists, so they can provide better care–improving the patient experience and reducing costs. RubiconMD, an NYC-based eConsult platform providing access to
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UK-Based Startup Oxford VR Nabs $12.5M to Expand Automated VR Therapy Platform

by Fred Pennic 02/13/2020 Leave a Comment

UK-Based Startup Oxford VR Nabs $12.5M to Expand Augmented VR Therapy Platform into U.S.

- Automated virtual reality therapy Oxford VR secures a record $12.5M investment to advance its real-world impact in behavioral health, and accelerate clinical leadership in the U.S. - The investment will enable the next-level growth of pioneering immersive therapy for depression, anxiety, and other behavioral health conditions. VR therapy pioneer Oxford VR announced today a landmark $12.5 million Series A funding round led by Optum Ventures and supported by Luminous Ventures. The round
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HIMSS Names The 6 Most Influential Women in Health IT

by Jasmine Pennic 02/07/2020 Leave a Comment

HIMSS Names The 6 Most Influential Women in Health IT

HIMSS names Iris P. Frye, Kim Garriott, Dr. Lucienne Ide, Eva Karp, RN-BC, Dr. Geeta Nayyar, and Tressa Springmann as the most influential women in health IT. This week, HIMSS announced its Most Influential Women in Health IT, an annual recognition celebrating women striving to harness the power of information technology to drive healthcare transformation. The award winners will be honored at HIMSS20 in Orlando next month and will join other innovators, leaders, and entrepreneurs at the
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Top 60 Health IT/Digital Health Mergers & Acquisitions in 2019

by Fred Pennic 12/27/2019 Leave a Comment

Kareo Sells Managed Billing Services Business to Health Prime International

- From Google's acquisition of Fitbit to Philips acquisition of Carestream Health's health IT business, here is a look at some of the biggest health IT/digital health mergers & acquisitions in 2019 by each quarter. Q1 M&A Activity Johnson & Johnson Acquires Auris Health for $3.4B to Expand Digital Surgery Portfolio Johnson & Johnson acquiresAuris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately-held developer of
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