What You Should Know:
- VideaHealth, a dental diagnostic AI solution raises $20M in Series A funding led by Spark Capital including existing investors Zetta Venture Partners. Pillar VC also contributed to the round, bringing the company to $26.4M to date.
- The company will use the financing to expand its groundbreaking AI-based diagnostics capabilities to over 6000 dental practices by the end of 2023.
Transforming Dentistry Through AI
Today, more than 40% of dental
Read More
Partners
PE Firm Acquires Intelligent Medical Objects (IMO) for $1.5B+
What You Should Know:
- Thomas H. Lee Partners, a premier private equity firm investing in growth companies, announced today that it has entered into an agreement to acquire a majority interest in Intelligent Medical Objects, a healthcare data enablement company and market leader in clinical terminology solutions in a $1.5B + deal.
- Founded in 1994, IMO manages more than 5 million clinical terms and maps to all major coding systems. Its suite of software products, which is used by over
Read More
Powered by Biofourmis, Blessing Health System Partners Launches Home Hospital Services
What You Should Know:
- Blessing Health System, an integrated rural health system selects Biofourmis, a virtual care and digital therapeutics provider to launch its own home hospital services.
- As part of the selection, Biofourmis is supporting the health system with its turnkey, end-to-end, home hospital solution for participation in the Rural Home Hospital project.
Delivering Acute-Level Hospital Care Inside Patients’ Homes
This new program allows caregivers to
Read More
BillionToOne Raises $125M to Expand Genetic Testing Platform
What You Should Know:
- BillionToOne, a next-generation molecular diagnostics company with a mission to create powerful and accurate tests that are accessible to all raises $125M in Series C funding co-led by Adams Street Partners and existing investor Hummingbird Ventures with significant participation from Baillie Gifford, Neotribe Ventures, Norwest Venture Partners, Civilization Ventures, Fifty Years VC, Pacific 8 Ventures, Time BioVentures, and Libertus Capital, among others.
- This
Read More
Hims & Hers & Carbon Health Partner to Expand Care Options for California Customers
What You Should Know:
- Hims & Hers & Carbon Health partnership adds the seventh U.S. state to the Hims & Hers provider network, which enables seamless care for a wide range of conditions.
- Collaboration advances Hims & Hers efforts to transform healthcare by adding another high-quality provider to its growing network of provider relationships.
Hims & Hers Health, the multi-specialty telehealth platform focused on providing modern personalized health and wellness
Read More
ConcertAI Raises $150M at $1.9 Billion Valuation for RWD Platform
What You Should Know:
- ConcertAI, LLC (ConcertAI), the leader in enterprise AI and real-world data (RWD) solutions for life sciences and healthcare, announced the close of its $150M in Series C led by Sixth Street at a $1.9B valuation.
- From its startup just five years ago, ConcertAI has emerged as one of the fastest-growing companies providing high-value software-as-a-service (SaaS) and data solutions to life sciences and biopharma companies, leading healthcare providers, contract
Read More
Brightside Health Raises $50M for Personalized Anxiety & Depression Care
What You Should Know:
- Today, Brightside Health announced it raised a $50M Series B, led by ACME Capital and Mousse Partners, bringing its total funding to $75M to date.
- The funding will help Brightside expand access to high-quality mental healthcare to more people across the country, enhance the platform, forge new partnerships, and grow as a team, from about 57 now to an expected 175 later this year.
Brightside Health, a telemedicine platform that offers fast access to
Read More
Altibbi Raises $44M for Middle East AI-Based Digital Health Platform
What You Should Know:
- Altibbi, the Middle East’s largest AI-based digital health platform raises $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures. The Series B round marks the largest single financing round for a regional Digital Health company.
- Raising more than $50M in funds since its founding in 2011, Altibbi’s diverse shareholder base also includes high-profile investors Endeavor Catalyst,
Read More
Health Plan Invests $100M to Introduce Real-Time Claims Payments for Providers
What You Should Know:
- CalOptima will be the first health plan to introduce ‘real-time claims payments’ permanently for providers as part of this historic $100+ million investment in the safety net in Southern California.
- Board also approves $100 million in technology to improve health care delivery and $8 million to launch a Street Medicine Program.
CalOptima, a publicly funded health care coverage for low-income children, adults, seniors and people with disabilities in Orange
Read More
CPQ: Optimizing MedTech Operations and Sales to Accelerate Cash Flow
The lead-to-cash process in most B-to-B organizations––particularly those operating in the medical device industry––is often complex and lengthy. This is even more apparent when operations, sales and customer success teams operate in manual and siloed environments.
In this all-too-common scenario, not only does it slow cash flow velocity, it also leaves the organization vulnerable to inconsistencies, inaccuracies and more errors every time a handoff occurs between
Read More
