What You Should Know:
- Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M.
- The Story Health platform empowers specialists through intelligent embedded clinical software
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Partners
NourishedRx Raises $6M to Accelerate Intelligent Food-for-Health Platform
What You Should Know:
- NourishedRx, a digital health company raises $6M in seed funding led by S2G Ventures with additional investors Route 66 Ventures, Connecticut Innovations, Primetime Partners, and other individual investors.
- The company will utilize the funding to expand its high-tech, a high-touch platform to provide personalized, culturally relevant food solutions to health plan members nationwide.
Personalized Nutrition
Founded in 2019, with the support of the Mailman
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Medisafe Launches Digital Document Exchange to Speed Up Medication Approvals
What You Should Know:
- Today, Medisafe, a leading digital therapeutics and patient engagement company launches its new Digital Document Exchange module to streamline the medication approval process.
- The solution enables patients to upload and submit required documentation directly through the company's app — speeding complex medication approval processes from an average of 24 days to 10 minutes and allowing patients to begin treatment therapy sooner.
Digital Document Exchange
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UBC Partners with Seqster to Advance Patient-Centric Clinical Trials
- UBC, late-stage research and patient support services organization partners with Seqster PDM, Inc. ("Seqster"), a patient-centric healthcare technology company, to provide nationwide health record interoperability with patient engagement.
- UBC will utilize the technology to enable clinical and observational research to transition from traditional site-based studies to decentralized clinical trials (DCTs). Seqster's turnkey white label solution facilitates the rapid move to a fully
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Al-Futtaim Partners with TytoCare to Expand Digital Health Services
What You Should Know:
- TytoCare, a global all-in-one modular device and examination platform for AI-powered, on-demand, remote medical exams, announced today its partnership with Al-Futtaim Electronic-Techserve, a group company of Al-Futtaim. The partnership with TytoCare will enable Al-Futtaim to broaden its reach across the healthcare spectrum, covering all touchpoints, from specialists to local clinics.
- Al-Futtaim Group is a large
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M&A: IBM Sells Off Watson Health Business to PE Firm Francisco Partners
What You Should Know:
- Today, IBM announced it has sold off healthcare data and analytics assets from IBM that are currently part of the Watson Health business to global private equity firm Francisco Partners. The assets acquired by Francisco Partners include extensive and diverse data sets and products, including Health Insights, MarketScan, Clinical Development, Social Program Management, Micromedex, and imaging software offerings.
- Financial terms of IBM's agreement with Francisco
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AdhereHealth Partners with Digital In-Home Care Provider, Hero
What You Should Know:
- Partnership enables AdhereHealth to deploy Hero’s digital in-home care platform to simplify complex medication routines, improve patient safety and optimize value-based care.
AdhereHealth, a healthcare technology leader in medication adherence insights and health outcomes, has entered into a strategic partnership with Hero, the market leader in digital in-home care. This new agreement enables AdhereHealth to deploy Hero’s digital in-home care platform to help
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Rev Cycle Company Ensemble Health Partners Files to Go Public
What You Should Know:
- Ensemble Health Partners, Inc. (“Ensemble”), a provider of healthcare revenue cycle management solutions for hospitals and affiliated physician groups, announced it has filed to raise $649M for its initial public offering (IPO), at a valuation of $1.2B.
- Ensemble is offering 29,500,000 shares of its Class A common stock at an initial public offering price between $19 and $22 per share. It also intends to grant the underwriters a 30-day option to
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Augmedix Partners with Google Cloud to Rehumanize the Patient-Clinician Interaction
What You Should Know:
- Augmedix, Inc., a provider of virtual medical documentation and live clinical support, today announced that it has partnered with Google Cloud to optimize and integrate automated speech recognition (“ASR”) technology for use in real-world clinical settings. ASR technology is a critical component in the Augmedix technology stack, and Augmedix is now integrating Google Cloud Speech-to-Text into its Notebuilder technology platform, which provides natural language
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Nordic Capital and Insights Partners Acquires Inovalon for $7.3B
What You Should Know:
- Inovalon, a provider of cloud-based platforms empowering data-driven healthcare, today announced that it has entered into a definitive agreement to be acquired by an equity consortium led by Nordic Capital, and joined by Insight Partners, as lead co-investor, 22C Capital for $7.3 billion in cash.
- Under the terms of the agreement, Inovalon stockholders will receive $41.00 per share in cash for each share of Class A Common Stock or Class B Common Stock, representing
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