What You Should Know:
- Privia Health, a national physician enablement company that collaborates with medical groups, health plans and health systems, has teamed up with Babyscripts, the leading virtual care platform for managing obstetrics, to provide the Babyscripts platform to their providers, enabling physicians with Privia Women’s Health to deliver cutting-edge remote care to their pregnant and postpartum patients across the nation.
- Pregnant patients who receive care from the more
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Partners
PE Firm Aquiline Capital Partners Acquires Telemedicine Provider Avera eCare
What You Should Know:
- Telemedicine services provider Avera eCare announced it has been acquired by private equity firm Aquiline Capital Partners with $6.4B in assets under management. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare. Closing is expected to occur in the fourth quarter of 2021.
- Avel eCare’s more than 230 employees will continue to work for Avel eCare, and its headquarters
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M&A: Komodo Health Acquires Breakaway Partners to Improve Patient Access
What You Should Know:
- Today, Komodo Health announces the acquisition of Breakaway Partners to improve patient access to effective therapies. The acquisition brings together Komodo’s Healthcare Map and software suite with Breakaway Partners’ industry-leading formulary data, policy criteria, and analytics software to create the industry’s first prescription drug access business solution based on a comprehensive, real-time view of real-world outcomes and
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation
What You Should Know:
- CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations.
- As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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Lightship Partners with Castor to Scale Virtual Clinical Trials Worldwide
- Lightship and Castor, providers of decentralized clinical trial solutions, today announced a strategic partnership to run direct-to-patient (hybrid) clinical trials at scale. The partnership combines operational excellence in clinical studies and technology that delivers for the most complex clinical trials.
- Lightship’s end-to-end delivery model combined with an in-house care team provide the best possible patient experience in clinical trials.
- By partnering with Castor’s
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Medable, Aural Analytics Partner to Develop Remote Cancer Digital Solutions
What You Should Know:
- Medable announced today that it is now partnering with Aural Analytics to test and develop remote digital data tools and harmonization methods designed to assess the wellbeing of patients undergoing cancer treatment.
- The addition of Aural Analytics’ speech biomarkers application improves outcomes data with important speech and language-based information about motor, cognitive, and respiratory function furthering the scope of digital measures which can be captured
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PE Firm Frazier Healthcare Partners Closes $1.4B Growth Buyout Fund
What You Should Know:
- Frazier Healthcare Partners, a Seattle-based healthcare private equity firm announced the close of its tenth global buyouts fund and 13th fund across buyouts and life sciences. Investment focus will continue to be middle market provider-based businesses, with virtual health as a major component. The oversubscribed $1.4 billion fund, FHGB X, is significantly larger than FHGB IX, which closed at $780M in 2018.
- Frazier, 30 years strong this year,
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians
What You Should Know:
- Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities.
- The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts.
OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Cohere Health Raises $36M to Automate Prior Authorization Between Payers & Providers
What You Should Know:
- Boston-based health IT company Cohere Health has closed a $36 million Series B funding round led by Polaris Partners, with additional participation from new investors Longitude Capital and Deerfield Management, as well as existing investors Flare Capital Partners and Define Ventures. The round comes less than a year after the company launched, and only 3 months after a Series A extension.
- Cohere Health’s AI-based, fully
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Transparent Health Marketplace Raises $30M for Worker’s Compensation Platform
What You Should Know:
- Today Transparent Health Marketplace, Inc. (THM) has announced a $30 million Series C led by ARTIS Ventures to implement a completely different approach to workers’ compensation and healthcare – using proven marketplace technology that positively transformed travel, finance and other industries.
- New investors in the round include Phase 2 Partners, combined with significant participation from existing institutional and individual investors. The latest funding
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