What You Should Know:
- Transformation Capital
Partners, L.P. (“Transformation Capital”) announced the launches of it’s
$500M growth equity fund, Transformation Capital Fund II, L.P.
- The new fund will focus on investing between $10 to $30M in
commercial-stage digital health companies and technology-enabled service
businesses that are improving the healthcare system.
- Led by Todd Cozzens, Dr. Jared Kesselheim and Mike Dixon, Transformation
Capital manages over $800 million across the
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Partners
Why A Patient-First Strategy for Specialty Rx Pharmacists Is Critical to Optimize Outcomes
One of the biggest challenges for biopharmaceutical companies of rare and orphan disease patient populations is optimizing disease management in a way that enhances the patient journey and improves outcomes. As these companies seek innovative solution partners, a patient-first approach that offers specialty Rx pharmacist expertise is critical for securing insurance coverage, coordinating care, ensuring compliance, and, ultimately, minimizing the daily impact of rare and orphan
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Intraprise Health Acquires Compliance Solution HIPAA One – M&A
What You Should Know:
- Intraprise Health acquires HIPAA One to create comprehensive integrated security risk management and compliance platform for healthcare.
Intraprise Health, a provider of cybersecurity services and solutions and the Protect™ risk management software platform, today announced that it has acquired HIPAA One, a provider of HIPAA compliance automation software. The merger allows Intraprise Health to offer an integrated set of cybersecurity and
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Withings, Redox Partner to Make Remote Patient Monitoring Devices Integrated With All EHRs
What You Should Know:
- Withings partners with healthcare IT integration
company Redox, which will make its remote patient monitoring solution, Withings
MED·PRO CARE, compatible with nearly all EHRs used by physicians, hospitals,
and medical institutions.
- Through the partnership, physicians can now order and
ship Withings clinically-validated connected health devices directly to their
patients through their EHR.
- As patients use their Withings devices, which are
designed to be
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UCHealth Taps Conversa Health to Track COVID-19 Vaccine Effects on Frontline Healthcare Workers
What You Should Know:
- Conversa Health's COVID-19 programs now include patient monitoring pre- and post-vaccination, education on vaccines, and appointment reminders.
- Healthcare workers at UCHealth in Colorado are
receiving 24/7 monitoring of vital signs two days before and seven days after
receiving their vaccinations courtesy of Conversa Health.
Conversa Health, a Portland, OR-based automated virtual care and triage platform, has expanded its suite of COVID-19 programs with
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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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Patient-First Model: High Tech Meets High Touch for Individuals with Rare Disorders
Industry experts state that orphan drugs will be a major trend to watch in the years ahead, accounting for almost 40% of the Food and Drug Administration approvals this year. This market has become more competitive in the past few years, increasing the potential for reduced costs and broader patient accessibility. Currently, these products are often expensive because they target specific conditions and cost on average $147,000 or more per year, making commercialization
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5 Post-Acute Care Industry Trends to Watch in 2021
What You Should Know:
- Healthcare technology company Forcura names the five
most significant trends for the post-acute care industry in 2021.
The post-acute care (PAC) sector saw some of its most
profound challenges this year, from deadly COVID-19
outbreaks in skilled nursing facilities (SNFs) to a suddenly accelerated need
for the services provided by home health and hospice. The biggest question now
is that what does the post-acute care future hold for all of us?
Forcura, a
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Amazon, AstraZeneca, Pfizer, Merck to Build $10M Digital Health Innovation Lab in Israel
What You Should Know:
- Pfizer, AstraZeneca, Merck, and Teva, and Amazon Web Services (AWS) has been selected by the Israel Innovation Authority to establish an innovation lab in the fields of digital health and computational biology.
- The innovation lab located in the Rehovot Science Park will
receive a government budget of $10M over the next five years and is slated to
start operations in 2021.
Pfizer, AstraZeneca, Merck, and Teva, as well as the Israel Biotech Fund and tech
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Virginia Gov Announces $10M in CARES Act Funding to Create Statewide Coordinated Care Network
What You Should Know:
- The governor of Virginia announced that the state
will allocate $10 million from the federal CARES Act to
implement a statewide integrated technology platform, Unite Virginia designed
to connect vulnerable Virginians to crucial health and social services.
- Unite Virginia will utilize the Unite Us platform to create
a statewide coordinated care network to help government
agencies,
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