Radiology Partners, (RP), the largest physician-led and physician-owned radiology practice in the U.S. with 1400 radiologists supporting more than 1000 hospitals across 21 states, today announced that Starr Investment Holdings (SIH) has invested approximately $700M of long-duration capital in the practice to support its continued growth, including future practice and hospital system partnerships, as well as investments in clinically-focused technology and innovation. RP physicians are also
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Partners
Pfizer, Syapse Partner on Oncology Precision Medicine Using Real-World Evidence (RWE)
Syapse, a San Francisco, CA-based precision medicine company, today announced that it has entered into a strategic collaboration with Pfizer to advance cancer outcomes research using real-world evidence (RWE) toward the ultimate goal of improving patient health. This collaboration will initially focus on the molecular testing and therapy choices on precision oncology journeys in the healthcare system setting.Syapse NetworkThe Syapse Network enables health systems and their providers to learn
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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Pack Health, Glooko Partner to Integrate Real-Time Blood Glucose Monitoring
Digital health coaching platform Pack Health has announced a partnership with diabetes data management provider Glooko to integrate blood glucose monitoring. The integration will augment diabetes health coaching and care coordination services with remote real-time data for blood glucose control.Pack Health & Glooko Integration DetailsIntegrating data from Glooko's diabetes management app into Pack Health's coaching platform for chronic care management and monitoring will enable Health
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ELLKAY Acquires X-link to Expand Healthcare Interoperability Footprint
ELLKAY, LLC, a provider of healthcare connectivity and interoperability solutions has acquired the assets of Tampa-based Legal Easy, Inc., including the industry-leading X-Link medical software interfacing solution. With the strategic acquisition, ELLKAY expands its healthcare footprint and empowers providers with an easier, more cost-effective way to achieve Promoting Interoperability (PI) objectives and quality measures. In addition, the acquisition strengthens ELLKAY’s core mission of
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OSF Healthcare In Talks To Merge With Little Company of Mary Hospital, Expected to Close Early 2020
OSF HealthCare and Little Company of Mary Hospital and Health Care Centers have entered into a period of exclusive negotiations for a full merger. Over the next several months, the two healthcare organizations finalizing agreements and seeking the necessary regulatory and canonical approvals. Expected to finalize in early 2020, the merger would allow OSF HealthCare and Little Company of Mary to share services, develop and expand academic partnerships, and create strategies to meet the unique
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Notable Nabs $40M to Expand Drug Discovery Platform for Personalized Oncology
Notable, a San Francisco, CA-based company redefining cancer treatment with a clinically validated platform that rapidly advances cancer drug development has raised $40M in Series B funding. The Series B round is co-led by B Capital Group and LifeForce Capital. LifeForce is a returning investor, joined by new investors B Capital and Industry Ventures. This latest round brings Notable’s total funding to over $55M.Notable was founded in 2017 by Matt De Silva after helping his own father Marc, who
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Boston University, Sharecare to Build Community Well-Being Index With SDoH & Real-Time Datasets
The Boston University School of Public Health (SPH) and Sharecare, the digital health company helping people manage all their health in one place has formed a strategic partnership to build the most comprehensive and dynamic measure of well-being across the United States.Community Well-Being Index (CWI) OverviewThe Community Well-Being Index (CWI) from SPH and Sharecare will contextualize the critical impact that environment has on one’s access to health resources, readiness to change and
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Global Digital Health VC Funding Breaks $5.1B in First Half of 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $5.1 billion in the first half of 2019, according to market research firm Mercom Capital. The 1H and Q2 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $5.1B in funding across 318 deals compared to $4.9B across 383 deals in 1H 2018. Q2 2019 VC funding held strong at $3.1 billion in 169 deals following the $2 billion raised in 149 deals in Q1 2019.
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Capital Rx Lands $12M To Redefine The $550B Pharmacy Benefit Industry
Capital Rx, a New York-based pharmacy benefits manager overseeing prescription benefit plans for employers, unions, and government entities, today announced it has raised $12M in growth funding led by Edison Partners.Transforming An Outdated Model“Historically, the PBM industry chose consolidation over innovation, which is why the model hasn’t evolved in twenty years,” said AJ Loiacono, founder, and CEO of Capital Rx. “The sad truth is employers procure office supplies more effectively than
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