What You Should Know:
- Redesign Health, a venture builder in the healthcare space, has announced a $175M investment for a new fund dedicated to launching and scaling transformative healthcare companies.
- The significant investment, with participation from prominent investors like Declaration Partners and Euclidean Capital, will further solidify Redesign Health's position as a driving force in healthcare innovation.
- The new funding will enable Redesign Health to support
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Redesign Health
Stitch Employment Services Launches with $8.75M to Simplify HR for Independent Medical Practices
What You Should Know:
- Stitch Employment Services Inc., a workforce solution designed specifically for independent medical practices, announced its official launch today. Founded at Redesign Health, Stitch offers a comprehensive suite of services to streamline essential HR functions, allowing practices to focus on attracting and retaining top talent.
- By reducing administrative burdens and simplifying complex HR processes, Stitch empowers independent medical practices to thrive.
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Digital Health Exec Hires: Transcarent Appoints CMO, Carium, Tegria, Swift Medical, GoCheckKids, Others
Transcarent appoints Dr. Randy Hawkins as Chief Medical Officer (CMO) and will report to Transcarent Chief Executive Officer, Glen Tullman. As CMO, Dr. Hawkins will oversee the organization’s clinical quality initiatives and support the organization’s health analytics strategy.
Swift Medical has appointed Brian Litten as its new Chief Executive Officer effective immediately. Litten brings decades of healthcare leadership experience across health plans, provider organizations, regulatory
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Redesign Health Lays Off 20% of Staff in Restructuring Move
What You Should Know:
- Redesign Health, a company that builds other healthcare startups, laid off 67 employees, or about 20% of its workforce, Fast Company reports. The cuts come roughly a month after Redesign raised $65 million in Series C funding.
- A spokesperson for Redesign confirmed the layoffs, calling the cuts a “restructuring move.” “This move by Redesign was not financially driven—or was something that was related, connected to, or a requirement of the recent round
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Redesign Health Raises $65M to Build Next-Gen Health Startups
What You Should Know:
- Redesign Health, a healthcare company that researches, builds and launches other healthcare companies raises $65M in Series C funding led by General Catalyst with participation from CVS Health Ventures, UPMC Enterprises (the innovation and venture capital arm of leading health system UPMC), Eden Global Partners, Euclidean Capital, Samsung Next, TriplePoint Capital, and founding investor Declaration Partners.
- In addition, General Catalyst,
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Redesign Health Spinout Jasper Health Launches AI-Driven Cancer Care Platform
What You Should Know:
- Jasper Health launched today as the first end-to-end care experience that navigates, connects, and provides actionable insights throughout the cancer journey for individuals with cancer, their caregivers, and providers.
- Jasper combines an easy-to-navigate user interface with leading oncology support to help guide Jasper Members and caregivers through the myriad of challenges that arise post-diagnosis. United by a team of digital health experts, specialized
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Backed by Redesign Health, MedArrive Launches with $4.5M in Funding for Care Management Platform
What You Should Know:
- With $4.5 million in funding from
Kleiner Perkins and Define Ventures, and backed by Redesign Health, MedArrive
is poised to bridge the virtual care gap and make affordable at-home care the
new norm.
- Co-founded by the former head of Uber Health, MedArrive enables healthcare providers to seamlessly extend care services into the home, unlocking access to high-quality healthcare for more people at a fraction of the cost.
- MedArrive’s fully integrated care
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