What You Should Know: - This week, TaeJong Jay Yang, EVP and Head of Health R&D for Samsung outlined the company’s vision health and wellness. - Samsung’s health and wellness vision is focused on setting new standards for health experiences through our Galaxy Watch series, and across our broader product portfolio. Pillars of Samsung’s Health & Wellness Vision Samsung has established three key pillars to help consumers reach their own goals: 1.
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SAN FRANCISCO
Syapse Raises $35M to Expand Learning Health Network
What You Should Know: - Syapse raises $35M led by an affiliate of Innovatus Capital Partners, LLC (Innovatus)to tackle the challenge of understanding, preventing, and treating complex cancers. - The investment will allow Syapse to expand its artificial intelligence and machine learning capabilities, making it more efficient to uncover meaningful insights from real-world oncology data. Syapse, a San Francisco, CA-based real-world evidence company accelerating the
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Oncoustics Raises $5M for AI-Driven Point-of-Care Diagnostics
What You Should Know: - Oncoustics, San Francisco, CA-based ultrasound-based tissue characterization solutions announces the initial close of a $5 million+ seed round of funding to advance its SaMD (software as a medical device) technology for the low-cost assessment of structural diseases at the point of care. - Oncoustics’ first products will focus on liver disease, one of the fastest-growing causes of morbidity and mortality in the world. The round is co-led by Creative Ventures
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$3.7 Trillion Reasons to Centralize Chronic Disease Management
59% of all Americans (194 million) suffer from at least one chronic disease, and almost one in three adults has three or more chronic conditions. Unfortunately, the problem will only get worse with time. On the business front of chronic disease management, health care systems are already struggling with rising costs and uneven quality despite the hard work of well-intentioned, well-trained clinicians. Health care leaders and policymakers have tried countless
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Take Command Acquires Technology from Savvy to Expand Benefits Platform
What You Should Know: - Take Command, a tech-enabled service that offers HRA administration, has acquired innovative HRA intellectual property assets from Savvy, a San Francisco-based, VC-backed healthcare company founded in 2019. Financial terms of the deal were not disclosed. - The acquisition signifies the market growth of Individual Coverage HRAs (ICHRAs, a new model of reimbursing employees for health insurance rather than buying it for them). What's an ICHRA? The
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Osmind Secures $40M to Expand Mental Health EHR Platform
What You Should Know: - Osmind, a mental health EHR platform helping clinicians and researchers advance new life-saving mental health treatments, today announced a $40 million Series B investment led by DFJ Growth. The Series B round brings the total amount of funding for Osmind to $57M since the company’s founding in 2020. Justin Kao, partner at DFJ Growth, and the co-founder of Helix, will join the Osmind Board of Directors. - Osmind works with mental health providers of all types, but
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NexHealth Nabs $125M for End-to-End Patient Experience Platform
What You Should Know: Today, NexHealth announced its $125M Series C funding, bringing the company’s valuation to $1B for its patient experience platform. - The funding will support the company in advancing its mission to create a more streamlined doctor and patient experience while building the seamless technological infrastructure needed for future health tech entrepreneurs to innovate upon. NexHealth, a San Francisco, CA-based patient experience management platform
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Viz.ai Raises $100M for Care Coordination Platform at $1.2B Valuation
What You Should Know: - Viz.ai, a San Francisco-based AI-powered disease detection and care coordination platform raises $1000M in Series D funding led by Tiger Global and Insight Partners. The round also included participation from Scale Ventures, Kleiner Perkins, Threshold, GV (formerly Google Ventures), Sozo Ventures, CRV, and Susa. - The new funds will be used to support Viz.ai’s significant growth trajectory, expand the Viz Platform to detect
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Blue Shield of CA & Walgreens Launch Health Advisory Services in Retail Stores
What You Should Know: - Blue Shield of CA and Walgreens Health announces a new health advisory service that will expand access to care management and coordination for Californians through in-store and virtual resources through the launch of 12 new Walgreens Health Corner™ locations in the San Francisco Bay Area and Los Angeles County. - With the addition of Walgreens Health Corner™ locations in LA and the
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Invitae Launches Genomics-Forward Digital Health Platform
What You Should Know: - Invitae launches a seamless digital platform to enhance patient and provider experiences and further bring genetics to mainstream medicine. - Offering seamless integrations with EHR solutions, Invitae Digital Health will provide healthcare systems with a customizable suite of tools in a single, intuitive platform. Invitae, a San Francisco, CA, based medical genetics company, announced the launch of Invitae Digital Health—a connected
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