Mergers & Acquisitions (M&A) Activity
OptimizeRx Acquires EvinceMed, a Specialty Drug Prescription Initiation Platform
OptimizeRx, a provider of point-of-care technology solutions helping patients start and stay on therapy announced a definitive agreement to acquire the EvinceMed platform and related assets. EvinceMed is a provider in delivering end-to-end automation for specialty pharmaceutical transactions. The acquisition includes the full Market Access Management Platform
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SAN FRANCISCO
Rural Health Startup Homeward Emerges with $20M to Support Rural Communities
What You Should Know
- Homeward, a new company focused on improving access to high-quality, affordable primary and specialty care in rural communities launches with an initial $20M investment.
- The organization is rearchitecting care for rural Americans who have a 23% higher mortality rate than those in urban communities.
Homeward – a San Francisco, CA-based mobile, in-person, and telehealth hybrid care model (with specialty and primary care providers) for people
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GHX Names The Top 50 Hospitals for Supply Chain Excellence
What You Should Know:
GHX today announced its annual list of the Best 50 supply chains, which recognizes the highest performing healthcare provider organizations in North America. These honorees set the standard for supply chain excellence by improving operational performance while driving down costs through supply chain automation.
Healthcare Providers Modernizing Supply Chain Operations
Selected among more than 4,100 hospitals connected to the GHX digital trading network (Exchange) in
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Viz.ai Awarded 510(k) Clearance for AI-Powered Cerebral Aneurysm Detection Solution
What You Should Know:
- Viz.ai, a San Francisco-based provider of AI-powered intelligent care coordination for stroke, has received FDA 510(k) clearance for Viz ANEURYSM (formerly Viz ANX), the first and only AI-powered cerebral aneurysm detection solution designed to facilitate population screening and enhanced care management.
- The new algorithm uses AI to detect suspected cerebral aneurysms, enabling hospital systems
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Memora Health Nabs $40M to Scale Virtual Care Delivery Platform
What You Should Know:
- Memora Health, a San Francisco, CA-based technology platform for virtual care delivery and complex care management, today announced the completion of a $40 million financing led by Transformation Capital with participation from Andreessen Horowitz, Frist Cressey Ventures, Edward Elmhurst Health, AlleyCorp, and others. As part of the financing, Todd Cozzens, Managing Partner at Transformation Capital, will join Memora's board.
- Memora continues to rapidly grow with
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AKASA Raises $60M to Automate Revenue Cycle Operations for Health Systems
What You Should Know:
- AKASA (formerly known as Alpha Health), a South San Francisco, CA-based Unified Automation™ company for revenue cycle management in healthcare, announced it has raised $60 million in its series B round of funding.
- Founded in 2018, AKASA uses the same machine learning approaches that made driverless cars possible to provide health systems with a single solution for automating revenue cycle operations. AKASA’s unique expert-in-the-loop approach combines modern
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AppliedVR Lands $29M for VR Platform to Treat Chronic Pain
What You Should Know:
- AppliedVR, a Los Angeles, CA-based company advancing the next generation of digital medicine, today announced $29 million in Series A funding, bringing its total funds raised to date to $35 million. The round, which includes key investors F-Prime Capital, JAZZ Venture Partners, Sway Ventures, GSR Ventures, Magnetic Ventures and Cedars-Sinai, will fuel the company’s growth as it pursues full FDA approval over the next year.
- Founded in 2015, AppliedVR provides
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bene : studio Launches HealthTech Product Accelerator Starting April 1st
What You Should Know:
- bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies' design and technology.
- This accelerator is tailored to advanced Health Tech startups with $1M+ yearly revenue or overall funding, with programs including, but not limited to, Telehealth, IoMT devices, Biotech, and
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Reperio Health Raises $6M to Expand At-Home Wellness Kits to Employer Market
What You Should Know:
- Portland, Oregon-based Reperio Health announced it has raised $6M in seed funding co-led by Caduceus Capital Partners in Nashville, Tenn., and Rogue Venture Partnersin Portland, Ore., with additional investment from Liquid 2 Ventures and G Ventures, both out of the San Francisco Bay Area.
- Reperio’s patent-pending at-home health assessment brings a broad range of screenings right to peoples’ doors.
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Modern Health Raises $74M Reaching $1.17B Valuation for Mental Health & Wellness Platform
What You Should Know:
- Modern Health raises an additional $74M in Series D funding, now valuing the company at $1.17 billion.
- Modern Health’s comprehensive mental health and wellness platform combines the WHO well-being assessment, self-service wellness kits, a global network of certified coaches, and licensed therapists available in 35 languages all available in a single app.
Modern Health, the mental health and wellness platform supporting 220+ enterprises globally, today
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