What You Should Know: - Illumina and Sequoia Capital will collaborate to build an ecosystem for life science startup companies advancing breakthrough applications in genomics. - Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina will leverage the expertise of Illumina for Startups in building genomics companies with the unparalleled track record of Illumina Accelerator in San Francisco Bay Area and Cambridge, UK. - Sequoia Capital China will dedicate to
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SAN FRANCISCO
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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Pair Team Emerges Out of Stealth with $2.7M to Automate Primary Care Operations
What You Should Know: - San Francisco-based digital health startup Pair Team
emerges out of stealth with $2.7M in seed funding backed by Kleiner Perkins,
Craft Ventures, & YC. - Pair Team provides both a remote team and AI that automates workflows, provides infrastructure & improves medical practices — efficiencies and billing as you’d expect, but all driving toward value-based, quality patient care. - Pair’s wrap-around technology tripled the rate of annual wellness visits
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COVID-19: How Hospitals Can Create Better Inpatient Bed Capacity through Math
Since the beginning of the COVID-19 pandemic, key elements of hospital operations such as managing inpatient bed capacity, and access to ventilators and PPE have taken center stage. The general public got a crash course on what hospitals need in order to function successfully when disaster hits, and daily news and discussions were centered around ICU bed capacity as cases accelerated across the country. The nightmarish predictions and reality led to the development of creative measures to
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CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status
What You Should Know: - CommonHealth has connected to 230
health systems in the United States, allowing patients to gather, manage and
share their health and test data, including COVID test and vaccination status. By
the end of this month, CommonHealth will connect to more than 340 health
systems - CommonHealth extends the health data
portability and interoperability model pioneered by Apple Health to the 55
percent of Americans with Android devices (85 percent globally) The Commons
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others
CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients
What You Should Know: - GE Healthcare announced a new artificial intelligence
(AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a
necessary and important step when ventilating critically ill COVID-19 patients. - The AI solution is one of five included in GE Healthcare’s Critical Care Suite 2.0, an industry-first collection of AI algorithms embedded on a mobile x-ray device for automated measurements, case prioritization, and quality control. GE Healthcare
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CareAsOne Summit 2020 Kicks Off Discussing Healthcare Transformation
This three-day virtual summit hosts over 40 industry experts discussing the challenges and transformation in healthcare. CareAsOne, a virtual healthcare professional community, officially kicked off its first-ever, global CareAsOne Summit. With Microsoft and AWS as technology partners, the community’s conference joins healthcare experts from all over the world to discuss the most healthcare pressing issues of today and perhaps tomorrow. Speakers started sharing their wins, challenges,
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Ontrak Acquires Science-Backed, Behavior Change Platform LifeDojo
What You Should Know: - Ontrak acquires LifeDojo Inc, a San Francisco, CA-based
comprehensive, science-backed behavior change platform. - The acquisition broadens Ontrak’s addressable market
and footprint to lower acuity populations enabling new interventions and remote
patient monitoring. Ontrak, Inc., a
leading AI-powered
and telehealth-enabled,
virtualized healthcare company, today announced that it has acquired
LifeDojo Inc, a comprehensive, science-backed behavior change
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KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform
What You Should Know: - KēlaHealth
announced their Series A round (combined seed and Series A) of $12.9M led by
Sante Ventures and new innovation VC, Intuitive Ventures. - KēlaHealth, is a surgical intelligence engine that
applies a dynamic cycle of patient-specific predictions, stratified
interventions, and outcomes tracking to reduce surgical complications - KēlaHealth is the first investment for Intuitive
Ventures, a new innovation fund spun out of Intuitive Surgical,
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