What You Should Know: - Virta Health, a San Francisco, CA-based company raises $133M led by , to scale its virtual metabolic clinic and approach to reversing chronic metabolic conditions (type 2 diabetes, prediabetes, and obesity) to the masses led by Tiger Global. - The Series E financing follows a recent $65 million raise in December of 2020, nearly doubling the company’s valuation in just 5 months to $2 billion. - Buoyed by delivering transformational outcomes in patient health and
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Type 2 Diabetes - Chronic Disease Management | News, Analysis, Insights - HIT Consultant
Blue Shield of CA Expands into Digital Health with Wellvolution Expansion
What You Should Know: - Blue Shield of California is enhancing its popular Wellvolution program by adding two new services that provide personalized care and nutrition support for members living with or at risk for Type 2 diabetes. - Wellvolution is a digitally based lifestyle medicine and health platform that can be personalized to each member’s individual health needs and preferences. The platform, including these expanded programs, is available to plan members at no additional cost. The
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Data-Driven Future: Impact of Machine Learning on Diabetes Management
“Information technology and business are becoming inextricably interwoven. I don't think anybody can talk meaningfully about one without the talking about the other” – Bill Gates wrote this in 1999 and, nowadays, the same can certainly be said about information technology and healthcare. The ability to collect, analyze, and use data is becoming ubiquitous with many of healthcare’s most exciting advancements. Whether it’s Google’s DeepMind using artificial intelligence (AI) to help
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Verily’s Onduo Virtual Care Solution Expands to Multi-Condition Platform
What You Should Know: - Verily's Onduo, known for its tech-based solution for virtual diabetes management, is launching a new multi-condition platform that matches the right care to the right consumer at the right time. The expanded virtual care platform is designed to support patients managing type 2 diabetes and hypertension, with plans for further expansion into mental and behavioral health.- In addition, Onduo has introduced multi-language support to make the virtual
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DarioHealth Acquires Musculoskeletal Solution Upright for $31M
What You Should Know: - DarioHealth, a Livongo competitor acquires musculoskeletal startup Upright for $31 million to expand their chronic condition management capabilities focused on driving behavior change rather than treating the acute problem. This move will more than double revenue and create one of the largest integrated digital health companies in the space. In addition, DarioHealth rasiess $70 million through a private placement of its common stock priced at the market pursuant to
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Teladoc Health, Dexcom Offers CGM-Powered Insights to People with Type 2 Diabetes
What You Should Know: - Teladoc Health and Dexcom announced an expanded
partnership on a new offering measures the impact of continuous glucose
monitoring and real-time health recommendations for people with Type 2 diabetes
at no cost. Teladoc Health, Inc., the first and only comprehensive virtual care system, and DexCom, Inc., the leader in real-time continuous glucose monitoring (CGM), today announced that joint Livongo for Diabetes and Dexcom members will now
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Virta Health Reaches Unicorn Status After Raising $65M to Reverse Type 2 Diabetes
What You Should Know: - Virta just
closed a $65 Series D round, to scale its virtual clinic and approach to
reversing chronic metabolic conditions (T2D, prediabetes, and obesity) to the
masses. - The financing, led by Sequoia Capital Global Equities,
also hurdles Virta well into unicorn territory ($1.1B+ valuation), recognizing
pre-pandemic growth that has accelerated during the COVID era. Virta Health, a
San Francisco, CA-based company delivering the first
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Intermountain Adds Omada’s Diabetes Prevention Program to At-Risk Patients
What You Should Know: - Omada’s diabetes prevention program will be available
to Intermountain’s at-risk patient population as part of a limited engagement
in 2020 and 2021. - Omada’s diabetes prevention program is personalized to
meet each participant’s unique needs as they evolve, ranging from diabetes
prevention, type 2 diabetes management, hypertension, behavioral health, and
musculoskeletal issues. Deepening a collaboration that began in 2016, Omada
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Blue Cross NC Launches No-Cost Virtual Programs to Quit Smoking and Reverse Diabetes
What You Should Know: - Today, Blue Cross and Blue Shield of North Carolina partners
with Carrot Inc. and Virta Health to help address two of the largest ongoing
health issues facing Americans today - smoking and type 2 diabetes. - Virta and Carrot’s programs will be available to
individual under-65 members and fully insured group members beginning November
2020. Blue Cross and Blue Shield of North Carolina (Blue Cross NC), today announced it is teaming up with Carrot Inc. and Virta
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Virta Adds Prediabetes and Obesity Reversal to Services
What You Should Know: - Virta is expanding its suite of treatment options to
include prediabetes reversal, obesity reversal, and type 2 diabetes management. - By making this crucial expansion, Virta can scale its
treatment to support the tens of millions of additional patients with
prediabetes and obesity, as provide an on-ramp to reversal for those with T2D
that aren’t yet ready to reverse. Virta Health, the
leader in type 2 diabetes reversal, today introduced the addition
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