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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Virtual Healthcare | News, Analysis, Insights - HIT Consultant
OpenLoop Raises $8M to Expand Full Stack, White Label Telehealth Services
What You Should Know:
OpenLoop, a health tech startup delivering full-stack clinical support to companies launching and scaling virtual care services across the nation raises a Series A funding round of $8M led by SpringTide Ventures.
- OpenLoop, known for the quality, flexibility and breadth of services they offer to clients who are often early in their telehealth delivery journeys, will use this fresh capital to continue to expand their technology-enabled infrastructure. They will be
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LG and Amwell Partner Co-Develop Digital Health Service Solutions
What You Should Know:
- LG announced its partnership to Amwell to expand the boundaries of virtual care. By combining LG's broad innovation portfolio with Amwell's deep digital health care experience, the two companies plan to jointly develop new device-based service solutions designed to make it easier for patients to access care, whether in a hospital or at home.
- This new alliance represents a key part of LG's strategic vision for creating new products and services for the next
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Bamboo Health & Bicycle Health Partner to Enhance Telehealth Opioid Use Disorder Treatment
What You Should Know:
- Bamboo Health today announced an expanded partnership with Bicycle Health to enhance care collaboration for treating opioid use disorder (OUD) treatment, ahead of their upcoming participation at ViVE and HIMSS.
- Bicycle Health will leverage the company’s Pings™ and Spotlights™ solutions for real-time insights into the emergency department (ED) and acute inpatient care utilization for improved outcomes, as well as to understand the impact of
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Teladoc Health and Amazon Team Up to Launch Teladoc on Alexa
What You Should Know:
- Whole-person virtual care provider Teladoc Health, today announced a first of its kind experience with Amazon Alexa with the launch of voice-activated general medical virtual care on supported Echo devices.
- Customers in the U.S. will now be able to connect with a Teladoc care provider 24/7 from supported Echo devices for general medical needs.
First of its Kind Alexa Experience Provides Hands-Free Access at Home to General Medical Care
To get started,
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Current Health and Zoom Partner to Enable Equitable Care in the Home
What You Should Know:
- Current Health – a care-at-home technology platform that was recently acquired by Best Buy – announced a new integration with Zoom, which will allow patients to more easily connect with their care teams, regardless of bandwidth connectivity or language barriers.
- As part of the partnership, Zoom will provide Current Health customers with enhanced video communications platform capabilities that expand their ability to deliver safe and effective virtual care
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Omada Health Raises $192M to Expand Digital Therapeutics for Chronic Disease
What You Should Know:
- Omada Health, a chronic care integrated healthcare provider, today announced its $192M in Series E funding round led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others.
- Omada Health will utilize the funding to accelerate hiring at all levels to meet growing customer demands, a technological roadmap for care and coaching personalization to
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Story Health Secures $22.6M for AI-Driven Virtual Specialty Care Platform Across Cardiology
What You Should Know:
- Story Health, a health technology and services company that extends specialty care into patient’s homes raises $22.6M in Series A funding co-led by Northpond Ventures and B Capital Group. The round also included participation from new investor LRVHealth and existing investors Define Ventures and General Catalyst, bringing the company’s total funding to approximately $27M.
- The Story Health platform empowers specialists through intelligent embedded clinical software
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TytoCare, Alice Partner to Expand Telehealth Offerings in Brazil
What You Should Know:
- Today, TytoCare has partnered with Alice, Brazil’s first primary care-driven health insurance plan, to expand Alice’s telehealth offerings with at-home medical examinations.
- The partnership will mark the first implementation of TytoCare in Brazil. Through the partnership, Alice is offering its members the TytoCare device, enabling seamless digital diagnostics for its members while enabling physicians to
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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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