funds

Cedars-Sinai Accelerator selects 8 new health tech startups

The seventh accelerator class includes startups with a range of offerings, from accessible fitness for aging patients to skeletal reconstruction. Each of the eight companies will receive $100,000 and access to clinicians, researchers and administrators to develop their products and grow their businesses.

Providers win deadline extension for use of CARES funds, but it may cause some confusion

The HHS has extended some of the deadlines for using provider relief funds and reporting on that use. Though the move is mostly positive for providers — who were clamoring for this extension — there may be some additional work required to prevent confusion.

Kaiser Permanente, Mayo Clinic invest $100M in hospital-at-home company

The health systems are sinking a combined $100 million into Medically Home Group, which enables clinicians to provide hospital-level care in patients’ homes. The funds are intended to scale the company’s operations and expand access to its care delivery model.

Privia Health launches IPO, aims to raise up to $370M

The physician practice management company launched its IPO through which it plans to sell 19.5 million shares of common stock, priced between $17 and $19 per share. It will use the proceeds for general corporate purposes, like research and development, and to acquire complementary businesses or technologies.

Insurtech startup Sidecar Health’s valuation hits $1B  

The new startup unicorn’s insurance product enables members to shop for medical services and pay directly for care. The company raised $125 million in a recent funding round, boosting its valuation, which it will use to increase its footprint and launch new products.