StartUPDATES: New developments from healthcare startups
Check out new developments from Carrum Health, Equiva, imaware, Elo, Paige, Gozio Health and WELL Health.
Health Services
Patients will bear the steepest consequences of proposed cuts to home health
In the current market where inflation and the costs of healthcare continue to rise, there’s […]
Optimizing data mining from EHRs to improve the patient experience [Sponsored]
In a recent webinar, Carta Healthcare CEO Matt Hollingsworth shared how his health tech business is using AI for data mining in healthcare to transform the patient experience.
The role of mindfulness in healthcare from behavioral health to physical therapy [Sponsored]
Clinicians used to wonder if there was a role for mindfulness meditation in healthcare. But after the Covid-19 pandemic laid bare the overwhelming need for practical solutions in behavioral health, the question has shifted to what role it can play.
How payers are using predictive analytics and virtual care to improve care delivery [Sponsored]
As part of its Envision U.S. Healthcare Summit, Microsoft conducted interviews with executives at Aetna CVS Health and Humana to highlight some of the ways these companies are adapting to consumerization of healthcare.
Digital transformation: Reimagining clinical trial management [Sponsored]
Decentralized clinical trial approaches helped the pharma industry navigate through Covid-19. Now it is becoming increasingly clear that there’s a need for a hybrid approach to decentralized clinical trials that considers the perspectives of patients and the impact to clinical trial sites.
Who won INVEST PharmaTech Pitch Perfect contest?
At the INVEST PhamaTech conference last month, five startups shared their vision for how they are seeking to reinvent clinical trials as part of the Pitch Perfect contest.
Study: Seniors prefer in-home care, but most are unaware of options available
Of those aged 50 years or older, 70% would prefer in-home care, a new survey by Cross Country Workforce Solutions Group found. But while 66% of respondents said they have thought about their future healthcare needs, only 9% said they are actively looking into it and 34% said they haven’t thought about it at all.
MedCity Pivot podcast: Using virtual-first care to improve the patient and clinician experience [Sponsored]
The Covid-19 pandemic has propelled virtual healthcare into our daily lives, although the quality of that experience varies. But one emerging trend from the scaling of telehealth is virtual-first care, as Wheel CEO and founder Michelle Davey explained.
Cancer care poses challenges for employers; Transcarent shares vision for how it can help [Sponsored]
As they seek to support their staff, self-insured employers are turning to innovative programs to balance evidence based programs with the need to manage healthcare costs.
How proactively addressing social determinants of health (SDOH) can drive better outcomes, lower healthcare costs
With proactive outreach by highly trained community health navigators guided by data and leveraging easy-to-use technology, we could get ahead of an individual’s needs, design and execute a care plan, and – hopefully – keep them out of the hospital.
StartUPDATES: New developments from healthcare startups
Check out news from Equiva, Vida Health, Canaery, and DocPanel.
Healthcare hires of note
Read about executive hires across healthcare and life sciences.
Metaverse in healthcare
Dr. Mona Flores, Global Head of Medical AI at Nvidia, will deliver the keynote talk kicking off the MedCity INVEST Digital Health conference, scheduled for Wednesday, September 28, in Dallas and presented in collaboration with Health Wildcatters. Register today.
Nomad Health raises $105M to support push into new staffing markets
The company is making its online staffing platform available to people seeking jobs as physical therapists, surgical techs and other allied health professions.
What’s the future of virtual-first care? [Sponsored]
The Future of Virtual-First Care eBook, sponsored by Wheel, explores some of the challenges and trends in virtual-first care. It also offers clues as to how healthcare stakeholders envision the future of virtual health.
Which clinical trial innovation startups will present at INVEST PharmaTech Pitch Perfect?
The Pitch Perfect contest at MedCity INVEST PharmaTech, the free virtual conference scheduled for July 26, will spotlight five startups seeking to improve clinical trials.
How health tech can improve the patient and provider experience [Sponsored]
Leaders in healthcare draw attention to the myriad ways cloud computing technology is transforming healthcare.
MedShift CEO shares vision for growth [Sponsored]
A veteran of GE Healthcare, Joe Gasque talks about how he’s growing the company’s niche position in the high-paced aesthetics industry, offering services to surgeons, practitioners, medical device and injectables manufacturers.
Creating better alignment between digital and pharma sectors
At the MedCity INVEST PharmaTech virtual conference July 26, strategies and alignment between digital and pharma companies will be a major theme of the conference. Register now to join the conversation.
Does your tobacco cessation program offer coaching? It should, and here’s why.
Quitting isn’t easy. Finding a caring and kind-hearted coach to guide a person’s quit journey forms a genuine bond that only strengthens over time as trust develops.
BrightInsight launches new digital disease management solution for biopharma and medtech [Sponsored]
BrightInsight developed the Disease Management Solution to help biopharma and medtech companies bring their Software as a Medical Device (SaMD) to market faster, according to BrightInsight CEO and Co-founder Dr. Kal Patel.
Improving the financial experience in healthcare
At the INVEST Digital Health conference, scheduled for Wednesday, September 28, in Dallas and presented in collaboration with Health Wildcatters, healthcare experts will address a wide range of topics in the context of how employers are addressing healthcare needs of their workforce.
StartUPDATES: New developments from healthcare startups
Check out news from Memory Health, Equiva, KAID Health, Tegria, and Japa Health.
What has Covid-19 taught us about virtual clinical trials?
At the upcoming INVEST PharmaTech virtual conference scheduled for July 26, the conversations will span myriad topics at the intersection of digital health and drug development. Register today.
Helping employers navigate healthcare in a post-pandemic world at INVEST Digital Health
MedCity INVEST Digital Health will be held in collaboration with Health Wildcatters in Dallas, Texas on September 28. Want to speak on a panel or pitch how your startup is addressing employee benefits and supporting employers and employees? Apply today.
Whats’s the future of digital medicines? Find out at INVEST PharmaTech.
Digital medicines, which span chronic conditions, mental health issues such as depression, anxiety, and addiction, is just one of the topics that will be offered at MedCity INVEST PharmaTech, a virtual conference scheduled for July 26. Learn how to take part or register today.
Surescripts webinar highlights: Interoperability progress depends on how you look at it [Sponsored]
Register to view a webinar, sponsored by Surescripts, highlighting progress made on interoperability and what’s needed to improve and expand it.
Teladoc Health CEO highlights evolution of telemedicine [Sponsored]
In an interview, Teladoc Health CEO Jason Gorevic talked about its services for primary care, chronic conditions, mental health, and how it works with hospitals and health systems.
Are you a startup seeking to transform clinical trials? Here’s why you should apply to pitch at INVEST PharmaTech.
INVEST PharmaTech Pitch Perfect virtual conference July 26 will give startups the opportunity to present their approaches to clinical trial innovation to a team of investor judges. Apply today!
Healthcare hires of note
Here’s a selection of recent executive hires across healthcare and life sciences.
Supercharged IT, superclouds, and superpowered healthcare – what they can deliver
Cloud resources are now incredibly varied and accessible, with a large ecosystem of industry-specific cloud-based managed services specializing in these complexities. Which means the average healthcare organization can, indeed, afford to tap into supercloud power — they just get it as a service.
Startup focused on fertility planning raises $2.8M in seed funding
San Francisco-based Frame Fertility has developed a platform geared toward helping people get a headstart on issues that could impact their ability to have children instead of waiting until problems crop up.
Startup that equips medical and dental practices to provide OR-level care raises $9M
OFFOR Health brings mobile anesthesiologists and on-site clinical services to medical and dental practices such that certain procedures that needed to be done inside an operating room at the hospital can now be done in a doctor’s clinic. This leads to lower wait times for patients and reduced overall costs.
StartUPDATES: New developments from healthcare startups
Check out news from Equiva, Healthmine, 9am.health, Forge Health and more.
Thread, AWS partner on next-gen tech for clinical trials
The partners aim to make decentralized clinical trials more efficient and less expensive through greater use of AI and machine learning.
Newly launched Homeward aims to change the face of rural healthcare
Launched Monday with an initial investment of $20 million from General Catalyst, the startup is looking to bolstering access to high-quality, affordable primary and specialty care in rural areas.
CancerIQ raises $14M to grow its platform focused on early detection and prevention
The Series B financing round was co-led by Merck Global Health Innovation Fund and Amgen Ventures. The company’s Black female co-founders have prioritized overcoming systemic barriers to cancer prevention that have led to higher death rates for minorities.
Which pharmatech startups will present at MedCity INVEST’s Pitch Perfect contest?
Five companies will present to a group of investor judges. They will be evaluated on criteria such as business idea, market opportunity, and revenue model.
StartUPDATES: New developments from healthcare startups
Check out news from Equiva, Minded, Rightway and more.
New unicorn on the block: Somatus hauls in $325M+ to grow its value-based kidney care model
The funding round was led by Wellington Management. The company sees its approach as a break from the industry’s “disproportionate” focus on dialysis, which is used to treat people with kidney failure.
Three factors that are key to improving health equity at MedCity INVEST
Penn Medicine CEO Kevin Mahoney will be part of a panel discussion on health equity at the MedCity INVEST conference March 28-30 at the Ritz Carlton hotel in Chicago. Register today!
HerMD raises $10M to expand women’s sexual health, menopause services
The company currently operates two centers, one in Cincinnati and the other in Crescent Springs, Kentucky. The Series A funding round led by JAZZ Venture Partners will allow the company to open new locations as well as offering virtual care.
Halting the mental health crisis: Be part of the conversation at MedCity INVEST
Behavioral health will be a focus of discussion at the MedCity INVEST conference coming up March 28-30 at the Ritz Carlton hotel in Chicago. Register now for compelling content, networking opportunities and startup pitches across pharma tech, medtech, diagnostics, and digital health.
Are healthcare investors spending too much too fast? Find out at MedCity INVEST March 28-30.
Register for MedCity INVEST at the Ritz Carlton in Chicago and be part of the conversation on healthcare investment trends. Attendees will also be able to take part in networking opportunities and hear health tech, medtech and pharma tech startups pitch to investors.
2022 buzz: 4 healthcare terms you will be hearing more this year
For years, healthcare’s forward thinkers have been predicting that aligned incentives across payers, providers, and patients will drive more value in the healthcare system – in 2022 we will see true progress towards the goal of achieving the quadruple aim.
Jasper Health raises $25M to expand its cancer care navigation platform
The series A funding round was led by General Catalyst, with Human Capital, W Health Ventures, Redesign Health and 7wireVentures also contributing. The latest fundraising effort brings Jasper’s total funding to approximately $31 million.
Two firms team up to facilitate at-home screenings to prevent blindness
MedArrive providers will use Spect’s artificial intelligence-enabled telemedicine platform to screen patients at home for eye diseases such as diabetic retinopathy, glaucoma and age-related macular degeneration.
Who is speaking at HLTH and CHIME’s newest conference ViVE? [Sponsored]
The ViVE conference, scheduled for March 6-9 in Miami Beach, has announced a roster of speakers that will share valuable insights on healthcare garnered from leadership roles across big tech, retail health, health systems, payers and more.
Diagnostic startups: Time is running out to apply to INVEST Pitch Perfect
The point of care diagnostics and testing market has climbed dramatically with the rise of the Covid-19 public health crisis. We’re seeking applications for diagnostics startups who would like to take part in INVEST Pitch Perfect Diagnostics 2.0 track at the conference, scheduled to take place March 28-30 in Chicago.
Providers need to make employee well-being a top priority [Sponsored]
Managing the healthcare workforce can be a challenge for providers, particularly in the current environment. There has never been a greater need for a holistic approach to workforce management. DXC Technology offers solutions to a wide range of increasing healthcare industry business needs.
Investor insights: Blake Wu of NEA
In the runup to MedCity INVEST in Chicago, we’re spotlighting the perspectives of investors and what motivates them to invest in startups. If you’re a startup in pharma tech, value-based care and care coordination, diagnostics or remote patient monitoring/smart devices, apply to our Pitch Perfect contest today.
Time is running out to apply to pitch your healthcare startup at MedCity INVEST
The deadline to apply to the MedCity INVEST Pitch Perfect contest in Chicago, scheduled for March 28-30 at the Ritz Carlton, is January 31.
BrightInsight CEO Kal Patel M.D. discusses the future of regulated digital health for biopharma and medtech [Sponsored]
In order to benefit from the Virtual1Care trend, pharma and medtech companies must ensure that their digital health tools, wrapped around a drug or device, comply with evolving regulations.
What will digital health M&A look like in 2022?
After a busy year for digital health, four experts shared their predictions on which sectors will see the most M&A, and which companies are likely to get together in the future.
StartUPDATES: New developments for healthcare startups
Read about news from DermBiont, Janus Health, Embold Health, digital health draft guidance from the FDA, and more.
Which cloud is the best match for your healthcare transformation priorities? [Sponsored]
A report breaks down the merits and disadvantages of different types of cloud vendors to help healthcare organizations advance their healthcare digital transformation goals.
Investor insights: Ling Wong of Sea Lane Ventures and Lightspeed Venture Partners
What draws investors to healthcare startups? In this series in the runup to MedCity INVEST in Chicago, we’ll highlight these perspectives. If you’re a startup in pharma tech, value-based care and care coordination, diagnostics or remote patient monitoring/smart devices, apply to our Pitch Perfect contest today.
StartUPDATES: New developments for healthcare startups
Check out new developments from Seven Bridges Genomics, Carrum Health, Healthmine, and more.
Medical device companies should consider embracing connected care platforms [Sponsored]
A recent webinar hosted by MedCity News and sponsored by BioT shared insights on some of the ingredients to successful creation and execution of remote patient monitoring solutions supported by a cloud-based connected care platform with speakers from BioT and Abbott.
Transforming healthcare in the cloud [Sponsored]
A look at how healthcare organizations are collaborating with Microsoft to enhance patient engagement, accelerate healthcare innovation, improve clinical and operational insights, and more.
Preparing for Omicron: streamlining care with digital scheduling tools
The recent discovery of the Omicron variant has placed the world on high alert. As COVID-19 continues to transform and evolve, erupting as “new” pandemics within the existing pandemic, it is becoming clear that digitally-enabled clinical care and access to that care are some of the world’s tools to mitigate its spread. Should infection rates …
Preparing for Omicron: streamlining care with digital scheduling tools Read More »
Voice assistant startup Suki raises $55M
The company is working on a voice assistant to lighten clinicians’ documentation burdens by automating some of that work. It faces competition from large companies like Nuance, which was acquired by Microsoft earlier this year.
Ginger CEO: ‘It felt like the right time’ for Headspace merger
At CB Insights’ Future of Health Conference, Ginger CEO Russell Glass talked about how the company merged with Headspace to form a $3 billion mental health company and how to scale up a mental health business.
Softbank backs mental health app Cerebral, giving it $4.8B valuation
The company recently raised a $300 million funding round led by Softbank’s second vision fund. It’s one of several digital health startups looking to address access to mental healthcare.
FDA clears digital therapeutic for abdominal pain from IBS
MetaMe received FDA clearance for its first digital therapeutic on Tuesday. It uses behavioral therapy to help alleviate abdominal pain symptoms for patients with irritable bowel syndrome.
The prestigious alumni of MedCity INVEST Pitch Perfect contest for healthcare startups
The application window is open for the startup contest Pitch Perfect at INVEST March 28-30 at the Ritz Carlton in Chicago. Here’s a look at some of the participants in the contest and progressed they’ve made on their mission to improve healthcare.
100Plus webinar recap: How physician practices can implement an RPM program and succeed [Sponsored]
In a recent webinar sponsored by 100Plus, the healthcare company provided a roadmap on how their RPM program works, including device deployment, collaboration with clinicians, implementation and reimbursement.
Pear’s digital therapeutic for alcohol use disorder gets breakthrough designation
The company got a breakthrough device designation for its app-based program for alcohol use disorder, reset-A. Pear currently has FDA-cleared digital therapeutics to address opioid use and substance use disorders.
In competitive market for MSK, Sword valued at $2B
Sword Health, one of several companies looking to take a digital approach to musculoskeletal care, recently closed an oversubscribed $163 million series D round, giving it a $2 billion valuation.
Walgreens bets all its chips on a new healthcare strategy. Will patients buy in?
The company launched a new health division, and has doubled down on its plans to open primary care clinics with VillageMD. It faces big competitors in CVS and Walmart, and it’ll take time to see if its new strategy pays off.
Study: Prompt access to mental healthcare reduces longer-term care costs
An analysis by Evernorth found that access to outpatient mental healthcare can reduce an individual patient’s cost of care by $1,000 to $3,000 over two years.
StartUPDATES: New developments from healthcare startups
Check out news from Stellar Health, Pathology Watch, Prenosis and more.
FDA clears first VR-based tool for for lower-back pain
The Food and Drug Administration granted the company de novo clearance for its VR programs to help reduce chronic lower back pain. AppliedVR’s eight-week program is based on cognitive behavioral therapy.
Who won INVEST Pop Health Pitch Perfect?
Six healthcare startups took center stage at the conference and presented their approaches to addressing pain points in chronic condition management and population health.
H1 scores $100M to build out clinician network
The company, which pulls together information on clinicians and researchers, recently closed a funding round led by Altimeter Capital. It plans to use the funds to build out more features and grow its network.
A preview of MedCity INVEST 2022: A return to in-person conferences
INVEST, scheduled for March 28-30, 2022 in Chicago, marks a return to in-person events for MedCity News. The conference, held in partnership with Mid-America Healthcare Investors Network, will spotlight healthcare innovation, investment trends, and share insights from healthcare executives.
How to improve health equity? Start by bringing care beyond the clinic
The pandemic has revealed many health inequities across society. A panel of speakers at MedCity News’ INVEST Pop Health conference discussed the various ways that they are working to reduce inequities and improve outcomes.
Talkspace leaders depart as company’s growth falls short of expectations
The company’s co-founders are leaving the company as it struggles with retention and billing, with revenue coming short of expectations for the quarter. In the interim, Chairman Doug Braunstein will lead the company.
To innovate in population health, start with the basics
To succeed in population health, companies must first consider the basics, such as wrangling patient data and making sure it matches up. Panelists at INVEST Pop Health spoke about the challenges of taking this information and translating it into meaningful health outcomes.
Register for INVEST Pop Health to learn about the role of data and analytics in population health
Industry executives will share their insights at the INVEST Pop Health virtual conference, held in collaboration with New Orleans Business Alliance, scheduled for November 15-16. Register today.
Oak Street Health stock drops on DOJ investigation
In its earnings statement, the company disclosed that it received a civil investigative demand from the Department of Justice. Specifically, the agency was looking for information on Oak Street’s relationships with third-party marketing agents and transportation services.
From genetic testing to public health, Color now valued at $4.6B
The company started with genetic testing, but expanded to Covid-19 tests and vaccines during the pandemic. It’s valuation has tripled since it last raised a funding round valuing it at $1.5 billion in January.
Imagine a world without disease [Sponsored]
The team behind the World Without Disease Accelerator, part of Janssen Research & Development, one of the Janssen Pharmaceutical companies of Johnson & Johnson, is embracing an ambitious paradigm focused on disease prevention, interception and cure.
Notable raises $100M to automate administrative tasks
The workflow automation startup has struck partnerships with large health systems, including Intermountain Healthcare and CommonSpirit Health.
Valera raises $15M for high-acuity mental healthcare
Valera Health provides teletherapy services for mental health, ranging from mild to serious conditions. The company recently raised $15 million in funding led by Windham Venture Partners.
StartUPDATES: New developments from healthcare startups
Check out news from Vivalink, HealthMine, Vitable Health and more.
Senior care startup Papa valued at $1.4B
The startup matches seniors with companions to help with non-medical tasks. It currently has partnerships with more than 65 health plans.
Kaia adds in-person physical therapy through partnership
The digital health company recently struck a partnership with Luna On-Demand Physical Therapy to offer in-person physical therapy services, in addition to its virtual programs for musculoskeletal care. Users in markets where Luna is available can schedule an in-home visit with the same physical therapists over time.
Teladoc plans to fend off competitors by building a full suite of products
As more companies spin up their own telehealth products, Teladoc CEO Jason Gorevic said the company continues to acquire and retain customers by having a full suite of solutions. He expects that point solutions will have a harder time going forward.
New CMS incentives look to close equity gap in home dialysis, kidney transplants
The agency issued a final rule on Friday that would update payment rates for dialysis. It includes a payment model that would incentivize healthcare providers to decrease disparities for in-home dialysis rates and transplant rates among low-income patients.
Hinge Health raises $600M, plans all-out MSK effort
The startup walks people through exercises at home, and connects them to health coaches and physical therapists. It’s now valued at $6.2 billion.
Hello Heart study shows potential for digital tools to help manage blood pressure
A large study published in JAMA Network Open found that people with stage II hypertension were able to reduce their systolic blood pressure and maintain it over three years using Hello Heart’s app.
Bayer, One Drop release digital health program for heart disease
The app lets people track their metrics through connected devices, and access health coaching and educational materials. It’s one of multiple that Bayer and One Drop plan to develop together in the future.
23andMe to buy online pharmacy Lemonaid for $400M
The company plans to pair its direct-to-consumer genetic testing with Lemonaid’s online coaching and prescription delivery. It plans to buy the company for $400 million in stock and cash.
StartUPDATES: New developments for healthcare startups
Read about news from Seven Bridges, HealthMine, Redi.Health, Xealth, and more.
Oak Street plans to add virtual specialty care with $130M acquisition of RubiconMD
Oak Street Health plans to integrate virtual specialty care into its primary care centers for Medicare patients. It struck a deal to acquire RubiconMD for $130 million in cash, with another $60 million in milestone payments.
Improve patients’ outcomes with AI-powered remote monitoring devices and increase revenue for your practice [Sponsored]
A webinar from MedCity News sponsored by 100Plus scheduled for November 9 at 12pm ET will explore remote patient monitoring to achieve greater patient adherence and clinically meaningful outcomes for conditions such as hypertension, obesity, and diabetes.
Bardavon Health raises $90M, looks to expand MSK solution beyond workers’ compensation
The Kansas-based company has built up a network of physical therapists and a technology platform for workers’ compensation. Now, with $90 million in new funding, it plans to expand into new services for musculoskeletal care.
Engage at HLTH: As patient engagement solutions abound, here’s what investors are looking for
Investors noted the challenges of changing patient behaviors using digital solutions at the engagement track at HLTH, hosted by MedCity News. They also shared what health systems and insurers are looking for in a potential partner.
After Grand Rounds and Doctor on Demand merged — what’s next?
The combined company, now called Included Health, is selling employers on its integrated virtual care and patient navigation services. Grand Rounds President Robin Glass shared more about what the company has planned next and how it’s setting itself apart from other digital health platforms.
The Post-COVID-19 Patient Journey: What’s next for healthcare?
COVID-19 transformed the patient journey, and it’s clear when we evaluate every step. Data and technology gave patients the convenience, flexibility, and control to get care on their terms, and these changes will be here to stay. From marketing to scheduling to payments and more – providers and payers have ample opportunities to respond to …
The Post-COVID-19 Patient Journey: What’s next for healthcare? Read More »
Who is Generation C and how will healthcare adapt to meet their expectations?
The term “Gen C” was first introduced circa 2012 by futurist Brian Solis as a way of describing a generation of connected consumers defined not by their age, geography, or income but by their hyper-connected, mobile-first mentality.
How Marley Medical plans to set itself apart from other virtual primary care companies
Propeller Health leaders Chris Hogg, David Hubanks and Joe Slavinsky started a new virtual primary care company called Marley Medical. They plan to set it apart from the rest with a care team composed primarily of clinicians and a different go-to-market approach.
Walgreens doubles down on VillageMD investment, plans broader health strategy
Walgreens plans to invest a total of $5.2 billion in VillageMD, up from its original plans to buy a $1 billion stake in the primary care company. It’s part of a broader consumer health strategy Walgreens plans to use to grow its business in the future.
Sprinter raises $33M for ‘last-mile healthcare delivery’
The Menlo Park-based company is building a service for quick at-home health services, such as lab draws and Covid-19 testing. The company is looking to build the “DoorDash for lab draws,” raising $33 million from backers.
Oshi Health targets costly GI conditions with virtual care, raises $23M
Oshi Health raised $23 million in funding, with CVS Health and Takeda joining as strategic investors. The company has built a digital health platform to help people manage GI conditions, such as Crohn’s disease and IBS.
Be part of the conversation at INVEST Pop Health virtual conference and register now
One of the panel discussions at the conference, scheduled for November 15-16, will focus on data and analytics in the context of population health.
SSM Health, Optum to enhance inpatient, RCM & digital services in new 10-year collaboration
The St. Louis-based health system is collaborating with the UnitedHealth subsidiary to implement technology and processes that focus on improving care quality and reducing costs. Thousands of SSM Health employees will transition to Optum as part of the deal.
What’s on the agenda for ENGAGE at HLTH?
MedCity News has collaborated with HLTH to present a patient engagement track as part of the HLTH conference from October 17-20, fittingly called ENGAGE at HLTH. Check out the panel discussions for this exciting track.
Twin Health raises $140M to manage diabetes, other chronic conditions
The startup, which says it uses “digital twins” to help people manage their diabetes, recently raised a series C round led by ICONIQ Growth. It uses data from connected devices, blood tests and consultations to come up with personalized recommendations.
What’s on the agenda for INVEST Pop Health Virtual on November 15-16?
MedCity News is once again partnering with the New Orleans Business Alliance to host the executive summit INVEST Pop Health Virtual.
MedCity Spotlight Video: Fredrikson & Byron attorneys discuss Covid-19’s impact on deal-making and value-based care [Sponsored]
In a Spotlight Video interview, Fredrikson & Byron Shareholders and Co-chairs of the firm’s life sciences group, Jeff Steinle and Ryan Johnson, talked about the deal-making environment in healthcare and how the Covid-19 pandemic has impacted it.
Improving health in one of the most complex and costly chronic conditions [Sponsored]
Kidney care in the U.S. needs an overhaul. Changing today’s expensive, disconnected care model requires moving from volume to value.
Addiction treatment startup Wayspring gets new name, $75M in funding
The Nashville-based startup offers services to help people navigate treatment for substance use disorder. It recently raised $75 million, with backers including value-based care investor Valtruis and multiple payers.
Navigating the life science and healthcare funding landscape [Sponsored]
Which capital funding options fit your healthcare or life science business?
Apply now to the INVEST Pop Health Pitch Perfect startup contest
If you’re a startup focused on population health, addressing social determinants of health, or helping people manage chronic diseases, you should apply by October 22.
Who won the INVEST Digital Health Pitch Perfect contest?
Judges proclaimed winners across three tracks of the digital health startup pitch contest including: Home health, chronic disease management and value-based care, and technology to support payer and provider efficiency.
In-home care positioned to play a key role in the consumerization of healthcare [Sponsored]
Eddie Peloke, CEO of Workpath, spoke to why in-home care can drive the next stage of this industry-wide movement
Choosing the best health cloud for your digital transformation priorities [Sponsored]
As healthcare organizations make progress on their way to the digital transformation of healthcare, choosing a health cloud vendor to support and enable that work should not be taken lightly.
Digital: Healthcare’s co-pilot in delivering consumer-oriented care [Sponsored]
With other industries digitizing their business processes and providing top-notch consumer experience, the healthcare industry is under pressure to improve its consumer experience.
Report: 1 in 5 U.S. counties are hospital deserts
In over 20% of U.S. counties, most people have to drive more than 30 minutes to reach the closest hospital, making them hospital desert areas, according to a recent report. Large swathes of the country are also pharmacy and trauma center deserts.
Investors see promise in digital health — the challenge is adoption
VCs at MedCity INVEST Digital Health said there’s no shortage of interesting digital health companies, even ones that can prove their innovations are effective. The challenge is winning over insurers and physicians, and finding payment models that work.
How Inheret drives early detection for genetic cancers with its guidelines-based tool
Inheret CEO and Founder Dr. David F. Keren talks about the origins of the cancer risk detection platform and his mission to identify hereditary diseases early.
The decision support toolbox to help healthcare providers manage care capacity [Sponsored]
A look at how SAP’s cloud services are helping healthcare providers respond to public health crisis.
Patient Self-Scheduling as a Competitive Advantage – Interview with the Expert
The rising popularity of virtual care seems to be extending itself into other areas of patient experience, including a re-energized consumer preference for digital self-scheduling. In fact, McKinsey & Company reports that telehealth visits and utilization are 38x higher than pre-COVID-19 levels (July 2021). Meanwhile, Experian Health’s State of Patient Access 2.0 survey, released in …
Patient Self-Scheduling as a Competitive Advantage – Interview with the Expert Read More »
MySugr founder launches new startup focused on diabetes care
Frank Westermann sold his previous startup, mySugr, to Roche four years ago. Now, he’s starting a new company with the goal of making healthcare providers and diabetes medications more accessible.
Behavioral health startup Spring Health valued at $2B
The company, which offers mental health solutions for employers and health plans, recently closed a $190 million series C round, that included both equity and debt. It also brought on Guardian Life as a strategic investor.
INVEST Digital Health Preview: How Has RPM Reimbursement Evolved and Where Does it Need to Go?
INVEST Digital Health is set for September 20-23. Held in a virtual format due to Covid-19, the healthcare conference brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.
With $100M in new funding, Tia CEO says the ‘tide has turned’ for investing in women’s health
Tia, a concierge clinic combining primary care and OBGYN services, recently raised $100 million in funding. Amid a surge of financing into women’s health startups, CEO Carolyn Witte said investors’ perspectives are changing.
IncludeHealth strikes partnership with Google, Ohio-based health system for virtual PT
Cincinnati-based IncludeHealth launched a virtual physical therapy program using pose-estimation models developed by Google. It plans to offer this software to healthcare providers, starting with its largest partner to date, ProMedica Health System.
How 24/7 self-scheduling can improve the post-pandemic patient experience
This is the second in a series of blog posts that will highlight how the patient journey has evolved since the onset of COVID-19. This series will take you through the changes that impacted every step of the patient journey and provide strategic recommendations to move forward. In this post, we explore how 24/7 self-scheduling can …
How 24/7 self-scheduling can improve the post-pandemic patient experience Read More »
Digital health companies debate: how much can we scale the human element in mental health?
Four digital health leaders debated the role of self care apps, coaches and therapists in mental health during a panel at “What’s Next in Health Care?” While some touted the broader reach of self-guided treatments, others noted it was critical to have a therapist available for patients who need it.
Report: Amazon gearing up for expansion of healthcare service
After piloting its primary care and urgent care service, Amazon Care, the tech giant started opening it to other companies in Washington. Now, Amazon is looking to expand the service to 20 other metros, according to Insider.
Should we do away with ACOs? The answer depends on who you ask
In a new study, researchers suggest ACOs are not helping CMS save substantial amounts of money as they were expected to do, so the model should be eliminated. But other experts in the industry disagree, taking issue with the study’s methods and conclusions.
Report: CityBlock now valued at $5.7B
According to STAT News, CityBlock raised a $400 million funding round led by SoftBank. It plans to put the capital toward its goal of serving 10 million members by 2030.
To make trials more inclusive, H1 wants to help find the right physicians
The company rolled out a tool to help pharmaceutical companies pull together information about clinical trial sites and identify the best physician investigators for a trial.
INVEST Digital Health Preview: Mapping the Digital Future of Pharma
INVEST Digital Health is set for September 20-23, and held in collaboration with Medical Alley. The healthcare conference, held in a virtual format due to Covid-19, brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.
Big Health tests if insomnia app can help with anxiety, depression
The company recently finished a study showing patients in the U.K. who used both Sleepio’s app and therapy saw improvements in anxiety and depression compared to people who used therapy alone. But the study also had several limitations.
Alma gets $50M to boost therapists’ practices
Alma, a startup building tools to help therapists grow their practices and take insurance, raised $50 million in funding. It’s drummed up more than 2,000 therapists on its membership-based platform.
INVEST Digital Health Pitch Perfect Preview: Home Health
Read more to find out which finalists will present in the Home Health track of the startup pitch contest during the virtual conference, scheduled for September 20-23.
Sesame adds online pharmacy to cash-pay marketplace
The startup, where patients access cash-pay telehealth and in-person visits, recently added prescription delivery through Truepill. It’s offering a list of generic medications for $5.
How COVID-19 changed the patient journey: A call for digital transformation
COVID-19 changed every aspect of the patient journey – placing unprecedented demands on the healthcare system and accelerating the need for digital transformation industry-wide. Telehealth, touchless engagement, and self-service scheduling became the new normal; however, this created new stress on operations, administration, and finance. While this new normal comes with many challenges, data and digital …
How COVID-19 changed the patient journey: A call for digital transformation Read More »
Mental health unicorns Headspace, Ginger merge into $3B company
The two companies will merge to form Headspace Health, which will combine Headspace’s many meditation and wellness exercises with Ginger’s coaching and therapy services. The combined company will have more than 800 employees and a $3 billion valuation.
Finding healthcare sales leads just got easier
The Knowledge Hub from MedCity News is designed to help you get targeted healthcare leads and scale your business, at no upfront cost to you.
Carbon Health buys two urgent care chains
The company is buying two urgent care chains in Tuscon, Arizona and Sacramento, California. It now has 83 clinics in 12 states, as it looks to go toe-to-toe with other primary care competitors.
INVEST Digital Health Preview: The State of Home Health
INVEST Digital Health is set for September 20-23, and held in collaboration with Medical Alley. It brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.
The State of Patient Access 2.0: 4 opportunities to strengthen the digital experience
“93% of providers say creating a better patient experience remains a top priority, up 3% from last year.” – Experian Health’s State of Patient Access, June 2021 Download now In November 2020, we surveyed patients and providers for their sentiments on how patient access changed because of the pandemic. During this time, patients welcomed the …
The State of Patient Access 2.0: 4 opportunities to strengthen the digital experience Read More »
Finding healthcare sales leads just got easier
MedCity News has launched the Knowledge Hub to help you get targeted healthcare leads and scale your business, at no upfront cost to you.
Why Elektra’s founders decided to tackle a ‘complex and poorly understood’ area of women’s health
Founders Alessandra Henderson and Jannine Versi set out to build a digital health platform for people who are going through menopause. The New York-based startup recently raised $3.75 million in funding.
Reports: 1 in 10 adults delayed care in spring amid trailing healthcare utilization levels
According to two new reports, hospital admissions were about 85% of what was expected based on historic patterns at the beginning of April, and in the same month, 11% of adults reported delaying care because of Covid, including 16% of Hispanic and 13% of Black adults.
Unite Us gets more social determinants data with Carrot Health acquisition
Unite Us, which uses technology to connect healthcare and social services, acquired Carrot Health, which combines large consumer and health datasets.
INVEST Digital Health preview: The Next Phase of Digital Health Investment
INVEST Digital Health is set for September 20-23, and held in collaboration with Medical Alley. It brings together innovative investors across the healthcare spectrum, prominent industry players and the most promising digital health startups.
StartUPDATES: New developments from healthcare startups
Read about new developments from HealthMine, Carrum Health, Encellin and more.
Vera Whole Health grabs Morgan Health’s interest — and a $50M investment
Morgan Health, JPMorgan Chase’s business unit, has made its first-ever investment in a company that provides a coordinated primary care model. Vera Whole Health operates a network of primary clinics across 10 states, supported by a technology platform.
Insurers back kidney care startup Cricket in $83.5M round
Cigna Ventures and Blue Shield of California contributed to a funding round for Cricket Health, a startup that provides services to help patients identify chronic kidney disease and get support in treatment. The investment was led by Valtruis, a firm that invests in value-based care companies.
Arizona, Colorado HIEs merge
CORHIO and Health Current, based in Colorado and Arizona respectively, have formed a new regional organization. Called Contexture, the organization aims to advance interoperability across state lines, while also driving growth and innovation.
INVEST Digital Health preview: What’s the recipe for a successful social determinants program?
SDoH is just one of the topics at the MedCity INVEST Digital Health conference, a virtual event scheduled for September 20-23, in collaboration with Medical Alley.
Boost vaccination rates with frictionless self-scheduling
It’s time to accelerate the pace of COVID-19 vaccinations. Healthcare experts are increasingly concerned about the rapid spread of the highly contagious delta variant, which now makes up over 83% of COVID-19 cases. This variant is estimated to be 60% more transmissible than previous strains, and while vaccination doesn’t eliminate the risk, it does reduce …
Boost vaccination rates with frictionless self-scheduling Read More »
Boost vaccination rates with frictionless self-scheduling
As the country strives to ramp up the pace of COVID-19 vaccinations, providers need to take new approaches to drive registration volume. Healthcare experts are increasingly concerned about the rapid spread of the highly contagious delta variant, which now makes up over 83% of COVID-19 cases. This variant is estimated to be 60% more transmissible …
Boost vaccination rates with frictionless self-scheduling Read More »
Report: Digital health tools maturing as research, funding grows
Consumers and benefits managers have a record number of digital health tools to choose from, according to a new report by the IQVIA Institute for Human Data Science.
Research institute green-lights $254M for 28 studies
The Patient-Centered Outcomes Research Institute has awarded the funds to studies that span a range of healthcare issues, including maternal care, suicide prevention and clinical effectiveness research in arenas like telemedicine and diabetes.
The inconvenient truth of convenience
In an on-demand world, it may seem that convenience and speed are the only way to keep patients satisfied. But often competence is sacrificed at the altar of convenience.
What insurers’ premium rate filings can tell us about predicted health utilization in 2022
An examination of health insurers’ premium rate filings for 2022 shows that most are not factoring in additional costs or savings, which indicates that they expect health utilization to reach pre-pandemic levels.
Study: Medical debt outstrips other types of personal debt, reaching $140B
Though medical debt climbed high over the past decade, it appears that Medicaid expansion can help. States that expanded Medicaid saw average debt drop by 44% as opposed to a 10% reduction in non-expansion states.
How to position patient transportation as an organizational priority [Sponsored]
About 5.8 million Americans miss or delay their healthcare because they don’t have a ride. It’s time to turn patient transportation from an organizational burden to an asset.
Denver-based direct primary care startup files to go public
Everside Health Group, a Denver-based direct primary care startup, filed to go public. The company was formed out of a merger between three primary care groups, and primarily works with self-insured employers.
How a benefits navigation startup for LGBTQ employees won over big companies
Included Health, a benefits navigation startup for LGBTQ+ employees, recently landed two big clients, Walmart and State Farm. CEO Colin Quinn explained the company’s journey so far and why more benefits leaders are paying attention to LGBTQ+ employees’ health needs.
In another blow to workplace wellness programs, study finds no improvement in health outcomes, cost
A randomized, controlled trial of a workplace wellness program found that it made no significant difference in employees’ health outcomes or cost over three years. But employees did have better self-reported health behaviors, about on par with those who participated in the program for a shorter period of time.
Digital health companies smash another funding record, raising $14.7B this year
Digital health funding broke records again as companies raised a total of $14.7 billion in the first half of the year. Several companies also went public, but those that have gone public since 2020 have recently underperformed the NASDAQ.
Cano Health buys Doctor’s Medical Center for $300M
Senior-focused primary care provider Cano Health acquired Doctor’s Medical Center for $300 million, which adds around 54,000 new members and 18 medical centers to its roster. This is the second major acquisition for Cano Health in less than a month. The company bought University Health Care for $600 million in mid-June.
Oops: Hundreds of One Medical patients’ emails exposed
A mass email sent to hundreds of One Medical users exposed their email addresses. One Medical has stated it was not the result of a security breach.
Report: As ambulatory visits fell in California, kids saw steeper declines than adults
In late March 2020, ambulatory visit volumes fell by more than 50% compared to pre-pandemic levels in California, according to a report by the state’s largest nonprofit health information network. Declines in visits were greater among children and adolescents than adults, which is “concerning,” the CEO of the HIN said.
GV leads $72M investment in startup offering virtual behavioral healthcare for kids
Brightline focuses on providing virtual behavioral health solutions for kids. The startup plans to put the new funds to use by launching a coaching platform for families and to expand its services to more companies and health plans.
JMI Equity invests more than $120M in startup to help medical device companies navigate regulatory hurdles
Greenlight Guru, a startup building quality management software for medical device companies, raised $120 million in funding from growth investment firm JMI Equity.
Cano Health’s $600M acquisition will add 24,000 MA members to its roster
Cano Health, which provides primary care services for seniors, bought Miami-based University Health Care for $600 million. University Health Care serves approximately 24,000 Medicare Advantage members, which will bring Cano Health’s membership to around 143,000.
Professional services firm rolls out digital musculoskeletal care program
Employee benefits firm Aon is bundling together three digital health solutions as part of a broader musculoskeletal care offering. It’s partnering with Hinge Health, 98point6 and Employer Direct Healthcare.
Lyra valued at $4.6B, plans to build out international presence
Lyra plans to build out its mental health benefits for multinational companies through its existing partnership with ICAS. The company recently passed a $4.6 billion valuation.
Glen Tullman’s newest startup raises another $58M
Glen Tullman’s newest healthcare navigation startup, Transcarent, raised another $58 million in funding. The company plans to use the funds to quickly build out its offering for employers.
In-home kidney care startup Monogram raises $160M
Monogram Health, a Tennessee-based startup that offers in-home care services for patients with chronic kidney disease raised $160 million in funding. The startup plans to use the funds to fuel its expansion across the U.S.
LetsGetChecked passes $1B valuation, plans broader telehealth play
The at-home testing startup plans to launch a broader virtual care offering after raising $150 million in funding. It plans to roll out virtual visits and offer prescription medications, in addition to building out its array of tests.
One Medical expands into Medicare with $2.1B Iora purchase
Primary care startup One Medical is buying Iora Health for $2.1 billion. The deal will give One Medical a bigger geographic footprint, and crucially, a bigger presence among people covered by Medicare.
Doximity carves out a portion of IPO for physician users
Doximity, the “LinkedIn for physicians,” is preparing for an IPO. In an unusual move, it’s setting aside a portion of its shares for some of its users.
Castor wants to reduce the barrier to implement and deliver clinical trials
In response to emailed questions, Castor CEO Derk Arts talks about how he formed the clinical trial tech startup to improve the drug development process.
Expand your virtual care potential with deviceless remote patient monitoring [Sponsored]
Examine the 3 major challenges associated with device-based remote patient monitoring and learn how a deviceless strategy can overcome them.
Truepill becomes a ‘triple threat’ with diagnostics
Truepill, the company operating behind-the-scenes to help digital health companies with pharmacy fulfillment and telehealth visits, has added a third feature: at home testing. CEO Umar Afridi hopes the trio of services will create a seamless experience for most people’s basic health needs.
Flume looks to shake up health benefits in a fragmented ecosystem
As the world of healthcare benefits becomes increasingly fragmented, Cedric Kovacs-Johnson sees a need for benefits administration to keep up. His startup, Flume, recently made its debut with $10 million in funding.
ChristianaCare added a primary care practice to its cancer center. Here’s why.
When ChristianaCare’s Graham Cancer Center saw that a significant number of its patients did not have a primary care provider, they decided to take action. Now, any patient that doesn’t already have a PCP is connected to one onsite at the cancer center, expanding the care each patient receives.
Glen Tullman raises $150M for new digital health fund
7wireVentures, the venture capital firm that backed Livongo and other healthcare technology companies, raised $150 million for a new connected consumer fund. It’s already made two investments in patient navigation startups.
Building affirming spaces for LGBTQ youth saves lives, according to Trevor Project survey
Having access to affirming spaces and living with people who respected their pronouns made a big difference in LGBTQ kids’ mental health, according to a survey conducted by the Trevor Project. Youth living with people who respect their pronouns were half as likely to report attempting suicide than those who didn’t.
Digital health startups saw better-than-expected revenue during the pandemic
According to a survey conducted by Catalyst @ Health 2.0, a whopping 41% of digital health companies said their revenue was above expectations last year. Despite reporting longer sales cycles, most companies still were optimistic about their business prospects going into 2021.
MedCity Spotlight Video: Fruit Street Health on diabetes and telemedicine [Sponsored]
Although it has focused on diabetes management, Founder and CEO Laurence Girard says that the company is growing its telemedicine services to include virtual primary care support for other chronic conditions such as hypertension, mental health and smoking cessation that pair community and clinical components.
Maternity startup Oula strikes partnership with Mount Sinai West
Through the partnership, Oula’s patients will be able to deliver their babies at Mount Sinai West, while still working with their maternity care team at Oula.
INVEST Video Conference: Pitch Perfect Health Services
Startups in the health services field present their solutions to a panel of judges and investors.
Vida Health raises $110M for chronic condition management
General Atlantic led the $110 million funding round, with participation from insurers Centene and AXA Venture Partners. Vida plans to use the funds to build out its network of clinicians, therapists and coaches.
Filing discloses Anthem’s $50M investment in Sharecare
After acquiring startup Doc.AI, Sharecare is going public through a merger with a Mnuchin-backed special purpose acquisition company. In a recent filing, the company disclosed it had received $50 million in backing from Anthem.
Headway raises $70M to build network of mental health providers
Headway, a startup working to build a network of therapists covered by major insurers, raised $70 million in funding. The startup manages claims, credentialing and other administrative work for independent practices.
INVEST Video Conference: From mental health to whole health
Mental health is an area that needs to be better integrated into primary care. Learn the best strategies for doing so and the challenges that need to be overcome in this important discussion.
INVEST Pitch Perfect winner spotlight: Oshi builds digital approach for oft-overlooked GI conditions
As awareness grows around GI conditions, startup Oshi Health is building a platform to connect people to teams of clinicians and health coaches to better manage their symptoms. Judges picked the startup as the health services winner for MedCity INVEST’s Pitch Perfect contest.
INVEST Video Conference: Video visits to comprehensive humanized virtual Care
Listen in as our panel discusses how to achieve the right balance to combine the importance of technology while providing human touch to healthcare.
INVEST Video Conference: Improving Clinical Trial Diversity and Patient Access to Affordable Drugs [Sponsored]
Our panel discusses how pharma companies can ensure patients have access to life-saving drugs or those that significantly improve the quality of life as well as closing the gap with diversity in clinical trials.
Report: Providers cut mental health staff, even as demand increased during the pandemic
As demand for behavioral health services increased during the pandemic, many organizations providing these services cancelled or rescheduled appointments, or laid off staff, according to a report by the U.S. Government Accountability Office.
Startup building cash-pay marketplace for healthcare raises $24M
Sesame, a startup building a cash-pay marketplace for healthcare, raised $24 million. The sudden adoption of telehealth by the broader public led the startup to grow faster than expected.
Survey: Large employers want more government action to curb healthcare costs
Executives at large companies feel that the cost of providing employee health benefits will become unsustainable within the next decade, a new survey shows. They want the government to play a bigger role in providing coverage and lowering costs.
Cigna covers Ginger’s mental health app as in-network benefit
Insurer Cigna plans to cover mental health startup Ginger’s coaching services as a covered benefit. Investors are pouring more funds into mental health startups as they companies and insurers alike look for more ways to meet people’s care needs during a challenging year.
INVEST Video Conference: Tackling burnout and mental health for frontline workers
Our expert panel weighs in on health systems addressing behavioral issues and supporting the mental health of doctors, nurses and others.
INVEST Conference Video: Trends in healthcare investing
Learn from payers focused on health tech, medical device investors and others on what investment trends to watch for this year.
INVEST Conference Video: The future of at-home testing beyond Covid-19
Covid-19 has renewed interest in diagnostics and a way to deliver care at home. Learn from companies and experts as they address the future of these two developments.
The winners of INVEST Pitch Perfect are…..
The finalists across health IT, biopharma, medical devices, diagnostics, and health services tracks were judged on criteria that included: completeness of overall plan, business idea, market opportunity, revenue model, and founder(s) experience.
Accolade to acquire telehealth startup PlushCare for $450M
Care navigation startup Accolade struck an agreement to buy telehealth startup PlushCare for $450 million. The goal is to support primary care physicians with information about a patient’s health and benefits, CEO Rajeev Singh said.
What will be the pandemic’s mental health legacy?
The pandemic has highlighted longstanding disparities in how people access mental healthcare. But as more people and policymakers focus on mental health, will this change?
The Key to SDOH: Health literacy
As a country, we must do a better job supporting people and communities throughout their health journey because communities with greater access to information and increased levels of health literacy will ensure better health outcomes.
Ways to improve the patient experience for African-Americans
There should be a discussion about how to address the disproportionate impact Covid-19 has had on Black communities.
These health services startups are finalists for MedCity INVEST Pitch Perfect
Representatives from five health services startups will present their companies to three judges, followed by a Q&A. The judges for the health services track include: Cheryl Chang of BlueRun Ventures; Keith Figlioli of LRVHealth, and Steve Tolle of HLM Venture Partners.
Virtual primary care startup Firefly Health raises $40M, plans foray into benefits
Virtual primary care startup Firefly Health plans to launch a benefit plan after raising $40 million in new funding. The company currently offers virtual and in-person access to a primary care team.
Digital health companies raised $6.7B, breaking a record for Q1
Digital health startups raised a record-breaking $6.7 billion in the first quarter of 2021. Large funding rounds propelled them past previous months.
Survey: 1 in 5 Americans can’t afford necessary care
Healthcare is becoming increasingly unaffordable, with 18% of Americans saying in a new survey that they would not be able to afford the care they need. Respondents also reported cutting back on other expenses to afford healthcare, including money spent on food and utilities.
Cityblock nets another $192M, plans to expand into maternity and pediatrics
The startup, which provides primary care services to Medicaid patients, plans to use the funds to expand into new states and add maternity and pediatrics services lines. It also recently launched a vaccination site in conjunction with the New York Department of Health.
StartUPDATES: New developments from healthcare startups
Read new developments on healthcare startups such as Seven Bridges, Scipher Medicine, Applied VR and more.
At MedCity INVEST: A conversation on comprehensive humanized virtual care
Healthcare delivery is one of the themes at the annual MedCity News virtual INVEST conference, April 19-23. Register today!
What’s the best approach to patient communication for Covid-19 vaccines? [Sponsored]
A vaccine communication playbook developed by WELL™ Health offers guidance to providers on how to meet the communication challenges to ensure patients get both doses of the Covid-19 vaccine.
How Microsoft can transform healthcare delivery [Sponsored]
Microsoft’s latest eBook offers a look at how technology can help organizations meet patients’ changing expectations and provide personalized care.
Founder of at-home primary care startup Heal steps down
Nick Desai, the co-founder and CEO of Heal, announced he would step down on Tuesday. Scott Vertrees, an advisor to the company, will become the company’s new CEO.
One-size-fits-all addiction treatment must be replaced
While addiction treatment has traditionally focused on the removal of substance use ‘symptoms’ by collecting urine samples and screening for substance use, the complexity of the biopsychosocial framework requires commensurate measurement tooling.
Survey: HR administrators, employees disagree on mental health coverage
While half of benefits executives said their mental health coverage was adequate, more than half of employees with a diagnosable condition didn’t receive mental health treatment in the last year, according to a recent survey conducted by mental health startup Lyra Health.
In-home care startup DispatchHealth passes $1.7B valuation
DispatchHealth, a startup offering at-home care, raised $200 million in funding. The Denver-based company plans to use it to expand to additional states.
Thirty Madison launches direct-to-consumer health brand for allergies
Thirty Madison launched a new telehealth brand for people with seasonal allergies. It’s the latest addition to the company’s growing list of direct-to-consumer brands, which include hair loss, migraines and acid reflux.
Eden Health raises $60M, plans to expand primary care model to more cities
Primary care startup Eden Health, which contracts with employers and commercial real estate companies to offer a combination of virtual and in-person services, raised $60 million in funding. The company plans to use the funds to build out its platform and open brick-and-mortar clinics in new cities.
Signify Health goes public in upsized IPO
Signify Health, a company that provides services for value-based care programs, went public on Thursday in an upsized IPO. The company’s stock began trading at $24 per share, above its expected range of $20 to $21 per share.
FlipMD creates physician consultant hub
Husband and wife entrepreneurs Gregory and Lauren Hanson talk about their healthcare startup and how they want to help connect companies in search of medical expertise with physicians to advise them.
10 patient communication tips for hospitals in the age of Covid-19 [Sponsored]
A new playbook from WELL™ Health offers hospitals a roadmap during this public health crisis for providing efficient and timely patient communication including appointments, virtual care, testing, and more.
4 takeaways from 23&Me’s planned SPAC deal
Consumer DNA testing company 23andMe plans to go public through a merger with a special-purpose acquisition company started by Virgin Group. As sales of DNA testing kits wane, how will 23andMe drum up new interest for its business?
How text messaging is transforming the life sciences industry
For the last few years, digital transformation has been the mantra for healthcare-related organizations of […]
In adding more conditions, is Onduo becoming a me-too platform of Omada and Livongo?
Verily’s virtual diabetes platform, Onduo, is expanding to support additional conditions and languages, Onduo’s CEO Vindell Washington shared. How will the company differentiate itself among a growing number of multi-condition platforms, such as Livongo and Omada?
Folx raises $25M to expand direct-to-consumer health platform for LGBTQ patients
Folx, a direct-to-consumer health startup for LGBTQ patients, raised $25 million in funding. The company, which launched in December and currently operates in 11 states, plans to use the funds to further expand its footprint and expand into sexual health and family planning services.
Concert Health raises $14M to expand behavioral health access
Concert Health, a San Diego-based behavioral health startup that partners with primary care providers, raised $14 million in series A funding.
What is the MedCity INVEST Pitch Perfect experience like?
The INVEST Pitch Perfect contest is part of our INVEST conference April 19-23, which will be hosted online due to Covid-19, and includes five tracks for startups: biopharma, medical devices, diagnostics, health IT and health services. Read more on how to apply.
Value-based care platform Signify Health files for IPO
Signify Health, a startup that provides in-home healthcare services and value=based payment programs, filed early paperwork for an IPO. The company plans to be traded on the New York Stock Exchange under the ticker “SGFY.”
Accolade to acquire second-opinion platform for $460M
Benefits navigation startup Accolade acquired second opinion startup 2nd.MD for $460 million. With little overlap between the two companies, the deal is expected to increase Accolade’s total addressable market by $22 billion.
Symptom checker K Health raises $132M for push into pediatrics
K Health raised $132 million in funding, which it plans to use to expand its platform into pediatric patients. The company has built a symptom-checker app and lets patients text a primary care physician for an additional fee.
Under one roof: How to treat autism in children
The need and demand for access to quality, interdisciplinary therapy will only continue to grow. Early intervention, with consistent, qualified care provided under one roof, can generate better outcomes that will help children and their families change what autism means in their lives.
Some much-needed help: HHS doles out $22B for testing, vaccines
States will get some much needed support to roll out a coronavirus vaccine. Last week, the Department of Health and Human Services shared it would roll out $22 billion in funding to support state testing and vaccination efforts.
StartUPDATES: New developments from healthcare startups
Read about news from healthcare startups including Carrum Health, Aspen RxHealth and more.
Virtual physical therapy startup Hinge Health reaches $3B valuation
Hinge Health, a startup offering virtual physical therapy, recently raised $300 million in funding. The company now has a value of more than $3 billion, the company confirmed.
Health-tech funding breaks another record in 2020
Healthcare technology companies raised a record of $15.3 billion in 2020, according to a report from Silicon Valley Bank. For the first time, digital health companies surpassed biopharma for the number of deals.
Poll: Most Americans plan to use telehealth after the pandemic
Most Americans plans to use telehealth after the pandemic, according to a survey conducted by the Harris Poll. While most respondents were comfortable using virtual visits, they were also keen on keeping in-person visits with their doctor.
Color hits $1.5B valuation, plans to build on testing infrastructure
The company, which got started in genomic testing, has quickly expanded its services to include providing Covid-19 testing at businesses and universities. With the new funding, it plans to build infrastructure for more preventive health services.
Online healthcare community DXY raises $500M
The Tencent-backed company, which offers a community for clinicians in China and consumer-facing information, raised $500 million in funding.
MedCity INVEST Precision Medicine spotlight: Pitch Perfect Health IT track (video)
A video from the conference spotlights startup pitches with Q&A from judges in the Health IT track of the Pitch Perfect contest.
CVS, Walgreens begin administering first vaccines in nursing homes
CVS and Walgreens began administering the first doses of Covid-19 vaccines across long-term care facilities last week. But many questions still remain about how it will be administered to the general public.
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