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.
Health Services
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
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 »
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 »
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.
Startups look to bridge disparities in mental healthcare
Hurdle Health, a mental health startup that trains culturally competent therapists, has seen continued growth over the last year. Its founder and others are working to expand access to mental healthcare.
Kaiser Permanente tests referring patients to 6 digital mental health tools
The managed care company picked six mental health apps that it made available to its members over the past two years. It recently published a paper showing patients were more likely to download or use digital health tools when referred by a physician.
ConsejoSano raises $17M, prepares for vaccine rollout
ConsejoSano, a patient engagement platform that works with several of the large insurers, raised $17 million in series B funding. The startup’s focus is to better communicate with patients based on their cultural background.
One-fifth of U.S. healthcare employees told to bring their own PPE to work, survey shows
Companies across U.S. industries are working to ensure safety from Covid-19 in their workplaces amid dwindling finances. Personal protective equipment is a crucial part of safety protocols, but more than a quarter of U.S. businesses — including a sizable share of healthcare companies — ask their employees to bring their own.
Investors share five digital health predictions for 2020
After a banner year for digital health, characterized by record adoption and investment, what will come next? Partners with Boston Consulting Group’s Digital Ventures shared their predictions for 2021.
As Covid-19 cases surge, Multicare partners with startup to launch hospital-at-home program
Multicare rolled out a hospital-at-home program with Denver-based startup Dispatch Health. The program will free up hospital beds and staff as Covid-19 cases surge across the U.S.
What’s needed to make consumerization of healthcare work for patients? [Sponsored]
As healthcare systems strive to recover from losses due to the pandemic, patient acquisition and retention have never been more urgent, and patient experience has never been more critical. A new guide from Bright.MD offers a digital checklist on how to improve the patient experience.
Healthcare process automation startup Olive AI lands $1.5B valuation
Olive AI, a startup automating routine administrative tasks for health systems, raised another $225 million in funding, bringing the total raised this year to $385 million.
Rethinking pharma CRM: It’s not just for sales anymore [Sponsored]
Salesforce reimagined a healthcare CRM bringing actionable information into one place to enable improved internal and external collaboration, communication, and smarter, data-based decisions.
The role of coaching in motivating and creating personal accountability for better health
Leveraging dedicated personal coaches and individualized content are the key ingredients of a successful health and wellness program.
Lessons learned from public health efforts abroad can help U.S. tackle Covid-19
Lessons that underscore the importance of strong public health infrastructures, community-based care and support for the most needy can be applied to the U.S. today as it navigates the Covid-19 pandemic, two experts say.
WithMe raises $20M to help patients navigate their prescriptions
WithMe Health, a startup trying to build a new approach to pharmacy benefits, spun off a medication guidance service that can be layer on top of existing PBMs. It also raised $20 million in funding, led by OMERS Ventures.
Mental health benefits startup Spring Health raises $76 million
Spring Health, a startup that offers mental health services as an employee benefit, raised $75 million in funding. The New York-based startup matches employees with therapy and other mental health services.
Telehealth alone not enough to offset crushing demand for mental health services
Lightened telehealth regulations have expanded access to virtual visits for therapy and other mental health surges. But many patients still aren’t having their needs met.
HealthPartners adds same-day prescription delivery to telehealth platform
The nonprofit health system, which operates a telehealth platform in 13 states, struck a partnership with Capsule to offer same-day prescription delivery.
After struggling to find a therapist, Headway founder built his own network
The New York based startup is working to build a network of therapists and other mental health providers. It recently raised a $26 million series A round led by Thrive and GV.
Knowledge gained from Covid-19: Better practices for preventing infections
With proper guidelines in place, along with more education on less toxic chemicals and the proper use of new technologies, greater outcomes will be achieved as we prepare for future outbreaks.
Reimaging population health at INVEST Pop Health Virtual: Register today
MedCity News is partnering with the New Orleans Business Alliance to host the executive summit November 16-18. It focuses on population health and highlights where innovation and investment are occurring in the field.
Employers have a litany of factors to consider with pandemic plans
Employers, faced with a plethora of options for return-to-work programs, will still have to consider several factors beyond testing and contact tracing. For instance, how will they communicate for employees to stay home, and will a vaccine be required?
Which healthcare startups will present at Pitch Perfect for INVEST Pop Health Virtual?
The healthcare startups targeting chronic conditions and population health presenting at INVEST Pop Health November 16-18 span prescription drug delivery to addressing social isolation.
VHA, Ontrak partner to improve post-discharge suicide prevention among veterans
The Veterans Health Administration and health technology company Ontrak will conduct a three-year study examining a new intervention to improve care for veterans at high risk for suicide after they have been discharged from psychiatric hospitals.
Carbon Health raises $100M to expand its network of clinics
Carbon Health, which more than tripled its footprint in the last year, plans to further grow its network of primary care and urgent care clinics with $100 million in new funding.
DispatchHealth adds to evidence backing safety, efficacy of hospital-at-home programs
Amid the Covid-19 pandemic and a growing interest in at-home care, DispatchHealth has published new data showing that its hospital-at-home program did not result in unexpected deaths, serious adverse events or patients being subsequently admitted to a skilled nursing facility.
Transforming the patient experience to enable informed healthcare decisions [Sponsored]
Although the Covid-19 pandemic has had a significant impact on healthcare delivery, in many ways it has underscored the need for a healthcare system that can help patients easily navigate healthcare concerns as well as price transparency.
How to tackle the mental health crisis that will come with a second Covid-19 wave
To prepare for this next wave, healthcare systems and community mental health organizations must find ways to scale resources to efficiently screen patients for behavioral health conditions, match them with the right resources and then monitor their progress over time
Takeda extends partnership with patient data firm Seqster
The pharmaceutical company will use Seqster’s system to speed up onboarding for clinical trials and to improve patient engagement.
Medicare to cover all FDA-approved Covid-19 vaccines
CMS’ interim rule states that Medicare will cover Covid-19 vaccines approved by the FDA, including those receiving emergency use authorization, in a reversal from its usual policy. The vaccine will be made available at no cost to Medicare beneficiaries.
Honor raises $140M to grow home-care network
Honor, a San Francisco-based startup that strikes partnerships with home care companies, raised $140 million in a series D round. The company helps manage back-office functions in exchange for a portion of their revenue.
Startup taking SaaS approach to telehealth gets $14M
EVisit, an Arizona startup that is building an end-to-end telehealth platform for health systems and physician practices, raised $14 million.
Augmedix goes public through reverse merger
The company, which offers a remote scribe services, secured $25 million in private placement financing and began trading publicly on the OTC markets after a reverse merger with Malo Holdings.
Doctor on Demand strikes partnership with home care company CareLinx
The partnership will combine in-home caretakers with Doctor on Demand’s telehealth services. Some of CareLinx users will be able to access virtual visits for free.
Politics won’t fix the inequities in healthcare – but this will
Imagine a world where every patient has access to a care manager armed with comprehensive, real-time data and the tools to take action.
Lyft partners with Epic for non-emergency medical transportation
Rideshare startup Lyft will integrate its concierge rides services with Epic’s electronic medical record system. The service allows healthcare providers and other businesses to order rides for their patients.
Startups focused on chronic conditions and value-based care: Video from MedCity INVEST Digital Health
Finalists in the Pitch Perfect contest track, chronic disease management and value-based care, span virtual care for patients with neurological disorders and family caregivers, digital therapeutics for adolescent mental health, and personalized nutrition coaching to address chronic disease risk.
How the value of innovation will be redefined in 2021
While payers and policymakers took a more narrow-minded perspective on innovation value in 2020, the year 2021 will bring an increased focus on a treatment’s societal value, how innovation interacts with digital technologies, and whether new innovations are able to reduce existing health outcome inequalities.
Addressing behavioral health challenges for patients and employees: Video from MedCity INVEST Digital Health
In the latest video installment from INVEST Digital Health Virtual, a panel looks at behavioral health from the loneliness epidemic, workplace stress, and other challenges and the innovative tools developed to address these needs.
Consumer healthcare behavior is changing: 3 changes that will stick post-Covid in the healthcare revenue cycle
What are the Covid-related changes in consumer behavior that will stick in the healthcare revenue cycle following the pandemic? Here are three trends that could reshape customer service in the revenue cycle.
We’ve failed in chronic care management It’s time to change course.
In rearchitecting the system by training every care provider in every specialty, and enable lower-cost providers and communities, we will provide a new model of care where a physician isn’t the person who helps us when we’re sick — they help us be healthy.
And the winners of INVEST Digital Health Virtual Pitch Perfect contest are…..
The INVEST Digital Health Virtual conference Pitch Perfect competition, from September 21-25, had some intense competition between the healthcare startup participants. Thanks to all the entrepreneurs, judges and sponsors who took part.
GoodRx files to go public
GoodRx, a digital health startup that helps users track prescription drug prices, filed for an IPO on Friday. The company hasn’t yet priced its shares, but plans to be listed on Nasdaq as “GDRX.”
The new “virtual” normal: Is face-to-face care delivery a thing of the past?
There will always be a place for face-to-face care, but the shift to virtual care will drive a more intentional and cost-effective use of such in-person interaction.
Lyra Health hits $1.1B valuation, plans teletherapy expansion
Mental health startup Lyra Health raised a $110 million series D, valuing the company at $1.1 billion. The company plans to use the funds to expand its teletherapy service and develop additional mental health solutions.
How Covid-19 has enhanced the need for price transparency
Price transparency is no longer a nice to have, it’s a must-have as consumers’ wallets increasingly run dry.
Uber launches prescription delivery in Seattle, Dallas
Through a partnership with prescription delivery startup NimbleRx, Uber is offering home prescription delivery in Seattle and Dallas. The two companies plan to expand the partnership to other locations in the future.
Carrot Fertility plans expansion with $24M in new funding
Carrot Fertility, a startup that provides employee fertility benefits, raised $24 million in a series B round. The company plans to use the funds to further its expansion and build out its telehealth features.
Direct-to-consumer pharmacy company Thirty Madison raises $47M
Thirty Madison, which owns direct-to-consumer pharmacy brands for hair loss, migraines and acid reflux, raised $47 million in a series B round. Polaris Partners led the round, and Johnson & Johnson participated as an investor.
Can Walmart change healthcare?
Walmart caught the healthcare industry’s attention when it began opening primary care centers across Georgia, Florida and Illinois. But without its leader, will the effort still be able to keep its momentum?
Apply now to enter the Pitch Perfect startup competition at INVEST Digital Health Virtual
The MedCity INVEST Digital Health Virtual event, Sep 21-25 will spotlight healthcare startups in four categories. The application deadline is coming up quick: Friday, August 21 at 5pm ET! Read more to find out how to apply.
Bodyport raises $11.2M, strikes partnership with Brigham and Women’s
Bodyport, a startup developing a scale intended to detect early signs of cardiovascular disease, raised $11.2 million in series A funding. The San Francisco-based company also struck a partnership with Brigham and Women’s Hospital.
INVEST Pitch Perfect winner spotlight: Atentiv’s digital therapeutic for ADHD isn’t just fun and games
Judges picked Atentiv as the winner of the __ for MedCity Invest’s virtual conference. The Boston-based startup is building a game to improve attention in kids with ADHD.
Mental health coaching startup Ginger raises $50M
Ginger, a startup that provides mental health coaching services to its members, raised $50 million in series D funding.
Blackstone’s $4.7B acquisition of Ancestry raises privacy questions
Ancestry, which grew from a genealogy tracking tool to offering DNA tests for a number of healthconditions, reached a deal to be acquired by Blackstone for $4.7 billion. But privacy advocates have raised concerns over the deal — namely, what would happen to users’ health data?
Primary care startup Oak Street Health goes public for $328M
Oak Street Health, which operates primary care centers for Medicare patients, went public on Thursday for $328 million. Its capitation payment model has helped the company continue on where many clinics have struggled during the Covid-19 pandemic.
4 strategies to help your infusion center navigate Covid-19 uncertainty
When reviewing a return to normal operations, there is much to consider. Here are four approaches aimed at establishing a healthy pathway back to something close to the norm.
Livongo, Teladoc strike $18.5B merger, creating a digital health behemoth
Teladoc will acquire digital health company Livongo for $18.5 billion. The deal would combine one of the largest telehealth companies with a platform for managing an array of chronic conditions, including diabetes and heart disease.
Attention digital health startups: MedCity’s next pitch competition is looking for applicants
The MedCity INVEST Digital Health Virtual event, Sep 21-25 will spotlight healthcare startups in four categories. The application deadline is August 14 at 5pm ET.
EU regulators to launch in-depth investigation of Google-Fitbit merger
Regulators with the European Commission said they would launch a full investigation of Google’s proposed acquisition of Fitbit. The deal has drawn close scrutiny from regulators who worry about the amount of data Google would be able to access.
Report: GoodRx files for IPO
GoodRx, a startup that makes tools for comparing the price of prescription drugs, is looking to go public, according to a report by Reuters. The company reportedly submitted paperwork to the Securities and Exchange Commission.
INVEST Pitch Perfect winner spotlight: Luma Health keeps patients connected between visits
Patient engagement platform Luma Health was designed to help patients schedule appointment with the doctor without having to wait months. With Covid-19, the startup’s vision has expanded.
Mount Sinai spinoff launches virtual trial network with the American Gastroenterological Association
Rx.Health, a Mount Sinai spinoff that stitches together digital healthcare tools, struck a partnership with the American Gastroenterological Association to create a virtual trial network. The company hopes to expand the toolkit to other patient registries in the future.
Apply now to the 4 pitch contest tracks at INVEST Digital Health Virtual
We are seeking digital health startups in four categories to take part in our INVEST Digital Health Virtual event in September.
At-home care startup Heal plans expansion with $100M investment from Humana
In-home primary care startup Heal raised $100 million in funding, led by Humana. Heal plans to use the funds to expand into new markets and expand the breadth of services that it offers.
Secrets to Pop Health Management success: Take a leap of faith, be strategic, and collaborate
Population health management advocates need to demonstrate how redefining care management by adopting a holistic viewpoint to include what’s happening outside the hospital will help systems influence health at scale and improve care at a lower cost.
Two years after reset, Withings turns focus to remote patient monitoring with $60M raise
After Withings co-founder Eric Carreel bought the connected device company back from Nokia two years ago, the company has charted a more clinical course. With $60 million in new funding, Withings plans to build out a remote monitoring program for its medical devices.
With $200M in new funding, Ro looks to become patients’ first point of contact
Ro, a startup offering patients mail-order prescriptions and telehealth appointments, raised $200 million in funding. The company started three years ago with men’s health and wellness products, before expanding its business.
Who won the MedCity INVEST Pitch Perfect competition?
Healthcare startups across health services, health IT, medical devices, biopharma and diagnostics tracks took part in the week-long competition at the conference July 20-24. Here are the winners for the five tracks.
StartUPDATES: New developments from healthcare startups
Read about new developments from healthcare startups including HealCo, Eikonoklastes, Sidecar Health and more.
Healthcare deals dip in 2020, but not as much as expected
Healthcare mergers decreased in the first half of 2020, but not to the extent expected as a result of the Covid-19 pandemic. Reports by Pricewaterhouse Coopers and Kaufman Hall showed a decline in mergers and acquisitions, but still reported sustained interest from buyers
Walmart Health picks Florida for next planned expansion
After opening four health centers in Georgia and Arkansas, Walmart confirmed that it will expand to Florida next year.
How four healthcare executives are planning for the future of digital health
Executives with Kaiser Permanente, Houston Methodist, Providence St. Joseph Health and Highmark Health shared their thoughts on the future of digital health and how they used technology to care for their patients at the start of the Covid-19 pandemic.
Here’s what’s on the agenda for Day 1 of MedCity INVEST virtual
Our annual INVEST conference, where investors and startups meet, kicks off today as a virtual event. Chris Coburn, chief innovation officer of Mass General Brigham, is a featured speaker and startups in the area of health services will present in the first track of our INVEST Pitch Perfect contest.
The critical need for community investment
In comparison to other developed countries, we spend the least amount of money on social care and the most on medical, with the worst overall health outcomes. We must intentionally and strategically reallocate some healthcare dollars to invest in communities.
Walgreens sees $1.7B net loss, but analysts like its primary care strategy
Facing declining retail traffic, particularly overseas, Walgreens posted a net loss of $1.7 billion for the quarter ending on May 31. The company still has a long road ahead, but analysts said they liked its long-term strategy with VillageMD.
Walgreens resets retail clinics with VillageMD partnership but faces tough competition ahead
Walgreens plan to open hundreds of VillageMD clinics at its stores in the next five years. It would be the first major move by Walgreens to staff its locations with primary care physicians.
Walmart confirms a new avatar — it’s also a health insurance agency
Walmart quietly launched a new health insurance business. The company, called Walmart Insurance, was filed with the Arkansas Secretary of State last month.
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