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.
Health Services
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… Read More »Blackstone’s $4.7B acquisition of Ancestry raises privacy questions
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… Read More »Here’s what’s on the agenda for Day 1 of MedCity INVEST virtual
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.
