SAN FRANCISCO

Better Therapeutics plans to go public through SPAC merger 

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Digital health startup Better Therapeutics plans to go public through a SPAC merger that would value it at $187 million. The company is currently running a pivotal study to see if its app-based program could be used as a treatment for type 2 diabetes. 

Health analytics startup Komodo passes $3.3B valuation

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Komodo, a data analytics startup building out information on patient encounters and outcomes, raised $220 million in funding. It plans to use the funds to build out its platform and further integrate it in users’ workflows.

Stroke detection startup Viz.ai raises $71M

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Viz.AI, a San Francisco-based care coordination startup, raised $71 million in series C funding. The company plans to use the funds to build out its platform beyond coordinating care for stroke.

SEC charges uBiome co-founders with $60M securities fraud

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The agency charged the co-founders of the failed fecal microbiome startup with defrauding investors. The SEC is seeking a court order that would bar uBiome’s co-founders from serving as officers or directors, and require them to give up any ill-gotten gains. 

Grand Rounds strikes merger with Doctor on Demand

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In another big tie-up between a telehealth and digital health company, Grand Rounds and Doctor on Demand reached a merger agreement. Grand Rounds CEO Owen Tripp will serve as CEO of the combined business.

bene : studio Launches HealthTech Product Accelerator Starting April 1st

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What You Should Know: – bene : studio, a San Francisco, CA-based global digital product consultancy, announced its non-equity, online HealthTech Product Accelerator, starting on April 1st. The accelerator will focus exclusively on the enhancement of the participating companies’ design and technology. – This accelerator… Read More »bene : studio Launches HealthTech Product Accelerator Starting April 1st

Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

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What You Should Know: – Modern Health acquires San Francisco-based mental health startup Kip to expand the data-driven capabilities of its mental health and wellness platform supporting 200+ enterprises globally. – Founded in 2015, Kip connects users with qualified therapists and arms them with the… Read More »Modern Health Acquires Mental Health Startup Kip to Expand Data-Driven Capabilities

CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status

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What You Should Know: – CommonHealth has connected to 230 health systems in the United States, allowing patients to gather, manage and share their health and test data, including COVID test and vaccination status. By the end of this month, CommonHealth will connect to more… Read More »CommonHealth App Connects to 230 Health Systems to Share Health Data – including COVID Test and Vaccine Status

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

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Neela Montgomery, EVP & President at CVS Pharmacy/Retail CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company’s 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital… Read More »Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients

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What You Should Know: – GE Healthcare announced a new artificial intelligence (AI) algorithm to help clinicians assess Endotracheal Tube (ETT) placements, a necessary and important step when ventilating critically ill COVID-19 patients. – The AI solution is one of five included in GE Healthcare’s… Read More »GE Healthcare Unveils First X-Ray AI Algorithm to Assess ETT Placement for COVID-19 Patients

Ontrak Acquires Science-Backed, Behavior Change Platform LifeDojo

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What You Should Know: – Ontrak acquires LifeDojo Inc, a San Francisco, CA-based comprehensive, science-backed behavior change platform. – The acquisition broadens Ontrak’s addressable market and footprint to lower acuity populations enabling new interventions and remote patient monitoring. Ontrak, Inc., a leading AI-powered and telehealth-enabled,… Read More »Ontrak Acquires Science-Backed, Behavior Change Platform LifeDojo

KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform

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What You Should Know: –  KēlaHealth announced their Series A round (combined seed and Series A) of $12.9M led by Sante Ventures and new innovation VC, Intuitive Ventures. – KēlaHealth, is a surgical intelligence engine that applies a dynamic cycle of patient-specific predictions, stratified interventions,… Read More »KēlaHealth Lands $12.9M to Expand AI-Powered Surgical Intelligence Platform

Honor raises $140M to grow home-care network

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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.

FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment

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What You Should Know: – FDA awards AppliedVR Breakthrough Device designation for treating treatment-resistant fibromyalgia and chronic intractable lower back pain – AppliedVR’s EaseVRx program helps patients learn self-management skills grounded in evidence-based cognitive-behavioral therapy (CBT) principles and other behavioral methods. AppliedVR, a pioneer advancing… Read More »FDA Grants AppliedVR Breakthrough Designation for Virtual Reality Chronic Pain Treatment

Innovaccer Launches AI-Enabled Patient Relationship Management Solution

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What You Should Know: – Innovaccer launches its artificial intelligence (AI)-enabled patient relationship management solution to streamline communication between patients and their care teams. – The solution enables providers and member teams to move beyond treating illness to facilitating proactive care by building productive, long-term… Read More »Innovaccer Launches AI-Enabled Patient Relationship Management Solution

Innovaccer Launches Perioperative Optimization Platform for Surgeons

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What You Should Know: – Innovaccer launches a perioperative optimization solution for surgeons to realize clinical and financial goals with patient-risk analysis. – The solution redefines surgical planning and post-surgical recovery with machine learning-based patient stratification for optimized surgery experience and personalized patient care management.… Read More »Innovaccer Launches Perioperative Optimization Platform for Surgeons

Central Maine Healthcare, Innovaccer Partner to Power Data-driven Telehealth Capabilities

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What You Should Know: – Innovaccer has recently partnered with Central Maine Healthcare (CMH), an integrated healthcare delivery system that serves over 400,000 people in the central, western, and mid-coast regions of the state, to connect providers with their patients through data-driven telehealth, powered by… Read More »Central Maine Healthcare, Innovaccer Partner to Power Data-driven Telehealth Capabilities

GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagements

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What You Should Know: – GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. – The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential… Read More »GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagements

Emtiro Health Taps Innovaccer to Leverage the FHIR-Enabled Data Activation Platform

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What You Should Know: – Emtiro Health, an innovative population health company in North Carolina has selected Innovaccer to deliver data-powered solutions to enhance the efficiency and effectiveness of care delivery.  – Powered by Innovaccer’s FHIR-enabled Data Activation Platform, Emtiro Health will create unified patient… Read More »Emtiro Health Taps Innovaccer to Leverage the FHIR-Enabled Data Activation Platform

Doctor On Demand Raises $75M to Expand Comprehensive Virtual Care Platform

What You Should Know – Doctor On Demand raises $75M in Series D funding led by General Atlantic to expand comprehensive virtual care. – Doctor On Demand is seeing record usage this year – up 139% – for COVID-19 screenings, routine health issues, chronic conditions and behavioral health. San Francisco, CA-based Doctor… Read More »Doctor On Demand Raises $75M to Expand Comprehensive Virtual Care Platform