Digital health news, funding roundup in the prior week; February 7, 2022

Steven Loeb · February 7, 2022 · Short URL: https://vator.tv/n/53d2

Komodo partnered with the Chan Zuckerberg Initiative, Magellan to start drone drug delivery

Top Health News

  • Komodo Health partnered with the Chan Zuckerberg Initiative’s Rare As One Network to provide software and analytics in order to help improve earlier diagnoses, close gaps in care, and accelerate research across some of the world’s most complex and difficult diseases
  • Cigna's MDLIVE unveiled a patient health monitoring program to give patients and their providers better insights into their daily health. The idea is to improve health outcomes for people with chronic health conditions like diabetes, heart disease or high blood pressure. The new program is available to all Cigna customers who are enrolled in employer-sponsored plans.
  • Magellan partnered with Zipline to deliver prescription medications, including specialty medications that treat chronic, complex conditions, directly to patients’ homes via autonomous aircraft. Operations are expected to begin in 2022.
  • The Moderna vaccine received full approval from the FDA

M&A

  • Kindbody, a fertility and family-building care company, signed a merger agreement to acquire Vios Fertility Institute, a network of fertility clinics
  • Calm, a leep, meditation, and relaxation app, acquired Ripple Health Group, which is focused on finding the most impactful ways to bring physical, mental, and social well-being to every person
  • PointClickCare Technologies, a provider of collaboration and access to real-time insights in the healthcare space, announced its intent to acquire connected care platform Audacious Inquiry
  • At-home connected health company Withings acquired 8fit, a health, fitness, and wellness app
  • Convey Health Solutions Holdings, a technology and advisory partner to many health plan operations, completed its acquisition of healthcare product company HealthSmart International
  • Becton, Dickinson and Company completed the acquisition of Cytognos, a company specializing in flow cytometry solutions for blood cancer diagnosis
  • Forescout Technologies, a provider of Active Defense for the Enterprise of Things, acquired CyberMDX, a healthcare cybersecurity provider
  • Sorrento Therapeutics, a clinical and commercial stage biopharmaceutical company developing new therapies to treat cancer, completed the acquisition of Virex Health, a biotechnology firm that enables widespread testing
  • Glooko, a provider of remote patient monitoring and digital health solutions for diabetes and other chronic conditions, acquired xbird, a company developing Just In Time Adaptive Intervention technologies to support patients and their providers in predicting behavior and managing diabetes
  • City of Hope, a National Cancer Institute-designated comprehensive cancer center, completed its acquisition of Cancer Treatment Centers of America, a network of oncology hospitals and outpatient care centers

Funding Roundup

  • Koya Medical, developer of a wearable lymphedema therapeutic, raised $26 million
  • Neura Health, a virtual care platform for neurological disorders, raised $2.2 million
  • Cancer care navigation platform Jasper raised $25 million
  • Vynca, a provider of holistic care for those with serious illnesses, raised $30 million
  • Athelas, which develops technology to monitor chronically ill patients in their homes, raised $132 million for a $1.5 billion valuation  
  • ConcertoCare, a value-based care provider of at-home care for seniors and other adults with unmet health and social needs, raised $105 million
  • Marigold Health, a virtual program focused on substance use and mental health recovery, raised $6 million
  • Codoxo, a provider of healthcare AI solutions, raised $20 million
  • League, a platform for developing consumer-centric personalized healthcare solutions, raised $95 million
  • Afya Rekod, a Kenyan healthtech startup that collects and stores digital health records, raised $2 million
  • MedHyve, a provider of intelligent procurement tools for small and medium private hospitals and clinics in developing markets, raised $407.5k
  • Fuse Oncology, developer of a practice management platform to improve efficiency, quality, and safety for oncology practices, raised an undisclosed amount of capital
  • HealthRhythms, a digital mental health startup, raised $11 million

(Image source: maxpixel.net)

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