Digital health news, funding round up in the prior week; June 26, 2023
Aledade raised $260M; Zocdoc partnered with Elation Health; Eli Lilly acquired Dice
Read more...Reena Jadhav interviews Peter Hames, CEO of Big Health about emergence of "Digital Medicine" and Big Heallth's first product Sleepio, which addresses sleep problems digitally to help manage the deeper issues of depression and anxiety. They have 18 peer review papers and 18 randomized control studies to demonstrate that Sleepio works as well as non digital therapeutics. Key interview highlights:
1. He reveals insights into their success
2. Importance of engagement with patients
3. How they have heavily personalized using their therapy lab to use external data to recommend precise sleep schedule and therapies
4. How to become more than a fun app or game by building trust and credibility in order to be regarded as a therapeutic service
5. How he raised $15 million for his app and the specific challenges he overcame
6. The importance of linking payment to outcomes
7. His vision for Digital Medicine and the emergence of curative services.
Reena Jadhav is a 4 time entrepreneur (Done.com, Conduit, JobFlash, Riiwards), now working on HealerPedia.com, start-up Advisor, and Investor with Valley incubators. Harvard MBA, Summa Cum Laude Wharton Business School.
All author postsAledade raised $260M; Zocdoc partnered with Elation Health; Eli Lilly acquired Dice
Read more...Simple HealthKit and Walmart partnered; Electronic Caregiver raised $95M; Aya bought Flexwise Health
Read more...Alkeus Pharmaceuticals raised $150M; Care.ai partnered with Samsung; DoseSpot bought pVerify
Read more...