CVS Health turning drugstores into super-clinics; BetterUp raises another round for $5B valuationRead more...
Biden administration seeks to expand telehealth; BetterUp acquires Motive and Impraise
Biden administration seeks to expand telehealth in rural America. New funding will allow more medical appointments to take place via video in rural communities, where some of the nation’s oldest and sickest patients live. Read more
US to mandate vaccines, negative COVID-19 tests for all arriving international travelers. The Biden administration will require all international travelers coming into the United States to be fully vaccinated and tested for Covid-19 under a new system that will open up air travel to vaccinated foreign nationals from dozens of countries for the first time since the early days of the pandemic. Read more
Walmart's healthcare team is shaking up its leadership amid a slow rollout of health clinics. Walmart Health is reorganizing its top leadership as the retail giant focuses on its healthcare push. Read more
BetterUp: BetterUp is a mobile-based leadership development platform used by Fortune 500 companies. BetterUp acquires emotion AI and people technology companies to accelerate growth. The deals will play a pivotal role in fueling BetterUp’s proprietary AI developments and further its European expansion. BetterUp acquired two advanced technology software companies, Motive and Impraise. The merging of the companies and their teams will further enable BetterUp to harness the powerful combination of technology and human insight to help people maximize their potential. Read more
Hinge Health: Hinge Health is a patient-centered digital clinic that treats chronic musculoskeletal conditions such as back and joint pain. Hinge Health acquired wrnch, combining computer vision and motion sensors to deliver the most comprehensive and personalized digital physical therapy. Read more
Bright Health: Bright Health design and build software solutions to deliver the best patient and provider experiences. The company makes its money from revenue made by selling its premiums to individuals and to CMS. Steven Loeb published an article on how Bright Health makes money on Vatornews. Read more
Lisa Health: Lisa Health is a digital health company creating advanced technology solutions for menopause and healthy aging. Lisa Health was awarded a National Science Foundation (NSF) Small Business Technology Transfer (STTR) grant for $255.000 to conduct research and development (R&D) work on novel technology for menopausal hot flashes. Read more
Spring Health: Spring Health provides employers with a comprehensive and effective solution for employee mental well-being. Spring Health snags $190M to build out family mental health services, ramp up health plan partnerships. The round was led by health investor Kinnevik; insurer Guardian Life joined as a new investor, while existing investors—including Tiger Global, Northzone, RRE Ventures, Rethink Impact, Work-Bench, William K Warren Foundation, SemperVirens, Able Partners and True Capital Ventures—also participated. Read more
Amolyt Pharma: Amolyt Pharma is a Lyon, France-based developer of therapeutic peptides for rare endocrine diseases. Amolyt Pharma raised $80 million in Series B funding. Sectoral Asset Management and Andera Partners co-led the round, joined by ATEM Capital and roughly a dozen earlier backers. Read more
Anjarium: Anjarium is a Zurich, Switzerland-based developer of nonviral gene therapies. Anjarium has raised $61 million in Series A funding. Abingworth and GIMV co-led the round, joined by Omega Funds, Pfizer Ventures and Surveyor Capital. Read more
Francis Medical: Francis Medical is a Maple Grove, Mn.-based developer of thermal water vapor ablation therapies to treat prostate cancer/ Francis Medical has raised $55 million in Series B funding. Solas BioVentures led the round, joined by Arboretum Ventures, Coloplast A/S, H2Oey Ventures and Tonkawa. Read more
Caresyntax: Caresyntax is a digital surgery platform that uses proprietary software and AI to deliver actionable insights to improve patient outcomes. Caresyntax announced a $30 million extension to its Series C round. The new funding came from BlackRock Funds and ProAssurance. Read more
Cured: Cured is a Boulder, Co.-based digital marketing and customer relationship management (CRM) platform for healthcare organizations. Cured has closed on $10 million in Series A funding led by DNA Capital. Other investors in the round include CU Healthcare Innovation Fund, UCHealth and earlier backers High Alpha, Waterline Ventures, Matchstick Ventures, and Headwater Ventures. Read more
Journey Clinical: Journey Clinical is a New York-based startup that says its ketamine prescription services enable psychotherapists to offer ketamine-assisted psychotherapy to their patients. Journey Clinical has raised $3 million in seed funding led by Fifty Years. Read more
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