Digital health news, funding round up in the prior week; November 14, 2022

Steven Loeb · November 14, 2022 · Short URL: https://vator.tv/n/5569

VillageMD bought Summit Health; Crossover partnered with Aetna; Fathom raised $46M

Top Health News

  • PointClickCare Technologies, a platform that combines a post-acute data set with a full-continuum network, in order to give care teams real-time insights, announced a strategic collaboration with Pfizer to provide the company with insights into the senior population. Specifically, it will be giving data on those at high risk of age-related disorders, including loss of appetite, malnutrition, involuntary weight loss, and cachexia. The idea is for Pfizer to take this data and gain a deeper understanding of the long-term and post-acute care demographic as away to create more enriched clinical trials and studies. PointClickCare platform is currently being used by over 27,000 long‐term post‐acute care providers, and 2,700 hospitals, meaning it covers nearly 70% of the long-term and post-acute care. Last month, the company launched its Virtual Health offering, an integrated telemedicine solution to Skilled Nursing Facilities.
  • Antidote is a free clinical trial search engine, entered into a partnership with OneStudyTeam, a provider of a cloud-based technology to connect the clinical research ecosystem. OneStudyTeam works with research sites, sponsors, and partners, such as Antidote, to reduce site staff burden by integrating patient recruitment solutions. Through StudyTeam, site staff can log into one system to manage all of their enrollment across all patient sources, connecting sites and sponsors in one hub so they can run trials more effectively. Antidote and OneStudyTeam are already implementing their first joint client, which will have a direct view on their OneStudyTeam's dashboard of the status of all the patients that Antidote has referred to their sites. At the same time, Antidote will be able to receive feedback on the status of patients it referred from OneStudyTeam directly, removing that burden from the sites.
  • Azenta and the Government of Luxembourg announced the signing of a Memorandum of Understanding to facilitate continued healthcare technology development in Luxembourg. The Minister of the Economy of Luxembourg, Mr. Franz Fayot, and the President and CEO of Azenta, Steve Schwartz, signed the MoU at Azenta's Massachusetts-based global headquarters. Azenta, Inc. had recently acquired B Medical Systems, a global vaccine, and medical cold chain provider, based in Luxembourg.
  • Colorado Access, a non-profit health care company serving Coloradans for more than 25 years, announced a partnership with Vital Data Technology, a data science-driven healthcare solutions leader, to improve the acquisition, processing, and utilization of data for their quality improvement initiatives. Colorado Access contracts with the Colorado Department of Health Care Policy and Financing, a department of the State of Colorado, to provide comprehensive healthcare products and services to Health First Colorado (Colorado's Medicaid program) and Child Health Plan Plus beneficiaries.
  • Direct-to-consumer health provider Hims & Hers partnered with ChristianaCare, a network of private, non-profit hospitals, to offer patients both virtual and in-person care. This expands the Hims & Hers’ partnership network into four new states: Delaware, Maryland, New Jersey and Pennsylvania, and 10 states in total, along with Washington D.C. As per this partnership, medical providers on the Hims & Hers platform will be able to connect patients with ChristianaCare’s Center for Virtual Health and then make referrals to primary and specialty care provider network when deemed appropriate; that will include if/when a patient has a complex medical history, requires additional in-person follow up or evaluation, or needs care for a condition that the Hims & Hers platform doesn't support.
  • BioIntelliSense, a continuous health monitoring and clinical intelligence company, announced it has entered into a strategic partnership with Medically Home Group, a technology-enabled services company that is at the forefront of the movement to decentralize care for serious or complex illnesses. The addition of the BioIntelliSense medical grade BioButton wearable devices and advanced analytics enables an enhanced level of data-driven care that, combined with clinical assessment, is designed to inform prioritization of care, allocation of resources and improved clinical workflow in treating and caring for patients with complex or high-risk conditions being cared for at home.
  • AstraZeneca and health partners launched an initiative to transform outcomes for cancer patients across Africa. The Accelerating Change Together; Cancer Care in Africa (ACT;CCA) programme provides a platform for partners to co-create cancer care solutions that close the gaps in existing patient care pathway, from diagnosis through to treatment and beyond. Over the next three years, ACT;CCA aims to drive screening and diagnostics covering one million people across cancer types, and to provide training for more than 10,000 healthcare professionals across 100 oncology centres.
  • The Coalition for Women’s Health In Africa, a continent-wide and dedicated women’s health initiative, launched to advocate for and implement solutions to improve healthcare for women in Africa. CoWHA is the first initiative emanating from a conference held in February, in Kenya, where private healthcare firms, organisations and governments met to interrogate and carve out a novel approach to better healthcare systems on the continent.COWHA is a joint initiative by principal founding members, Organon, (a women’s healthcare focused pharmaceutical company) the African Health Business consultancy, Hologic and BD, as founding members.
  • ZeOmega, a population health management organization, announced that its Jiva platform was selected by value-based integrated healthcare provider AbsoluteCare to fulfill its needs for comprehensive care management, utilization management, and clinical assessment support. AbsoluteCare goes beyond medicine to treat the most chronically ill and vulnerable patients and ZeOmega's tools, designed to identify insights about these populations, will improve outcomes and support AbsoluteCare's member-centric model.
  • Route 66 Ventures, a health technology venture capital firm, announced the launch of Switchboard Health. The company launches with a national network of virtual specialty clinic partners. Accessible through a single platform, its specialty care network will help payers, health systems, employers, and at-risk providers augment their current care networks with virtual clinic services. As a result, their patients will benefit from more timely, affordable, and convenient access to specialty care. Switchboard addresses several pressing industry challenges: Clinician shortages, rising labor costs, increasing costs, and heightened consumer expectations. The solution will support provider organizations that are taking on global risk as part of new value-based care programs like the ACO REACH model.
  • Northwell Holdings and startup studio Aegis Ventures announced an agreement for the formation of Upliv, a women's virtual care start-up that aims to raise the bar for clinical menopause support. Upliv will partner with employers to offer virtual telemedicine services and whole-person care to employees experiencing perimenopause and menopause symptoms. Initially, Upliv will offer services to select nurses through a pilot program at Northwell Health, followed by an expected enterprise-wide rollout in the first quarter of 2023.
  • Crossover Health announced a new collaboration with Aetna, a CVS Health company, to bring needed innovation of health benefit design to Seattle-area employers and their employees. The collaboration grew from a shared vision to be at the forefront of meaningful healthcare change centered in better primary care access to achieve lower health care costs. This new plan benefit, Aetna Advanced Primary Health, will be available effective January 1, 2023. The new hybrid care model is integrated into a health plan, and pairs a trusted interdisciplinary care team with a fixed-fee, value-based payment model designed to achieve optimal health outcomes.
  • DBSync, a SaaS integration platform, expanded its data integration suite into the Healthcare market by launching Cloud Workflow for Senior Living within the PointClickCare Marketplace. Senior Living Communities and Skilled Nursing Facilities will now have a 360-degree perspective of residents across their cloud and on-site applications. DBSync Cloud Workflow for Senior Living automation integrates seamlessly with PointClickCare, a leading healthcare technology platform enabling meaningful collaboration and access to real‐time insights. DBSync facilitates improved care, services delivery, and financial operations throughout the entire data lifecycle to better serve nursing homes, assisted living facilities and hospitals.
  • House Rx, a platform for medically integrated dispensing of specialty medications, announced a partnership with Rheumatology Associates, an independent rheumatology practice located in Louisville, KY, that will bring on-site specialty medication dispensing to its patients. Rheumatology Associates will lean on House Rx's specialized technology and services support from a team of pharmacists and pharmacy technicians to manage the dispensing process internally instead of relying on external specialty pharmacies for all patient-administered therapies. With third-party specialty pharmacies, patients with complex or chronic illnesses often face delays in getting the medications they need.
  • Andor Health, a company that provideshealthcare organizations a better way to connect and collaborate, partnered with TriHealth to enable ThinkAndor Virtual Patient Monitoring as part of an enterprise-wide virtual care collaboration platform. ThinkAndor's AI-powered virtual assistant guides patients across configurable care plans relevant to the patient's diagnosis with timely questions. ThinkAndor also removes the traditional barriers of device connectivity and simplifies patient experience by allowing devices to connect and send data without requiring Wi-Fi or cellular connections. Andor's no-app approach allows patients to share feedback in real-time with the care team, receive alerts and prompts, and manage their condition.
  • DocGo, a provider of last-mile mobile health services, announced a partnership with Hiring Our Heroes, a nationwide initiative of the U.S. Chamber of Commerce Foundation to help veterans, transitioning service members, military spouses and caregivers find meaningful employment. Through the program, DocGo will tap into HOH’s pool of top military talent looking for career opportunities and ways to apply their advanced degrees and military experience in field roles including emergency medical technicians and telehealth providers, as well as corporate leadership and operations roles.
  • Healthy Together announced the launch of a new mobile application integration with the U.S. Department of Veterans Affairs to provide easily accessible health records to veterans nationwide. The collaboration between Healthy Together and the VA is part of the current effort by VA's Lighthouse to provide more ways for veterans to securely access and utilize their health records and data. The Department of Veterans Affairs' API platform is part of their Digital Modernization strategy and is used to securely access VA data for building innovative tools for Veterans. Since August 2018, the VA's public API platform has approved a small group of trusted organizations like Healthy Together to access the platform for VA data.
  • NeueHealth Partners Community ACO, a partnership between NeueHealth and Medical Home Network, was provisionally accepted to participate in the ACO REACH model starting January 1, 2023. The NeueHealth Partners Community ACO expands on two NeueHealth owned and managed Direct Contracting Entities (DCEs) that are transitioning to the ACO REACH model next year, which served approximately 47,000 Medicare beneficiaries as of the Second Quarter 2022.
  • binx health, a healthcare technology and diagnostics company focused on making routine testing convenient, announced a strategic agreement with Afaxys Group Services LLC to expand access to sexual health and wellness testing nationally through their Group Purchasing Organization. Under the agreement, binx will offer its FDA-cleared, CLIA-waived point-of-care test for chlamydia and gonorrhea and its at-home digital health platform to thousands of clinics across the United States, under a preferred pricing model with joint marketing outreach among Afaxys and binx.
  • Nephron Pharmaceuticals Corporation and Sharps Technology announced a brand new partnership focused on developing and sharing best practices in innovative manufacturing, product development, customer support, and quality as Nephron prepares to launch the InjectEZ component of expansion. Sharps Technology is a medical device and pharmaceutical packaging company specializing in developing and manufacturing innovative drug delivery systems. Nephron Pharmaceuticals is known across the country to health systems and hospitals as a leader in the production of affordable generic inhalation solutions and suspension products, as well as pre-filled sterile syringes, luer-lock vials, IV bottles, and IV bags.
  • Birdsong Hearing Benefits announced a partnership with Convey Health Solutions to serve as its preferred hearing benefits manager. Convey is a provider of technology and services to support healthcare organizations and individuals in the Medicare markets. Through this partnership Birdsong will deliver hearing benefit services as a third-party administrator. These services include a nationwide credentialed provider network, preventive analysis and outreach for health plan members, a contact center, claims operation, and care management. Birdsong and Convey also provide over-the-counter hearing devices through an online store at www.hearanywhere.com. In August, the Food and Drug Administration (FDA) issued a ruling to establish a new category of OTC hearing aids, which allows consumers with mild to moderate hearing loss to purchase hearing devices directly from stores and online retailers.
  • EMIS, a provider of healthcare software, information technology and related services in the UK, and Citeline Connect, a solution for clinical trial engagement and recruitment, announced a strategic partnership to make clinical trials more accessible to patient populations throughout the UK. This relationship will allow EMIS to better serve its communities by providing direct, immediate opportunities for eligible patients to participate in clinical trials. EMIS Group’s Recruit product will notify clinicians when new opportunities arise for their patients to consider and enroll in clinical trials as a care option. EMIS Recruit uses advanced analytics and algorithms powered by EMIS-X to identify eligible patients.
  • Get Well, a digital patient engagement company, announced it expanded its work with the Veterans Health Administration to include 70 Veterans Affairs Medical Centers, a 130% increase over three years. Most recently, a fifth Veterans Integrated Service Network selected Get Well’s digital engagement solution to be installed in all nine of its healthcare facilities. Now successfully installed in nearly 13,000 VHA inpatient beds, Get Well’s solutions empower Veterans and their families to more actively participate in their care.
  • Twill, the company ushering in a new era of Precision Care, announced a new partnership with e-Psychiatry, a national leader in telepsychiatry and teletherapy. The alliance builds a more holistic system of care by weaving together the best of human and digital support, which expands Twill’s suite of capabilities to include more human care modalities. e-Psychiatry’s services can be offered as an element of Sequences, Twill’s fully configurable, scientifically designed, digital-first offering designed to weave together disparate strands of care. Now, Twill will enable a new level of care by providing access to psychiatrists, psychologists, and therapists. Together, Twill and e-Psychiatry are increasing access to hard to reach mental health professionals and helping meet the increased demand of digital, psychiatric services.
  • Elation Health, the clinical-first platform powering the future of sustainable primary care, and Ribbon Health, a healthcare provider data management company, announced that Elation and Ribbon have partnered to integrate Ribbon's provider data solution into Elation Health's primary care electronic health record platform. More than 24,000 clinicians across the Elation community will gain access to Ribbon's provider directory data to power their referral management workflows while decreasing administrative burden and giving physicians greater time for patient care. Elation's customers will also have the option to leverage Ribbon's insurance plan information and provider affiliations data, as well as demographics information and clinical focus areas in order to drive better patient-provider matches that are both cost effective and high-quality.
  • uMETHOD Health, a health technology company specializing in precision medicine for complex diseases, announced a partnership with PathGroup, one of largest independent laboratories in the United States. uMETHOD's AI-based care planning solution, RestoreU, pairs comprehensive testing from PathGroup with actionable treatment recommendations, aimed at lowering patient's risk of developing Alzheimer's and disease progression in its early stages.
  • WHOOP, the human performance company, and Ashley Addiction Treatment, a provider of evidence-based treatment of substance use disorders, announced a new research partnership to study recovery and relapse by leveraging objective health data from WHOOP Unite alongside subjective patient feedback. In support of these efforts, WHOOP launched the WHOOP Gateway, an innovative hardware and software solution that enables healthcare providers to tap into 24/7 patient physiological insights. Ashley is the first customer to use WHOOP Unite in conjunction with the WHOOP Gateway for cutting-edge patient support and research. The WHOOP Gateway uses Bluetooth to retrieve biometric data from WHOOP wearable technology and transmit it to WHOOP Unite without the need for a mobile phone. WHOOP Unite is a comprehensive solution dedicated to supporting organizations with coaching, insights and health programs. The platform helps leaders make policy and protocol changes based on the aggregated data of individual end users.
  • Danaher Corporation, a global science and technology company, announced that it has entered a strategic partnership with Duke University to form its first Danaher Beacon for Gene Therapy Innovation. Danaher Beacons is a new initiative designed to access breakthrough science to create technologies and applications that will improve human health. The program invests in product innovation to advance external R&D strategies with a focus on genomic medicines, precision diagnostics, next generation biomanufacturing, human systems, and data sciences.
  • Artemis by Nomi Health, an analytics platform, announced a partnership with Wellthy, a tech-powered caregiving platform for coordinating care for chronically ill, aging and disabled loved ones. As part of the partnership, Artemis clients will be able to evaluate the need for caregiving support within their population and easily integrate Wellthy into their benefits offerings. In addition, Artemis clients who choose to add Wellthy will gain no-cost access to Artemis Console, an objective tool that measures benefit solution performance. This enables clients to impartially gauge employees’ engagement, financial impact, and clinical outcomes with Wellthy. Clients can use Artemis Console analytics to help identify candidates for Wellthy’s coordinating capabilities and easily evaluate the program’s impact on member outcomes, quality of life and costs.
  • Sprinter Health, an on-demand mobile health and diagnostics company bringing personalized and affordable healthcare services to the home, announced a partnership with Firefly Health, a health plan and virtual-first care innovator with a mission of delivering half-priced health care that’s twice as good, clinically and emotionally. The partnership aims to improve access to care while saving downstream costs by integrating Sprinter Health’s in-home clinical services into Firefly Health virtual primary care. With the combined capabilities of Firefly Health and Sprinter Health, a patient is able to get lab draws, vitals checks, electrocardiograms, diabetic eye exams, and diabetic foot screenings in the comfort of their own home through Sprinter Health’s phlebotomists and nurses. Firefly Health providers order Sprinter visits at their discretion, and each visit is customized to individual patient needs. After every in-home visit, the referring Firefly Health physician will receive lab results and encounter summaries electronically for review and follow up.
  • Vicarious Surgical, a robotics company seeking to improve the cost, efficiency, and outcomes of surgical procedures, announced it has signed a collaborative Memorandum of Understanding agreement with Pittsburgh CREATES, a center that fosters collaborations between surgeons and healthcare professionals, with the academic and clinical resources of parent institutions, the University of Pittsburgh and University of Pittsburgh Medical Center. Through this collaboration, Vicarious Surgical will further augment its development efforts with a world-renowned university. Expansion beyond the previously announced Center of Excellence partnerships provides Vicarious Surgical additional and diverse exposure to clinical and operational robotic experts, as well as access to the advanced Center for Pre-Clinical Studies within the University of Pittsburgh. Further expertise in surgeon testing, training and regulatory trials will help to provide deeper academic and clinical insight and support as the Company continues to advance through development and finalization efforts of its Vicarious Surgical robotic solution with a focus on helping to address the needs of major US hospital systems holistically.
  • Azenta and the Government of Luxembourg announced the signing of a Memorandum of Understanding to facilitate continued healthcare technology development in Luxembourg. The Minister of the Economy of Luxembourg, Mr. Franz Fayot, and the President and CEO of Azenta, Steve Schwartz, signed the MoU at Azenta's Massachusetts-based global headquarters. Azenta, Inc. had recently acquired B Medical Systems, a leading global vaccine, and medical cold chain provider, based in Luxembourg.
  • iCAD, a global medical technology leader providing innovative cancer detection and therapy solutions, announced the first step in the development of a new strategic multi-year commercial agreement and an initial order with Radiology Partners, the largest radiology practice in the U.S. This planned collaboration will solidify iCAD’s position as Radiology Partners’ provider of breast AI solutions and will leverage Radiology Partners’ clinical expertise, scale and leadership position to expand access to iCAD’s Breast AI Suite to thousands of physicians and millions of patients.
  • Tivic Health Systems, a commercial-phase health technology company focused on bioelectronic medicine, announced it has entered into an agreement with Microart Services, to manufacture, on a non-exclusive basis, certain components and sub-assemblies of the company’s current and future products.
  • TXI, a strategy and product innovation firm, announced its partnership with Redox, a company accelerating data interoperability in healthcare, to build and scale digital products from startups to enterprise-scale healthcare technology companies. Ultimately, the partnership will help to accelerate care outcomes for providers and patients.
  • Gozio Health, a customizable, location-aware mobile engagement platform, announced an expanded partnership and integration with patient communications platform Artera (formerly WELL Health) after a successful initial launch with leading health system UNC Health. Gozio Health and Artera drove an unprecedented increase of 443% in downloads of UNC Health’s app.
  • Peloton and the Christopher & Dana Reeve Foundation announced the launch of a special adaptive fitness collaboration designed to bring workouts into people's lives in an accessible, efficient, community-driven way. The "Seated Adaptive Strength" program is designed by Peloton Instructor Logan Aldridge with expertise contributed by Reeve Foundation community members and ambassadors especially for wheelchair users living with a spinal cord injury or other causes of paralysis. The eight-class program, available on the platform beginning today, is geared primarily toward seated athletes with some hand and arm function. The series also includes a special meditation class led by Peloton Instructor Ross Rayburn that provides breathing techniques and other nuanced instruction designed specifically to accommodate the needs of those living with quadriplegia.
  • Mobility Exchange collaborated with Samsung's Mobile B2B Healthcare Team to utilize their latest mobile device products. As the world continues to go digital, Mobility Exchange has made it easier than ever to transform any environment into a connected health and wellness center. Samsung Health will be providing its fully optimized devices and solutions for the implementation of the MobEx Health Hub and Family Connect applications powered by Mobility Exchange. MobEx Health Hub, a commercial platform, allows clinical teams to evaluate, manage, and connect with multiple individual patients from one place. The proactive management of home care is easier than ever with access to medical records, health vitals data, secure messaging, telehealth, specified content delivery and more, making MobEx Health Hub an integrative solution for managed care organizations and the continuum of care.
  • Massive Bio, an AI-powered cancer clinical trial enrollment platform, announced a strategic partnership with Azra AI, a healthcare technology company that uses proprietary AI software to identify cancer diagnoses in real time and accelerate the patient care process. Combined with Massive Bio’s ability to surface personalized clinical trial options for patients, the two companies working together provide early identification and precise treatment options, further improving cancer clinical care.
  • Healthfully, an enterprise digital healthcare solutions company providing white-label technology platforms, announced a partnership with Tenovi to offer simplified remote patient monitoring devices as part of their suite of digital health tools. Healthfully clients will now be able to give patients easy-to-use Internet-enabled devices for monitoring vital signs at home as part of their care plan—no smartphone or WiFi needed.
  • GripAble, a company digitising physical rehabilitation from hospital to home, announced a partnership with specialist rehabilitation equipment supplier Kinetec to accelerate its expansion into France and other international markets. GripAble has created a digital assessment and training platform supporting individuals undergoing rehabilitation for both neurological and musculoskeletal conditions. With a focus on hand and arm function, rehabilitation programmes are delivered through interactive mobile technologies that have been designed to motivate, track progress, and provide real-time biofeedback.
  • Manipal Hospitals and Google Cloud announced a partnership to support the healthcare service provider in patient care, clinician experience and network efficiency. Manipal Hospitals will leverage Google Cloud’s technology to enable virtual care services across its chain, create a digital platform that allows patients to order medicines from the hospital, and to build remote patient monitoring. India's second-largest healthcare service provider will also use Google Cloud’s conversational artificial intelligence (AI) tools to improve customer interactions.
  • Imperial Health Plan of California, Imperial Insurance Companies, and affiliated companies, announced a partnership with Vital Data Technology, a data science-driven healthcare solutions leader, to improve the acquisition, processing, and utilization of data for their quality and risk adjustment initiatives. Imperial comprises two Medicare Advantage plans, several Independent Physician/Provider Associations, and a Management Services Organization.
  • MindMaze, a provider of digital medicine for brain health, and Mount Sinai Health System, one of the largest academic medical systems in the New York metro area, are partnering to pioneer a digital therapeutic program that will accelerate neurological patient access to novel digital interventions and generate evidence-driven models to support the delivery of this care at scale, cost-effectively. This program aims to deliver superior outcomes in motor and cognitive function through high-dose, high-intensity training across the care continuum, including at the patient’s home.
  • The University of Maryland Strategic Partnership: MPowering the State announced plans to establish the University of Maryland 3-Institute for Health Computing, led by the University of Maryland, Baltimore  and the University of Maryland, College Park, in collaboration with the University of Maryland Medical System and Montgomery County, Md. The new institute, located in North Bethesda, will leverage advances in artificial intelligence (AI) and computing to create a premier learning health care system that evaluates de-identified and secure digitized medical health data to diagnose, prevent and treat diseases in patients across the state. It is the latest initiative from MPower, which brings together the complementary strengths of the two universities to strengthen Maryland’s innovation economy, advance interdisciplinary research, create opportunities for students, and solve important problems.
  • Care Angel, an AI voice, nurse assistant technology that proactively identifies and addresses care gaps to improve outcomes for whole populations, and Upside, a fully managed living option for older adults creating a new category of senior living, announced a partnership to offer a comprehensive health-risk assessment and housing intervention solution to health insurers. This new offering will provide health insurers with actionable intelligence about their members at low, moderate, or high risk for factors such as chronic conditions, lack of medication adherence, preventative care, and social determinants of health measures such as housing.
  • A partnership to accelerate access to technology design capabilities for Scotland’s SMEs was announced by Heriot-Watt University and Technology Scotland. The five-year agreement will see the Medical Device Manufacturing Centre (MDMC), based at Heriot-Watt University, collaborate with Technology Scotland’s networks to accelerate the progression of novel medical and healthcare solutions to market. The partnership will allow MDMC-supported SMEs to engage with Technology Scotland, in particular its Product Design Scotland Network, to advance design requirements with a particular focus on the sustainability of medical devices. The generated knowledge, expertise and innovation will then be shared across Heriot-Watt’s global campuses including Dubai and Malaysia, along with the facility’s partner academic institutions.
  • The Andreessen Horowitz Bio + Health fund developed a strategic partnership with Bassett Healthcare Network, an integrated healthcare system in central New York state. The collaboration aims to leverage digital healthcare technologies from a16z’s portfolio companies to address the inequities and systemic challenges of delivering high-quality healthcare to rural patient populations through Bassett Healthcare Network. Bassett Healthcare Network provides care across five hospitals, more than two dozen community health centers, and over 20 school-based health centers across a 5,600-square-mile service area.
  • Ekosi Health, a Canadian-based and Indigenous-owned healthcare provider specializing in clinical cannabinoid therapy, announced its partnership with Cerebra, a sleep technology company, as the partners run an Observational Study that will assess the effectiveness of cannabinoid therapy on sleep quality. Believed to be the first study of its kind in the field, Cerebra’s Sleep System and its proprietary Odd Ratio Product (ORP) sleep depth metric are being utilized in the comfort of participants' homes to evaluate the effectiveness of cannabinoid therapy, objectively.
  • Visionable, a real-time clinical collaboration platform enabling virtual healthcare models, and Brainomix, an AI-powered medtech solutions company, announced a powerful strategic partnership that is transforming the delivery of stroke care. The two tech-enabled health companies have partnered to collaborate and co-market two complementary solutions through Visionable’s collaboration platform and Brainomix’s e-Stroke AI software to enhance stroke care delivery across the end-to-end pathway, from pre-acute to the intra-hospital.

M&A 

  • VillageMD entered a definitive agreement to acquire Summit Health-CityMD, a provider of primary, specialty and urgent care
  • Anumana, an AI-driven health technology company, acquired NeuTrace, a medical technology company advancing novel in-procedure AI applications for electrophysiology
  • SCP Health, a clinical staffing and outsourced practice management company, completed its acquisition of PREMEDEX, a tech-enabled patient engagement and communications company
  • Viatris, a global healthcare company, acquired Oyster Point Pharma, a biopharmaceutical company focused on the development of therapies to treat ophthalmic diseases, and Famy Life Sciences, a drug development platform 
  • Global Healthcare Opportunities, a specialist investor in global healthcare, and The Vistria Group, a middle-market private investment firm focused on delivering financial returns and societal impact, entered into a definitive agreement to acquire a controlling interest in Alcami Corporation, a pharmaceutical contract development and manufacturing organization
  • Fulgent Genetics, a genetic testing company focused on transforming patient care in oncology, infectious and rare diseases, and reproductive health, completed its acquisition of Fulgent Pharma Holdings, a clinical-stage, therapeutics development company focused on the development of cancer treatments
  • Virtual care services provider Wheel acquired backend technology from GoodRx
  • Elevance Health acquired specialty pharmacy BioPlus from CarepathRx
  • Skye Bioscience, a pharmaceutical company developing a synthetic cannabinoid derivative to treat glaucoma, completed its merger with Emerald Health Therapeutics, a biotech company developing a new class of medicine with precise mechanisms of action targeting neurodegenerative and autoimmune diseases
  • Pennsylvania Ambulance, a provider of pre-hospital emergent and non-emergent patient care, acquired Commonwealth Health Emergency Medical Services, a full-service medical transportation provider
  • Arithmos, provider of digital transformation services for life sciences companies, acquired The Pharmaceutical Code Company, a clinical quality assurance consultancy company 
  • CitiusTech, a provider of healthcare technology and consulting services, acquired Wilco Source, a providers of Salesforce consulting and implementation services for healthcare and life sciences companies
  • TripSitter Clinic, a company that combines telehealth and psychedelic medicine, closed its acquisition of assets of Reconscious Medical, a psychedelic psychotherapy company
  • Zelis, a company modernizing the business of healthcare, completed its acquisition of Payspan, a healthcare electronic payment and reimbursement automation service
  • CareMax, a provider of value-based care to seniors, completed its acquisition of the Medicare value-based care business of Steward Health Care System
  • ELNA Medical, Canada's largest integrated network of medical clinics, acquired m-Health Solutions, a remote health diagnostics and monitoring solution for ambulatory patients

Funding Roundup

  • Hemanext, a blood processing, storage, and transfusion technology company, raised $18 million
  • YonaLink, a clinical trial software provider, raised $6 million
  • Speedoc, a health tech platform that brings hospital care to homes, raised $28 million
  • Sequencing.com, a direct-to-consumer DNA interpretation company, raised $5 million
  • Leva Clinic, a chronic pain and medical cannabis company, raised $3.5 million
  • LevitasBio, an end-to-end sample processing and analysis provider to the life sciences market, raised $35 million
  • Juvena Therapeutics, biotechnology company scaling a computational platform to map the therapeutic potential of secreted proteins, raised $41 million
  • Archy, an all-in-one payments and management platform that powers an entire dental practice, emerged from stealth with $10 million
  • BC Platforms, a provider of healthcare data management and analytics, raised $20 million
  • Luminopia, a company that uses VR to treat neuro-visual disorders, raised $5.7 million
  • AngelEye Health, which connects parents and children in NICU, raised an undisclosed amount of funding
  • SocialClimb, a healthcare marketing platform, raised $8.5 million
  • CureBay, a company that increases access to primary healthcare services for people in small towns and villages by leveraging tech and a network of e-clinics, raised $6.2 million
  • Ibex Medical Analytics, an AI-powered cancer diagnostics company, raised $10 million
  • Local Infusion, an ambulatory infusion center startup, raised $4 million
  • Kalium Health, a provider of real-time blood electrolyte data to transform management of cardiorenal diseases, raised an undisclosed amount of funding
  • QubeHealth, a a health tech company created to offer interest-free healthcare financing to employees, raised an undisclosed amount of funding
  • Fathom, a provider of medical coding automation, raised $46 million

(Image source: builtin.com)

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