Investors

By Dave Muoio May 4, 2018
EHR vendor Allscripts has made an agreement to purchase patient communication app maker Health Grid for $60 million in cash, with an additional $50 million in earnout payments based on Health Grid achieving certain revenue targets over the next three years, according to a recently registered SEC filing. The merger of the two companies is expected to close sometime during Q2 2018. “The growing...
By Dave Muoio May 3, 2018
Amidst big gains in total revenue, memberships, and user engagement, Q1 2018 earnings reported by Teladoc show that the telemedicine company is still a long way from turning a profit. But while this quarter’s reported net loss of $23.9 million is a noticeable increase over the $15.7 million of the same time last year, CEO Jason Gorevic said during an investor call that the company is still on...
By Jonah Comstock May 2, 2018
CEO Ron Gutman is out at HealthTap, a digital health company that over the years has dabbled in doctor reviews, telemedicine, health app curation, chatbots, employee wellness, and more.  Recode broke the news of Gutman's dramatic departure after the board took the drastic measure of converting their preferred shares in the company into common shares in order to break a months-long deadlock with...
By Dave Muoio May 2, 2018
In a recent medium.com blog post, Daphne Koller — an artificial intelligence researcher at the Department of Computer Science at Stanford University and, until just a few months ago, chief computing officer at Alphabet’s Calico Labs — announced her up-and-coming foray into machine learning-powered drug discovery. Called insitro (a portmanteau of “in silico” and “in vitro”), the new endeavor looks...
By Laura Lovett May 2, 2018
Editor's note: This story has been updated with comments from Cera. London-based homecare company Cera announced that it has raked in $17 million in Series A funding with investors including Guinness Asset Administration, Yabeo, and Kairos.  The web-based platform was set up to help elderly people find care and support in their community. Its services include elderly care, palliative care,...
By Dave Muoio May 2, 2018
Santa Monica, California-based Casetabs, which sells a cloud-based app designed for surgery coordination and communication, has raised $6 million in Series A funding, according to a statement. The investment round was led by Nueterra Capital and Evolution Financial Group. "Together with our team and customers, we have built a proven solution that breaks down traditional communication barriers...
By Dave Muoio May 2, 2018
San Francisco-based wearable tech company iBeat announced today that it has closed an additional $5.5 million in seed funding, bringing its total round to $10 million. The backing came from new investors Kairos, 8VC, City Light Capital, Plug and Play Ventures, and ChinaRock Capital Management, as well as a collection of angel investors including Tony Robbins, Josh Kazam, Shlomo Ben-Haim, Dr. Fred...
By Laura Lovett May 1, 2018
Suki, a startup that makes an AI-powered and voice-enabled digital assistant for doctors, has just landed $20 million in a funding round led by Venrock, with participation from First Round, Social Capital, and Marc Benioff.  The technology was developed to help doctors handle paperwork and update a patient's EHR. The technology is also designed to gradually personalize itself based on each...
By Dave Muoio May 1, 2018
Health2047, a technology innovation enterprise focused on revamping healthcare, announced today a $27.2 million follow-on investment from the American Medical Association (AMA), its founding partner, and a slew of new hires spearheaded by the recent appointment of a new CEO. According to a statement, the funding will go toward the development and commercialization of “promising new technology-...
By Mike Miliard April 30, 2018
In its second acquisition this year, InTouch Health, which develops enterprise telehealth technology for hospitals and health systems, announced that it has acquired Reach Health, another telemedicine platform. The InTouch-Reach deal happened on the same day that American Well bought Avizia for its telehealth technologies that specialize in acute care services. InTouch Health officials said the...

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