Investors

By  Dave Muoio 03:11 pm January 14, 2021
AI-enabled diagnostic and treatment platform Paige (formerly Paige.AI) has announced a $100 million Series C round led by Casdin Capital and Johnson & Johnson Innovation. The startup's prior backers and other unnamed funds also took part in the raise.   Paige uses computational and digital pathology to help oncologists and pathologists make decisions faster, more accurately and at a lower...
By  Laura Lovett 11:46 am January 14, 2021
This week, digital health company Amalgam Rx announced it has acquired clinical-decision-support company Avhana Health for an undisclosed sum. This will mark a new service for Amalgam Rx, which has been expanding its services since it was founded in 2016, and spans multiple facets of digital health, including patient support programs, digital therapies and combination products. Avhana’s platform...
By  Dave Muoio 11:28 am January 14, 2021
Fourteen-and-a-half months later, Google has finally completed its acquisition of health wearables company Fitbit. The news was announced this morning in complementary statements from Fitbit cofounder and (now previous) CEO James Park and Rick Osterloh, Google's SVP of devices and services. "This is just the beginning because becoming part of the Google family means we can do even more to inspire...
A telehealth visit via smartphone
By  Dave Muoio 11:45 am January 13, 2021
Teladoc Health has launched new pilots of its virtual primary care program and hopes to explore its take on a hospital-at-home offering with large health system partners before the end of the year, CEO Jason Gorevic said this week during a J.P. Morgan virtual presentation. Shortly after the talk, Teladoc also announced a new pilot with continuous glucose monitor (CGM) company Dexcom for eligible...
By  Laura Lovett 01:42 pm January 12, 2021
The digital health space is continuing to see the rise in women’s health companies. One of those bourgeoning companies is Nurx, which has already raked in a cool $113 million in venture funding. MobiHealthNews sat down with Nurx’s CEO Varsha Rao to talk about what we saw in 2020 and what she predicts will happen to the digital women’s health space in 2021. Looking back at last year Rao said she...
By  Dave Muoio 11:48 am January 12, 2021
Digital health investment firm Rock Health is the latest market spectator to tally up and break down what's widely being considered an exceptional year in activity and fundraising. Per the firm's 2020 Market Insights Report, released yesterday, the space claimed $14.1 billion of investments spread across 440 deals. By their reckoning, this represents a respective 72% and 15% increase over 2018,...
By  Dave Muoio 02:01 pm January 11, 2021
Biogen has announced a new multiyear research study on cognitive decline that will be conducted using the Apple Watch and iPhone. The observational study is being conducted in collaboration with Apple, according to the announcement, and is set to kick off later this year. The project's primary goal is to establish digital biomarkers for monitoring long-term cognitive performance and to spot early...
Amwell CEO Roy Schoenberg
By  Laura Lovett 01:57 pm January 11, 2021
After years of telehealth investment and validation, 2020 finally saw the future of telehealth come to fruition. Across the board big telehealth companies reported a rapid adoption of the technology and financial numbers to go with it. Amwell specifically went through a metamorphosis this year, not only seeing new market growth, but also taking the company to the public market through an IPO. ...
By  Dave Muoio 02:41 pm January 8, 2021
Editor's note: This story has been updated with additional information and quotes from Hinge Health. Hinge Health, a San Francisco company tackling musculoskeletal (MSK) health through digital programs with live virtual sessions, has wrapped up a $300 million Series D round that places its total value at $3 billion, according to a recent announcement. The "heavily oversubscribed" round was led by...
By  Laura Lovett 01:59 pm January 8, 2021
In 2020 health tech finally had its day in the spotlight and made it into nearly every provider organization due to the coronavirus pandemic. However, as more and more Americans are vaccinated, some of that brick-and-mortar care will return.  Regardless, it's clear to see that digital health is here to stay. MobiHealthNews did our best to look into the crystal ball and made five predictions about...