Investors

By Jonah Comstock February 28, 2019
Dexcom held its Q4 2018 earnings call last week, reporting an overall very strong year, but also announcing outsourcing plans that will likely lead to layoffs in the US. The company broke $1 billion in annual revenue in 2018, CEO Kevin Sayer said on the call, while increasing adoption, especially in Medicare and international markets, both of which are new to the company. And the company has set...

Nutrimedy's Director of Nutrition Services and Engagement Mallory Franklin. Photo courtesy of Boston Scientific.

By Dave Muoio February 28, 2019
Patient engagement and purposeful data implementation were common discussion points during the finals of a digital health pitch competition held last night inside Google’s Cambridge, Massachusetts offices. First kicked off in October, the fourth annual Connected Patient Challenge — cosponsored by Boston Scientific and the tech giant — featured six startup finalists whose offerings were...
By Dave Muoio February 28, 2019
Rightway Healthcare, a provider of patient-facing care navigation tools for employee populations, has raised $8 million in Series A financing. Support came from unnamed backers new and old, with individual investor Jonathan Locker joining the company’s board. What they do Founded in 2017, Rightway Health develops a smartphone and web service that helps employees understand and utilize the health...
By Jonah Comstock February 27, 2019
Guidewell Connect, a consumer engagement company that shares a parent company (Guidewell) with health insurer Florida Blue, has acquired Onlife Health, a health and wellness technology platform, from Blue Cross Blue Shield of Tennessee and Cambia Health Solutions. The terms of the deal were not disclosed. Onlife offers member engagement services that include wellness and chronic condition...
By Dave Muoio February 27, 2019
Healthcare software and services company WellSky (previously known as Mediware) announced yesterday the acquisition of Health Care Software (HCS), which specializes in clinical and financial software for long-term care settings. The terms of the deal were not disclosed. Although HCS will keep its New Jersey office and continue operations, the company will gradually transition into the WellSky...
By Laura Lovett February 27, 2019
Looking to the emergency medicine space, this morning interoperable health IT company Medsphere Systems Corporation announced that it is set to acquire Wellsoft, a company that specializes in ED information systems.  As part of the deal Medsphere will be acquiring Wellsoft’s signature product, the Emergency Department Information Systems (EDIS), which is targeted at improving workflow in EDs and...
By Laura Lovett February 27, 2019
This morning primary care and insurance navigation platform Eden announced a $10 million Series A funding round led by Greycroft, with participation from PJC, 645 Ventures, Max Ventures, Convene, Aspect Ventures and Brand Foundry.  What they do  The company focuses on providing primary care and insurance navigation directly to employers.  “When we were launching the company the intention was to...
By Jonah Comstock February 20, 2019
Patient feedback processing company Narrative Dx has raised a strategic funding round led by Christiana Care Health System, Summation Health Ventures (founded by Cedars-Sinai Medical Center and MemorialCare Health System) and The Texas Medical Center, with additional participation from existing investors HealthX Ventures and Cultivation Capital. The company didn’t disclose the amount of the...

Photo by Monty Rakusen (Getty).

By Jonah Comstock February 19, 2019
Clinical data analysis company Covera Health has raised $8.5 million in a Series A funding round led by Equity Group Investments (EGI). Additional undisclosed strategic and individual investors also contributed to the round. This is Covera’s first round of institutional funding. What they do Covera Health uses data analytics to help its payer and employer customers choose the best providers and...
By Laura Lovett February 19, 2019
Last week Vicarious Surgical, a Cambridge, Massachusetts-based startup that combines virtual reality with surgical robotics, announced that it closed a $10 million funding round. Gates Frontier led the round with participation from Khosla Ventures, Innovation Endeavors, AME Cloud Ventures and Marc Benioff.  What they do  The company said that by using its VR and surgical robotic technology,...