Investors

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...
By  Chris Hogg 12:01 pm January 8, 2021
This is not a story about COVID-19, although COVID-19 is a key catalyst. This is the story of a new healthcare ecosystem, which will allow the development of new, diverse and creative healthcare experiences. Today I can acquire a user on Facebook, give them access to physicians via partnership with Wheel, have medicines seamlessly shipped to their homes via Truepill [Editor's note: Hogg is a...
An image of Amazon's headquarters
By  MobiHealthNews 02:57 pm January 7, 2021
Alexa, listen to me sleep. Hot on the heels of its Halo fitness, weight and sleep wearable, Business Insider reports that Amazon is also working on a contactless bedside device for tracking sleep apnea. The device in development reportedly uses millimeter-wave radar to watch breathing and movement. Codenamed "Brahms," the tracker is roughly the size of a palm, and would speak with other connected...
Sarah Jones of Best Buy Health

Sarah Jones

By  Laura Lovett 01:53 pm January 7, 2021
Best Buy has long been a staple of big box retail stores in the U.S. However, its efforts in the healthcare space span more than a decade. Today the retail giant is looking to the future and taking advantage of the new digital opportunities that have presented themselves within the last year. MobiHealthNews sat down with Sarah Jones, vice president for commercial product at Best Buy Health, to...
Franklin with a medical mask on a 100 dollar bill
By  Dave Muoio 11:19 am January 7, 2021
Mercom Capital Group has released its tally of 2020's digital health funding: $14.8 billion in equity raised across 637 deals, as well as $6.8 billion in debt and public market financing across 26 deals. These represent a respective 66% and 278% increase over the firm's count for 2019, according to the Mercom report released yesterday. In total, 1,694 different investors took part in these deals...
By  Laura Lovett 10:43 am January 6, 2021
There’s no denying that 2020 created major disruption in the healthcare space, the largest many have seen in a lifetime. During this time digital health came to the forefront. However, with vaccine distribution kicking into gear, 2021 may have its own advancements. MobiHealthNews sat down with healthcare veteran Paul Brient, SVP and chief product officer at athenahealth. Looking back at 2020, it’...
Color's COVID-19 testing kit
By  Laura Lovett 11:28 am January 5, 2021
This week population health and genomics company Color became digital health’s latest unicorn after scoring $167 million in Series D funding. General Catalyst led the round with participation from funds and accounts advised by T. Rowe Price Associates and Viking Global Investors. The company now boasts of $278 million in financing with a valuation of $1.5 billion. WHAT IT DOES Color created a...
By  Dave Muoio 11:19 am January 5, 2021
Today SocialClimb, the maker of marketing software for providers, announced a $12 million investment from Resolve Growth Partners. WHAT IT DOES The company's tools focus primarily on reputation management and digital advertising that targets "more profitable" patients. Core to the offering is automated messaging to encourage patients to leave reviews on various social platforms. It also tracks...
Former Haven Dr. CEO Atul Gawande

Former Haven CEO Dr. Atul Gawande (Lisa Lake/Getty Images for Geisinger)

By  Dave Muoio 02:36 pm January 4, 2021
Haven, the high-profile joint venture from Amazon, Berkshire Hathaway and JPMorgan Chase, is officially calling it quits after a nearly three-year run. The company had sought to leverage each of the three business' strengths to devise a new model for employee health coverage and access to care, but launched relatively few projects and shed a number of key employees near the end of its lifetime....
23andMe
By  Laura Lovett 01:23 pm January 4, 2021
After a year of financial struggles, consumer genomics company 23andMe raised just under $82.5 million in equity funding, according to SEC filings. Veteran health tech investors Sequoia Capital and NewView Capital participated in this latest round, according to the Wall Street Journal. Historically, 23andMe has had a number of large investments, including a $300 million investment from pharma...