Investors

By  Laura Lovett 02:15 pm January 28, 2021
Patient engagement platform GetWellNetwork announced it has acquired patient-messaging company Docent Health for an undisclosed sum. As part of the deal, GetWellNetwork will be able to offer Docent Health’s tool as a combined offering with its other services. The messaging service uses artificial intelligence to message patients about their care. Additionally, its platform is able to collect...
By  Dave Muoio 01:32 pm January 28, 2021
This week Reuters reported that two more major digital health companies are discussing potential merger agreements with special purpose acquisition companies (SPACs) that would lead to multibillion dollar valuations. The first, reported late Tuesday, is app-based patient-engagement and benefits-navigation platform Sharecare. Per Reuters' anonymous sources, the proposed deal would see Sharecare...
By  MobiHealthNews 02:49 pm January 27, 2021
TimelyMD, a telehealth provider targeting college and university customers, has picked up a $60 million investment from JMI equity. The company acts as an extension of a school's existing student health facilities, offering round-the-clock medical, mental health, psychiatry and health-coaching virtual visits. The company said that it has a presence on 80 campuses, and is now available to 10 times...
A product shot of Upright's digital MSK offering.
By  Dave Muoio 02:01 pm January 27, 2021
DarioHealth announced today that it is expanding its digital chronic-disease-management business beyond diabetes and hypertension with the purchase of Upright Technologies, a musculoskeletal (MSK) health company that specializes in connected posture correction devices and digital coaching. The deal is expected to close on or around February 7, and will run DarioHealth $31 million to complete the...
Calibrate
By  Laura Lovett 02:53 pm January 26, 2021
Weight management platform Calibrate announced a $22.5 million in Series A led by Threshold Ventures, with participation from Forerunner Ventures and Redesign Health. This comes roughly six months after the company launched with a $5.1 million boost in seed funding from Forerunner. WHAT IT DOES Calibrate’s goal is to help its users reset their metabolism. Users start the program by getting a...
Sidecar app on smart phone
By  Dave Muoio 09:08 am January 26, 2021
Price transparency and direct-payment insurance startup Sidecar Health has announced a $125 million Series C round led by Drive Capital. New investors BOND, Tiger Global and Menlo Ventures, as well as prior backers Cathay Innovations and GreatPoint Ventures, also participated. This raise is a substantial jump in size from its $20 million round back in July or its $18 million raise from 2019. With...
By  Laura Lovett 03:07 pm January 25, 2021
Digital mental health startup Hurdle, previously Henry Health, scored $5 million in seed funding today for its platform that focuses on culturally competent therapy. The latest round was led by 406 Ventures and Seae Ventures, with participation from F-Prime. WHAT IT DOES The company pitches itself as a virtual mental health provider that specializes in culturally competent care. Patients can...
By  Dave Muoio 10:22 am January 25, 2021
Cardiac-monitoring device maker Bardy Diagnostics has agreed to an acquisition by Hillrom, a medical technology provider specializing in smart hospital beds and other connected monitoring tools. The $375 million deal is expected to close during fiscal Q2 2021. Bardy's flagship product is the Carnation Ambulatory Monitor, often referred to as the CAM patch. It's a P-wave signal-capturing wearable...
By  Jessica Zeaske 10:13 am January 22, 2021
With the use of digital health products and services in overdrive, veteran investors and newcomers alike are lining up to fund new ventures, including those that involve the lifeblood of the healthcare industry: data. While new investors are bullish about a digital health sector that – so far – seems to have no ceiling, those of us who were backing data companies through the 2001 recession, the...
By  MobiHealthNews 03:16 pm January 21, 2021
The start of the Biden administration has signaled a changing of the guard throughout the U.S. Department of Health and Human Services. For the FDA, Commissioner Dr. Stephen Hahn has stepped down and has been replaced by acting Commissioner Dr. Janet Woodcock. She joined the agency's Center for Biologics Evaluation and Research in 1984 and held the position of Center for Drug Evaluation and...