Dave Muoio

The BodyGuardian Mini Plus device and companion app

Preventice Solutions' BodyGuardian Mini Plus device and companion app.

By  Dave Muoio 02:40 pm January 21, 2021
Preventice Solutions, the maker of various wearable cardiac sensors for remote patient monitoring, is set to be acquired by medical technology firm Boston Scientific for $925 million, with as much as $300 million in potential commercial milestones on the table as well. Due to Boston Scientific's existing 22% equity stake in Preventice, those price tags translate to $720 million and a potential $...
Hims & Hers logo
By  Dave Muoio 12:16 pm January 21, 2021
Consumer telehealth and wellness brand Hims & Hers wrapped up its merger with special purpose acquisition company (SPAC) Oaktree Acquisition Tuesday, and today began trading on the New York Stock Exchange. The deal was first announced in October, and was originally expected to close before the end of its Q4 2020. After Tuesday's approval, the deal has provided Hims with $279.5 million, $205...
By  Dave Muoio 12:18 pm January 20, 2021
Israeli continuous remote patient-monitoring company Biobeat is taking its business beyond the hospital with the launch of a home-based version of its technology. The new offering comes in the form of a take-home kit consisting of a wireless photoplethysmography (PPG) vitals monitor, adhesives used to place the monitor on the patient's chest and an instruction manual. It also includes iOS and...
Examples of K Health app screens
By  Dave Muoio 01:17 pm January 19, 2021
K Health, a startup combining a free symptom checker with text-based telehealth and virtual primary care, has announced $132 million Series E – its third major raise within the course of a year. GGV Capital, Valor Equity Partners and Kaiser Permanente pension fund headlined the raise, with GGV Managing Partner Hans Tung and Valor founder and CEO Antonio Gracias joining K Health's board. Other...
Healthcare worker in a video conference
By  Dave Muoio 03:00 pm January 15, 2021
For all of the weight healthcare disruptors throw behind the idea of innovation, there's something to be said about moving too fast and breaking too many things. Adoption of new digital tools should never lead to an interruption in patients' care. COVID-19, however, wasn't the type of disruption that health systems had on their calendars. A shift away from in-person visits and a skyrocketing...
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  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...
By  Dave Muoio 03:11 pm January 13, 2021
Period and fertility-tracking-app maker Flo Health has settled with the Federal Trade Commission regarding a complaint alleging improper disclosure of sensitive user data to third-party marketing and analytics services from Facebook, Google and others, the agency announced today. The FTC's complaint listed several ways in which Flo deceived its users. These included messaging from the company...
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  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,...