Dave Muoio

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...
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...
An image of the ECG feature on a Samsung Galaxy smartwatch
By  Dave Muoio 02:03 pm January 26, 2021
Samsung is moving forward with a steady rollout of blood pressure measurement and ECG monitoring on its consumer smartwatches. After securing regulatory approvals and launching the features in South Korea and the U.S. last year, the tech company announced today that both health monitoring tools will soon be released in an additional 31 countries. The expansion follows the Samsung Health Monitor...
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  Dave Muoio 02:03 pm January 25, 2021
Apple has fleshed out its recently launched Fitness+ subscription offering with celebrity-driven audio content that encourages Apple Watch owners to take their device for regular strolls. Called "Time to Walk," the new feature downloads weekly episodes that range from 25 to 40 minutes in length and play through paired Bluetooth headphones. These sessions feature musicians, athletes and other...
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...
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...