Dave Muoio

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....
By  Dave Muoio 11:28 am January 4, 2021
DXY, a Chinese company offering an online platform for providers, healthcare organizations and health consumers, announced last week a $500 million raise. Trustbridge Partners led the round that also included support from Tencent Investment and GL Ventures, the company said in a statement. The Series E round brings DXY's lifetime fundraising total to roughly $680 million. The company had reached...
Screens from Apple's online and app-based COVID-19 symptom checker
By  Dave Muoio 03:14 pm December 18, 2020
Like most companies, Apple's plans for 2020 were upended with the rise of COVID-19. After initial hits to its production line, on-and-off store closures and remote working arrangements, executives said during Apple's fiscal fourth-quarter 2020 call that the tech firm weathered the storm with all-time records for revenue, earnings and cash flow – and that's before taking a look at its skyrocketing...
By  Dave Muoio 02:48 pm December 17, 2020
Oscar, a New York City-based health insurance technology company, has raised $140 million in a funding round announced just half a year after its last $225 million raise. The new investment was headed by Tiger Global Management, and also saw funds from Dragoneer, Baillie Gifford, Coatue, Founders Fund, Khosla, Lakestar and Reinvent. WHAT IT DOES Oscar describes itself as the "first-ever...
By  Dave Muoio 12:29 pm December 17, 2020
Following months of regulatory investigation, the European Commission has officially signed off on Google's $2.1 billion purchase of health-wearable-maker Fitbit. Still, the go-ahead is contingent on a handful of commitments from the tech company that focus on its competitive practices across advertising, digital health APIs and smart device interoperability. "We can approve the proposed...
By  Dave Muoio 01:41 pm December 16, 2020
A recent mathematical simulation model found that, compared to other insomnia interventions like group cognitive behavioral therapy or pharmacotherapy, digital CBT delivered via Big Health's Sleepio was more cost-effective due to lower expenditures. The research was funded by Big Health, and conducted by researchers from Johns Hopkins, the University of California, San Francisco, and the digital...
Three screens of the Ellume COVID-19 Home Test App
By  Dave Muoio 03:13 pm December 15, 2020
The U.S. FDA announced today an Emergency Use Authorization for the first over-the-counter COVID-19 diagnostic test for home use. Developed by Australian digital diagnostics company Ellume Health, the single-use kit is accompanied by a Bluetooth-connected app that guides users through the testing process and automatically reports its results for disease monitoring. The test returns its results in...
By  Dave Muoio 12:08 pm December 15, 2020
Modern Health, maker of a mental health and wellness platform for employer customers, has uncorked a $51 million Series C funding round headed by Battery Ventures. The raise also included prior investors Kleiner Perkins, Founders Fund, 01 Advisors, Afore Capital and Okta cofounder Frederic Kerrest, as well as new backer Felicis Ventures. This raise – which lands less than a year after Modern's $...
A product shot of the Bold Health app
By  Dave Muoio 03:16 pm December 14, 2020
Bold Health, a London-based company developing digital therapeutics for gastrointestinal conditions, is backing a new University of Pennsylvania-led study that will directly compare the company's cognitive behavior therapy (CBT) app for irritable bowel syndrome (IBS) to Headspace's consumer mindfulness and meditation app. According to a clinicaltrials.gov listing spotted by Exits & Outcomes,...