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By Dave Muoio June 13, 2019
At-home fertility testing startup Modern Fertility has raised $15 million in Series A funding in a round led by Forerunner Ventures and its founding partner, Kirsten Green, who will be joining the company’s board. WHAT THEY DO Modern Fertility’s direct-to-consumer business starts when the customer requests a personalized at-home test, or opts to take it at a local lab. Once the results are...
By Dave Muoio June 13, 2019
Genome Medical — a company that offers patient-facing virtual visits and provider-facing consultations with genetic experts — has raised $23 million in Series B funding. The round brings Genome Medical to $46 million in total funding. The round was led by Echo Health Ventures, with participation from LRVHealth, Casdin Capital, Perceptive Advisors, Manatt Venture Fund and Dreamers Fund, as well as...

Screengrab of the Wellthy Therapeutics website.

By Dean Koh June 12, 2019
At the 79th Annual Scientific Sessions of the American Diabetes Association in San Francisco, pharma giant Roche and India-based digital therapeutics company Wellthy Therapeutics presented real world data of improved diabetes care outcomes in a South Asian population when patients followed prescribed plan of medication and lifestyle modification in conjunction with a combination therapy of self-...
By Dave Muoio June 12, 2019
Yesterday, CVS Health unveiled Vendor Benefit Management, a new service that will help CVS Caremark pharmacy benefit management (PBM) clients roll out and manage third-party health products. As the service is applicable to both digital and non-digital health and wellness products, the company has decided to inaugurate its initiative by announcing Big Health — maker of the CBT-based sleep app...
By Dave Muoio June 12, 2019
Gympass, a platform that offers fitness classes through an employer’s benefits program, announced today new strategic funding led by SoftBank’s Vision Fund Lain America Fund, and support by previous backers such as General Atlantic, Atomico and Valor Capital Group. Bloomberg and others are pegging the investment at $300 million, lending the startup a $1 billion-plus valuation when taking its...
By Laura Lovett June 12, 2019
As more stakeholders enter the digital health arena looking to partner, miscommunications and misconceptions are increasingly common. In order to circumvent this potential Tower of Babel problem, collaboration and shared goals are essential, according to speakers on the Pharma Innovation Beyond the Pill panel at Health 2.0 Europe in Helsinki today.  While there are pitfalls in any partnership,...
By Philipp Grätzel von Grätz June 12, 2019
In a recent survey by the Finnish Innovation Fund Sitra, four out of ten Europeans said that a lack of trust towards service providers was preventing them from using some digital services. At the same time, nearly seven out ten European said it should be possible to identify digital services that use data in a fair way.   Surveys like these are among the reasons why a number of stakeholders...

From left to right: Wojciech Radomski, StethoMe CEO and cofounder, Dario Mazzella, META Group innovation expert, Friedrich Lämmel, Thryve CEO and cofounder

By Leontina Postelnicu June 12, 2019
Last week, Santosh Mohan, managing director of the Brigham Digital Innovation Hub, cautioned during an Enterprise Insights Series event in Boston that the digital health market was still in its “early days”, with many expectations unfulfilled as of yet. “I want to say we are not in an investment bubble. I think the digital health solutions have started to show value and we are moving beyond...
By Dave Muoio June 11, 2019
A new report from Royal Philips exploring the progress and shortcomings of digital health pinpointed infrequent patient data sharing as a frequent barrier to high-quality care and healthcare innovation. This trend was consistent across several global regions, despite increasing interest and advocacy for such approaches among patients and providers alike. “Two-way sharing of information is not...
By Dave Muoio June 11, 2019
Medically Home Group, a services company that supplies remote care technology for at-home acute care, has added a $10 million strategic investment from Cardinal Health and other unnamed backers of its ongoing Series B funding round. WHAT THEY DO The company pitches its “Virtual Hospital” service as an alternative to lengthy and expensive hospital stays. It deploys monitoring and communication...

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