Global Edition news

By By Dave Muoio 03:15 pm June 17, 2020
Consumer virtual health and wellness brand Ro highlighted a new partnership with healthcare API company Ribbon Health that will help users and their virtual providers seek out in-person primary and specialty care services in their area. Accessible within the telehealth platform, the new capability is available across the U.S., and includes information on the types of insurance accepted at each...
By By Laura Lovett 03:12 pm June 17, 2020
On Monday Ultromics, maker of an AI-supported cardiac-decision-support tool, scored $10 million in funding. Oxford Sciences Innovation led the round with participation from Mayo Clinic.  This comes just two years after the startup scored £10m in a Series A round also led by Oxford Sciences Innovation. WHAT THEY DO  Founded in 2017, this Oxford University spinout is currently focused on creating...
By By Mallory Hackett 02:10 pm June 17, 2020
New research out of Australia published in the Journal of Medical Internet Research indicates that individuals living during the coronavirus pandemic had significantly worse mental health outcomes than their peers measured before the pandemic. The study used an online mental health-measurement platform to compare the mental health of people before and during the pandemic. Researchers also looked...
By By Mallory Hackett 01:42 pm June 17, 2020
Augmedics, a developer of augmented reality surgical image guidance tools, raised $15 million in Series B funding, led by its U.S. staff. In this nearly unheard of money-raising strategy, the company’s employees formed AUG Management LLC, a limited liability company, and raised $4 million. The remainder of the funds came from existing shareholders AO Invest and Terralab Ventures, and undisclosed...
By By Laura Lovett 01:25 pm June 17, 2020
Yesterday morning Doximity, a self-described social network for doctors, announced that it purchased healthcare-staffing firm THMED.  Following the acquisition, THMED will be changing its name to Curative and will be focusing on personalized medical-staffing searches. Specifically, it will be focusing on connecting medical groups and healthcare facilities to clinicians and will be “powered by”...
By By Dave Muoio 12:05 pm June 17, 2020
Hydrow, maker of a connected rowing exercise machine for consumers, has announced $25 million in new investments, bringing the company's total capital raise to $52 million. L Catterton led the raise, which also included support from prior backers such as Rx3 Ventures. WHAT THEY DO Launched last spring, Hydrow’s consumer device delivers an in-home rowing workout supported by live or on-demand...
By By Dave Muoio 11:59 am June 17, 2020
An unusual summer playoff format will once again have NBA superstars competing for their championship rings, but behind the scenes all players entering the Disney World "bubble" will have the option to monitor their via health sensor-laden smart rings, The Athletic reports. Citing a health-and-safety manual distributed to players by the National Basketball Players Association, the sports...
By By Mallory Hackett 03:42 pm June 16, 2020
This morning BioIQ, a health-testing and biometric-screening technology company, released its at-home COVID-19, Flu A/Flu B, and 21 Test Respiratory Panel saliva test. The company partnered with P23 labs, which already scored an emergency use authorization (EUA) from the FDA for its at-home saliva COVID-19 test kits. Currently, the test is being targeted towards employees, health plan members,...
By By Dave Muoio 02:51 pm June 16, 2020
Proteus Digital Health, maker of an ingestible sensor for tracking medication adherence, filed for Chapter 11 bankruptcy protection yesterday. The news comes months after word that the company had furloughed much of its staff, reassessed its high-profile partnership with Otsuka Pharmaceutical and shifted away from its primary focus area of mental disorder treatment. The "smart pill" maker...
By By Dave Muoio 09:33 am June 16, 2020
With much of the world gradually returning to work after COVID-19 lockdowns, Fitbit sees a new opportunity to engage its employer customers with device- and app-driven health monitoring. The company today announced what it's calling its Ready for Work solution, a service comprising a daily health check-in for employees and an analytics dashboard for their employers, both of which are being...