March 2, 2021
Online musculoskeletal (MSK) treatment provider SpineZone announced late last week a $12 million Series A funding round. Polaris Partners and Providence Ventures led the round, which also saw support from Martin Ventures.
WHAT IT DOES
SpineZone's MSK services combine guided exercise programs, assessments and coaching, with the option of in-person care. Patients who are referred through primary...
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...
January 8, 2021
Editor's note: This story has been updated with additional information and quotes from Hinge Health.
Hinge Health, a San Francisco company tackling musculoskeletal (MSK) health through digital programs with live virtual sessions, has wrapped up a $300 million Series D round that places its total value at $3 billion, according to a recent announcement.
The "heavily oversubscribed" round was led by...
December 2, 2020
Physitrack, a London-based provider of digital physical therapy and patient engagement technology, is kicking off an M&A push with news that it has purchased one of its primary competitors.
Physitrack CEO and cofounder Henrik Molin told MobiHealthNews that the company has acquired Physiotools, a Finnish company that got its start selling physical therapy books, but over the years shifted its...
October 30, 2020
About the author: Dr. Liz Kwo is currently the staff VP of clinical data analytics at Anthem and a faculty lecturer at Harvard Medical School who previously cofounded and served as CEO of telemedicine second opinion company InfiniteMD. She received an MD from Harvard Medical School, an MBA from Harvard Business School and an MPH from the Harvard T.H. Chan School of Public Health.
July 21, 2020
New research demonstrated that patients using a digital treatment for nonspecific low back pain report significantly stronger pain reduction compared to their peers receiving the standard of care.
The cluster-randomized study, published in the Journal of Pain Research, compared patients using traditional treatment methods to those using a digital program called Rise-uP, which combined electronic...
May 19, 2020
Digital chronic-disease-program company Omada Health is leaping into musculoskeletal care thanks to its acquisition of Physera, an app-based platform that includes remote consultations with physical therapists.
Although the deal was announced today, Omada said it will "immediately" begin offering the MSK program to its employer, health plan and individual customers.
“Integrating a digital...
February 27, 2020
This morning digital physical therapy program Sword Health announced that it scored $9 million in the second phase of its Series A funding round, which brings the round's total to $17 million. Khosla Ventures led with participation from Founders Fund, Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures.
This news comes roughly a year after the startup announced the $8 million...
February 4, 2020
Hinge Health, the maker of digital programs for chronic musculoskeletal (MSK) health, has closed $90 million in a new round led by Bessemer Venture Partners. Lead Edge Capital also took part in the Series C, as did prior backers Insight Partners, Atomico, 11.2 Capital, Quadrille Capital and Heuristic Capital.
Hinge had been courting investors throughout the course of the last quarter, and...
March 13, 2019
Physera — an app-based platform for musculoskeletal (MSK) exercises and remote consultations with physical therapists — has raised $8 million in a Series A round headed by BlueCross BlueShield Venture Partners.
With this, the company has now raised more than $10 million in total, and counts Innovation Endeavors, Lux Capital, Expa, Slow Ventures, iD Ventures, J-Angels, Rock Health’s Halle Tecco...