Digital Health

User opening up the Cue Health Monitoring System
By  Mallory Hackett 01:45 pm May 14, 2021
Cue Health, a rapid diagnostics startup with a connected testing device platform, has closed a massive $235 million private financing round. Investments were made by new backers Perceptive Advisors, MSD Capital and Koch Strategic Platforms, as well as by existing investors including Johnson & Johnson Innovation, Decheng Capital, CAVU Ventures, ACME Capital, and others. This latest cash...
Business people shaking hands
By  Mallory Hackett 11:32 am May 14, 2021
Patient financial engagement company Cedar is beefing up its platform by purchasing OODA Health, a healthcare administrative platform for payers and providers, for $425 million. The combined company will bring together Cedar’s patient-facing platform that creates a personalized billing experience for each user with OODA’s platform that seeks to cut back on administrative waste by enabling back-...
By  Laura Lovett 02:26 pm May 13, 2021
When it comes to healthcare, it's no secret that patients with fewer resources often have worse medical outcomes than their wealthy peers. But speakers at International Vatican Conference for health urged lawmakers and health professionals to start with the poor. Dr. Paul Farmer, cofounder and chief strategist at Partners in Health said that some countries are already starting to build with the...
myStrength Complete dashboard
By  Mallory Hackett 01:56 pm May 13, 2021
Virtual care giant Teladoc is building out its behavioral health services through its latest program, myStrength Complete. The new offering is designed to give users a single integrated mental healthcare experience. It combines the app-based models of care from myStrength with Teladoc’s on-demand therapists and psychiatrists. “We are connecting the full range of mental health services from apps...
Doctor using an iPad
By  Mallory Hackett 01:01 pm May 12, 2021
Healthcare SaaS provider DrFirst collected an additional $50 million equity investment from Sixth Street Growth, following the firm’s $35 million investment from last year. Between Six Street Growth’s contributions and another $50 million from Goldman Sachs Growth, DrFirst has raised $135 million in the past year alone. In addition to its investment, Sixth Street Growth principal Lee Mooney has...
Bose SoundControl Hearing Aids in their case on a table next to an iPhone
By  Mallory Hackett 11:31 am May 12, 2021
Audio equipment maker Bose is wading into the world of hearing loss with the launch of its FDA-cleared SoundControl hearing aids. The hearing aids were developed for adults with perceived mild to moderate hearing loss and are available direct-to-consumer without a prescription. When paired with the connected Bose Hear app, users can fit, program and control their SoundControl hearing aids...
AI, drug discovery, facioscapulohumeral dystrophy
By  Tammy Lovell 01:53 am May 12, 2021
French artificial intelligence (AI) startup Iktos and drug discovery firm Facio Therapies have announced they are collaborating to design treatment for the skeletal muscle wasting condition facioscapulohumeral dystrophy (FSHD). Under the agreement, Iktos will apply its de novo ligand and structure-based generative modelling AI technologies in one of Facio’s drug discovery programmes. The...
Radiologist examining a mammogram scan on a monitor
By  Mallory Hackett 01:10 pm May 11, 2021
A new startup called Whiterabbit has emerged from stealth to announce its new CEO and the FDA clearance of its artificial intelligence-enabled breast cancer screening product. The company has developed a line of products targeting the mammography space to enable early and accurate breast cancer detection, with the goal of eradicating late-stage breast cancers in the U.S. by 2025. The WRDensity...
Patient consulting with a health coach on their laptop
By  Mallory Hackett 11:14 am May 11, 2021
YourCoach.Health, a practice management platform for health and wellness coaches, is taking its services corporate by launching an employee-centric version of its platform. The company is now partnering with employer organizations to provide health and wellness coaching to workers. Using its patent-pending algorithms and a YourCoach concierge, the company pairs each employee with a health coach...
Hand holding Bigfoot rapid-acting smart insulin pen
By  Mallory Hackett 11:58 am May 10, 2021
This morning, Bigfoot Biomedical announced it has received FDA 510(k) clearance for its Bigfoot Unity Diabetes Management System. The system was cleared for use among individuals 12 years old and up with Type 1 or Type 2 diabetes who use multiple-dose injection therapy. Included in the Bigfoot Unity System are two smartpen caps for both rapid- and long-acting insulin, a connected mobile app, an...