MedCitizens

StartUPDATES: New developments for healthcare startups

Check out new developments from healthcare startups across primary care, women’s health, diabetes management and digital health.

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Bright.md was recently named by Chilmark Research as Vendor to Watch in their latest report “Primary Care for the 21st Century: Technology-enabled and On Demand.” The report lauds Bright.md’s ability to make positive impacts on access, burden, and costs—for both providers and patients.

Chilmark researcher Alex Lennox-Miller identifies “three types of solutions that can contribute to or complement the modern technology-enabled primary care practice, promising to meet the challenges of increased demand, changing needs, and evolving payments.” These solutions include Telemedicine; Virtual and Remote Care Platforms; and AI-enabled Assistants, Symptom Checkers, and Chatbots.

“Once again, Chilmark has proven its researchers have their fingers on the pulse of what is driving change in health care,” said Dr. Ray Costantini, Bright.md CEO and co-founder. “The Bright.md team and I are honored to be recognized. And we’re beyond excited that the potential of care automation is evident to a well-respected analyst who knows his way around health care.”

Tonic Health, a company that provides check-in and payment services for hospitals, was acquired by SCI, which subsequently got snapped up by revenue cycle management business R1. Click here to read more.

Virta Health, which has focused on diabetes management, raised $93 million in a Series C round. Caffeinated Capital led the round with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC. Click here to read more.

Advantia, a women’s healthcare startup, has raised $45 million from BlueMountain Capital Management LLC. The funding will be used to expand the company’s provider network, add to its technology offerings and open a flagship clinic in the nation’s capital. Click here to read more.

Picture: akindo, Getty Images