StartUPDATES: New developments for healthcare startups

Read about news from healthcare startups including Carrum Health, a surgery benefit business for self-insured employers, and more.

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Carrum Health, an innovative surgery benefit offered to self-insured employers, announced that it is expanding the availability of complex cardiac care for its members with Cleveland Clinic. By joining forces with the leading heart and vascular program in the U.S., Carrum Health can now offer its patients nationwide a wide array of cardiac procedures and surgeries.

“Carrum Health is committed to working with the best-in-class providers to deliver exceptional quality care to our members,” said Sach Jain, CEO and founder of Carrum Health. “We are pleased to be able to bring Cleveland Clinic’s top-rated cardiology services to our members, giving them the opportunity to receive an incomparable level of life-saving care from our country’s leading provider.”

Carrum Health connects self-insured employers and their employees to the best possible care and delivers a superior patient experience. Carrum Health’s employer partners do not have to worry about variation in cost or quality of services because they receive bundled, transparent, and predictable surgery pricing for an entire episode of care, like heart surgery or a joint replacement. As a result, patients save thousands of dollars because copays and coinsurance are 100 percent waived. 

“We are proud to welcome Carrum Health to our Center of Excellence Program,” said Dr. Lars Svensson, M.D., Ph.D., Chairman of the Cleveland Clinic Sydell and Arnold Miller Family Heart, Vascular & Thoracic Institute. “This relationship will allow us to provide access to high-quality heart care to Carrum Health’s members and their families, in a cost-efficient way.”

Anthem has launched an incubator to help digital health entrepreneurs develop sound business plans. The payer uses innovation challenges around the country to prospect members for the invitation only program, according to Inside Indiana Business. Click here to read more.

PhysIQ has hired a chief medical officer. Prior to PhysIQ, Dr. Steve Steinhubl has served as the Director of Digital Medicine at Scripps Research Translational Institute for more than seven years and will continue to serve in this position at SRTI as he joins PhysIQ. As Chief Medical Officer, Steinhubl will support the deployment of PhysIQ’s AI-based analytics platform to health systems and provider groups globally. Click here to read more.

Bold, a subscription-based virtual exercise platform enlisting coaches to help seniors meet wellness goals, has raised $7 million in seed funding. Julie Yoo of Andreessen Horowitz led the funding round. Click here to read more.

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