San Francisco
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Health IT, Startups, Health Tech
Mobile EHR startup DrChrono raises $12M, plans to build out telehealth features
DrChrono, one of the first companies to build out a mobile-friendly EHR, raised $12 million in funding. The startup plans to use the funds to build out its telehealth platform.
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One Medical expands into Medicare with $2.1B Iora purchase
Primary care startup One Medical is buying Iora Health for $2.1 billion. The deal will give One Medical a bigger geographic footprint, and crucially, a bigger presence among people covered by Medicare.
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A status report on healthcare’s adoption of digital documents
The Covid-19 pandemic has given a new sense of urgency for healthcare organizations to shift parts of their business that rely on paper-based documents to digital documents. That’s just one of the findings of a survey of healthcare organizations in a new report.
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Startups, Health Services, Physicians
Doximity carves out a portion of IPO for physician users
Doximity, the “LinkedIn for physicians,” is preparing for an IPO. In an unusual move, it’s setting aside a portion of its shares for some of its users.
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FDA authorizes Vir & GSK Covid-19 drug, introducing third antibody option
FDA authorization of the Covid-19 antibody drug from Vir Biotechnology and GlaxoSmithKline adds a third antibody drug for treating early cases of the disease that are at risk of progressing to hospitalization. The companies say they plan to launch the drug, named sotrovimab, “in coming weeks.”
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Truepill becomes a ‘triple threat’ with diagnostics
Truepill, the company operating behind-the-scenes to help digital health companies with pharmacy fulfillment and telehealth visits, has added a third feature: at home testing. CEO Umar Afridi hopes the trio of services will create a seamless experience for most people’s basic health needs.
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Cedar bulks up billing platform with $425M acquisition
Healthcare payments startup Cedar acquired another billing startup, OODA Health, for $425 million. The deal would bring together billing tools for providers and payer onto one platform.
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Startups, Employee Benefits, Payers
Big commercial insurer strikes partnership with Collective Health
Health Care Service Corporation, the fifth largest commercial insurer in the U.S., will offer Collective Health’s benefit navigation platform to its self-funded customers next year. HCSC also led a $280 million funding round in the company.
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Employee Benefits, Health Services, Health Tech
Accolade to acquire telehealth startup PlushCare for $450M
Care navigation company Accolade struck an agreement to buy telehealth startup PlushCare for $450 million. The goal is to support primary care physicians with information about a patient’s health and benefits, CEO Rajeev Singh said.
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Better Therapeutics plans to go public through SPAC merger
Digital health startup Better Therapeutics plans to go public through a SPAC merger that would value it at $187 million. The company is currently running a pivotal study to see if its app-based program could be used as a treatment for type 2 diabetes.
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Expand your virtual care potential with deviceless remote patient monitoring
Examine the 3 major challenges associated with device-based remote patient monitoring and learn how a deviceless strategy can overcome them.
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Health analytics startup Komodo passes $3.3B valuation
Komodo, a data analytics startup building out information on patient encounters and outcomes, raised $220 million in funding. It plans to use the funds to build out its platform and further integrate it in users’ workflows.
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Startups, Artificial Intelligence, Health Tech
Stroke detection startup Viz.ai raises $71M
Viz.AI, a San Francisco-based care coordination startup, raised $71 million in series C funding. The company plans to use the funds to build out its platform beyond coordinating care for stroke.
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SEC charges uBiome co-founders with $60M securities fraud
The agency charged the co-founders of the failed fecal microbiome startup with defrauding investors. The SEC is seeking a court order that would bar uBiome’s co-founders from serving as officers or directors, and require them to give up any ill-gotten gains.
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Livongo founder’s newest venture: a health navigation startup
Livongo Founder Glen Tullman is leading a new healthcare venture. Called Transcarent, the patient navigation platform strikes risk-sharing agreements with employers.
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Startups, Telemedicine, Health Tech
Grand Rounds strikes merger with Doctor on Demand
In another big tie-up between a telehealth and digital health company, Grand Rounds and Doctor on Demand reached a merger agreement. Grand Rounds CEO Owen Tripp will serve as CEO of the combined business.
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Vir Biotechnology, GSK Covid-19 antibody shows ‘profound efficacy’ in Phase 3 study
The positive data for the antibody drug from Vir Biotechnology and GlaxoSmithKline give a clearer picture of how and when these treatments could help. Last week, a different pivotal study testing the same drug in hospitalized patients yielded murkier results.
Promoted
A new way to access scientific papers?
For researchers who aren’t affiliated with an academic library, finding scientific papers can be time-consuming and expensive—and organizing and sharing them with co-workers can be even harder. A new tool by DeepDyve looks to help researchers address this gap.
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Improving the patient experience without undermining care navigation
Since the start of the pandemic, patients have more options as to how they access healthcare than ever before. A new report from Bright.MD shares insights on how to create a hybrid model of care that raises awareness of those choices and their benefits.
