Transcarent, a digital platform focused on the self-insured employer market, announced it secured a $126 million Series D investment. The funds bring the unicorn company's total raise to $450 million and valuation to $2.2 billion.
General Catalyst and 7wireVentures led the round, with participation from new investors Memorial Hermann Health System and Geodesic Capital.
Former investors Human...
Value-based cancer care platform Thyme Care is launching Enhanced Supportive Care, a virtual palliative care support program to assist its members and caregivers with managing physical and psychological symptoms accompanying cancer diagnosis and treatment.
The program will be led by Dr. Julia Frydman, the company's first medical director for palliative care. Frydman previously worked in the...
TeleRare Health announced its launch to offer virtual care appointments for individuals with rare diseases, focusing on diagnosis, disease assessment and ongoing care.
The platform connects patients with expert clinicians and offers molecular diagnostics, as well as care coordination and referral services. It also provides information on approved therapies for rare diseases and patient advocacy...
GE HealthCare announced essentially flat organic growth in the first quarter of this year compared to Q1 last year, and a 1% decrease in revenue year-over-year, from $4.7 billion in 2023 to $4.65 billion in 2024, causing its stock price to plummet 14.3%.
The company reported a net income of $374 million in the first quarter, compared with $372 million in the prior-year period, and adjusted...
New York City-based startup Trovo Health, which offers an AI-powered platform backed by a multidisciplinary clinical team that assists providers with complex tasks, announced its launch with $15 million in seed funding.
Oak HC/FT led the round. Cofounder and managing partner at Oak HC/FT, Andrew Adams, will join Trovo's board of directors.
The company will use the funds to build its technology...
Boston-based wearable fitness company WHOOP announced it expanded its language offerings and global footprint, now shipping to 56 markets worldwide, including Hong Kong, Bahrain, Korea, Saudi Arabia, Qatar, Israel, Taiwan and Kuwait.
WHOOP's wearable health tracker collects physiological data on heart rate, sleep, recovery and strain. Users also have the option to track their menstrual cycle. Its...
Teletherapy company Talkspace announced the launch of Behavioral Health Consortium, an offering allowing clinicians to refer insured members with high-acuity needs to in-network specialty-care providers for alcoholism, substance use and eating disorder treatments.
The network includes virtual opioid use treatment company Bicycle Health, outpatient mental health support company Charlie Health and...
A project building a specialised medical drone at the University of Sydney has received A$3.6 million ($2.3 million) in funding.
Backed by a strategic partnership between the university and health sector-focused ASAC Consultancy, the Wildu Aero Project is developing a hydrogen-fuelled vertical take-off and landing (VTOL) unmanned aerial vehicle (UAV) for carrying medical cargo.
What sets this...
The South Korean Ministry of Food and Drug Safety (MFDS) has recently approved two digital devices that assist in respiratory rehabilitation and treatment of vision impairment due to cognitive illnesses.
EasyBreath by Share & Service is a mobile application that provides an eight-week respiratory rehabilitation programme for persons with chronic obstructive pulmonary disease, asthma, and lung...
