The integration of blockchain technology in healthcare represents a significant leap forward in terms of enhancing data security, safeguarding patient privacy and improving supply chain management. This transformative technology is redefining the landscape of healthcare data management.
Revolutionizing healthcare data security
Blockchain technology, with its decentralized and tamper-evident...
Conversational AI and digital engagement platform mPulse reported 94% growth in Q4 2023, and 106% year-over-year.
The company attributed its rise in revenue to its acquisitions announced in December of health management and engagement platform HealthTrio and analytics company Decision Point Healthcare Solutions, as well as organic growth.
The privately held company touts that it partners with 19...
Invitae, a medical genetic testing company, has filed for Chapter 11 bankruptcy and intends to continue the case without disrupting operations using cash on hand and while seeking to sell its business.
The San Francisco-based company is seeking approval from the U.S. Bankruptcy Court for the District of New Jersey to use its cash on hand to fund the case.
In its bankruptcy petition, the...
Direct primary care provider Everside Health and employer health provider Marathon Health are merging to offer primary care with offerings for patients, employees and union-sponsored clients utilizing a value-based care model.
Everside works with employers and unions to offer healthcare directly to their workers without an insurer middleman. It includes health centers and virtual care, and...
Mobile-first employee wellness and engagement company Virgin Pulse and benefits and analytics platform HealthComp, which merged in November, are rebranding under the name Personify Health.
Personify combines Virgin Pulse's offerings with HealthComp's health plan administration solutions, offering one platform with health, navigation, benefits and wellbeing experiences alongside data-driven...
Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023.
Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round.
Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime...
Diagnostics company LumiraDx announced it signed an agreement to sell its point-of-care technology to pharma giant Roche for $295 million, with an additional payment of $55 million to fund the platform until the acquisition closes.
LumiraDx developed a diagnostic testing system that uses a small, portable instrument and microfluidic test strips to perform multiple lab-quality tests via a single...
Today, a tale of two markets are seen in healthcare mergers and acquisition: the present (as reflected in the data about declining dealmaking) and the future (reflected in the increasingly positive outlook by dealmakers).
While deal data can vary according to how it is defined and who is reporting, it has declined substantially across the board since the high-water mark in late 2021 and early...
EndoQuest, an endoluminal robotics technology company, announced it closed a $42 million C-1 preferred financing round.
Existing investors CE Ventures Limited and McNair Interests Ltd. participated in the round, as did new investor Puma Venture Capital LLC.
WHAT IT DOES
The Houston-based company developed a flexible robotics surgery system to perform minimally invasive procedures in upper and...
