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Healthcare provider looking at a tablet
By  Jessica Hagen 02:32 pm March 11, 2024
ORLANDO – According to experts, financial return on investment is not the only aspect that should be considered when examining the implementation of virtual care technologies. "Sometimes there is no pathway to return on investment, the pathway is blurry or assumptions are made," Chad Ellimoottil, professor and medical director of virtual care at the University of Michigan told an audience at...
Healthcare providers in an operating room wearing an extended reality headset while standing over a patient
By  Dr. Liz Kwo 06:20 am March 11, 2024
Health is standing on the cusp of a revolution, and augmented reality (AR) and virtual reality (VR) technologies are at the forefront, transforming everything from surgical training to patient mental health care.  The technologies are not just changing the game; they are redefining the playing field, offering unparalleled precision, immersion and connectivity. This article explores the...
Provider gives options to patient while looking at a tablet or notepad
By  Trevor Dermody 04:15 pm March 6, 2024
BrainCheck, a digital health company specializing in cognitive assessments, announced it secured $15 million in funding.  The investment was led by seed-stage investor Next Coast Ventures, venture capital firm S3 Ventures and UPMC Enterprises. Additionally, the company announced an expansion of its board of directors, with Nicholas Shapiro, vice president of UPMC Enterprises, joining the...
Healthcare team sitting around a table with laptops on it while talking to another healthcare provider on a TV screen
By  Jessica Hagen 11:05 am March 6, 2024
Chamber Cardio, a population health platform helping cardiology teams shift to value-based care, has secured $8 million in a seed funding round led by General Catalyst.    Existing investor AlleyCorp participated in the round, as did Company Ventures, American Family Ventures and CityLight. "As we started to contract with providers throughout the country, we saw they are ready for value-based...
Healthcare provider sitting at a desk, wearing a lab coat and stethoscope, while looking at a computer
By  Jessica Hagen 02:21 pm March 4, 2024
Direct-to-consumer virtual care company Hims & Hers Health reported a total of $246.6 million in revenue for Q4 compared to $167.2 million for the fourth quarter of 2022 and total year-over-year revenue in 2023 of $872.0 million compared to $526.9 million for 2022.  The San Francisco-based company reported a net income for the fourth quarter of $1.2 million compared to a net loss of $10.9...
Numerous employees sitting at desks in a room with large windows
By  Jessica Hagen 01:04 pm March 4, 2024
Healthee, a healthcare benefits navigation platform, announced it secured $32 million in a Series A funding round.  Fin Capital, Glilot Capital Partners, and Group11 co-led the round with participation from TriNet, a publicly traded company providing companies with HR-related offerings, including payroll, benefits, compliance and risk-management solutions.  Lior Litwak, managing partner and head...
Healthcare provider in the clinical setting sitting at a desk and looking at a tablet
By  Jessica Hagen 02:36 pm February 29, 2024
Healthcare data exchange startup Moxe Health raised $25 million in growth capital from Trinity Capital. WHAT IT DOES The company offers payers and providers tools for sharing patient health record information. Moxe's convergence product allows payers to input their insights into the EHR for providers. For providers specifically, the company offers its digital release of information product, which...
Person sitting in front of a computer while talking to a virtual healthcare provider
By  Jessica Hagen 10:47 am February 29, 2024
Digital gastrointestinal care startup Salvo Health announced it has closed a $5 million Seed Prime round led by City Light Capital and Human Ventures. The company's existing investors also participated in the round, including Torch Capital, Threshold Ventures and Felicis Ventures. Angel investors Anmol Madan, founder of Ginger Health and Teladoc's former chief data scientist also contributed. ...
Person sitting in a chair holding a tablet while smiling and wearing glasses
By  Jessica Hagen 01:18 pm February 28, 2024
Ohio-based Redi Health, a tech-enabled health management platform for patients and healthcare providers, announced it closed a $14 million Series B funding round led by Blue Heron Capital.  North Coast Ventures participated in the round alongside existing investors Mutual Capital Partners, Rev1 Ventures, M25 and Refinery Ventures. WHAT IT DOES Redi Health offers a patient-facing mobile app and...
Healthcare provider sitting next to a window wearing a stethoscope around their neck and looking at a tablet
By  Jessica Hagen 03:12 pm February 27, 2024
Editor's note: This article has been updated with a quote from b.well Connected Health's CEO.  b.well Connected Health, a health management platform, announced it closed a $40 million Series C growth round led by Leavitt Equity Partners.  Andrew Clark, managing partner at Leavitt; Ryan Howells, principal at Leavitt and executive director of the CARIN Alliance; Dr. Hon Pak, head of digital health...