Venture capital firm General Catalyst announced its recently formed business venture Health Assurance Transformation Corporation (HATCo) intends to purchase Ohio-based Summa Health, a nonprofit healthcare system with over 30 locations throughout the Akron and Canton areas.
Summa Health, founded in 1989, is an integrated delivery system that has been operating for over 130 years. It was formed...
Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.
The investment brings the company's total raise to more than $128 million.
The funds will be used to grow its services and expand its specialty care offerings, including designing...
Healthcare data analytics company Socially Determined and Uber Health, the ride-hailing company's healthcare arm for patients and providers, are partnering to improve access to food and prescription delivery as well as transportation services by leveraging social determinants of health analytics.
Socially Determined offers payers, providers, life sciences organizations and others an analytics...
The emergence of artificial intelligence (AI) in healthcare is the result of increased demand for tailored healthcare solutions, lower costs, higher accuracy pertaining to medical decisions and diagnosis to improve patient health outcomes.
With an estimated valuation of $15.1 billion for the global market in 2022, AI in healthcare is an irreversible process that is already reshaping medicine and...
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...
Leaders in the digital health space relayed to MobiHealthNews what stood out to them in 2023 as the year draws to an end.
Many noted the meteoric rise of genAI in 2023 and expectations of growing adoption of the technology in 2024, emphasizing the importance of treading carefully as the tech is further implemented. Other stakeholders pinpointed bankruptcies and mergers and acquisitions as being...
Syra Health, a healthcare technology company that provides tools to analyze population health, announced it signed a five-year $275,000 contract to examine the City of San Antonio's implementation of its Racial and Ethnic Approaches to Community Health (REACH) project.
The U.S. Department of Health and Human Services' (HHS) REACH project is a national program administered by the Centers for...
California-based Carrum Health, a digital marketplace allowing employers to purchase bundled healthcare services, announced in September that it joined the White House-led Cancer Moonshot CancerX initiative, uniting with cross-disciplinary stakeholders to drive innovation in cancer care.
Deirdre Saulet, Carrum's market vice president for oncology, sat down with MobiHealthNews to discuss the...
As vice president, Joe Biden launched the Cancer Moonshot, intending to accelerate progress in cancer treatments and accessibility, and as president, Biden reignited the Moonshot last year.
Earlier this year, as part of the Moonshot, the Department of Health and Human Services launched CancerX, a public-private partnership effort to boost cancer innovation in the U.S.
The Digital Medicine Society...
Israel has long been a hub for healthcare innovation. Since the war began in early October, many of the country's high-skilled tech workers have been recruited by the military. The startup landscape has changed, and companies are struggling to retain the traction they once had in furthering their innovations and garnering investment, says Eli Levin, who works on economic affairs and innovation...
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