Wellth, a digital health startup that offers small financial rewards for completing health-related tasks, scooped up $20 million in Series B funding.
The round was led by SignalFire, with participation from former Evolent Health CEO Frank Williams and previous investors the Social Entrepreneurs’ Fund, CD Venture, Yabeo and the Partnership Fund for NYC.
WHAT IT DOES
Wellth works with insurers,...
AI-backed remote monitoring and digital therapeutics company Biofourmis raised a whopping $300 million in Series D funding, boosting the company to unicorn status with a valuation of $1.3 billion.
The round was led by General Atlantic, with participation from CVS Health and existing investors Openspace Ventures and EDBI. Biofourmis said the Series D brings its total raise to $445 million.
WHAT...
Chronic condition management platform Omada Health announced Wednesday it would include behavioral health support in its existing programs for diabetes prevention and management, hypertension, and musculoskeletal care.
The new behavioral health integration includes anxiety and depression assessment, resources to manage social determinants of health, like access to food, stress management and...
Digital chronic condition management company DarioHealth has entered into a $30 million strategic partnership with biopharma giant Sanofi to speed adoption of Dario's suite of tools in the U.S.
The agreement with the multinational pharma company's U.S. division will focus on "significantly" expanding Dario's sales to health plans and to select employers. The deal also allows the companies to...
Virtual care giant Teladoc Health is diving into chronic condition management with the launch of its own program, Chronic Care Complete.
Under the new offering, patients with diabetes, prediabetes and hypertension are provided connected devices like glucometers and blood pressure cuffs. They're also paired with personal health coaches. They can also work with therapists for mental health concerns...
AI-enabled virtual care and remote monitoring company Biofourmis has launched a chronic condition-management service dubbed Biofourmis Care.
The new specialty care program currently focuses on heart failure, diabetes, hypertension, atrial fibrillation and lipid management.
Using a wearable sensor, patients are remotely monitored by virtual care teams. These teams work with the patient's existing...
Virtual care company MDLIVE is launching a health-monitoring program aimed at patients with chronic conditions.
The offering, available to health plans that utilize MDLIVE's primary care services, allows patients to track metrics like blood pressure or glucose levels so their doctors can review them during virtual visits.
The telehealth company plans to add devices that can transmit these metrics...
The digital health industry experienced a big growth year in 2021. According to Rock Health’s third quarter analysis of the space, funding had already reached $21.3 billion across 541 deals. The year surpassed 2020’s full-year funding total after the second quarter.
Russ Johannesson, CEO of diabetes and chronic condition management company Glooko, told MobiHealthNews the COVID-19 pandemic...
Though COVID-19 vaccines began their rollout to the public, 2021 was still a turbulent year for healthcare providers as they weathered new virus variants, staffing shortages and burnout.
But the pandemic also created a new wave of interest in virtual care and telehealth. Many providers turned toward the modality to keep in contact with patients in 2020, but startups and other organizations are...
Remote monitoring and virtual care platform Cadence raised $100 million in a Series B financing round led by Coatue Management, bringing its valuation to more than $1 billion.
Existing investors including General Catalyst and Thrive Capital also participated.
The funding comes months after the company emerged from stealth with $41 million and a partnership with health system LifePoint Health to...
