Hospital for Special Surgery, a New York-based academic medical center focused on musculoskeletal care, announced that it had raised $21 million in Series A funding to launch RightMove Powered by HSS.
RightMove will offer virtual triage and physical therapy. HSS said it plans to go live at the end of the second quarter next year.
The funding round, led by Flare Capital and HSS, will go toward...
As healthcare organizations continue to navigate the impacts of the COVID-19 pandemic, they face a new operating reality. Labor displacement, financial uncertainty and new production demands have disrupted day-to-day operations.
Healthcare providers, payers and life sciences are seeking technology to help improve workforce productivity. The search has boosted tailwinds for the adoption of...
In Part 1 of this article, we introduced Medicare and its covered services, along with rationales for digital health startups to engage with the nation’s largest payer. These motivations include Medicare’s large and growing beneficiary base, access to the nation’s largest and most influential payer, and movement toward value-based care.
Despite these opportunities, startups have been relatively...
Despite its attractive large market size, Medicare has long frustrated early stage healthcare companies. The complex federal health insurance system, mired in statutory constraints, has arguably discouraged entry from would-be external innovators.
Regulations intended to prevent fraud, waste, and abuse, also create barriers to adoption for innovative value-creating products and services. The goal...
This morning voice-enabled digital assistant Suki scored $20 million Series B funding. The new infusion of cash was led by Flare Capital Partners with participation from Breyer Capital, Epsilon Health, First Round Capital and Venrock. This news comes roughly two years after the startup raked in its first $20 million in Series A financing.
As part of the funding announcement, Suki revealed that...
This morning Iora Health, a tech-enabled primary care provider that focuses on the Medicare population, raised $126 million in new Series F funding. The round was led by Indian firm Premji Invest with participation from Cox Enterprise, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners and Khosla Ventures.
This new comes roughly two years after...
Digital health’s consistent funding expansion hit a roadblock in the beginning of 2019, with Rock Health, Startup Health and others pegging the year’s first quarter investment below that of 2018.
But that’s not to say that confidence in the sector is also down. A BIO 2019 panel of digital health investors hosted by tech-focused law firm Cooley LLP said that interest among their peers and...
Aledade, a health tech startup that partners with providers to build primary care-focused ACOs, announced a trio of C-suite personnel changes. Among these is news that cofounder Edwin Miller has left his previous role as chief technology officer to become the company’s chief product officer. Replacing him is athenahealth alumnus Brady Richards, while Dr. Emily Maxson is slated to become the...
When it comes to digital health, investors get a bird’s eye view and play a major role in steering the direction of the industry’s future. That is why many are stressing the importance of a diverse viewpoint for investors in an industry focused on bringing digital tools to the masses.
Traditionally this has been a challenge for the venture space, where women only account for 12.2 percent of...
Dr. Joshua Mandel has left his position at Alphabet's Verily as health IT ecosystem lead for a position as chief architect at Microsoft Healthcare. Mandel isn't the only big name Microsoft just picked up; Jim Weinstein, former CEO of Dartmouth-Hitchcock, joined the company at the same time as VP and head of innovation and health equity.
"Jim and Josh join us at an exciting time, as healthcare...
