Leaders in the digital health space told MobiHealthNews their predictions about investors' priorities in the coming year and what companies will need to watch out for.
Following 2021's expansive investments and the decrease in funding in 2022, alongside significant layoffs, stakeholders expect funders to be more selective in 2023 – scrutinizing companies' business models and considering whether...
Seniors are certainly less tech savvy than younger generations who grew up with it. My parents are from the World War II generation, long before there was the personal computer, let alone the internet. Trying to help my aging mother with email is a challenge. But just because some may not know how to use TikTok, what a nonfungible token is or how to make the WiFi work doesn't mean they are...
Digital musculoskeletal care and physical therapy company RecoveryOne launched its new Motion Trainer, a computer vision tool that traces motion and gives feedback.
Without requiring a wearable sensor, the technology uses a device's built-in camera to provide visual and audio guidance to users.
The tool is currently available for people using RecoveryOne for chronic and acute low back pain. The...
Digital MSK company SWORD health tapped Valentina Longo to serve as its next chief financial officer.
This comes months after the company announced a $163 million Series D funding round, bringing its total valuation to $2 billion.
Longo is coming to SWORD from the Financial Institutions Group at Cerbeus, where she served as the managing director. Her experience also includes time as the CFO at...
Musculoskeletal care is a big problem for the U.S. healthcare system, digital health companies say. Disorders are common and expensive to treat, but care that could cut down those high costs is inaccessible to many who need it.
That message is resonating with investors. Over the past year, they've poured hundreds of millions of dollars into the digital MSK space. Unicorns Hinge Health and SWORD...
Digital musculoskeletal treatment company RecoveryOne announced that it scored $33 million in Series C funding earlier this week. Cobalt Venture and TELUS Ventures jointly led the round with participation from Cigna Ventures, 7wireVentures and Leverage Health Solutions.
This new round of funding brings the company’s total raise to over $50 million, according to Crunchbase.
WHAT IT DOES
The...
More digital health tools join the PBM party. Evernorth, a newly-established Cigna subsidiary that now acts as the parent of Express Scripts, announced today several new additions to the pharmacy benefit manager's Digital Health Formulary. Joining the lineup in 2021 will be:
Wildflower Health's app-based women's health offering.
Quit Genius's digital program for smoking and vaping cessation....
