Health

Truvian Health, maker of a benchtop blood testing system, announced it secured $74 million in capital and is partnering with Canada’s largest pharmacy, Shoppers Drug Mart.  Great Point Ventures and Wittington Ventures co-led the round, with participation from existing investors Medical Excellence Capital, Tao Capital, DNS Capital, 7wireVentures, and TYH Capital.  WHAT IT DOES The San Diego-based company offers a …

UK-based healthcare technology company Huma announced it secured more than $80 million in a Series D funding round, bringing its total raise to over $300 million.  New and existing investors, including AstraZeneca, Leaps by Bayer, Hat Technology Fund 4 by HAT SGR, and HV Fund by Hitachi Ventures, participated in the round. The company, which creates applications that integrate patient …

Respiratory syncytial virus (RSV) is a major respiratory virus that is common over the winter period, typically November to February. While the symptoms are mild for many, RSV accounts for around 30,000 hospitalisations of children under 5 in the UK annually, and for 20 to 30 infant deaths. RSV can also be severe in older adults, causing pneumonia and flare-ups …

Virtual care company Teladoc is partnering with pediatric virtual behavioral health company Brightline to extend mental healthcare options for children, adolescents and their families through Teladoc’s platform. Brightline offers virtual behavioral health services to children and their families. The company works with employers and major insurers to provide accessible coaching and therapy services.   Through the partnership, members under 18 and …

Virtual specialty care company Story Health and Guidehealth, an AI-enabled value-based care provider for health systems, announced their partnership to develop a cardiology program for hospital systems and clinically integrated networks (CINs) based on a value-based care model. California-based Story Health offers telehealth, health coaches, AI, and connected devices to provide patients with continuous specialty care for heart-related and other …

Management consulting company Guidehouse announced it is partnering with MobiHealthNews‘ parent company, the Healthcare Information and Management Systems Society (HIMSS), to measure the current state of Missouri’s Department of Health and Senior Services (DHSS) public health information. The partners will use the HIMSS Digital Health Indicator (DHI) to survey the Missouri DHSS public health-data landscape across the agency, including its …

If the momentum of investment continues, this year could surpass year-end totals seen in 2019 and 2023 ($8.2B and $10.7B, respectively), two years that can serve as comparable periods outside the pandemic, according to Rock Health’s H1 2024 digital health funding report released this week.  Digital health startups in the U.S. raised $5.7 billion across 266 deals in the first …

On Wednesday, the Centers for Medicare & Medicaid Services (CMS) released its proposed calendar year 2025 physician fee schedule, which includes recommendations on coverage of digital health tools, including digital therapeutics and telehealth services.  To support access to behavioral health services, CMS proposed that Medicare pay for digital mental health treatment devices used in conjunction with a behavioral health treatment …

Los Angeles-based clinical decision software company Regard announced it closed a $61 million Series B round led by Oak HC/FT. Cedars-Sinai Health Ventures and existing investors Calibrate Ventures, Techstars and TenOneTen Ventures participated in the round.  WHAT IT DOES Regard offers a clinical support tool that utilizes AI to evaluate patient history, generate clinical decisions and documentation, and facilitate clinician-to-clinician …

Courier Health, a health tech company for life sciences manufacturers, announced it scored $16.5 million in Series A funding.  Norwest Venture Partners led the round with participation from existing investor Work-Bench.  WHAT IT DOES The New York-based company offers biopharma commercial teams with a customer relationship management (CRM) system to understand the complete patient journey, analyze data, manage workflows and …