Canada has a proud history of achievement in the areas of science and technology, and the field of biomanufacturing and life sciences is no exception.

The post When Investment Rhymes with Canada appeared first on MedCity News.

Health Net is making a $46 million investment that will be spread out across 26 counties in California, and will support Continuum of Care programs, which are regional or local planning bodies that help those experiencing homelessness find housing and other services.

The post Health Net Invests $46M To Support Unhoused in California appeared first on MedCity News.

Healthcare IT companies experienced a bounceback in venture capital deal activity during Q1 of 2023. Rebecca Springer, PitchBook ’s lead healthcare analyst, said she is optimistic that healthcare IT startups will be able to keep this momentum going, especially those focused on staffing and value-based care enablement.

The post Why One Analyst Is Encouraged by Healthcare IT’s Fundraising Rebound appeared first on MedCity News.

L.A. Care Health Plan and Health Net’s commitment will help secure up to 1,900 housing units in the private rental market and fund field assessments to find those who need assistance with Activities of Daily Living (such as feeding and personal hygiene). It will also help pay for vacancy coverage, damage repair, trash services, greenspace, maintenance and pest control.

The post L.A. Care, Health Net Commit $114M for Unhoused in LA County appeared first on MedCity News.

Through Morgan Health’s $25 million investment, Kindbody will continue expanding into new markets. It will also grow its services, including menopause treatment and male fertility.

The post Kindbody Receives $25M from Morgan Health to Scale Family-building Care appeared first on MedCity News.

Point solutions for areas like behavioral health, family planning and more have risen in popularity in recent years, experts said. But as employers deal with point solution fatigue, healthcare navigation companies are proving beneficial.

The post How Employers’ Investment in Health Benefits Has Transformed Over Time appeared first on MedCity News.

The center is in partnership with Community Health Development, Inc. (CHDI), a federally qualified health center. The community center will provide medical care, behavioral health care, youth development resources, college and job preparation services for students and retail space for local businesses. It will also have a tranquility garden honoring the 21 victims of the May 24 shooting at Robb Elementary School.

The post Centene Invests $7.9M in New Community Center in Uvalde, Texas appeared first on MedCity News.

Though the Medicare Advantage-focused insurance technology startup is smaller than rivals like Clover Health in terms of membership and revenues, this latest financing round places it ahead of, or at least on par with, several larger competitors with regard to total funds raised.

The post Devoted Health raises $1.1B, sending valuation soaring past $12B appeared first on MedCity News.

Elligo Health Research uses EHR data, technology and services to expand patient access to clinical trials. It will use the new funds to further invest in its technology platform and purchase research practice management company ClinEdge.

The post Cerner joins $135M funding round for Elligo Health Research  appeared first on MedCity News.

The company, which helps health systems operate virtual care programs through its platform, will use the new funds to scale its go-to-market efforts, invest in the development of new capabilities and hire new employees.

The post Telehealth platform provider eVisit raises $45M appeared first on MedCity News.

Morgan Health, JPMorgan Chase’s business unit, has made its first-ever investment in a company that provides a coordinated primary care model. Vera Whole Health operates a network of primary clinics across 10 states, supported by a technology platform.

The post Vera Whole Health grabs Morgan Health’s interest — and a $50M investment appeared first on MedCity News.

In the second quarter of 2021, the top five deals alone were worth $1.6 billion, representing 30% of the total funding raised. In addition, six telehealth companies joined the unicorn club, including LetsGetChecked and Thirty Madison.

The post Report: Telehealth funding hits record high of $5B appeared first on MedCity News.

The health system has invested an undisclosed amount in Trilliant Health, which provides a predictive analytics platform giving users insights into market dynamics. Bon Secours Mercy Health is also a founding member of another healthcare data company: Truveta.

The post Bon Secours Mercy Health invests in Trilliant Health as part of larger push into analytics appeared first on MedCity News.

AllyAlign Health, which offers health plans for seniors like Medicare Advantage and institutional special needs plans, has raised $300 million in funding. It will use the funds to scale its business.

The post Report: Medicare Advantage startup AllyAlign Health nabs $300M appeared first on MedCity News.

Cynerio, a provider of cybersecurity and asset management solutions, raised $30 million in a Series B funding round. The company will use the capital to expand operations globally and grow sales and marketing efforts.

The post Cybersecurity solutions provider Cynerio nabs $30M in new funding appeared first on MedCity News.

The health systems are sinking a combined $100 million into Medically Home Group, which enables clinicians to provide hospital-level care in patients’ homes. The funds are intended to scale the company’s operations and expand access to its care delivery model.

The post Kaiser Permanente, Mayo Clinic invest $100M in hospital-at-home company appeared first on MedCity News.

DrFirst, which provides an array of services including telehealth and e-prescribing, received a $50 million equity investment from Sixth Street Growth. The company plans to use the funds to expand its offerings and further connect healthcare stakeholders.

The post Health tech company DrFirst nabs $50M to grow product suite   appeared first on MedCity News.

The Covid-19 pandemic pushed the already impressive growth in healthcare investing to new heights, with valuations on the rise and companies gaining access to vast sums of money. But speakers at a MedCity INVEST panel warned that raising more capital than needed is not always a good thing.

The post Investment in healthcare is soaring, but entrepreneurs must be wary of over-capitalizing   appeared first on MedCity News.

During a panel discussion at the J.P. Morgan Healthcare Conference, three physicians from Stanford Medicine discussed the investment opportunities that can help accelerate innovation in healthcare in the coming year.

The post Key investment opportunities to drive healthcare innovation in 2021 appeared first on MedCity News.

Healthcare consumers are increasingly aware of specific therapies in development or on the market that can help treat the diseases they or their loved ones may be suffering from — and this growing awareness is changing the precision medicine arena.

The post Consumer awareness, needs generating shifts in precision medicine landscape   appeared first on MedCity News.

The Florida-based hospital plans to launch the fund next year, under the leadership of a newly named vice president of innovation. It will be used to support startups and invest directly in healthcare companies.

The post Tampa General Hospital to launch venture capital fund appeared first on MedCity News.

Months into the Covid-19 pandemic, the pace of new investments for startups has picked back up. Five VCs shared what’s changed and how they’re working in the midst of the crisis.

The post Five VCs share how the pandemic has changed investing appeared first on MedCity News.

Digital health companies once again set a record for funding in 2020, according to a report by Rock Health. They raised a total of $5.4 billion in the first half of the year.

The post Digital health funding hits another high mark for 2020 appeared first on MedCity News.

Venture capital firms are making fewer investments as the Covid-19 pandemic surges in the U.S. But many still say they are still open for business. 

The post How are healthcare VCs in every sector handling Covid-19? appeared first on MedCity News.

Asset Management Ventures, a Silicon Valley-based health tech investment firm, is raising $150 million for a new fund, according to financial documents.

The post  Asset Management Ventures raising for $150M fund appeared first on MedCity News.

Digital health companies have raised large funding rounds, but have struggled to make major traction with physicians and patients. Executives with Johnson & Johnson and Intel shared what they see as the path to a solution.

The post Will tech, pharma come together for digital health? appeared first on MedCity News.

Investors at the SoCalbio Digital Health Conference said they look for good data first when investing in digital health companies.

The post For investors, digital health data outweighs algorithms appeared first on MedCity News.

This investment in Rx.Health, which has a solution that enables physicians to prescribe evidence-based apps, marks the first time the AGA has invested in a startup.

The post American Gastroenterological Association, American College of Cardiology invest in Mount Sinai spinoff Rx.Health appeared first on MedCity News.

In addition to the $500,000 investment in the startup, Inova will deploy Babyscripts’ offering to its employee health plan, then to its entire system.

The post Inova Health System partners with, invests $500K in Babyscripts appeared first on MedCity News.

Deals worth $50 million or more are becoming more frequent, even in Series A. But a VC investor said underlying drivers in life sciences are different from the technology sector.

The post Life sciences VC investment trends similar to tech, but there are differences appeared first on MedCity News.