When Investment Rhymes with Canada
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.
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.
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.
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.
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.
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.
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.
At the Payer Insights sessions on Day 1 of ViVE 2024, a panel on prior authorization offered compelling insights from speakers who shared the positive developments in this area after years of mounting frustration. Speakers also shared challenges as they work with providers to figure out how policy developments and technology will work in practice.
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.
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.
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 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.
In an era of escalating healthcare costs and a growing preference for natural, holistic approaches to health, The Impact Brands emerges as a collective of diverse brands dedicated to supporting overall wellness through natural means.
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.
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 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.
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.
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.