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July 22, 2022 07:26 AM

Digital health funding and deals roundup: Cedars Sinai, Northwell invests in Health Note

Gabriel Perna
Brock E.W. Turner
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    cedarssinai

    EXCLUSIVE: Health Note, a pre-clinical intake automation platform, announced it raised $17 million in Series A funding. The round will allow the company to further expand its integration with electronic health records and invest in future offerings. SignalFire led the round, but the company garnered support from prominent health systems including UnityPoint Health, Northwell Health and Cedars Sinai Health Ventures. While Health Note CEO Dr. Joshua Reischer said not all funders are signed on as clients, the deal reveals providers’ desire to improve efficiencies in the face of on-going labor shortages. Health Note starts conversations with patients ahead of a scheduled appointment reducing manual documentation for staff.

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    FemTec Health, a women’s health tech company, acquired Ava AG, a digital diagnostics and therapeutics company specializing in women's reproductive health, for an undisclosed price. FemTec plans to integrate Ava's cycle-tracking technology and machine-learning algorithms into its own services, which include telehealth, at-home diagnostics, monthly subscription boxes and more. 

    Dig into Digital Health Business & Technology's Q2 2022 digital health funding and M&A report for insights on technology's impact on the industry. 

    Morgan Health, the employer-sponsored healthcare company owned by JP Morgan, announced a $30 million investment in Centivo, a tech-enabled health plan company for self-insured employers. Morgan Health’s investment is part of an extended Series B-1 financing. This extension will support Centivo’s growth and expansion plans. Launched in 2019, Centivo has a market presence in 13 states.

    AI 'unicorn' Olive lays off 35% of workforce

    Other funding rounds and deals:

    MediBuddy, a healthcare consultation app, acquired Clinix, a telehealth platform focused on providing online health services in rural India.

    Eka Care, an electronic medical records management platform, raised $15 million in a Series A funding round.

    Resolve, a digital medical billing platform raised a $3.3 million seed funding round.

    Cornerstone AI, an AI-powered clinical data cleaning and analysis software startup, raised a $5 million seed funding round.

    SpinTech MRI, a developer of medical imaging software platform, raised $6.5 million in a Series A funding round.

    Humanity Health, a talent sourcing platform for the healthcare and life sciences community, raised $6 million in a Series A funding round.

    Sift Healthcare, a medical billing, and revenue cycle intelligence platform closed $9 million in a Series A funding round.

    Healthie, digital health tech infrastructure startup, raised $16 million in Series A funding.

    ForSight Robotics, an ophthalmic robotic surgery platform for eye surgeons, raised $55 million in a Series A funding round.


    If there is a digital health funding or M&A deal that we missed from this past week here, please email us. 

    Digital Health Business & Technology’s data team contributed to this roundup.
     

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