Utah-based health system, Intermountain Healthcare and venture capital firm, General Catalyst are partnering to develop and scale technology that accelerates value-based care. Through the partnership, Intermountain will have access to companies that are in General Catalyst’s Health Assurance Network, which is dedicated to creating a “proactive, resilient and equitable system of care.” The companies include Transcarent, Olive, Sprinter Health and Commure. It’s the second collaboration that General Catalyst has announced with a health system. In October, it formed a partnership with Jefferson Health.
Clover Health prepares for another $300 million capital raise
Bon Secours Mercy Health, a Cincinnati-based Catholic health system, launched a digital holding company. Accrete Health Partners will aim to create a formal structure for the organization's digital health services, investments and partnerships. Jason Sczuka, Bon Secours’ chief digital officer, will lead Accrete.
Kaiku Health, a Finnish-based digital therapeutics platform company in cancer care, and Roche, the Swiss-based pharma giant, entered a strategic partnership in digital patient monitoring and management. Kaiku Health and Roche aim to deploy digital tools to provide real-time symptom management by patients at cancer clinics. The companies will explore how digital patient monitoring affects clinical outcomes.
Other funding rounds and deals:
• Osmind, which offers EHRs for mental health providers, announced a $40 million Series B funding round.
• Fosanis, an AI-powered healthcare coaching app, raised $11 million in a Series A funding round
• SimpliFed, a virtual breastfeeding and baby feeding supporting service, raised a $6 million seed round.
• Reverence, an AI-powered home healthcare coordination platform, raised $9.5 million in a funding round.
• Reverance also acquired Hirehand, an AI-powered healthcare appointment scheduling platform.
• OncoHost, an AI-powered decision support platform for cancer therapy, raised $35 million in a Series C funding round.
• evolvedMD, a behavioral health staffing technology company, raised a $5.4 million in a Series A funding round.
• Med-Metrix, a revenue cycle management software company for healthcare organizations, acquired PatientPal, a patient-facing revenue cycle management software company.
• Anja Health, a personalized doctor-backed stem cell safe startup, announced a $4.5M seed funding round.
• Turquoise Health, a healthcare cost comparison platform, raised $20 million in a Series A funding round.
• Mahmee, a telehealth company, raised $9.2 million in a Series A funding round.
• Legacy, a digital fertility clinic for men that allows users to order a fertility test kit, raised $25 million in a Series B funding round.
• Health Catalyst, a healthcare data analytics company, acquired ARMUS, a generic clinical registry platform.
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.
