Blue Cross Blue Shield of Michigan is partnering with Maven, a virtual clinic for women’s and family health, to develop a personalized digital care app to help guide Blue Cross members through family planning, including different paths to parenthood, pregnancy, postpartum and pediatrics. The solution will be rolled out in 2023.
Amazon expanding Amazon Care with behavioral health
Marpi, an AI-technology company, is set to acquire Chicago-based Maestro Health, a third-party administrator with 80 customers for $22.1 million. The combined companies are expecting positive earnings before interest, taxes, depreciation, and amortization within 18 months. In a release, Marpi said the acquisition will double its revenue.
Intel invests $20 million in digital health ‘unicorn’ Biofourmis
Patchwork Health, a healthcare workforce platform, raised $24 million in a Series B funding round. Founded in 2016, the company partners with more than 100 healthcare sites in the United Kingdom for staffing and technology services. It was built by National Health Service doctors in the UK. The round was led by Perwyn and backed by Praetura Ventures and KHP Ventures. They were joined by a range of prominent angel investors, including Monzo founder Tom Blomfield and Social Chain Co-founder Dominic McGregor.
Bright Health Group needs capital to stay afloat, CEO says
Availity, a health information exchange platform based in Jacksonville, Florida, acquired Diameter Health, a clinical data quality and interoperability platform. The move will integrate data offering a stronger clinical and claims network for interoperability platforms. The deal is expected to be complete by Q3 2022.
Babylon CEO says profitability is a few years away
More deals and funding rounds:
Braxia Scientific, a medical research company with clinics that provide ketamine treatments for persons with depression and related disorders, acquired KetaMD, a telemedicine platform that provides at-home medical ketamine treatments.
Salvo Health, a virtual clinic for people with chronic gastrointestinal conditions, raised $10.5 million in a seed funding round.
Qventus, an AI-based platform for care operation automation, received $3 million in funding from, ThedaCare, a Wisconsin-based provider.
Evidence Partners, an AI-enabled literature review automation software for pharmaceutical and medical device companies closed a $20 million round.
Maximus, a consumer telemedicine company offering at-home lab testing and other services, raised $15 million in a funding round.
SheMatters, an online platform designed for Black women who experience postpartum comorbidities, raised $1.5 million in seed funding.
Atero, a randomization and trail supply management platform, closed a $4 million seed funding round.
Netsmart, a healthcare practice management technology developer, acquired CORE Analytics, a developer of data analytics software for post-acute care.
Sibel Health, a developer of wearable vital signs monitoring system, closed a $33 million Series B financing round.
Atropos Health, a company that provides physicians with research-grade real-world evidence at the point of care, raised $14 million in a Series A funding round.
Sympatic, a data collaboration and sharing platform for healthcare and life sciences companies, raised a pre-seed round of funding round.
Abridge, which uses AI to transform medical documentation workflows, raised a $12.5 million series A-1 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.