Digital Health Business & Technology Staff Michael Brady Former Deputy Editor of Digital Health Business & Technology See All Staff Page Recent Stories Digital tools give providers a lot of data, but can clinicians trust it? While investment in digital tools has exploded, experts worry that a lack of standardized measures to prove the validity and value of their data could slow provider adoption. Remote lab services startup Getlab raises $20 million The company also launched its new application programming interface for healthcare organizations, claiming it would make it easier for telehealth providers to order remote phlebotomy services. Mental wellness startup Calm buys Ripple Health Group The newly acquired Ripple team will design and build a new mental healthcare solution for employers that integrates with Calm’s existing mental wellness products. Digital health platform League brings in $95 million League is one of many startups trying to capitalize on the healthcare industry’s push toward interoperability. Remote patient monitoring startup Athelas valued at $1.5 billion after new funding The company also announced that Taneja had joined its board of directors. Arjun Sethi of Tribe Capital and Sequoia’s Alfred Lin will also advise the company but not join Athela’s board. LifePoint Health hires chief innovation officer Jessica Beegle will lead LifePoint’s efforts to deliver more care to patients at home and in their communities. She will also help lead LifePoint’s health tech startup incubator. Digital pharmacy startup Alto hauls in $200 million Alto currently operates in 12 markets in the U.S. and expects to grow its annual revenue to more than $700 million in the next year. Virtual health startup Eucalyptus brings in $43 million The Australia-based startup plans to expand into chronic disease management. Psychiatry startup Talkiatry snags $37 million The company also announced the addition of Samson Walla as vice president of operations. The former Uber executive will focus on growing Talkiatry's existing business and developing new business lines. Digital therapeutic startup Akili Interactive to go public via SPAC Akili plans to use the money to bring to market its EndeavorRx digital therapeutic for pediatric attention deficit hyperactivity disorder. Home-based cancer care startup Reimagine Care pulls in $25 million Reimagine Care plans to use the money to develop and bring its technology to market, open its virtual care center and hire staff for its patient care team. Virtual care startup Wheel snags $150 million The company plans to invest the money in improving its technology, offering more services, hiring new employees and growing its provider network. Digital therapeutics company DarioHealth buying Physimax The latest acquisition could help DarioHealth accomplish its goal of becoming a one-stop shop for digital therapeutics to manage chronic conditions like hypertension, diabetes and musculoskeletal disorders. Mental health startup Lyra Health raises $235 million The mental health benefits provider for employees also bought ICAS World, hoping to fuel a global expansion. 5 digital health categories led VC investment in 2021 Digital health continues to break funding records as companies across the globe raked in $30.7 billion in venture capital in 2021, according to data from Digital Health Business & Technology. Load More Sponsored Content
Digital Health Business & Technology Staff Michael Brady Former Deputy Editor of Digital Health Business & Technology See All Staff Page