Healthcare technology company Ascertain announced it secured $10 million in Series A funding.
The round was led by Deerfield Management with participation from Northwell Health.
WHAT IT DOES
Ascertain is an AI-enabled case management assistant that automates administrative tasks. It helps health systems, payers and independent provider groups simplify operations and lower their administrative...
California-based healthcare data and analytics company Reveleer has acquired Novillus, which offers a workflow platform for health plans.
Reveleer, formerly Health Data Vision, provides an AI-enabled platform for payers aimed at advancing value-based care. The company offers workflow, data and analytics tools for risk adjustment, quality improvement and member management. It also provides...
Bipartisan senators introduced the Health Tech Investment Act (S. 1399), which would establish a Medicare reimbursement pathway for FDA-cleared medical devices that utilize artificial intelligence and machine learning.
The bill, introduced by Sens. Mike Rounds, R-S.D., and Martin Heinrich, D-N.M., seeks to amend title XVIII of the Social Security Act to "ensure appropriate payment of certain...
Willow, maker of wearable breast pumps, announced it acquired British femtech company Elvie to scale the companies' maternal health platforms.
San Francisco-based Willow offers in-bra breast pumps, pumping accessories and breast care. The company most recently received FDA 510(k) clearance for its breast pump, Willow Generation 3 Breast Pump, in October of last year.
Elvie offers its own line...
Drug design and development company Isomorphic Labs announced it raised $600 million in its first external funding round.
Thrive Capital led the round, with participation from GV (Google Ventures) and existing investor Alphabet.
WHAT IT DOES
Isomorphic Labs, launched in 2021 with Google DeepMind, unveiled its newest joint AI offering AlphaFold 3, an AI model that was developed by Isomorphic Labs...
Canadian company WELL Health, which offers front- and back-office management software applications for physicians, announced its plans to exercise its call right to acquire a majority controlling interest in precision care company HEALWELL AI concurrent with the anticipated closing of HEALWELL's proposed acquisition of Orion Health on April 1.
HEALWELL AI is a preventative healthcare company that...
Amboss, a medical education company for medical students and healthcare stakeholders, closed a €240 million ($259.44 million) financing round.
The round included new primary investors KIRKBI, M&G Investments and Lightrock, with participation from existing shareholders. The company recently converted to a European stock corporation (SE).
WHAT IT DOES
Amboss helps medical students and...
Medibank now owns telehealth platform Medinet
ASX-listed private health insurer Medibank has completely acquired telehealth company Medinet.
The company initially made a A$10 million ($6 million) investment in the latter in 2022.
"The team at Medinet has some incredible capabilities in health system interoperability which will be pivotal to the connected experiences that we know will have a big...
Motivity, a clinical SaaS platform for applied behavior analysis (ABA) providers, secured $27 million from Five Elms Capital.
WHAT IT DOES
Motivity provides clinical software for behavioral health providers who treat children with autism. It offers an advanced platform for ABA therapy, which is based on learning and behavior. ABA involves various techniques, such as positive reinforcement and...
Neuromod, a medical device company out of Dublin focused on treating tinnitus, secured €10 million ($10.9 million) in equity financing, expanding its Series B raise.
The raise builds on the company's €10.5 million ( $11.43 million) oversubscribed Series B financing in 2020.
Existing investors Fountain Healthcare Partners and Panakès Partners led the round.
WHAT IT DOES
Neuromod is a global...
