Candid Health, a revenue cycle management platform for healthcare providers, announced it raised $52.5 million in Series C funding.
The round was led by Oak HC/FT with participation from existing investors.
The latest funding round brings the company's total amount raised to $99.5 million.
WHAT IT DOES
Candid Health aims to simplify medical billing by giving providers the ability to focus on...
South Korean wearable robot heads to US
WIRobotics, a robotics manufacturer from South Korea, is set to launch its wearable gait assistance robot in the United States.
Called WIM (We Innovate Mobility), the wearable exoskeleton, launched last year, features different modes: assist, resist, hike, and slow walk. It comes with a companion mobile application that provides analysis of gait, including...
Gennev, a digital menopause care delivery platform, announced it is now an in-network provider for most of Aetna's commercial health plans nationwide.
Seattle-based Gennev, previously known as Genneve, provides menopause patients with personalized treatment through its network of OB-GYNs, health coaches and registered dietitians.
Gennev will be available to most of Aetna's commercial members...
CHICAGO — Digital therapeutics have the potential to give patients a new way to access care and lessen the burden on providers, said panelists at the 2023 HIMSS Global Health Conference & Exhibition on Tuesday. But startups face some challenges when it comes to getting these tools into patients' hands.
Kelsey Maguire, managing director at Blue Ventures Fund, said many companies are interested...
Healthcare automation company Olive is selling its AI-enabled utilization management tool for payers to health information network Availity.
The deal marks another product divestiture for Olive. Axios first reported last fall the company was selling its population health and 340B management tools to healthcare AI company Rotera.
Those sales came several months after Olive announced it was laying...
OpenLoop, which provides staffing and support to digital health companies launching virtual care services, garnered $15 million in Series A funding and announced a nationwide payer network and revenue cycle management service.
Nava Ventures led the round, with participation from PrimeTime Ventures, UnityPoint Health Ventures, ManchesterStory and SpringTide Ventures.
WHAT IT DOES
The Iowa-based...
Digital musculoskeletal (MSK) health company IncludeHealth announced it had raised $11 million in a funding round led by CincyTech with participation from Tamarind Hill and other investors.
The company said it would use the funds to expand MSK-OS, its virtual care platform for delivering musculoskeletal care and physical therapy. Late last year, IncludeHealth announced a partnership with Yale New...
Health benefits company Angle Health announced it had scored $58 million in Series A funding.
Portage led the round, with participation from SixThirty Ventures, Crew Capital, PruVen Capital, Mighty Capital, Aloft VC, Wing Venture Capital, Mindset Ventures, Wormhole Capital and Waseem Daher, founder of Pilot, the accounting services company for technology startups.
Existing investors Correlation...
Healthcare fintech PayZen raised $20 million in an equity funding round, led by 7wireVentures, and received a $200 million credit facility from Viola Credit.
Others participating in the equity raise include previous investors SignalFire, Link Ventures and Picus Capital. Lee Shapiro, managing partner at 7wireVentures and former chief financial officer of chronic care management company Livongo,...
Meditation app Calm revealed a new mental health product that will be offered through traditional healthcare industry players like providers, payers and self-insured employers.
The company said the offering, dubbed Calm Health, will include condition-specific programs that are "designed to bridge the gap between mental and physical healthcare." Calm Health will also include tools for...
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