Seattle-based venture capital firm Biomatics Capital, which focuses on companies innovating around healthcare and technology, has closed its initiatory fund of $200 million. This exceeds the firm’s target of $150 million and spans a range of investors including individuals, family offices and institutions.
Biomatics is particularly interested in genomics and digital health, and will use this fund...
Bethesda, Maryland-based Aledade, which partners with primary care physicians to create tech-enabled accountable care organizations, has raised $20 million in a round led by Biomatics Capital, GV and Maryland Venture Fund. Existing investors Venrock and ARCH Venture Partners also contributed to the round. This brings the company’s total funding to $54.5 million.
The funding, which was announced...
Apple has hired Dr. Mike Evans, a Toronto doctor who boasts 70,000 followers on his medical-themed YouTube channel. Evans was formerly a staff physician at St. Michael's Hospital in Toronto. As CBC reported, Evans is a mobile health enthusiast who has talked on his YouTube show about a future in which he might precribe an Apple Watch app for high blood pressure. Apple doesn't typically comment on...
Teladoc, a video visits company, has hired Stephany Verstraete as its chief marketing officer. Before working at Teladoc, Verstraete worked in marketing for Truveris, as their CMO. She's held past marketing positions at Kraft, Frito Lay, Hostess, Match.com, and Expedia. Teladoc CEO Jason Gorevic said in a statement that Teladoc most valued Verstraete’s experience building brands and working in...
Proteus Digital Health, which offers an ingestible sensor and digital medicine system, has hired Molly O’Neill as its chief commercial officer. O'Neill previously served as SVP of business development at Tenet Health, a healthcare services company. Before working at Tenet, O'Neill worked at Ascension Health Care Network, Inova Health System, and Duke University Health System. At Proteus, O'Neill...
Gwen Hines, RN, Practice Administrator, Atlantic Adult & Pediatric Medicine, an Aledade partner
Bethesda, Maryland-based, tech-enabled accountable care company, Aledade, has raised $30 million in venture funding led by return backer ARCH Venture Partners with participation from its other existing investor Venrock. The company raised $4.5 million in its first round last summer, which is...
Former National Coordinator for Health Information Technology at the U.S. Department of Health and Human Services, Dr. Farzad Mostashari, launched a startup this week, called Aledade, that will partner with independent primary care physicians to help them join or form accountable care organizations.
"For me, health IT was never the 'ends', but a 'means' to better health and better care, and I...
