Hearing care startup TympaHealth scooped up $23 million in a Series A funding round led by Octopus Ventures.
The raise also included participation from existing investors and newcomers Dara Capital, Rezayat investments, and angels Bob Davis and Jeff Leerink.
The London-based company previously raised $8 million in seed funding early last year.
WHAT THEY DO
Tympa offers a portable system that...
Teladoc Health stock rose Wednesday night after the virtual care company posted a revenue boost and a narrower loss in the first quarter this year.
Teladoc reported revenue of $629.2 million, an 11% increase from $565.4 million in the first quarter of 2022.
Net loss was $69.2 million, or $0.42 per share, compared with $6.7 billion, or a loss of $41.58 per share, in Q1 last year. In 2022, Teladoc'...
U.K.-based Ultromics announced it received FDA Breakthrough Device Designation for an AI tool that aims to detect cardiac amyloidosis.
The platform, called EchoGo Amyloidosis, analyzes echocardiograms to find signs of the condition, where the protein amyloid builds up in the heart and limits function. Though the designation isn’t a marketing approval from the FDA, it aims to accelerate review of...
Surgical collaboration app Chiefy announced this week it had raised $4.2 million in a seed funding round led by LionBird with participation from Nina Capital and Emerge Ventures.
WHAT IT DOES
The startup offers a chat and communication platform that allows members of the surgical team to hold a pre-operation briefing virtually, instead of relying on in-person meetings or text messages, emails and...
GE HealthCare's stock slipped Tuesday morning even as the health technology giant beat earnings estimates during its first full quarter as an independent company.
The company, which officially spun off early this year, reported $372 million in net income in the first quarter compared with $389 million in the prior-year period.
The health tech giant reported revenue of $4.7 billion, an 8% increase...
Oracle has announced that Seema Verma, former administrator of the Centers for Medicare and Medicaid Services, will head up its life sciences division.
Verma will serve as senior vice president and general manager for life sciences, where she'll lead the division, as well as the company's data analytics and research arm Cerner Enviza. She most recently worked as a senior advisor to private equity...
It's still early days for integrating digital therapeutics into clinical care, said panelists at the 2023 HIMSS Global Health Conference & Exhibition. But they have a role to play when developers consider the different needs of all healthcare stakeholders, including patients, hospitals, clinicians and payers.
Santosh Mohan, vice president of digital at Moffitt Cancer Center, said there are...
As more care moves outside the hospital, providers are working to support patients with complex needs in their homes, said Manav Sevak, CEO and cofounder of Memora Health.
The startup, which recently announced another $30 million raise, offers a tech platform that aims to automate care programs, including for chronic condition management, maternal support and cancer care.
Like what you hear?...
CHICAGO – Implementing precision medicine programs could allow health systems to diagnose disease more quickly or predict a patient's response to a specific mediation, said panelists at the 2023 HIMSS Global Health Conference & Exhibition.
But there are challenges to putting together an effective genomics program, said Jackie Rice, vice president for information technology and chief...
Health systems are facing a difficult financial future as labor costs soar and the population ages, increasing demand just as hospitals have less resources to serve them, said panelists at the 2023 HIMSS Global Health Conference & Exhibition.
Kaveh Safavi, senior managing director of healthcare at Accenture, is concerned access is going to become a much bigger issue. Though he's hopeful that...
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