The change in reimbursement policies through the pandemic have made it possible to bill for services, such as virtual care, that were previously unavailable or highly restrictive to rural settings. Many digital health startups and companies see these policy shifts as an opportunity to attract new customers and potentially be reimbursed like an in-network provider.
While companies are developing...
HCAH acquires digital care platform Seniority
HCAH, a health tech company in the out-of-hospital care segment in India, is expanding to elderly care with its acquisition of senior-centric digital care platform Seniority by the RPG Group.
Seniority is one of the largest elderly care platforms in India with a portfolio of more than 20,000 medical and lifestyle products for seniors.
HCAH bought the...
Medical licensing and credentialing platform Medallion raised $35 million in a Series C funding round led by Spark Capital and GV.
The round, which brings Medallion's total raise to $85 million, included participation from Salesforce Ventures, Sequoia Capital, Optum Ventures, BoxGroup and Elad Gil. Medallion announced a $30 million Series B raise in November and a $20 million Series A in June...
Mental health EHR Osmind scored $40 million in a Series B funding round led by DFJ Growth.
Other participants include Susa Ventures, General Catalyst, Future Ventures, Tiger Global, Pear VC and angels Lachy Groom, Brent Saunders, Helena Goodman and Ariel Katz.
Osmind offers an EHR tailored to clinicians and researchers using and studying ketamine and other psychedelics, as well as transcranial...
On-demand, in-home care company Sprinter Health raised $33 million in Series A funding.
The round was led by Andreessen Horowitz, with participation from investors including General Catalyst, Accel and Google Ventures. Angel investors include DoorDash cofounder and CEO Tony Xu and former Senator Bill Frist.
WHAT IT DOES
Sprinter sends nurses and phlebotomists to conduct blood draws, vitals checks...
Home and senior care platform Honor Technology announced Wednesday it has raised $70 million in Series E funding and $300 million in debt financing, earning the company unicorn status as it reaches a valuation of more than $1.25 billion.
The equity financing round was led by Baillie Gifford, with participation from funds and accounts advised by T. Rowe Price Associates, Home Instead founders Paul...
Homebound older adults who participated in a telecare program for three months had improved medication adherence and quality of life, according to a study published in JAMA Network Open.
TOPLINE DATA
Researchers found study participants who received a telecare program had better medication adherence and quality of life scores compared with a control group.
However, there wasn’t a statistically...
The Hanjiao Group, a distributor of healthcare products for the middle-aged and elderly segments in China, has launched a new home care service platform for Chinese seniors.
WHY IT MATTERS
Yiyuan, a cloud-based online-to-offline service platform, connects merchants and consumers within the health and senior care industry. It leverages technology to provide more efficient and targeted home care...
San Francisco-based home-care technology company Honor has wrapped up a $140 million Series D funding round. Announced yesterday, the raise was headed by Baillie Gifford, as well as funds and accounts advised by T. Rowe Price Associates. Also joining was new backer Rock Springs, and prior investors Prosus Ventures, Andreessen Horowitz, Thrive Capital, and 8VC.
This now brings the company's...
Technology-powered home care provider Cera Care has announced today the launch of its SmartCare technology in the UK after securing a $70 million financing boost.
Cera, who specialise in digitally-enabled care services for the elderly, believe the rollout of their new technology and analytics platform could “potentially [save] the NHS millions”.
WHAT IT'S FOR
SmartCare utilises machine learning...
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