Finance

Healthcare provider in scrubs sitting on a couch in a living room with two people
By  Jessica Hagen 09:33 am September 20, 2023
Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital.  Existing investors McKesson Ventures and Flare Capital Partners participated in the round.  The Minnesota-based company will use the funds to expand into new markets and further...
Healthcare worker standing beside a pregnant person lying in bed while both are touching the pregnant person's stomach
By  Jessica Hagen 09:04 am September 19, 2023
GE HealthCare has secured a grant of more than $44 million from the Bill and Melinda Gates Foundation to design AI-enabled applications and tools to help less experienced health professionals in low- and middle-income countries perform ultrasound scans that address fetal and maternal health and respiratory diseases. Caption Health, founded in 2013 and acquired by GE HealthCare earlier this year,...
Healthcare provider talking to a patient while showing them a tablet
By  Jessica Hagen 02:01 pm September 18, 2023
Cardiology care platform CardioOne, a company built through Redesign Health, announced it is partnering with healthcare providers Cardiac Associates of New Jersey, Twin Hearts in Florida and Corrieius Cardiology in Pennsylvania, as well as subscription-based cardiology resources company MedAxiom.  Texas-based CardioOne is a cardiology-focused care delivery enablement platform that offers...
Healthcare provider sitting on a couch with a patient in their home checking their vitals.
By  Jessica Hagen 12:30 pm September 12, 2023
Shareholders of healthcare-at-home specialist Amedisys voted in favor of the roughly $3.3 billion pending acquisition by Optum, a subsidiary of UnitedHealth Group, according to a Securities and Exchange Commission filing. The shareholders approved the adoption of the merger agreement, as well as compensation to the company's executive officers in connection with the merger. Still, the deal...
A doctor answering online inquiries on a laptop
By  Adam Ang 03:44 am September 8, 2023
Online health information platform AskDr has been acquired for an undisclosed sum by Health Innovations, a group of medical doctors based in Singapore. AskDr serves as an online avenue for trusted medical advice and personalised health information. It enables patient-led discussions with doctors as moderators.  Launched during the pandemic, it was run by volunteer doctors who help address medical...
Person sitting down with a computer in front of them with a healthcare provider on the screen
By  Jessica Hagen 12:38 pm September 5, 2023
London-based multinational digital health firm Babylon has sold almost all of its U.K. assets to digital health company eMed Healthcare U.K., a subsidiary of U,S, company eMed, after announcing in early August that its deal to merge with Swiss tech firm MindMaze was canceled. Babylon Healthcare Services Limited, the piece of Babylon purchased by eMed and the bulk of what remained of Babylon...
Four people standing in a room next to a large glass window with two of them shaking hands and the other two watching
By  Jessica Hagen 01:46 pm August 24, 2023
Questa Capital Management, a healthcare-focused venture firm, announced it closed a $397 million venture growth equity fund dubbed Questa Capital III, bringing its total raise to over $1 billion.  Commitments came from blue-chip investors, including endowments, foundations, family offices, pension plans, fund-of-funds and consultants.  WHAT IT DOES The company's current portfolio includes: in-...
A picture of AireHealth's offerings
By  Nathan Eddy 11:50 am August 21, 2023
The assets of respiratory health company AireHealth will be auctioned off on September 13, including the patents, software, hardware and intellectual property for the company's remote patient respiratory care platform. Florida-based Fisher Auction Company will conduct the online auction through its bidding platform. AireHealth, founded in 2018, developed an FDA-cleared nebulizer with Bluetooth...
A person laying in a hospital bed with a newborn on their lap and another person standing beside them
By  Jessica Hagen 01:34 pm August 15, 2023
Baby tech company Owlet reported a drop in revenue to $13.1 million in the second quarter of 2023, compared to $18.3 million for the same period last year. It also reached a milestone, garnering FDA clearance in June for BabySat, its medical pulse oximetry wire-free sock for infants.  The company reported a net loss of $8.5 million in Q2 2023, compared to $11.7 million in Q2 2022, and an...
Person sitting on a couch with their feet up while wearing headphones and looking at a tablet
By  Jessica Hagen 01:06 pm August 14, 2023
Akili Interactive, the company behind a video game-like prescription digital therapeutic for children with ADHD, reported its second-quarter earnings since expanding into the adult ADHD market in June with the release of its over-the-counter offering EndeavorOTC.  The Boston-based company reported $114,000 in revenue for the second quarter of 2023 compared to $113,000 in the first quarter of this...