GE HealthCare, which officially spun off early this year, announced it is raising its full-year guidance range amid increased demand and ease of supply chain woes.
The company reported $418 million in net income in the second quarter compared with $485 million in the prior-year period and revenue of $4.8 billion, a growth of 7% year-over-year and a 9% organic revenue growth.
The health tech...
Family First, which provides employers and health plans with a technology platform to support caregivers' mental health and wellbeing, secured $11 million in Series A funding.
RPM Ventures and Eos Venture Partners led the round, with participation from Stephen Fromm and Wormhole Capital.
"Family First has a holistic, expert approach to solving caregiving problems," Jonathan Kalman, founding...
Maternity-care management platform Dorsata filed a lawsuit in Suffolk County, Massachusetts, Civil Court yesterday against healthcare technology company athenahealth and nationwide women's health company Unified Women's Healthcare, alleging 11 counts against the providers, including theft of trade secrets, unjust enrichment, breach of contract and tortious interference with current customers. ...
Healthcare-navigation platform Amino Health has received $42 million in credit financing from Oxford Finance as part of its $80 million raise in May.
WHAT IT DOES
The California-based company connects its members with physical and mental healthcare providers and benefits programs, and allows its members to book appointments and keep track of their favorite providers. It also distributes cost and...
Causaly, a tech company using AI to interpret large datasets and literature, announced it closed a $60 million Series B round led by ICONIQ Growth.
Marathon Venture Capital, Index Ventures, Pentech Ventures, EBRD and Visionaries Club also participated in the round, as did former chairman and CEO of Johnson & Johnson Alex Gorsky and CEO and cofounder of Datadog Olivier Pomel.
WHAT IT DOES...
AI-powered senior-focused digital health company CarePredict announced it scored $29 million in Series A-3 investment co-led by Aspire Healthtech Partners and SV Health Investors' Medtech Convergence Fund.
Existing investors Las Olas Venture Capital and Secocha Ventures participated in the round, as did individual investors.
WHAT IT DOES
CarePredict offers an AI-enabled platform for senior care...
Ophthalmology technology company Smartlens announced it closed a $6.1 million Series A equity financing round led by Ambit Health Ventures.
Stanford University, Sophia Innovation Capital, Graphene Ventures, Plaisance Capital Management, Boutique Venture Partners, Wilson Sonsini Investments and 3E Bioventures also participated in the round.
WHAT IT DOES
Smartlens offers miLens, an electronics-...
U.K.-based immersive technology company FourPlus announced it garnered funding from the U,K.'s national innovation agency, dubbed Innovate UK, to create a mixed reality training platform for pharma companies and the healthcare sector.
FourPlus' immersive technology, including its virtual reality experiences, is used within the life sciences sector for workforce management, 3D asset visualization...
A federal judge dismissed a securities class-action lawsuit filed against virtual care company Teladoc Health pertaining to its $18.5 billion merger with chronic care company Livongo.
The complaint, originally filed by shareholder Jeremy Schneider in 2022 on behalf of parties that purchased Teladoc shares between Feb. 2021 and July 2022, alleged the virtual care company's representatives misled...
Pathways to reimbursement for digital health companies can be elusive. A new report by Research2Guidance reveals the outcome of a survey in which 638 digital healthcare stakeholders provided insight into how digital health solutions can monetize their offerings and which countries are more welcoming to the technology.
Ralf-Gordon Jahns, managing director of Research2Guidance, sat down with...
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