Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023.
Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round.
Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime...
Diagnostics company LumiraDx announced it signed an agreement to sell its point-of-care technology to pharma giant Roche for $295 million, with an additional payment of $55 million to fund the platform until the acquisition closes.
LumiraDx developed a diagnostic testing system that uses a small, portable instrument and microfluidic test strips to perform multiple lab-quality tests via a single...
Federal agencies like the FDA and HHS have established safety programs to ensure safe and trustworthy artificial intelligence use in various sectors, including healthcare.
Digital health executives relayed their recommendations, advice, and suggestions for regulators configuring rules around AI use in healthcare to MobiHealthNews, including flagging AI-generated content and building off existing...
The U.S. Court of Appeals for the Federal Circuit has temporarily paused the International Trade Commission's exclusion order banning sales and imports of Apple's Watch Series 9 and Watch Ultra 2 in the U.S. following an appeal by the tech giant.
Suspension of the order allows Apple to resume selling its smartwatches in the U.S. with the disputed blood oxygen feature. Apple said in a statement...
Boston-based Heranova Lifesciences, a women's healthcare company focusing on reproductive health, pregnancy and menopause, announced its launch with $13.5 million in seed and seed+ funding.
Emerging Technology Partners, Pivotal bioVenture Partners China, Sinovation Ventures and Triwise Capital participated in the round.
WHAT IT DOES
The company, which also has a presence in China, offers...
Executives in the digital health space shared with MobiHealthNews the most notable events in healthcare in 2023, including generative AI moving into the mainstream, the rise of ChatGPT, the fall of Silicon Valley Bank and Medicaid disenrollment.
Matthew Stoudt, cofounder and CEO of AppliedVR
"Silicon Valley Bank was the clear Black Swan event of 2023 and sent a shockwave through the entire system...
Apple can no longer sell its newest smartwatches, the Apple Watch Series 9 and Watch Ultra 2, in the U.S. after President Biden declined to veto a product ban implemented by the International Trade Commission (ITC) that cited patent infringement.
The ban, which came into effect this week, was implemented by the ITC in October to protect medtech company Masimo, which sued Apple in 2020 for...
Carrum Health, a digital marketplace for employers to purchase bundled healthcare services, announced it has partnered with Florida Cancer Specialists & Research Institute to offer employers in Florida breast cancer care services.
Carrum Health offers a value-based platform that allows self-funded employers to buy specialty care, focusing on surgical and cancer care. It provides a digital...
Note: Andreessen Horowitz says views expressed by its employees are their own and should not be taken as investment advice. More details at https://a16z.com/disclosures/.
As 2023 comes to a close, Jay Rughani, investment partner at Andreessen Horowitz, joined MobiHealthNews to discuss his takeaways from the year, noteworthy events, recommendations for regulators forming rules around AI in...
GuideHealth, an AI-enabled value-based care provider for health systems, announced it acquired healthcare data analytics company Arcadia's value-based care services division and managed services organization.
The company also announced it signed an agreement with Arcadia to leverage its data analytics platform to power the acquired offerings, which will work in conjunction with its predictive and...
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