Harbor Health, a Texas-based primary care clinic group that offers virtual and in-person care, announced it scored $95.5 million in funding, led by General Catalyst, with participation from Alta Partners and 8VC.
The investment brings the company's total raise to more than $128 million.
The funds will be used to grow its services and expand its specialty care offerings, including designing...
An antitrust lawsuit has been filed against Cigna-owned online pharmacy and pharmacy benefit manager (PBM) Express Scripts by several community, independent pharmacies. The suit alleges the company teamed with rival PBMs to fix pharmaceutical reimbursement rates and fees and collect a portion of the revenue.
PBMs manage pharmacy benefits for healthcare plans, and can negotiate prescription prices...
At the JPM Healthcare Conference in San Francisco, Amazon announced the launch of its new Health Condition Programs, which allow customers to tap into digital health benefits offered through their employer or insurance carrier, with chronic care management company Omada Health as the company's launch partner.
Amazon aims to help individuals access digital health tools that can help them manage...
Pharma giant Lilly announced the launch of a digital health experience dubbed LillyDirect, which offers patients with diabetes, obesity and migraines access to healthcare providers, educational information and a digital pharmacy for select Lilly medicines.
The platform includes LillyDirect Pharmacy Solutions, which allows patients to order Lilly's drugs via a third-party online pharmacy...
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...
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...
Pakistani telemedicine startup Sehat Kahani has gained $2.7 million in a Series A funding round led by the health tech fund Amaanah Circle from Singapore.
Epic Angels, Cross Fund, USAID Investment Promotion Activity, Augmentor, Impact Investment Exchange and the Elahi Group of Companies also participated in the funding round.
WHAT IT DOES
Founded in 2017 by two women doctors, Dr Sara Saeed...
Indian AI drug discovery firm gets $1M to focus on rare diseases
Peptris Technologies from Bangalore, India has received $1 million in pre-seed funding in a round led by Speciale Invest.
In a statement, the AI-driven drug discovery company said it will use its fresh funds to expand its research scope to cover rare diseases, adding to its existing work in cancer and inflammation.
Cipla raises...
LUMA Vision, maker of a 4D cardiac imaging and navigation platform that uses machine learning, announced it secured $22 million in Series A3 financing.
The round was led by existing investors ABV Uni Fund, imec.xpand and EQT Lifesciences, and included new investors Bayern Kapital, Atlantic Bridge Growth Fund and an undisclosed strategic investor.
WHAT IT DOES
LUMA, which spun out of Trinity...
At the HIMSS AI in Healthcare Forum in San Diego on Dec. 14, a group of panelists outlined tactical pathways to artificial intelligence adoption and investment, including how to maximize impact and decisions around adopting existing tools or building new AI infrastructure.
Anne Snowdon, CEO of Scan Health and chief research officer at HIMSS, said that determining strategic priorities and setting...
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