In digital health, the A series became the B series


You are reading the web edition of STAT Health Tech, our guide to transforming the life sciences through technology. Sign up to receive this newsletter in your inbox every Tuesday and Thursday.

Faster autism diagnosis with data

Autism Spectrum Disorder is often diagnosed years later than it could be. In a development that could speed up the process, researchers at the University of Chicago The aim was to develop a screening tool to quickly identify children at risk of eventual diagnosis by analyzing the information gathered during routine doctor visits – no special tests or appointments required. Use of millions of claims from Truven health analysis, the researchers have developed a model that “has superior predictive performance over questionnaire-based screenings and can reduce their current socio-economic, ethnic and demographic biases,” the researchers write in Scientific advances.


One of their immediate next goals is to prospectively validate the model in a clinical setting, and they are also investigating whether they can use a similar method to create a predictive model for Alzheimer’s disease.

Virtual basic services are advancing


Virtual primary care seems to be one of the big winners of the Pandemic boom for telemedicine. Teladoc health announced on Wednesday that the Primary360 service, which has been tried in recent years, will now be generally available to commercial health insurers, employers and other benefit sponsors. Several large companies are now using the service, and it will be available through Teladoc, according to Teladoc Etna next year.

in the meantime Firefly health announced this week a virtual-first health plan aimed at small and medium-sized employers. Firefly not only offers access to a virtual first aid team, but also offers navigation services to guide people to personal partner clinics, doctor groups and special treatments as needed. The enterprise allegedly currently cares for less than 7,500 patients.

Series A is the new B.

Long ago, in a galaxy far, far away, healthcare technology entrepreneurs were considered lucky enough to complete a $ 9 million Series A funding round. Not so today, when the average deal sizes in Series A, B and C have roughly doubled the 2017 numbers. Looking at early-stage deals, the average funding for Series A and B 2021 has almost tripled in the past four years. In 2021, the average Health Technology Series A round of $ 18 million surpassed the average Series B round of $ 17 million in 2017. “In other words, A is the new B,” write the authors of Rock health‘s third quarter report.

Speaking of financing trends …

  • Twin healthwho a. used Digital twin approach to develop treatments for metabolic diseases, raised $ 140 million in a Series C round led by a return investor Sequoia capital.
  • Magellan’s Healthcare, the behavioral and specialty medicine department of Magellan’s Health, announced that it is partnering with a mental health startup NeuroFlow to screen and manage patients with its virtual platform.
  • Aquant, Maker of an AI-powered platform that keeps medical device service technicians informed, has closed a $ 70 million Series C funding round, bringing total funding to $ 110 million.
  • Syneos health, a clinical and commercial biopharma research company, acquired Healthcare focused data analytics company RxDataScience.
  • Startup for neurotherapy Mind labyrinth completed a $ 125 million investment round AlbaCore Capital Group.
  • The University of California, Irvine announced a five-year partnership with a health data governance company Syntropy to bring together clinical, research and patient-related information to create a database of real-world data for researchers.

Career shifts

  • Walmart calledAndrea Marks VP for clinical performance of the health and wellness department. Marks, who will lead Walmart’s clinical data and analytics team, was previously VP of People Analytics and the Reporting Center of Excellence at UnitedHealthGroup.
  • Ashwini Zenooz, the former president of the health records and data infrastructure startup Come over, has been appointed CEO of the company. Former Commure CEO Brent Dover will continue to advise the startup.
  • PBM startup Capital Rx rented former Oscar Health Vice President of finances Ari Fischel as CFO.
  • Start of patient communication GOOD health added Isabelle Meyer Stapf joins his management team and appoints them SVP of Product. Meyer Stapf previously worked as VP of Growth for a real estate data company AppFolio.

What we read

Source link


Leave A Reply