Category: digital health

Google Ventures leads $35M funding round for digital health pharmaceutical company

GV, formerly known as Google Ventures, led a series A $35 million funding round for a digital health pharmaceutical company Waltz Health.

Biofourmis reaches unicorn status, welcomes former Medtronic CEO

Digital therapeutics and virtual care provider Biofourmis surpassed a $1 billion valuation when it closed a $300 million series D funding round April 26.

US agency unveils framework to evaluate health apps

The Defense Health Agency’s branch for connected health developed a framework to evaluate the thousands of health apps available. 

8 reasons health AI companies fail

Artificial intelligence in healthcare “doesn’t really exist right now,” even though it should, according to Aike Ho, a partner at venture capital firm Acme Capital. 

Mayo Clinic developing mobile app to staff nurses

Rochester, Minn.-based Mayo Clinic is collaborating on a mobile platform to find nurses on demand.

FDA approves Fitbit AFib detection algorithm

Fitbit on April 11 received FDA clearance for its new photoplethysmography algorithm to identify atrial fibrillation. Here are three things to know:

Tivity Health to be acquired for $2B

Franklin, Tenn.-based Tivity Health has agreed to be acquired and taken private by Stone Point Capital, a private equity firm. 

Heart algorithms don’t perform well on patients they’re not trained on

Algorithms used to estimate risk of heart problems are performing poorly when applied to new populations, resulting in substantial risk of harm, according to a study published in Circulation April 5.

5 digital health startups that raised more than $150M in Q1

U.S. digital health funding reached $6 billion across 183 deals in the first quarter of 2022, falling behind the $7.3 billion raised in the fourth quarter of 2021, according to Rock Health’s quarterly report.

Pfizer, Anthem, Eli Lilly, Janssen, Merck + others develop digital tool kit for drug reimbursement

Anthem, Biogen, Eli Lilly, Evidation, Janssen, Merck, Pfizer and Savvy Co-op partnered with a nonprofit organization to develop a toolkit to support reimbursement for new drugs developed using digital endpoints.