Dave Muoio
The combined entity now stands as the largest virtual physical therapy technology provider in terms of revenue and customer base, per Physitrack's CEO and cofounder.
This is Olive's third raise in 2020 alone, and now values the AI company at $1.5 billion.
The Alphabet subsidiary aced a long-running research competition with its deep-learning system, called AlphaFold.
Butterfly's cash reserve grows while it aims to expand its business. UpHealth, meanwhile, is bringing telehealth, telepsychiatry, digital pharmacy and integrated care management under one roof.
A Q4 progress report from CB Insights predicts a drop-off in investment between the quarters, for digital health and the broader healthcare startup ecosystem alike.
New data from a 2,052-person survey suggest that older healthcare consumers value their trusted providers, while younger generations are willing to pay a "convenience premium" for easy-to-access virtual care.
Also: Nanowear picks up a 510(k) for its remote monitoring undergarments; RxVantage acquires onPoint Oncology.
Lucira's molecular testing kit allows individuals to collect their own nasal sample and insert it into a device that provides results in under 30 minutes. The company is aiming to sell the single-use tests for roughly $50.
Backed by an unannounced $3.2 million seed funding round from 2019, the virtual mental healthcare startup has announced three new partner schools and the official launch of its integrated "Managed Care Program" offering.
The announcement comes a few months after Medtronic acquired the InPen device's original maker, Companion Medical.