Portfolio News

Aledade Raises $64 Million Series C on Nationwide Growth of Value-Based Care Network

Aledade announced that it has closed a $64 million Series C funding round following the continued growth of its national network of physician-led accountable care organizations (ACOs). New investor OMERS Growth Equity led the round, which included strategic investors Echo Health Ventures and California Medical Association, and returning investors Meritech Capital and GV (formerly known as Google Ventures). “When we started Aledade nearly six years ago, we believed that value-based care was the only path forward for our health care system and a sustainable business model...

Facebook will send warnings to users who encounter COVID-19 misinformation, Apple Maps to surface testing centers and more digital health news briefs

In its latest round of digital health news briefs, Mobi Health News shared the results of Mercom’s quarterly digital health VC funding report for Q1, which, like Rock Health and Mobi Health News itself, declared the first quarter of 2020 to be a record breaker. The Mercom report tallied 142 deals from 433 investors that comprised $3.6 billion in investments, a 79 percent increase over Q1 2019.  The Rock Health report stated that $3.1 billion had been invested over 107 deals, and Mobi Health News tracked...

When emissions decrease, people’s asthma gets better

Air pollution has long been linked to respiratory problems, particularly asthma. Thus, it came as small surprise that a new study published in the journal Nature Energy by Columbia University, Harvard, the Louisville Metro Department of Public Health and Wellness, Propeller Health, and others, shows just that. In 2012, the city of Louisville, Kentucky, partnered with Propeller Health for a pilot called AIR Louisville, which enrolled city residents in a program to use Propeller’s sensor-enabled inhalers to gather data that allowed them to understand how local...

Matternet CEO: Drones would be helpful right now if we could deploy them at scale

Even for a company so well equipped to handle the COVID-19 epidemic—with contact-free drone delivery of medical supplies—Matternet is still facing some obstacles. In a recent interview with VentureBeat, Matternet CEO Andreas Raptopoulos talked about what the last few weeks have been like and where he wants the company to focus next. Because Matternet supplies services to the health care industry, it has been able to maintain a skeleton crew at its San Francisco office. However, the company has had to stop operations in three of its...

Doctors Struggle to Get Paid for Telehealth Visits

Telehealth usage during the COVID-19 pandemic has increased rapidly, compared with its previously slow uptake. In fact, telemedicine provider Amwell said that as of March 31, 2020, usage of its app was up 158 percent since January. In some hard-hit areas like Washington, app usage was up by as much as 700 percent at times. But despite the promises of increased reimbursement from the federal government and from private insurers, providers say they’re not being paid what they were promised, and certainly nowhere near what they...