Press Releases

CancerIQ Raises $14M Series B Funding to Improve Access to Innovations in Cancer Early Detection and Prevention

CancerIQ, a platform powering early cancer detection and prevention across broad patient populations, has closed a $14 million Series B financing round co-led by Merck Global Health Innovation Fund (Merck GHI) and Amgen Ventures. Other investors participating in the round were McKesson Ventures; OSF HealthCare; a current health system customer; and CancerIQ’s Series A lead investor, HealthX Ventures. This funding round comes one month after a report from the President’s Cancer Panel calling for “urgent and immediate action” to close gaps in cancer screening, risk assessment,...

IVX Health to Open Three New Infusion Centers in Southwest Florida to Care for Patients Living with Complex Chronic Conditions

IVX Health recently announced the opening of three new centers in Florida’s Southwest in the spring. The centers will be located in the communities of Fort Myers, Naples, and Estero. The company is known as a nationwide provider of injection and infusion therapy focused on treating patients with complex chronic diseases like rheumatoid arthritis, multiple sclerosis, and Crohn’s disease. The new centers will emphasize a focus on patients, including access to high-speed Wi-Fi, complimentary snacks, and flat screen TVs in the guaranteed private suites. IVX Health centers differ from...

Koneksa Raises $45M Series C Financing to Accelerate Expansion of Digital Biomarker Platform

Digital biomarker design and validation company Koneksa recently announced that it had completed a Series C funding round in which it raised $45 million. The funding round was led by AyurMaya, with Velosity Capital and Takeda Ventures participating as well. Existing investors McKesson Ventures, Waterline Ventures, Mountain Capital, Merck Global Health Innovation Fund, and Novartis were also part of the funding round. This announcement put Koneksa’s gross proceeds raised at a total of $65 million. Matrix Senior Managing Director Karan Takhar will be joining Koneksa’s...

Reimagine Care Secures $25 Million in Series A Funding to Drive Commercialization of Home-Centered, Value-Based Cancer Care

Technology-enabled service provider Reimagine Care is a leader in promoting support for oncologists by delivering valuable, home-centered cancer care. It recently announced that a $25 million capital raise has been completed. Led by LRVHealth, Santé Ventures, and Martin Ventures, the funding will be utilized to advance development of the company’s technology-enabled service platform, which is the first of its kind. The funding will also grow the patient care team and launch the virtual care center. Multiple strategic investors participated in the financing round, including McKesson...

Hims & Hers and Walmart Collaborate To Expand Availability Of Hair Care Offerings To 1,400+ Stores Nationwide and Online

Personal telehealth company Hims & Hers recently announced an expansion to its multi-specialty platform: it has partnered with Walmart to make its products available in certain stores across the country and on the Walmart website. Hims & Hers Chief Operating Officer Melissa Baird shared enthusiasm about the launch, saying that “since our founding, our goal has been to provide quality health and wellness, including hair care and hair loss products, in the most convenient way possible to consumers. We are thrilled to collaborate with such a...

M2GEN Expands Leadership Team, Appointing Daniel Elgorth, Ph.D. as Chief Data and Analytics Officer and May Yoon as Chief People Officer

Bioinformatics company M2GEN is known for its constant push to further oncology research discoveries through analytics and data. It recently announced an expansion of its executive team, appointing two new members: May Yoon has joined as chief people officer and Daniel Elgort, Ph.D., has been appointed chief data and analytics officer. These appointments promise to expand the company’s capabilities to provide differentiated analytics solutions for oncology research. May Yoon takes her role with 15 years of human capital management and capability experience. She has previously worked...

MVP Health Care and Galileo Launch First Virtual Primary and Specialty Care Solution for Medicaid Members in New York

Galileo and MVP Health Care recently announced a partnership with a goal of giving MVP Medicaid members in New York primary and specialty care that is virtual and all-inclusive. This partnership is unlike any previous health care offering because of the two companies’ ability to provide digital healthcare access to those who had been required to see an in-person primary care physician up until this point. Medicaid can be a difficult platform for enrollees, especially when it comes to seeking high-quality healthcare. Over the last 18...

Atlantic Health System Takes Consumer Convenience to the Next Level with Online Scheduling from Kyruus

Health system scheduling solution and provider search platform developer Kyruus recently announced that New Jersey-based Atlantic Health System has increased its use of the Kyruus ProviderMatch® platform. Within the first five months of the system going live Atlantic Health has seen thousands of appointments booked online, proving an incredible adoption rate from both new and existing patients. Kyruus’ work with Atlantic Health System first began in 2017, when they built a new provider directory with system-wide capabilities. The team expanded this work in 2021 when they...

State of Minnesota Selects Truveris to Help Optimize Its Pharmacy Benefits Program

Program performance and pharmacy cost containment manager Truveris recently announced that the company has been selected as the exclusive oversight and procurement partner for the State of Minnesota. Together they will conduct a full reverse-auction process to guarantee the state’s pharmacy benefit needs are given superior contract terms and pricing. Truveris creates honest and fast-paced PBM marketplaces through its patented reverse-auction technology truBid®. This process pushes for notable price reductions on pharmaceutical pricing. Truveris provides a consistent outcome customized for each unique organization by performing a...

Aetion Acquires Synthetic Data Trailblazer Replica Analytics

Regulatory-grade real-world evidence technology provider Aetion recently announced its acquisition of Replica Analytics. Replica Analytics is well known for creating synthetic health data through artificial intelligence programs. Replica will be able to help Aetion through its ability to preserve the utility of source data, thanks to its AI technology generating synthetic privacy-protected copies of real-world data. This will help Aetion improve its knowledge regarding safety, higher standards of care, and treatment pathways. Aetion Co-Founder and President Dr. Jeremy Rassen explained why he’s confident about the acquisition...