Payer

Person on a computer speaking with a healthcare provider
By  Jessica Hagen 01:19 pm May 5, 2023
Contract negotiations between virtual primary and urgent care provider Carbon Health and health insurance giant Elevance Health have become public after Carbon published a blog post calling out the insurer for failing to "pay a living wage" for its services provided to members in California.  The virtual care provider said it has been in talks with Elevance, which operates in the state as Anthem...
Healthcare provider in a pharmacy
By  Jessica Hagen 11:23 am May 5, 2023
Global healthcare company AmerisourceBergen has announced a strategic partnership with business-to-business telehealth provider SteadyMD, beginning with the companies cocreating and piloting a telehealth offering for independent community pharmacies dubbed Test to Treat. The Test to Treat model allows individuals to be tested for an illness or condition at an independent pharmacy and then consult...
A person talking to a provider via a video chat on a laptop
By  Emily Olsen 12:11 pm May 4, 2023
Amwell reported a significantly larger net loss in the first quarter due to a noncash goodwill impairment charge related to a lasting decline in the company's share price. The telehealth company posted a $398.5 million loss compared with $70.3 million in the prior-year period and a $61.6 million loss in the fourth quarter. The impairment charge was $330.3 million. "This charge resulted from the...
The Minuteful Kidney test
By  Emily Olsen 02:34 pm May 3, 2023
Smartphone urinalysis company Healthy.io announced Wednesday it had wrapped up a $50 million funding round. The Series D, which also includes a previously unannounced $45 million raise from early last year, was led by Schusterman Family Investments, with participation from Aleph and existing investors.  Healthy.io said the funds will be used to expand in the U.S. The company has offices in Boston...
Person looking at their phone
By  Jessica Hagen 01:46 pm May 3, 2023
Talkspace reported an 11% increase in revenue in the first quarter that was driven by an increase in its business-to-business sales. The teletherapy company reported $33.3 million in revenue compared with $30.2 million in the prior-year period. It noted a 71% increase in its B2B revenue year-over-year and 40% decline in its consumer revenue. The New York-based company reported a net loss of $8.8...
Healthcare provider looking at a tablet
By  Jessica Hagen 10:34 am May 3, 2023
Hybrid women's healthcare provider Tia is expanding its mental health services to include new offerings dubbed Groups and Coaching.  Tia combines virtual and in-person care for various women's health needs, including primary and gynecological care and wellness services. The company offers mental health assessments through its primary care visits. Users will now have access to Groups, an eight-...
Two people sitting on the floor
By  Jessica Hagen 03:53 pm May 1, 2023
Hybrid fertility and reproductive care company Kindbody scored a $25 million investment from JPMorgan Chase's business unit focusing on employer-sponsored healthcare, Morgan Health. Dr. Cheryl Pegus, managing director of Morgan Health Ventures, will join Kindbody's board of directors.  WHAT THEY DO The New York-based company offers virtual and in-person services, including egg freezing,...
A doctor looking at a mammogram.
By  Emily Olsen 12:01 pm May 1, 2023
Using low-tech interventions like a DVD and patient navigation services delivered by phone increases the odds of obtaining cancer screenings among rural women, a new study has found. The study, published in JAMA Network Open, recruited nearly a thousand women from rural Indiana and Ohio who weren't up-to-date on any or all recommended screenings for breast, cervical and colorectal cancer. Some of...
Practice Better platform
By  Jessica Hagen 01:25 pm April 28, 2023
Practice Better, a practice management platform for health and wellness practitioners, scored a $27 million growth investment led by Five Elms Capital.  WHAT THEY DO The Canadian company offers a platform for health and wellness professionals to manage a range of services, including scheduling appointments, managing billing and payments, providing telehealth and messaging. The funding will help...
Healthcare provider looking at a tablet
By  Jessica Hagen 12:17 pm April 25, 2023
Israeli-based Neteera, which offers contactless remote patient monitoring, announced it had closed a Series B funding round worth about $13 million. Aescuvest led the round, alongside existing and new investors Nanz Family Office, Omega Healthcare Investors, Esas Private Equity and Ankor Holding. The company also announced its strategic partnership with Omega, which provides technology-enabled...