7/26/21

The Rock Weekly

“Anything you can do, I can do better”

On the heels of Amazon’s recent official rollout of AWS for Health, last week Google Cloud announced a new data organization tool for healthcare—another move in the growing health data infrastructure and interoperability solutions market that’s poised to be a new battleground for market dominance. But tech titans aren’t the only ones with their eyes on this prize. So far this year, there’s been $836M in funding across 18 deals for startups focused on digital health data infrastructure and interoperability. It's the highest funding amount we've seen for this value proposition to date, almost triple 2020's $293M total funding in the category. If data is gold, then perhaps infrastructure competition is digital health's 2021 Olympics. 

We’re already counting down the days until Rock Health Summit 2021, and one of the many reasons is the Rock Health Summit Innovation Council. We’ve been working hand-in-hand with this stellar squad of industry leaders to cook up this year’s Summit content—and you won’t want to miss it. Click here to register or become involved as a sponsor.

Headlines

Merck To Test If Smartphone Data Can Be Used To Detect Early Alzheimer’s
A study conducted by our port co Evidation to validate digital measures MedCity News  

Prescription Apps Could Be Telehealth's Next M&A Targets
The next phase of market maturation for digital therapeutics Business Insider   

Ginger's Digital Mental Health Services Are Coming To Teenage Dependents
Expanding access to members' children Fierce Healthcare  

Mobile App Validation: A Digital Health Scorecard Approach
An evaluation framework for validating health technology Nature  

Recent Funding

  • TMRW Life Sciences, a tech solution supporting IVF and egg freezing, gets $105M
  • Mental health chatbot Woebot Health closes on $90M
  • Quit Genius bags $64M for addiction treatment telehealth
  • b.well, a digital front door for healthcare, grabs $32M
  • Qure4u, which improves clinical insight and patient engagement between visits, gets $25M
  • Healthcare price comparison startup Turquoise Health closes on $5M
  • Cake, an online support for advance care planning and end-of-life decisions, nabs $3.7M
  • RxAll lands $3.2M to advance drug checking and anti-counterfeiting technology
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