Make it or break it
As industry leaders gathered at JPM, there was a fair share of deal making—and breaking. Teladoc doled out $600M for an enterprise telehealth business, Uber and Cerner teamed up on medical transportation, and Dexcom launched an integration with Livongo. But some good things must come to an end. As Proteus’ key partnership with Otsuka dissolved, Epic let customers know it’ll stop integrating with Google Cloud.
Speaking of deals, digital health startups brought in over $270M in funding last week, including our own DrChrono and Vivante Health. And we’re thrilled to announce our newest investment in Precise.ly, who is bringing the potential of consumer genomics to underserved geographies—starting in India. Welcome to the Rock Health family!
Headlines
ONC Releases Draft Five-Year Federal Health IT Roadmap
At the same time, a lobbying fight unfolds on the Hill FierceHealthcare | (Tweet)
Fitbit Beats Apple To Adding Blood Oxygen Monitoring
The feature’s been activated on a handful of its wearables CNET | (Tweet)
Can We Ever Trust Google With Our Health Data?
+ Experts explore how to do so while protecting patients Financial Times | (Tweet)
CMS’ Chief Medical Officer Is Headed To Humana
HHS CTO Mona Siddiqui is leaving her post as well Modern Healthcare | (Tweet)
“How Long Do I Have?”
This website wants to make cancer survival conversations easier STAT | (Tweet)
Pharma R&D Partner Schrödinger Eyes $100M IPO
Selling software and growing its own drug discovery efforts FierceBiotech | (Tweet)
Recent Funding
- Precision health company Color closed $75M
- Diabetes management platform Bigfoot Biomedical brought in $45M
- Modern Health got $31M to offer mental health support benefits
- Vesta Healthcare landed $30M to connect caregiver insights
- Companion Medical raised $27.5M for its smart insulin pen and app
- Our own DrChrono got $20M for its mobile EHR and billing services
- Cancer patient knowledge platform SurvivorNet brought in $10M
- Rock Health portfolio company Vivante Health closed $5.8M
- Embodied Labs got $3.2M to use VR to train the aging care workforce
- Precise.ly raised a seed round from Rock Health and angels