3/22/21

The Rock Weekly

March mega deal madness

A year ago last week, the pandemic was declared a national emergency. 365 days later, the explosion of digital health funding that ultimately followed shows little sign of abating. With four mega deals announced within 48 hours last week—equating to a total of $805M in funding—Clarify Health, Unite Us, Strive Health, and Insitro’s fresh rounds represent a healthy proportion of the total funding raised so far this year. All told, the first quarter of 2021 is on track to close with more than double the number of mega deals compared to Q1 and Q2 of 2020 combined.

Headlines

Grand Rounds And Doctor On Demand To Merge
Multi-billion dollar deal brings together care navigation with telehealth CNBC | (Tweet)

AstraZeneca Presses Forward With Managing Chronic Conditions Digitally
Amaze platform is built atop startup BrightInsight’s infrastructure MedCityNews | (Tweet)

‘Concierge Medicine On Steroids’ Startup To Disrupt Employer-Sponsored Care
Former Livongo CEO Glen Tullman launches latest venture, Transcarent Forbes | (Tweet)

Tinder Is Giving Away Free Mail-In COVID-19 Tests
Dating app provides EverlyWell tests and confirmation that pandemic ingenuity knows no bounds The Verge | (Tweet)

Amazon Care Expands Telehealth For Employees And Other Companies
Two months post Haven wind-down, virtual services roll out nationally (+ home health aspirations) CNBC | (Tweet)

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