What SPACs mean for digital health
Raise your hand if, at some point over the past year, you asked yourself, “Exited via SPAC…what now?”—and then watched as a single SPAC headline gave way to many more, infiltrated your digital health news feed, and eventually turned into a Full. Blown. Thing.
Same here. After conducting an informal poll of the Rock Health (virtual) office and determining that many team members had been pitched participation in a SPAC, we decided it was high time we dove headfirst into digital health’s very own SPAC boom. Check out our take on what we think it means for entrepreneurs, investors, enterprise healthcare companies, and the ecosystem at large.
Headlines
Omada Health Launches Omada Insights Lab To Help Improve Healthcare Outcomes
Insights Lab will share data-driven findings across the industry TechCrunch | (Tweet)
DTx Company Pear Inks Deals To Integrate More Digital Biomarkers Into Platform
+ Akili tests whether DTx game can treat COVID brain fog MobiHealthNews | (Tweet)
Verizon Latest Tech Giant To Elbow Into Telehealth Space With Provider Platform
No shortage to telehealth moving and shaking Healthcare Dive | (Tweet)
Medtronic Launches Health Equity Initiatives For POC Living With Diabetes
A partnership with the American Diabetes Association aims to address disparities HIT Consultant | (Tweet)
Is ‘Femtech’ the Next Big Thing in Health Care?
There’s a ton of untapped opportunity in addressing women’s health The New York Times | (Tweet)
Walgreens-Backed VillageMD Said To Plan Initial Public Offering
In 2021, healthcare cos and billion-dollar exits go together like PB&J Bloomberg | (Tweet)
The Billionaire Who Controls Your Medical Records
A rare interview with the founder of Epic on the EMR giant’s future Forbes | (Tweet)
Recent Funding
- Family benefits platform for employers Cleo nabs $40M
- Virtual primary care provider Firefly Health closes $40M to launch health plan offering
- EHR platform Canvas Medical raises $17M
- Patient billing platform Inbox Health gets $15M
- Specialty medication prior authorization software eBlu Solutions lands $11.4M
- Virtual fitness trainer CLMBR receives $10.7M
- Mental health digital therapy platform Real closes $10M
- Medxoom, a healthcare marketplace for plan administrators, gets $8M
- Hearing health earbud company Olive Union grabs $7M