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WELL Health Technologies to acquire CRH Medical for $373 million CAD (BETAKIT)
WELL’s CEO called the proposed acquisition a good opportunity for WELL to apply its expertise in healthcare digitization to the US.
Canadian Healthtech Startups: Apply to CABHI’s MC2 Capital Program by March 1
Access up to $300,000 in investment capital. Discover new buyers, customers, and international markets. Engage with subject matter experts and our global partners in the healthtech sector.
The Centre for Aging + Brain Health Innovation (CABHI) announces its Mentorship, Capital and Continuation program (MC2), presented in partnership with National Bank. MC2 Capital is an investment program dedicated to supporting early-stage Canadian healthtech companies.
Signify Health lists on NYSE with $564M initial public offering (MOBIHEALTHNEWS)
The company upwardly revised its IPO twice since filing with the SEC last month.
Sharecare confirms plans to go public through SPAC merger (MED CITY NEWS)
Digital health startup Sharecare plans to go public through a merger with a blank-check company created by Alan Mnuchin. The deal will value the company at $3.9 billion.
Insurtech Oscar Health files for IPO amid strong user growth and widening losses (BUSINESS INSIDER)
Founded in 2012, Oscar Health sells health coverage to individuals and families, small businesses, and seniors in Medicare Advantage plans.
Digital Technology Supercluster invests $2.5 million into new telehealth wound care project (BETAKIT)
The Digital Technology Supercluster is investing $2.5 million into a new $3.1 million initiative aimed to help wound patients access care virtually.
Kleiner-backed Modern Health valued at $1.17 billion after round (BLOOMBERG)
Modern Health, a San Francisco-based mental health platform, says it has raised $74 million in a funding round that pushes its valuation to $1.17 billion.
Federal COVID Alert app to collect more data to gauge effectiveness (CBC)
Until now, observers have found it hard to gauge its usefulness, with no way of knowing how many users have been notified of potential exposure.
Zocdoc banks $150M in new funding as it expands into virtual care, vaccine scheduling (FIERCE HEALTHCARE)
The New York City-based company is reporting strong growth, with annual revenue up by more than 35% before the pandemic and year-over-year growth in 2020 despite COVID-19’s disruption.
Meet HARPA, the bold way Biden can jump-start health innovation (FAST COMPANY)
The Biden administration is contemplating creating a research agency to help fund breakthroughs that aren’t economically viable for big health and pharmaceutical companies.
Why Uruguay’s “miracle” COVID-19 app failed to deliver (REST OF WORLD)
When the pandemic hit, hundreds of Uruguay’s top technologists came together to create a COVID app, but that feel-good moment was short-lived.