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Dave Wessinger takes over as PointClickCare CEO as brother and co-founder Mike becomes executive chair (BETAKIT)
The change in leadership follows a strategic minority investment secured at the start of 2020.
“Innovation is not just about technology. It’s the mechanism by which you organize and sequence how you actually deliver healthcare, and how to actually understand the patient-doctor relationship.”
In an interview with BetaKit, Saleema Khimji, the Chief Innovation Officer at MCI Onehealth, shared how the current siloed ecosystem of researchers, governments, and private sector companies can fail patients – and why a new patient-centric model based on collaboration needs technology to thrive.
Clinical trial software company Reify hits $2.2B valuation (MED CITY NEWS)
Reify, which makes software for clinical trial recruitment and decentralized clinical trials, raised $220 million in a funding round led by Coatue Management.
Halifax-based Tranquility specializes in internet-based cognitive behavioural therapy (iCBT) and mental health coaching for anxiety, depression and other related conditions.
Leaders from MindBeacon, Esplanade Ventures, and TELUS Health MyCare join for a BetaKit Live panel conversation on the future of virtual care.
Digital health platform Sharecare is moving into the home health space with its acquisition of CareLinx for $65 million.
Seeing the sizeable returns from its investments in companies, WELL has moved to reinforce that strategy, recently launching a corporate investment arm to formalize its approach to making strategic minority investments in digital health and wellness startups.
Fluid Biotech secures $5.8 million CAD to accelerate development of innovative brain aneurysm stent (BETAKIT)
The seed financing brings the startup’s total funding to date to around $8 million and will help Fluid Biotech further develop the delivery system for its stent and to get the device into pre-clinical and human trials.
More fraud, tax evasion charges for telemedicine operator tied to $784M scheme (FIERCE HEALTHCARE)
The owner of multiple telemedicine companies has again been indicted by a federal grand jury for quarterbacking and concealing one of the largest Medicare fraud and kickback schemes pursued by the Department of Justice.
Medimap raises $3.5 million to bring walk-in clinic wait time tech to more medical practices (BETAKIT)
After establishing itself as a platform to look up wait times and availability at walk-in medical clinics across Canada, Medimap sees room to grow by applying its tech and expertise to new healthcare verticals.
In a recent Sage Intacct webinar, Bessemer Venture Partners partner Mary D’Onofrio and investor Janelle Teng shared their insights on the state of cloud companies in 2021, and what that means for young SaaS startups.
After losing his sister to cancer, a former Apple exec wants to make it easier for patients to get their health records (MED CITY NEWS)
After traveling with her to different doctors across the country, and helping carry her records, Sethi created his own company to pull together harder-to-find records, such as scans and pathology reports.
Dialogue’s increase was the result of net proceeds from its initial public offering of $90.6 million in March 2021, offset in part by cash used in operations during the first half of 2021.
Doximity shares jump after digital health company says revenue doubled in first report since IPO (CNBC)
In its first earnings report as a public company, Doximity said revenue in the fiscal first quarter climbed to $72.7 million from $36.4 million a year earlier.
The funds will go toward helping ORO accelerate the development of its telemedicine platform, and aid in its commercialization and licencing.