H|T: The Healthtech Times – WebMD Rivals

The Healthtech Times is a weekly newsletter covering healthtech news from Canada and around the globe. Subscribe to H|T using the form at the bottom of this page to ensure you don’t miss out on the most important healthtech news every week!


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BetaKit

AlayaCare acquires New York-based Arrow Solutions to tackle US Medicaid market

Healthtech startup AlayaCare, which develops solutions for home care providers, has acquired New York-based software company Arrow Solutions.


RECOMMENDED BY CALGARY ECONOMIC DEVELOPMENT

Calgary companies to lead $18.4 billion spend on digital transformation in Alberta through 2022

While one-quarter of the total investment in digitization is accounted for by the energy industry, most of the spending will occur across multiple sectors including creative industries, manufacturing, logistics, financial services, life science and agribusiness. Adoption of digital technology will see the fastest growth in agriculture and manufacturing.


TechCrunch

ePharmacy Ro launches doc-approved WebMD rival Health Guide

Health Guide is the new medical handbook for the internet, where 30% of content is written by doctors and 100% is reviewed by them. Rather than aggressively hawking its own products at the end of articles, Health Guide just lists the medications you could take, insists you ask a doctor what’s right and leaves it up to you to choose where to buy.


BetaKit

BenchSci raises $29 million CAD Series B round

BenchSci has raised a $29 million CAD ($22 million USD) Series B funding round led by F-Prime Capital.


TechCrunch

Innovaccer wants to be the service that unifies all healthcare data

The company’s software pulls from datasets, generated by Cerner and Epic’s healthcare records, insurance companies and pharmacies, to create a more holistic view of a patient, the company says.


Primary care startup Iora Health raises $126M

The Boston-based company currently has 48 practices across the U.S., a significant increase from the 24 practices it had in 2018, when it raised $100 million. Iora claims it can reduce patient hospitalizations through its model, where physicians charge a flat fee per patient visit rather than billing for every service provided.


Flywire Raises $120M, Acquires Simplee Healthcare

Flywire’s high-tech platform for providers and Simplee’s consumer-first paths to payment aim to help patients and providers settle payments faster and on their own terms. Together, the companies will power four of the top 10 U.S. healthcare systems and process in excess of $10 billion in payments.


Meditation app Headspace raises $93M

Two years ago, Headspace announced it would seek FDA approval, with the hope of becoming the first “prescription meditation” app. The company hoped to get approval for an undisclosed indication in 2020, but has not yet shared new details on its timing or the specifics of what it will pursue.


BetaKit

Narwhal List 2020 tracks a year of massive raises, 42 potential Canadian Unicorns

Charles Plant, the founder of the Narwhal Project, has released the 2020 Narwhal List, a report highlighting Canada’s fastest-growing tech companies.


LATEST HEALTHTECH GRANT OPPORTUNITIES

3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.

CAN – CIHR Catalyst Grant: Addressing Musculoskeletal Conditions and Arthritis in Canadians (read more)

CAN – CIHR Inuit Research Network Development Grant (read more)

CAN – CIHR Netherlands-Canada Type 2 Diabetes Consortium – Travel Award (read more)


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.