New York-based Sesame, which offers a direct-pay healthcare marketplace, announced on Tuesday (April 27) that it has raised an additional $24 million in venture capital. In a press release, the company said that the funding would help build its marketplace and “expand access to affordable,...
Dominick Colabella, CEO of Rectangle Health, dives into how the digital shift is transforming the healthcare payments landscape. “Our digital footprint not only includes how we pay for physical items and services rendered, but also what we can afford for our family’s health and our...
Swedish MedTech startup Kry raised $300 million in a funding round that values the telehealth platform at $2 billion, almost triple the $700 million valuation the firm had last year, CNBC reported. The funding round was led by CPP Investments and Fidelity, with participation by...
On the surface, it appeared as a typical acquisition. A bank, Bank Of America, acquires a healthcare payments platform, Axia Technologies, to strengthen its patient/provider payments capabilities. Under the surface, it was more: a cornerstone for expanding its merchant service offerings in healthcare beyond payments...
As we reported in February, healthcare data breaches have been on the rise since the start of the pandemic. Now, new data shows that the rate at which patient information is being accessed is not slowing down. In March alone, Modern Healthcare reports, there was...
Sun Life Financial will acquire medical intelligence and healthcare navigation provider PinnacleCare International, Sun Life announced Friday (April 23). The $85 million deal will make PinnacleCare part of Sun Life’s Stop-Loss & Health business, which is the largest stop-loss provider in the U.S., per the announcement....
InsurTech Oscar Health is launching +Oscar, a “tech-driven platform business designed to help healthcare clients drive improved efficiency, growth and superior engagement with their members and patients.” An InsurTech aims, through the use of technology, to disrupt the health insurance industry. “We have built Oscar from...
It wasn’t a physician who said, “an ounce of prevention is worth a pound of cure.” It was a revolutionary with a second-grade education named Ben Franklin. Also, he was talking about fires and not fitness — but the saying is forever tied to the...
Facebook said it is rolling out artificial intelligence (AI) tools aimed at predicting the best combination of pharmaceuticals to combat complex illnesses, VentureBeat reported. The social media behemoth said it is launching the first AI solution that is able to predict the effects of drug combinations and...
