Jessica Hagen
Transcarent announced it would expand into the pharmacy benefit space in September.
The company said it will use the funding to accelerate its go-to-market push.
The company will expand its team by 300% by 2023 and expand the rollout of its services in the U.S. market.
The wearable tech company’s deal with Best Buy marks its entry into brick-and-mortar retail.
The company also announced a partnership with managed care organization CareSource to study the benefits of using virtual reality with patients receiving home and community-based services.
The company received the funds as part of growth equity financing.
HealthJoy, Hazel Health, Navina, Galen Robotics, Midi Health and Lumata Health also announced funding rounds.
Adam Elsesser, president, chairman and CEO of Penumbra, describes the medical device company's move into virtual reality and how its REAL system helps therapists measure a patient's progress.
The acquisition will allow Color Health to provide behavioral and mental health treatment at scale.
HSS announced it raised $21 million in Series A funds to launch the new company.