Business
Digital health technologies are connected as a group through their primary delivery model – digital – yet technologies vary widely in complexity, application and associated risk says ORCHA's Chief Operating Officer, Tim Andrews.
The deal will provide guaranteed capital to fuel the firm’s rapid growth plan.
Also: Fitness app FitOn raises $18 million, and virtual pediatric platform KixCare completes a $2 million seed round.
The acquisition builds on Best Buy’s previous investments in senior care and remote patient monitoring.
The company plans to use the funds to build out its clinical lab in Boston and expand in the U.S.
The Series D raise brings Devoted Health’s total funding pot to $1.99 billion.
This new funding round brings the company's total raise to $1.15 billion.
A study by Imperial College London found the therapy was more effective in treating stress, anxiety and PTSD than popular meditation apps.
The regulator’s report flagged governance issues in the midwifery and pediatrics service.
Q&A: Deloitte's Peter Micca on the digital health investment boom, going public and value-based care
Micca discusses how COVID-19 has impacted the future of digital health.