Finance
In a preview of their HIMSS22 presentation, Robert Jarrin, strategic advisor to ResMed Corp., and Brian Scarpelli, senior global policy counsel at the Connected Health Initiative, explain the current digital health reimbursement landscape.
The deal adds to Dario's musculoskeletal care offerings. It launched its Dario Move platform in October.
This news comes less than a month after the company closed its acquisition of health kiosk company Higi.
The acquisition is expected to help Thread customers capture real-world data.
The company is looking to use the new funds to expand internationally.
Also: German startup Wellster Healthtech brings its Series B raise to $60 million, Faeth Therapeutics scoops up $20 million and Yuvo Health announces a $7.3 million seed round.
The class action lawsuit alleges a proxy statement provided to investors before the merger misrepresented the company's financial performance and prospects.
Health tech companies raised nearly $40 billion last year, according to Silicon Valley Bank's Healthcare Investments and Exits Report. IPOs were also up, but those companies didn't fare as well in the public markets.
Also: Diana Health raises $11 million for its maternity care tool.
2022 Look Ahead
Glooko CEO Russ Johannesson predicts that the growth in digital health funding will continue this year, and that the push toward interoperability will be critical for the space.