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“Two Chairs secures $72 million in Series C funding to expand its therapist network through equity and debt capital”

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When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health. On Tuesday, the company announced a $72 million Series C equity and debt financing led by Amplo and Fifth Down Capital, bringing Two Chairs total funding to $103 million. Amplo also led the company’s $22.5 million Series B in August 2019. Two Chairs is one of the latest therapy startups to raise substantial funding rounds. Last week, Grow Therapy, a three-sided mental health platform for therapists, payers and patients, raised an $88 million Series C round led by Sequoia.

Development of a Biowearable Device for Monitoring Chronic Kidney Disease by Metyos

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For his next trick the Paris-based robotics entrepreneur is fronting work on a far lighter kind of wearable: An arm-worn patch for monitoring chronic kidney disease (CKD). At the same time rising costs of healthcare provision has increased pressure on services to find smarter ways to tackle expensive issues like chronic disease management, without compromising quality of service. Biowearables offer a potential route to help square this circle for a range of chronic health conditions. At the same time Boulanger’s co-founder, Chashchina, was dealing with a chronic health condition. Metyos cites statistics which suggest there are more than 800 million CKD patients globally.

Simplifying Medical Image Exchange: PocketHealth Facilitates Smooth Doctor-Patient Interactions

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Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and received the images on a CD? Many radiologists still use this ancient format to transfer patients’ imaging files. A startup called PocketHealth has built an medical image exchange platform to digitize the process for every patient and healthcare provider, making it more intelligent and personalized, no CDs involved. PocketHealth isn’t the only company offering medical imaging sharing for patients in the MedTech space. Ambra Health, based in New York, offers solutions for medical image sharing, and EnvoyAI, based in Massachusetts, develops a medical imaging AI marketplace.

“Concerns Mount as Change Healthcare Outage Persists, Raising Potential for Patient Data Breach”

Unitedhealth Change Ransomware Cyberattack
If patient data has been stolen, the ramifications for the affected patients will likely be irreversible and life-lasting. Change Healthcare is one of the world’s largest facilitators of health and medical data and patient records, handling billions of healthcare transactions annually. The cybersecurity director expressed alarm at the prospect of the hackers potentially publishing the stolen sensitive patient data online. For those on the front-lines of healthcare cybersecurity, the worst-case scenario is that stolen patient records become public. Do you work at Change Healthcare, Optum or UnitedHealth and know more about the cyberattack?

MDaaS secures $3M investment for enhancing healthcare access and expanding network in Nigeria

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MDaaS Global, a Nigerian health tech company that operates a network of tech-enabled diagnostic centers across the country, has secured $3 million in pre-Series A funding. The seven-year-old health tech also plans to expand its healthcare network to cover all Nigerian states through a combination of company-owned and affiliate clinics. Improving access to diagnostics and preventive care, a domain where MDaaS has garnered recognition, is essential in tackling this healthcare challenge. On the other hand, MDaaS’ care network involves collaboration with over 1,300 referring clinicians across more than 1,000 organizations, including hospitals, pharmacies, health tech startups, corporate partners and 34 HMOs. Since its inception, MDaaS has provided care to over 275,000 patients, leveraging its integrated care network and BeaconOS capabilities.