Digital health funding and deals roundup: Prescryptive Health, Eli ...

Digital health funding and deals roundup: Prescryptive Health, Eli ... unknown

BehaVR and OxfordVR, two virtual reality healthcare companies, agreed to merge. The move was supported by a $13 million Series B funding round led by Optum Ventures and Oxford Science Enterprises. The companies will operate under the BehaVR brand.

Thanks to layoffs, digital health’s talent market has shifted

Prescryptive Health, a digital health company that acts as pharmacy benefit manager, is partnering with Eli Lilly, the Indianapolis-based pharmaceutical giant, on a subscription program for people who purchase insulin through employer-sponsored health plans. Employers can offer employees a flat, per-member, per-month subscription fee for insulin. Lily said it will receive a portion of the subscription fee if an employer’s total medical spend increases over time.

Thanks to layoffs, digital health’s talent market has shifted

Superior HealthPlan, an Austin, Texas-based managed care company, is entering into a partnership with MedArrive, a mobile care company, on a new home health program. The companies will connect Superior’s pre-identified managed care patients to MedArrive’s provider network. In addition to providing telemedicine services and transportation, the companies will offer mental health services through Brave Health, a virtual-first behavioral health startup.

Three more digital health companies undergo layoffs

IncludeHealth, a digital musculoskeletal health company, will collaborate with Yale New Haven Health System on a program to deliver virtual physical therapy in Yale New Haven patients’ homes. The program will include both virtual and in-person components.  IncludeHealth also raised $10.7 million in new funding.

NYC digital health firms weigh whether renting space is worth it

More deals and funding rounds:

Med Prognostics, an AI clinical decision support software company, raised $2.13 million in a funding round.

Kiyatec, a precision oncology company, closed $18 million in a Series C funding round.

KeyOps, a physician engagement platform, raised around $3 million in seed funding.

Capitol, an AI-powered analytics and decision support platform, closed a $10 million seed round.

RETINA-AI Health, a developer of diabetic retinopathy detection software, closed $2.6 million bridge financing round.

Altris AI, an eye pathology detection company, raised $1 million in a funding round.

MyHealth Africa, a digital platform that connects patients with local and international providers, raised $1 million in a seed round.

Syneos Health, a biopharmaceutical solutions company, partnered with Medable, a clinical trial platform, to improve enrollment in decentralized clinical trials, while increasing access and reducing burdens.

Advanced Health Intelligence, a healthcare software and data company, completed its acquisition of welteq Digital Health, a Canada-based health technology company.

Override, a virtual chronic pain treatment start-up, raised $3.5 million in seed funding.

Fountain Life, an AI-powered precision diagnostics platform that detects cancer, heart disease, and dementia in their earliest stages, secured $15 million in a funding round.

If there is a digital health funding or M&A deal that we missed from this past week here, please email us.

Digital Health Business & Technology’s data team contributed to this roundup.