Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

Elation Health Acquires Lightning MD to Build Primary Care All-in-One Solution

What You Should Know:– Primary care EHR Elation Health acquires cloud-based medical billing and payer connectivity provider Lightning MD, a platform that was created by nurses. Financial details of the acquisition were not disclosed.The acquisition is part of Elation Health’s bid to be a one-stop shop for all primary care — something that co-founder and CEO Kyna Fong, Ph.D., has been driving despite all the odds.As part of the acquisition, Elation will continue to support practices integrated with over 20 practice management and billing solutions connected via the Elation application programming interface (API).Lightning MDFounded in 2017 by registered nurses Kelly Schoenfeld and…

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Automated Mass Spec Technique to Detect Antidepressants

Automated Mass Spec Technique to Detect Antidepressants

Scientists at Brown University have designed an automated liquid chromatography tandem mass spectrometry (LC-MS/MS) system that allows clinicians to rapidly and easily process patient samples to determine levels of antidepressant drugs in the body. Getting the correct dose of antidepressant drugs into the bloodstream is important to ensure efficacy and avoid side-effects. However, current assays to measure the levels of such drugs in the blood are cumbersome, require large blood samples, and involve multiple time-consuming steps, limiting their use by clinicians. This new system requires very small sample volumes, and employs a robot liquid handling system that is commonly found […]…

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Medication risk analysis company MDI Health raises $20M

Medication risk analysis company MDI Health raises $20M

Healthcare analytics company MDI Health scored $20 million in Series A funding, bringing the company’s total funding to $26 million.Intel Capital led the round, with participation from Maverick Ventures Israel, alongside existing investors Fresh.Fund, Arc Impact, Hanaco Ventures, Jumpspeed Ventures, former Optum senior vice president Richard Montwill, Welltech Ventures and Basad Ventures.
Yoni Greifman, Intel Capital’s investment director, will join MDI’s board of directors.
WHAT IT DOES
Israel-based MDI offers an AI-enabled tool that provides medication risk analysis based on a patient’s medical records with the aim of preventing adverse drug reactions.
The funds will help the company scale its U.S. and Israeli research and…

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Primary care tech company Elation Health acquires billing platform Lightning MD

Primary care tech company Elation Health acquires billing platform Lightning MD

Elation Health, which offers tools for telehealth, patient engagement and an EHR geared toward primary care providers, announced on Thursday that it had acquired billing and practice-management company Lightning MD.Elation said it would combine the billing and revenue cycle software with its tools to offer an all-in-one product in beta starting this summer. Practices who use other management and billing software through Elation’s API will still have that option. 
Founded in 2017, Lightning MD partnered to integrate with Elation’s services last year. 
“Healthcare technology is rapidly evolving, particularly in the primary care sector where we have the greatest opportunity to improve patient outcomes and…

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TBD Health Raises $4.4M Seed Round to Expand its Hybrid Sexual Healthcare Offerings Nationally

TBD Health Raises $4.4M Seed Round to Expand its Hybrid Sexual Healthcare Offerings Nationally

As Reproductive Rights are Defunded and Debated Nationally, TBD Health Aims to Democratize Access to Inclusive Sexual Care
TBD Health, a sexual healthcare provider revolutionizing the medical landscape through unparalleled digital and in-person clinical care, today announced a $4.4 million seed round led by Tusk Venture Partners, with participation from Springdale Ventures, Human Ventures, Expansion VC, Starbloom Capital, Hyphen Capital, and The Community Fund along with several strategic angels. With this new financing, TBD Health is expanding to all 50 states, democratizing access to its sexual healthcare offerings, consisting of at-home STD testing and emergency contraception available via telehealth or in-person in its Las…

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Blood Biotech Grifols Cuts Deep in the U.S. to Find €400M in Savings

Blood Biotech Grifols Cuts Deep in the U.S. to Find €400M in Savings

Grifols, a company that turns blood plasma into therapies for immunological disorders and other conditions, is laying off about 2,000 U.S. workers as part of a corporate restructuring projected to yield up to €400 million in annual cost savings, the biotech announced Wednesday.
The layoffs represent about 8% of the Barcelona-based company’s global workforce, but they will happen mainly in its U.S. plasma operations. That’s notable because as a company that relies on plasma, the U.S. is vital to its business. The starting point for Grifols’s therapies is blood plasma. Key to its drug-making process is fractionation, in which the protein components…

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