Amwell has filed to go public under the New York Stock Exchange symbol AMWL. Google Cloud's $100 million investment will be a concurrent private placement at the IPO price. The company didn't indicate a proposed size for the offering, nor did it give an anticipated price range, but it provided a placeholder amount of $100 million to calculate its registration fee. Morgan Stanley, Goldman Sachs & Co., LLC, Piper Sandler, UBS Investment Bank, Credit Suisse and Cowen Berenberg are listed as underwriters for the IPO.
Adventist Health, a nonprofit integrated multi-state health system servicing over 10 million people in more than 80 communities on the West Coast and Hawaii, has announced a strategic partnership with Synchronous Health to co-develop behavioral health and well-being solutions to address the biggest drivers of health costs and community needs. The partnership includes an investment, Adventist Health said in a news release. Further financial terms were not immediately available.
HouseWorks, one of the nation’s largest independent private home healthcare companies, and Capsule, the largest full-service independent digital pharmacy in the nation, recently announced a partnership that will bring Capsule’s effortless, free same-day delivery pharmacy benefits to HouseWorks’ clients as HouseWorks builds a medication management program to improve the overall health and safety of its clients. This comprehensive approach is all part of HouseWorks’ BetterCare at HomeTM mission and desire to wrap their clients and families in a safety net of support to enable them to stay safe, comfortable and engaged in their lives.
Digital behavioral health leader Talkspace has announced the launch a new campaign, in partnership with Michael Phelps, to highlight coverage for over 40 million Americans. The goal of this partnership campaign is to promote access to affordable mental health services on a HIPAA-compliant web and mobile platform. Currently, Talkspace is covered by the nation's largest health insurers, including Cigna, Optum, Premera Blue Cross Blue Shield, and Humana. Talkspace also offers coverage plans directly through employers, educational institutions and other large member organizations. - Digital Health Times
eSight has revealed its fourth-generation (eSight 4) wearable assistive device for enhancing vision in those with eye disease and disorders. New features of the wireless, hands-free device include improved auto-focus, advanced controls such as zoom, focus, and contrast, and two high-resolution screens for a full binocular vision that integrates with the user’s prescription lenses. The eSight 4 is available through a growing number of Optometrists, Ophthalmologists, distributors specializing in low vision assistive technology, and at http://www.eSightEyewear.com.
Caption Health, a leading medical artificial intelligence (AI) company, concluded its Series B funding round with $53 million to expand and commercialize its FDA-cleared, AI-guided ultrasound technology that improves patient access to high-quality and essential care. The strategy is to use this investment to scale commercial operations, continue to develop its AI technology platform, and form new partnerships. New clinical capabilities are planned with increased clinical adoption of the Caption AI platform.
Old-school is uncool. Net Health's new digital strategy to managing patient caseload allows rehab therapists to leave old-school methods behind. Net Health, a leading provider of EHR software for specialized care settings, has announced that it has launched a new fully integrated digital solution for rehab therapists in acute care settings. Net Health Therapy for Acute Care enables physical and occupational therapists and speech language pathologists in acute care settings to better clinical and business outcomes by increasing efficiency and standardizing patient care.