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Carta Healthcare Rakes in $20M with Hopes of Selling its Tech to More Hospitals

Carta Healthcare recently closed a $20 million Series B financing round. , The company is a San Francisco-based provider of clinical data solutions, and its mission is to reduce the amount of time clinicians spend on mundane administrative tasks. Carta's technology is currently used at 245 hospitals across 18 health systems — the company will use its new funds to scale its customer base.
United States Carta Atlas Matt Hollingsworth Cu Healthcare Innovation Fund Commonspirit Health Maverick Ventures Investment Fund

Bain Capital-Backed Emalex Bio Lands $250M for Pivotal Test of Tourette Drug

Emalex Biosciences will use the cash from its Series D financing to conduct a Phase 3 clinical trial for ecopipam, an experimental treatment for Tourette syndrome. Though there drugs are already available for Tourette, Emalex’s drug addresses a different central nervous system target that the biotech believes could offer an edge.
United States Emalex Bioscience Bain Capital Life Sciences American Academy Of Neurology Fidelity Management Research Company Psyadon Pharmaceuticals

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Why Digital Health Funding Fell 36% in Q3

During Q3, digital health's funding fell 36% quarter-over-quarter and 72% from its all-time high during last year’s Q2. The primary driver of this reduction is macro market trends, experts said, though digital health companies need to tie their services more directly to value to get funding in the future.
Michael Yang Marissa Moore Sunny Kumar Weight Loss Medical Devices Healthcare Innovation

Gynecological Health Startup Eyes US Launch with $11.5M in Series A Funding

With the money, Daye is looking to reach more people with its products and services, whether that’s in the U.S., U.K. or Europe, Milanova said. The company will also expand research in gynecological health, focusing on conditions like endometriosis, PCOS and menopause. 
Martin Varsavsky Valentina Milanova Ryan Collins Procter Gamble Allara Health London Based Daye

Patient Files Class-action Suit Against Advocate Aurora Health Following Data Breach

A patient affected by a data breach at Advocate Aurora Health has sued the healthcare system in a class-action lawsuit, claiming his private information was shared with Facebook in a breach that could have affected three million patients. The patient is alleging that the patient portal he used to communicate with his doctors at Advocate Aurora and to schedule appointments used a pixelated code that also enabled logging in via Facebook and then shared data with Facebook. “Whenever a patient us...
United States North Carolina Alistair Stewart Wakemed Health Aurora Health Human Service

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