Page 202 - Mployee Wellness Programs News Today

The funding round was led by Mercato Partners Traverse Fund and included participation from Bertelsmann Investments. In total, the company has raised $63 million. Paytient created Health Payment Accounts, which help patients pay for out-of-pocket medical expenses.

CVS Health invested $25 million in Array Behavioral Care, a provider of virtual mental health care. Last year, Array’s clinicians had more than 400,000 encounters with patients.

There are several trends to watch out for in the substance use disorder space in 2023, according to CHESS Health's CEO Hans Morefield. These trends include rising addiction rates and increased comfort in virtual health.

In an interview with MedCity News after his presentation at the J.P. Morgan Healthcare Conference, Wright Lassiter III said while some providers will be considered commodities, his vision for CommonSpirit Health is not to be "at the bottom of the totem pole."

NourishedRx is a food-as-medicine company that offers dietary assistance for health plans’ members through methods like medically-tailored meals, grocery support and diet education. Through the new platform, NourishedRx is able to communicate with its food partners, health plan customers and members.

Neurocrine Biosciences is paying $175 million up front for rights to a preclinical Voyager Therapeutics gene therapy that could put the biotech in competition with Eli Lilly among other companies. Voyager could earn up to $1.5 billion in milestone payments.

Maina Bhaman, a board member of CinCor Pharma reflects on the news from Monday that AstraZeneca is acquiring the Massachusetts startup to bring another option for patients with resistant hypertension.

BioNTech says its InstaDeep acquisition will help it expand its use of artificial intelligence in drug discovery and development. The startup specializes in a type of machine learning called reinforcement learning.

Nest Genomics just closed a $8.5 million seed financing round. The company provides the software infrastructure needed for health systems, clinics, drugmakers and payers to launch and scale genomic programs. It also provides tools for patients to easily access their genetic information.

Healthcare startup Novellia's platform seeks to digitally bring in all chapters of a patient's health journey to allow clinicians and researchers to finally see the full story.