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Virtual Clinic Pelago Is Reimagining Rehab With $58 Million In New Funding

The Under 30-founded startup has raised a total of $151 million to treat substance misuse through its virtual clinic, taking on the generations-old rehab centers.

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What Will Digital Health Investment Look Like in 2024?

Healthcare's share of the global PE and VC deal count will likely continue decreasing in 2024, according to a new Pitchbook report. The report also predicted that generative AI and surgical robotics will continue to be hot areas of interest for investors, and that there will be at least three digital health IPOs next year.

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Digital Medicines Sector Draws Lessons From Pear Therapeutics' Demise

Digital therapeutics have shown how therapy can be delivered effectively through a digital interface, but the bankruptcy of Pear Therapeutics raised questions about whether these technologies can be commercially successful. A panel at the MedCity News INVEST Digital Health conference discussed the promise and pitfalls of these emerging technologies.

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Digital Therapeutics: A Panacea for Care or Overvalued Health Tech?

Digital therapeutics will be one of the topics discussed at INVEST Digital Health scheduled for October 26 at Health Wildcatters headquarters in Pegasus Park in Dallas. Register today!

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InnovationRx: A New Low For Digital Health Deals

InnovationRx is your weekly digest of healthcare news. Sign up!

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Abbott-Bigfoot Deal Proves That Diabetes Is a Hot Area for Digital Health Investment

This week, Abbott announced its plans to acquire Bigfoot Biomedical — a startup selling a “smart” insulin pen cap, which collects data from a user’s CGM to help them calculate the right dose. Most analysts were unsurprised to hear of the acquisition given that the two companies have been collaborating for more than six years, but they said the deal reinforces the steady pace of digital innovation in the diabetes care space.

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City of Seattle partners with local teletherapy startup to tackle youth mental health crisis

City of Seattle partners with local teletherapy startup to tackle youth mental health crisis
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Telehealth startups are pivoting to hybrid to address youth mental health crisis

Plus:Nearly 69% of second Medicaid redetermination cohort has renewed coverage Northwell Health opens first physician practice in New JerseyKips Bay Endoscopy Center adds artificial intelligence for colonoscopies

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This Startup Raised $60 Million To Help Cancer Patients Navigate Care

Thyme Care is helping around 3,000 patients and plans to use the funds to scale its value-based care model.

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20 Big IPOs to Watch

Stripe, Databricks, and Instacart are among the firms expected to revive the lackluster IPO market.

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