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        Vida Health, a digital therapeutics company, has partnered with Hawaii-based Outrigger Resorts &amp; Hotels to provide personalized diabetes management solutions as part of Outrigger's employee benefits program.
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        The collaboration will incorporate Vida Health's virtual care services into Outrigger&rsquo;s health and wellness program. Vida Health's Chronic Pathway is designed to cater to the specific health needs and goals of those with diabetes. The program offers individualized dietary guidance, medication management, and continuous monitoring of health metrics. 
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    <a href="https://www.businesswire.com/news/home/20240514635042/en/">
      Press release
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Preventive Healthcare

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 <p>Vida Health, a digital therapeutics company, has teamed up with Hawaii's Outrigger Resorts &amp; Hotels to offer personalized diabetes management solutions as a part of Outrigger's employee benefits program.</p>
 <p>As part of the collaboration, Vida Health's virtual care services will be incorporated into Outrigger’s health and wellness program. These services include Vida Health's Chronic Pathway, a program specifically designed to address the health requirements and goals of individuals with diabetes. The program provides personalized dietary advice, medication management, and continuous health metric monitoring.</p>
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Vida Health partners with Outrigger Resorts & Hotels for employee diabetes management solutions

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 <p>Ciba Health, a chronic care management firm, has garnered USD 10 million in a Series A funding round. The funding was led by DigiTx Partners, with contributions from E12 Ventures, 3CC Capital, Plug and Play Ventures, and several individual investors.</p>
 <p>The fresh infusion of capital will be utilised for product development and enhancing scalability to cater to the rising market demand.</p>
 <p>The company specialises in personalised digital healthcare emphasising on treating the root causes of chronic diseases such as type 2 diabetes and digestive issues. Ciba Health's comprehensive approach comprises thorough lab testing, proficient care teams, and wearable devices for patients. It delivers healthcare solutions for individuals and corporates. Since its establishment, the platform has witnessed a 300% growth in its patient base and a 100% YoY increase in revenue.</p>
 
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Ciba Health raises USD 10 million in Series A funding for expansion

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 <p>HEALWELL AI, an AI-powered healthcare company based in Toronto, has unveiled a bought-deal private placement to raise around 16 million USD. This involves approximately 12 million units to be sold at 1.35 USD per share. The completion of this offering is anticipated by May 24, 2024, contingent on regulatory approvals.</p>
 <p>The firm has formed an agreement with both Clarus Securities and Eight Capital who will be representing a syndicate of underwriters. Each unit being sold is composed of a Class A subordinate voting share and half of one common share purchase warrant of the company.&nbsp;</p>
 <p>HEALWELL AI plans to use the net proceeds that arise from the offering to fund growth strategies, as well as for general corporate uses and working capital purposes.</p>
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HEALWELL AI raises USD 16 Million via bought-deal private placement

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 <p>Thyme Care, a chronic care-focused management company has established Enhanced Supportive Care services, an online palliative care program to support members and caregivers. Julia Frydman has been named the program's first medical director for palliative care.</p>
 <p>This innovative program aims to help eligible patients and their caregivers navigate the challenges of cancer, offering assistance with physical and psychological symptoms. It features detailed medical decision-making advice, alignment of patient goals and values with treatment plans, regular interaction with patient oncologists, and clinical oversight and mentoring for the care team. Thyme Care is also looking to increase its clinician workforce by hiring nurse practitioners by year-end.</p> 
 
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Thyme Care launches virtual palliative care program; appoints medical director

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 <p>Livara Health, previously known as SpineZone, is a virtual musculoskeletal (MSK) care management platform. It has successfully garnered USD 15 million in a Series B funding round. Key investors included A1 Health Ventures, Polaris Partners, and Providence Ventures, among others. The fresh influx of funds has increased the company's overall capital to USD 27 million.</p>
 
 <p>These Series B funds will predominantly be utilized to augment the technological and clinical capabilities of the company.</p>

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Livara Health raises USD 15 million in Series B funding to enhance platform capabilities

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 <p>Biotricity, a remote patient monitoring company, has collaborated with two notable neurology and sleep apnea diagnostic companies for enhanced cardiac diagnostics. This move enables the provision of advanced holistic screenings for sleep or neurological disorder patients, facilitating early detection and better disease management for improved quality of life.</p>
 
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Biotricity partners with two home-based diagnostic companies to extend solutions

ANALYST_QUICK_TAKE

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 <p>Midi Health, a women's midlife health care provider, has successfully raised USD 60 million in a Series B funding round. Emerson Collective led the initiative and was joined by participants like Google Ventures, Memorial Hermann, SemperVirens, Felicis, Icon Ventures, Black Angel Group, and Gingerbread Capital. With this recent round, the total funds amassed by Midi Health sum up to USD 100 million.</p>
 
 <p>The fresh capital will be used to widen insurance coverage and bring on board and train additional 150 clinicians by this year's end. Midi Health plans to diversify its service offerings, increase awareness on midlife women's healthcare, and expand its operations to provide care for more than 1 million women per year by 2029.&nbsp;</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The company is leading the way in delivering expert and insurance-friendly healthcare to women in perimenopause and menopause stages. Last <a href="https:<br>
//sp-edge.com/updates/23220"> October </a> , it announced that it would expand its virtual care clinic to employers in all 50 states beginning in January 2024. In <a href="https:<br>
//sp-edge.com/updates"> March 2024 </a> , the company partnered with Neurotrack to help women determine whether brain fog symptoms are indicative of menopause or signs of severe cognitive impairment such as early dementia.&nbsp;</p>

Midi Health raises USD 60 million in Series B funding to expand services and operations

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 <p>Biolinq, a developer of medical devices, has secured a funding of USD 58 million in a round led by Alpha Wave Ventures, with contributions from Niterra, Pegasus Tech Ventures, Taisho Pharmaceutical, and other investors. The company's total funding now amounts to USD 254.3 million.</p>
 <p>The newly raised finances will be utilized to fund a vital clinical trial in the US, aimed at evaluating Biolinq's exclusive intradermal glucose sensor. The trial is expected to wrap up within this year and will subsequently lead to an FDA submission.</p>
</div> <p><b>Analyst QuickTake:<br>
 </b> Biolinq is in the race to compete with Know Labs, which introduced non-invasive CGM technology to the market. In <a href="https:<br>
//sp-edge.com/updates/27010"> February 2024 </a> , Know Labs unveiled KnowU, a wearable non-invasive CGM, and is also advancing toward FDA clinical trials.</p>

Biolinq raises USD 58 million to advance wearable biosensors into clinical trials

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 <p>Remote monitoring firm, Movano Health, has generated USD 24 million in funding through a private placement of 45 million units. Participants in this round included a top-tier medical device firm, in addition to members of Movano's management team and board of directors. This puts the company's total funds to date at USD 59.7 million.</p>
 <p>These newly acquired funds are intended to offset operational expenditures and address other general business requirements. Taking into account the company's existing financial condition and proceeds from this round, Movano's existing operating plan is expected to be funded until 2025.</p>
 
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Movano Health raises USD 24 million via private placement for operational expenses

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 <p>Population health management platform provider, HealthArc, has successfully raised USD 5 million in a funding round. This investment was spearheaded by ScOp Venture Capital, with additional funding from entities like Original Capital, Dream Capital, Correlation Ventures, and a number of angel investors. With this latest funding round, the total capital raised by HealthArc now stands at USD 5.55 million.</p>
 <p>The new liquidity will be allocated to the growth and development of HealthArc's care management platform.</p>
 <p>HealthArc's offerings include a digital care management platform which features virtual programs. These encompass remote patient monitoring, chronic care management, and behavioral health integration. Remarkably, the platform is compatible with over 50 medical devices used to manage various chronic conditions. This allows for a unified data experience for both patients and healthcare providers.</p>
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All Updates

Vida Health partners with Outrigger Resorts & Hotels for employee diabetes management solutions

Ciba Health raises USD 10 million in Series A funding for expansion

HEALWELL AI raises USD 16 Million via bought-deal private placement

Thyme Care launches virtual palliative care program; appoints medical director

Livara Health raises USD 15 million in Series B funding to enhance platform capabilities

Biotricity partners with two home-based diagnostic companies to extend solutions

Midi Health raises USD 60 million in Series B funding to expand services and operations

Biolinq raises USD 58 million to advance wearable biosensors into clinical trials

Movano Health raises USD 24 million via private placement for operational expenses

HealthArc raises USD 5 million in growth funding to develop platform

Preventive Healthcare

Vida Health partners with Outrigger Resorts & Hotels for employee diabetes management solutions

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