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        Remote patient monitoring platform provider Verustat has acquired fellow remote patient monitoring and chronic care management provider One Healthcare Solution for an undisclosed sum. The acquisition will help Verustat increase its coverage of services and diversify its revenue streams. Additionally, the integration of One Healthcare Solution will allow clinicians to create automated and customized care plans for patients diagnosed with chronic conditions.&nbsp;
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        One Healthcare Solution is a Texas-based digital healthcare startup that offers remote patient monitoring and chronic care management software targeting healthcare providers. The company&rsquo;s solutions are available via an Electronic Health Records (EHR) integration. In addition, it provides services such as annual wellness visits, a patient portal, and clinician tools and enables connectivity between smart medical devices and its platform.&nbsp;&nbsp;&nbsp;
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      <p>
        Verustat is a Tennessee-based remote patient monitoring startup that allows healthcare providers to track patient vitals and improve health outcomes by integrating readings from several smart monitoring devices. The company&rsquo;s services&nbsp; can be accessed both via an online portal and mobile app. The company also provides related services such as care coordination for health systems, accountable care organizations, and independent physicians. 
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  <p>
    <a href="https://www.businesswire.com/news/home/20220721005307/en/Verustat-Acquires-One-Healthcare-SolutionTM">
      BusinessWire
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  <p>
    <a href="https://www.finsmes.com/2022/07/verustat-acquires-one-healthcare-solution.html">
      FinSMEs
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Age Tech

Verustat acquires One Healthcare Solution for undisclosed sum

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 <p>Kepler Vision Technologies, an AI medical software firm, has secured EUR 1.5 million (USD 1.6 million) in a venture funding round guided by Dutch investor ROM InWest. The total funds accumulated by the company now amount to EUR 5.4 million (USD 5.8 million).</p>
 <p>The recent funding will expedite the production of the company’s offering, Kepler Night Nurse, as well as support its expansion into new markets such as the US, the UK, and beyond.</p>
 <p>Kepler Vision Technologies has deployed the Kepler Night Nurse in eight European nations as of April 2024.</p>

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Kepler Vision Technologies raises EUR 1.5 million in venture funding

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 <p>UK-based digital platform service provider for senior care homes, Log my Care, has acquired GBP 3 million (USD 3.8 million) in funding from Mercia Ventures, totalling the company's raised funds to GBP 7.2 million (USD 9.1 million).</p>
 <p>The funds will be utilized to consolidate the company's standing in the learning disability sector and expand its home care market.</p>
 <p>The company's platform, Log my Care, assists caregivers in managing administrative tasks related to care at home and in facilities. The "Carer App" on the platform allows caregivers to log activities, medications and incidents, set reminders, and add media to patient records. The "Care Office" dashboard is equipped with care plans, risk assessments, and trend analysis tools. The company suggests that its platform can save caregivers one hour per day in record-keeping tasks and, as of April 2024, it has been employed by over 1,300 caregivers looking after 20,000 patients.</p>
 
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Log my Care raises GBP 3 million in funding

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PROMINENT_CATEGORY

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 <p>Amazon Pharmacy has extended its same-day prescription service to New York and Los Angeles. This will allow patients in these states to get their medications for conditions like flu, high blood pressure, and diabetes within an hour of their request.</p>
 <p>The company attributes its ability to offer this quick service to its establishment of small facilities housing thousands of medications near major cities. These facilities also have GenAI and machine-learning processes to validate prescriptions, thus reducing errors and speeding up the process.</p>
 <p>Before this expansion, Amazon already offered same-day delivery in various cities like Austin, Indianapolis, Miami, Phoenix, and Seattle. It even provides delivery within an hour via drone in College Station, Texas. The company plans to expand the scope of this service by the end of the year.</p>
 
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Amazon Pharmacy expands same-day prescription delivery service

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 <p>Midi Health, a women's health clinic, is partnering with cognitive assessment company Neurotrack to investigate the correlation between brain fog symptoms and menopause or early signs of dementia in women. Through this collaboration, patients at Midi Health will have access to Neurotrack's three-minute cognitive assessment, called the Symbol Match test. This test can be taken online using any device and can be prescribed by Midi Health's clinicians. The purpose of the test is to distinguish whether a patient's brain fog is related to menopause or indicative of a more severe cognitive impairment, such as Alzheimer's. Following the test, depending on the results, patients can either be referred to other services for cognitive conditions or administered treatment for brain fog that could involve diet adjustments, lifestyle modifications, or medication.</p>
 
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Midi Health partners with Neurotrack to screen for cognitive conditions in menopausal women

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 <p>Kismet, a caregiver matchmaking platform provider, has secured USD 8.2 million in seed funding in a round led by Prosus Ventures and Airtree Ventures. This takes the firm's total raise to USD 10.8 million.</p>
 <p>Increased speed of global health engagement, team expansion, and broader global reach are the areas Kismet plans to channel the newly raised funds towards.</p>
 <p>Kismet was established in 2023 in Australia and offers a digital tool to help families swiftly identify verified caregivers for elderly and children part of the National Disability Insurance Scheme (NDIS), disabled care, and self-managed care. Additionally, its platform also enables users to locate specialist caregivers namely occupational therapists, speech therapists, exercise physiologists, and physiotherapists, and has a portal for accommodation listing and search.</p>
 
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Kismet raises USD 8.2 million in seed funding

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 <p>Bone Health Technologies, a company providing devices for improving senior bone health, has successfully raised USD 5 million in venture funding. The round was led by Esplanade Ventures and included other venture capital firms, increasing the total funds raised to date to USD 11.2 million.</p>
 <p>The received funds will aid the final stages of development for the company's product, Osteoboost. It is expected to be launched in 2024.</p>
 
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Bone Health Technologies raises USD 5 million in venture funding

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 <p>Carewell, a caregiving resource platform, has raised USD 24.7 million in a Series B funding round, led by MBF Healthcare principals and backed by existing investors including Sageview Capital and Headline.</p>
 <p>The company also appointed key recruits from Chewy.com, with Mike Pacifico as CFO, Jason Klinghoffer as CMO, Sam Rassner as CTO, and Kelli Durkin as vice president of customer service.&nbsp;</p>
 <p>The funding will be used to enhance its ecommerce technology, improve customer service, and expand its product offerings to drive growth.</p>
 
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Carewell raises USD 24.7 million in Series B funding for expansion; appoints new executive team

ANALYST_QUICK_TAKE

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 <p>The AI-powered platform, Care.ai, is partnering with the hybrid care provider Virtua Health to integrate its virtual care platform into Virtua's offerings. This technology relies on sensor-based monitoring to provide real-time insights into patient behavior, enhancing both clinical insight and operational efficiency.</p>
 <p>Initially, the platform will be rolled out at Virtua's Hospital in New Jersey. The long-term plan is to implement the platform at all of Virtua’s four other hospitals, two satellite emergency departments, 41 ambulatory surgery centers, and over 350 other locations. This partnership aims to improve patient safety, boost efficiency, and enhance the overall healthcare experience through the combination of high-tech solutions and human-focused care.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This partnership will help to increase Care.ai’s geographical reach further, in line with the goals the company set for itself in its last fundraising round in November 2022. In October 2023,&nbsp; the company partnered with Samsung to integrate its Smart Care Facility Platform into Samsung medical devices for monitoring devices and virtual consultations.</p>

Care.ai partners with Virtua Health to deploy AI-powered virtual care offerings

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 <p>UK-based lifestyle monitoring organization, Lilli, has secured GBP 8.2 million (USD 10.4 million) in a Series A funding round led by West Hill Capital, bringing its total funding to GBP 12.7 million (USD 16.0 million).</p>
 <p>The investment will be used for the company’s growth strategies and mission, and to enhance its AI capabilities.&nbsp;</p>
 <p>Lilli's technology offers non-intrusive remote monitoring, helping vulnerable people like senior citizens live independently. It uses sensors and machine learning to understand daily life patterns and detect behavior changes, alerting if the person monitored may be at risk. The technology also provides personalized reports and insights to care practitioners, friends, and family, assisting in better care management and preventing hospital admissions.</p>
 
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Lilli raises GBP 8.2 million in Series A funding

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 <p>Myosotis, a caregiver and family communication platform provider, has gained EUR 8 million in a Series A funding round led by TVM Capital Life Science. This pushes the firm's total funding to EUR 12.5 million. Myosotis plans to use the new capital to expand in the DACH region and the UK, increase its marketing capacity, improve service quality, and launch new modules.</p>
 <p>The company, through its app "myo," facilitates communication among seniors, caregivers, and family members. The app allows sharing of photos, videos, and messages, and supports administrative tasks management and key external services.&nbsp;</p>
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All Updates