Digital Health, IT, & Software

Gen Z Health Provider Caraway Acquires Digital Group Therapy Platform Sesh

New York-based Caraway announced that it has acquired Sesh, a digital group therapy platform, allowing the Gen Z women’s health-focused company to integrate group support and therapy into its offerings. The deal closed earlier this month and will provide another modality of mental health care to Caraway’s portfolio, Caraway CEO and co-founder Lori Evans Bernstein …

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Behavioral Health Funding Is a Bright Spot in a Gloomy Digital Health Investment Environment

The digital health investment environment is at a multiyear low. But the behavioral health industry represents a bright spot during a time when venture capital investment in digital health companies has hit near famine status. In the second quarter of 2023, total venture capital investments for digital health companies totaled $900 million across 73 deals. …

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Digital Health, Health IT Funding Slumped in Q2, but Some Bright Spots Remain, Pitchbook Finds

Digital health and health IT funding continued to decline in the second quarter of 2023, according to two new reports from Pitchbook. Venture capital deals in health IT dropped quarter over quarter but are beginning to recover from their low in 2022, per one of the reports. Digital health VC deal flow hit a new …

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Fulcrum IT Partners Acquires F3 Technology Partners; Boosting North American Healthcare and Financial Services Verticals

Fulcrum IT Partners (“Fulcrum”) announces the successful acquisition of F3 Technology Partners (“F3”), marking the company’s second U.S. acquisition and fourth global acquisition of 2023. The addition of F3 to the Fulcrum family expands the company’s reach within key industry verticals and strengthens its reputation as a trusted and specialized solution provider. A prominent player …

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Bain: 2023 Healthcare Provider IT Report: Doubling Down on Innovation

US healthcare providers continue to accelerate their spending on IT and software, as nearly 80% of healthcare executive respondents in Bain’s new survey increased spending materially over the past year, spurred by emerging technologies, labor shortages, and cost pressures. Revenue cycle management and clinical workflow optimization remain top areas of investment, while patient engagement has …

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