Aditi Pai

Boca Raton, Florida-based Modernizing Medicine has raised $38 million in equity, security and options, according to an SEC filing.

Google subsidiary Alphabet, has hired Dr.

Venice, California-based Headspace has raised $34 million for a meditation app that aims to help users with stress, focus, and anxiety, according to an SEC filing.

By 2018, 8 percent of health systems' acquisition volume will be made up of digital health startups, up from 1 percent in 2014, according to a report from Accenture, which made projections based on an analysis of 1,500 healthcare provider acquisitions between 2006 and 2015.

New York City-based SkyMD, which has developed a telemedicine service for providers to use with their patients, raised $800,000 from angel investors including Blue Apron founder Matt Salzberg and Livestar founder Fritz Lanman.

San Francisco-based Omada Health has raised $48 million in a round led by Norwest Venture Partners with participation from existing investors US Venture Partners, Rock Health, and Andreessen Horowitz as well as new investors GE Ventures and dRx Capital.

Mountain View-based iHealth Lab, subsidiary of China’s Andon Health, has unveiled a new connected scale, called iHealth Core: Wireless Body Composition Scale (HS6), as well as an upgraded version of the companion app, iHealth MyVitals.

Philips diabetes self-care app with integrated virtual community Philips has unveiled a mobile diabetes monitoring system, developed in partnership with Netherlands-based Radboud University Medical Center and Salesforce, for people with type 1 diabetes.

Japan-based Moff has raised $1.

Two important, but unrelated, international digital health transactions made headlines in the past week: China-based Quyi, which develops medical apps, raised $40 million, and India-based Practo, which offers a practice management tool and a doctor search engine, has acquired hospital data management offering Insta Health.