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A study commissioned by EY revealed that 71% of healthcare executives said hospital expenses have not decreased, although their systems have integrated digital health.
Lilli, a tech-enabled lifestyle monitoring company, and Essence, an app for companies aiming to improve the female experience in the workplace, also secured funding.
The California-based company will put the funds toward its workforce, growing its data and further investing in R&D initiatives and engineering capabilities.
This comes three months after getting regulatory approval from Singapore’s Health Sciences Authority for its latest digital twin solution.
Also, mental health platform Amaha, formerly InnerHour, has received $6 million in additional Series A funding for its expansion.
The company's diagnostics platform helps predict how patients will respond to immunotherapy.
The company will use the funds to expand its commercial efforts and seek additional clinical validation of its tech-enabled offering.
The company will use the funds to grow its autism therapy practice, continue AI and LLM research, and develop clinical algorithms.
The VC firm's business venture, HATCo, announced it signed a letter of intent to purchase the nonprofit healthcare system and shift its focus to value-based care.
Holly Maloney, managing director at General Catalyst, discusses where AI is making waves in healthcare and how digital health funding will progress in 2024.