Twine Health entangles itself with more investors, stringing them along to get $1.5 million in new capital. We don't have enough health coaching vendors so that is what Twine's business is.
EverlyWell gets a lasting commitment of $5 million in fresh financing for its business of providing at-home lab test kits, which lead to "beautifully redesigned results". Not my words, the company's, who writes these things anyway, the figurative one million monkeys banging away on a keyboard.
There aren't enough patient engagement companies, so Catalia Health is starting another one with the help of $2.5 million in new investment. It features an AI robot that will tailor individual conversations with patients. I am sure the 80 year olds who represent a lot of spending will go for that.
In a masterpiece of hype, UK-based Babylon announces that it has raised $60 million to develop the world's best artificial intelligence platform for health care. You have to read this press release.
The Healthy Skeptic is a website about the health care system, and is written by Kevin Roche, who has many years of experience working in the health industry. Mr. Roche is available to assist health care companies through consulting arrangements through Roche Consulting, LLC and may be reached at khroche@healthy-skeptic.com.