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MedCity News
Grand Rounds strikes merger with Doctor on Demand
In another big tie-up between a telehealth and digital health company, Grand Rounds and Doctor on Demand reached a merger agreement. Grand Rounds CEO Owen Tripp will serve as CEO of the combined business.
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When Teladoc closed its $18.5B acquisition of Livongo, it set the stage for more mergers to come. Now, two more established digital health companies are pairing up.
On Tuesday, Grand Rounds announced plans to merge with Doctor on Demand, creating a company that would build on Grand Rounds’ care navigation services with the latter’s telehealth platform.
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MedCity News
Digital therapeutics platform Happify Health raises $73M
Happify Health, a startup building digital health tools, raised $73 million in funding. The company plans to use the funds to build out more specialized solutions for health plans and pharma companies.
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Happify, a startup building a self-care platform, raised $73 million in funding. Photo credit: Happify Health
Digital therapeutics startup Happify Health raised $73 million in funding. The New York-based company builds app-based tools based on cognitive behavioral therapy and mindfulness.
Deerfield Management Company led the series D round, with participation from Omega Capital Partners, ION Crossover Partners and existing investors. Happify plans to use the funds to build out more specialized solutions for health plan and pharmaceutical companies.