Finance
WellSky will add Healthify’s SDOH capabilities to its portfolio of healthcare technology tools for providers, payers, health systems and community organizations.
The company has created a portable ultrasound and corresponding workflow software.
The combined deal was worth $320 million in cash and stocks.
The acquisition is expected to help Komodo expand further into the life science space.
The companies will combine their complementary pathology tools to leverage services for tech-enabled diagnostics, drug discovery and patient care.
Wellness Network includes videos that touch on 24 therapeutic areas.
The Premier Partner Program is set to launch for benefits plans starting in January 2022.
The company plans to use the new funds for global expansion and product development.
The startup aims to be operating in more than seven countries by the end of 2021.
HIMSS21
Reenita Das, partner and SVP for healthcare and life sciences at Frost and Sullivan, said that femtech companies only accounted for 1.8% of total digital health investments in 2020.