Human resources company Questco is partnering with employee assistance program company Espyr to help small businesses retain employees and combat burnout.
Innovation
Artificial intelligence wound care company Spectral MD has been awarded $8.2 million in funding from the U.S. Biomedical Advanced Research and Development Authority.
Medical device company Iantrek has closed on $23 million of series B financing.
After leading a $6 million investment for CuriMeta, St. Louis-based BJC HealthCare is embarking on a collaboration with the analytics startup that aims to use deidentified patient data to cure illnesses like heart disease, cancer and neurodegenerative conditions.
Digital wearable therapeutics company Theranica has closed a $45 million series C funding round.
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Children's Hospital of Philadelphia and Penn Medicine have jointly launched a kidney innovation center aimed at advancing research for early detection, prevention and treatment of kidney disease.
York, Pa.-based WellSpan Health is collaborating with General Catalyst on digital health and innovation, the fourth such partnership for the venture capital firm that's rapidly expanding into healthcare.
Health technology company Capsa Healthcare has unveiled a new user interface for its Kirby Lester KL1Plus prescription-filling device.
Health systems across the U.S. are increasingly embracing venture capital as a way to test new technologies, a shift away from the traditional reliance on developing in-house intellectual property.
Philadelphia-based Penn Medicine's health-tech accelerator went from being an experiment that paired theories from startups with expertise from clinicians to getting health-tech startups awarded more than $50 million.