Digital Health
Telehealth company Caregility, hybrid cancer care company Daymark Health and virtual care company AmplifyMD also garnered funding.
The company will use the funds to expand Dreem Health, scale nationwide and advance its FDA-cleared sleep apnea technology.
The Series D funding brings the company’s total raise to $275 million and its valuation to more than $1 billion.
The company anticipates doubling its revenue this year reaching $1 billion in sales.
The integrated platform will combine patient engagement, care access, provider data management, price transparency and payment tools.
At Healthcare 2023, panelists highlighted how new primary care and patient communication models are enabling patients to stay more connected to the healthcare system.
The company stated Capital Rx will still operate as its pharmacy benefits manager brand under Judi Health.
The funds will be used to expand its customer base and invest in AI innovation.
At Healthcare 2030 in Washington, D.C., panelists highlighted debated challenges around interoperability, FHIR adoption and the need for industry-wide standards.
At an event in Washington, D.C., on Monday, DiMe released a thesis with what it says are four impact areas that are vital to pursue in digital medicine in the next five years.