Physician Engagement
According to a survey by the American Medical Association, 93% of physicians felt there was some advantage or a definite advantage to using digital health tools in 2022, compared with 85% in 2016.
Docquity will use its fresh funds to further expand into East Asia and the Middle East.
Also, Northwestern University spinout Sibel Health raises $33 million, and real-world evidence startup Atropos Health scoops up $14 million.
As part of the deal, Mercury will join WebMD Provider, the company’s business focused on consumer/physician engagement and clinical education.
The company plans to bring its technology to 10,000 more doctors in the country.
The program comes a week after the digital mental health company replaced its CEO.
Also: Pear Therapeutics reported $2.7 million in revenue for its first quarter compared with $1.3 million in Q4 2021.
Also: Impiricus raises a $3 million seed, and health tech VC Flare Capital Partners closes its $350 million third fund.
During a panel discussion at ViVE, panelists discuss the importance of set-up support and provider input when using technology for managing chronic conditions in the home.
The acquisition will cost $53.5 million in cash, plus an earnout consideration of up to $24 million and around $5 million in stock to employees joining Doximity.