Voya Financial buys Benefitfocus for $570M

Voya Financial buys Benefitfocus for $570M

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Financial Voyaan investment company, acquired a cloud-based benefits company, Focus on benefits for about $570 million. The all-cash deal valued the Benefitfocus at $10.50 per share. The deal is still subject to regulatory approval.

Exclusive: Children’s hospitals partner in digital health initiative

Health Valera, a mental health care provider serving very acute patients, announced the closing of a $44.5 million growth round led by healthcare-focused private equity fund, Heritage Group . Cigna Ventures and Horizon Healthcare also participated.

Hackensack Meridian Health partners with General Catalyst

Southern California Kidney Consultants and based in Denver Strive for health, a kidney care company, has partnered with a Medicare beneficiary care agreement in the area. The partnership includes 21 providers and will see the pair form a joint contracting entity with Medicare, Medicare Advantage and independent physician associations.

Investors See Opportunity in Startups Addressing Serious Mental Illnesses

Floreo, a behavioral health company developing virtual reality technology, announced a $10 million Series A funding round. The round was led by Tenfore Holdings with participation from the Felton Group, the Autism Impact Fund and the Disability Opportunity Fund.

More deals and funding rounds:

MD optionsa telehealth startup providing care for treatment-resistant depression, raised $2.35 million.

Wellin5a virtual consulting provider, closed a $2 million seed round.

MedCrypta cybersecurity solution for medical devices, raised $25 million in Series B funding.

OncoPrecisiona precision oncology platform, closed a $3.3 million funding round.

Little healtha home health testing company, secured $4.5 million in seed funding.

Exer Healthan MSK digital platform allowing remote patient monitoring, raised $6.5 million.

Carta Healtha clinical data and analytics platform, raised $20 million in Series B funding.

Neurotracka digital wellness platform focused on dementia and Alzheimer’s disease, raised $10 million.

Healtha direct primary care company, announced the acquisition of AeroDPC, a practice management and electronic medical records company.

Intus Carea developer of predictive analytics software aimed at improving geriatric care outcomes, closed $14 million in a Series A funding round.

Heliosa UK-based digital mental health therapy platform that connects patients with mental health professionals, closed a $16 million funding round.

If there’s a digital health funding or M&A deal we missed last week here, please email us.

The Digital Health Business & Technology data team contributed to this roundup.

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