MSK
The new tool will provide computer vision technology to help PTs gauge patient function.
The digital MSK company is looking to bundle the non-invasive, non-addictive pain reduction device alongside the rest of its employer-focused offerings.
The company currently manages one million lives, and plans to expand its footprint with the new funds.
DarioHealth buys into MSK with Upright Technologies acquisition and announces $70M private placement
The $31 million purchase will add new capabilities to DarioHealth's condition management and behavior change platform.
The digital MSK health company said that it tripled its customer base and quadrupled its revenue in 2020.
The combined entity now stands as the largest virtual physical therapy technology provider in terms of revenue and customer base, per Physitrack's CEO and cofounder.
Dr. Liz Kwo reviews the opportunity for digital health apps for musculoskeletal health conditions and looks at challenges facing their wider adoption among providers.
The study found that high-risk patients who used the telehealth consultation feature also had better outcomes than their peers who did not.
Alongside the purchase and service launch, the digital health company also shared news of a $57 million investment from Perceptive Advisors.
The round was led by Khosla Ventures with participation from Founders Fund, Green Innovations, Lachy Groom, Vesalius Biocapital and Faber Ventures.