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The Israeli startup raised the first $50 million in April 2020 in a round led by Insight Partners, which led this extension as well.
Hillrom says that lower-than-expected reimbursement rates proposed in late January void the deal. But the cardiac-monitoring device maker asserts they were accounted for during negotiations.
This brings the company's total valuation to $1.7 billion.
The company is initially targeting the large employer market with its app-connected biometric monitoring tools.
The company currently manages one million lives, and plans to expand its footprint with the new funds.
The Rock Health consumer adoption report reveals an uptick in in telehealth and wearables usage.
The investment from "a leading national Integrated Delivery Network" brings the Series D's total to $100 million.
Outside of the claims, One Medical’s financial results for both the fourth quarter and full year of 2020 improved year-over-year.
Set to close in Q2, the deal will provide the payer's healthcare services subsidiary with an integrated virtual care offering.