Care
Under the multiyear strategic partnership Anumana will conduct a clinical-validation trial and seek FDA De Novo classification for the algorithm.
The partnership allows for continued care from labor and delivery to postpartum.
The deal is expected to close in January 2023.
The companies also raised $13 million in funding to support the merger.
The health system will evaluate the "functionality and wearability" of Movano's smart rings with 30 Novant employees.
The company said it plans to launch the latest model of its CGM in early 2023.
The funds will be used to add additional brick-and-mortar locations, recruit new healthcare providers and expand its technology platform.
The company will use the investment to scale its platform and expand its proprietary database.
The tool embeds in the EHR and allows providers to write care workflows that deliver best practices and next steps.
The company will use the investment to expand its technology's current abilities, add capabilities to detect additional health conditions and drive global growth.