Morning Headlines 8/7/20

Blackstone to buy Ancestry for $4.7bn

Blackstone will acquire a 75% stake in Ancestry for $4.7 billion, giving the private equity firm access to the company’s DNA information on 18 million people.

On-demand mental health service provider Ginger raises $50 million

Virtual therapy and psychiatry startup Ginger raises $50 million, which it will use to further market its services to public and private payers.

Cerner and Xealth Collaboration Helps Patients be More Active Participants in Health Care, Well-being

Cerner and VC firm LRVHealth invest $6 million in Xealth, a Providence Health & Services spin-off that has developed software to help providers find and prescribe digital health apps and programs.

VA pushes on with troubled health data transformation

Politico reports that the VA will re-commence its EHR overhaul with a rollout at an unnamed facility in October.

Infermedica raises $10.25M in Series A funding

AI-powered diagnostics startup Infermedica raises $10.25 million in a Series A funding round led by EBRD and Heal Capital.