Welltok, developer of the CaféWell Health Optimization Platform™, officially closed its most recent funding round of $37 million. Two new investors join the round, Hearst Health Ventures, a unit of Hearst Corporation focused on investments in health IT and technology-enabled healthcare services, and Catholic Health Initiatives (CHI), one of the nation’s largest health systems. This brings Welltok’s completed funding in 2014 to $59 million.
Hearst and CHI join the Series D round led by
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Senior Care Platform Independa Enters Into Consumer Market
According to the National Alliance for Caregiving, there are 65 million caregivers in the US -- and 51% of their care recipients are aged 75+. To open up communication possibilities for cargivers, senior care platform provider Independa has announced its entrance into the consumer market by making its Independa TV available to anyone who is struggling to provide remote care for their aging loved one. This powerful and simple TV-based solution enhances the lives and independence of
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Honeywell HomMed Changes Corporate Name
Honeywell HomMed – a provider of health management technologies and remote patient monitoring solutions has announced that it is changing its corporate name to Honeywell Life Care Solutions. The corporate name change reflects company's broader healthcare commitment and its focus in driving the innovations needed to shape the future of health management through digital health technology solutions.
"The new name – Honeywell Life Care Solutions – allows us to emphasize our wide-ranging business
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Rock Health: Digital Health Funding Tops $4.1B in 2014
Digital health funding surpassed $4.1B in 2014 according to the recent Digital Health Funding: Year in Review 2014 Report by Rock Health.
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2014 Report, an in-depth analysis report of all digital health funding in 2014. The report found digital health funding in 2014 surpassed $4.1B, nearly the total of all three prior years combined, and
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Infographic: 2014 Periodic Table of Digital Health Investments
2014 was an all-time record for digital health investments, with over $4B pouring into the health IT/digital health space, according to Rock Health. The San Francisco based full service seed fund for digital health startups recorded over ~120% growth YoY for total dollars invested, with an absolute growth of over $2.2B. The CAGR over the past four years is 44%. More than 287 companies have been funded this year—107 more than last year, representing 58% YoY growth.
Periodic Table of Digital
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3 Trends Reshaping the Healthcare Cloud in 2015
96 percent of healthcare organizations are using or considering using the cloud, according to the Dell Global Technology Adoption Index. In fact, healthcare organizations that are already using the healthcare cloud 2015 has reduced their IT costs by an average of 20 percent annually. So what's in store for the healthcare cloud in 2015?
We sat down with Stephen Piazza, Chief Technology Officer at Invidasys to learn more about how the cloud is reshaping healthcare IT in 2015.
Q.
What
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How Epic Competes Against Silicon Valley to Recruit Talent
Epic Systems, the dominating EHR leader has been making headlines not just for its growth, but for another interesting reason as well. The Wisconsin-based software company is led by quirky and media shy Judy Faulkner, who is the brain and motivation for the look and feel of the over 1000 acre campus that was formerly a farmland.
The company was started in 1979 in Verona, a farming suburb of Madison. What started as a small firm has since grown to over 8000 employees working on the campus. It
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First Opinion Raises $6M To Expand Its Text-A-Doctor App
First Opinion, an iOS mobile app that provides users remote personal health consultations with physicians, today announced a $6 million series A funding round led by Polaris Partners and existing Investors True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital.
Studies from the American Medical Association show that roughly 1 billion doctor visits occur each year in the United States, and of those, 70 percent are unnecessary and could be avoided by consulting with a physician
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Can A Mobile Health App Reduce Eye Age by 8.6 Years?
Can a mobile health app improve your eye vision? Various studies in neuroscience and advances in mobile technology healthcare seem to show that it is possible. GlassesOff is a new mobile health app that is clinically proven to reduce “eye age” by an average of 8.6 years. It is designed to reduce and eventually eliminate your dependence on reading glasses. What is the app all about and how does it work? Is it really as helpful as it claims to be? Is there scientific data to support the claims?
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Can A Google Glass App Help the Hearing Impaired?
Close to 30 million people in the US alone suffer from hearing impairment. Researchers at Georgia Tech have developed a Google Glass app especially designed for the hearing impaired called Captioning on Glass (CoG). How does the technology work? Is it genuinely useful to the hearing impaired? What are the pitfalls of the app? While some researchers say that it is possible, others deny it.
How does Google Glass work for the hearing impaired?
A Georgia Tech research team is credited with
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