Augmedics, a Yokneam, Israel-based developer of an augmented-reality (AR) surgical visualization system has raised $8.3M in Series A funding led by AO Invest, Israeli Innovation Authority, Terra Venture Partners and other undisclosed investors. The company plans to utilize the latest round of funding accelerate research and development as well as pre-clinical and clinical trials of its ViZOR System. In addition, the company plans to establish strategic distribution partnerships, and seek 510(k)
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Hearst Makes Equity Investment in Moffitt Cancer Center Subsidiary M2Gen
Hearst, a market leader in healthcare technology has announced an equity investment in M2Gen, a health informatics subsidiary of Moffitt Cancer Center, one of the top comprehensive cancer centers in the United States. This partnership will help accelerate the discovery of innovative cancer therapies and improve care for patients nationwide. In addition, the collaboration will provide funding to expand the efforts of the nation’s first major data sharing network among leading cancer
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Telehealth Startup Cloudbreak Health Joins StartUp Health’s Global Army of Transformers
Cloudbreak Health, a Los Angeles, CA-based telehealth startup has been chosen to join the elite StartUp Health Academy for Health Transformers and digital health entrepreneurs. StartUp Health’s platform is focused on coaching and supporting entrepreneurs to foster digital innovation to transform health on a global scale. provide video remote interpreting services (VRI) and over the phone interpreting (OPI) to medical facilities around the countryFounded in 2003, Cloudbreak allows providers to
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Boomtown, National Health Council Launches Patient-Centric Startup Accelerator
Boomtown, a startup accelerator that nurtures selected startups through a 12-week mentoring program, and the National Health Council (NHC), a patient advocacy umbrella organization, have announced a three-year agreement to work in collaboration to select and accelerate approximately 20 early-stage digital health startups that are building patient-centric products and services related to healthcare.The NHC is a nonprofit association of national health-related organizations, including leading
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Cedars-Sinai Healthcare Accelerator Unveils Third Class of 10 Digital Health Startups
Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, today announced the 10 digital health startups selected to participate in its third class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.The three-month accelerator will offer mentorship and guidance from clinicians & administrators at Cedars-Sinai,
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Marketware Raises $4.5M for Physician Relationship Management Platform
Marketware, a Cottonwood Heights, UT-based provider of SaaS healthcare relationship management technology has raised $4.5 million in Series B funding led by EPIC Ventures. In addition to the Series B funding round, the company has appointed Alex Obbard as the company’s CEO.Obbard brings more than 25 years' experience in all areas of revenue and profit generation for technology organizations, with significant experience driving SaaS-based sales growth. Most recently, Obbard served as SVP of Sales
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AARP, Rock Health Launch 2017 Aging in Place $50K Challenge
AARP Foundation and Rock Health, a provider of full-service funding to promising entrepreneurs are launching the 2017 Aging in Place $50K Challenge. Digital health startups interested in the 2017 Aging in Place Challenge have the chance to earn a $50,000 cash prize and work with AARP Foundation to improve the lives of vulnerable seniors by addressing issues that help to reduce unnecessary healthcare services, costs, and hospital readmission rates—especially as described in the CMS 30-day
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10 Best Practices for Executing Successful M&A Deals in Healthcare IT
Editor's Note: Angela Pierce is the CPA, Chief Financial Officer at AirStrip, a complete, vendor- and data source-agnostic enterprise-wide clinical mobility solution, which enables clinicians to improve the health of individuals and populations. Pierce previously served as the CFO of Trillion Partners, Inc., where she spearheaded the effort to raise $60 million in debt and private equity for the business. As VP of Finance at Broadwing, Angela led the raising of more than $200 million and managed
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Healthbox Unveils 2017 Healthbox Studio Cohort to Support Entrepreneurial Innovation
Healthbox, a Chicago-based healthcare innovation services firm, today announced the cohort of the 2017 Healthbox Studio program to support and advance entrepreneurial innovation. The Healthbox Studio is a five-day program dedicated to fostering relationships between emerging digital health startups and industry leaders through presentations, workshops, and mentor sessions from the Healthbox team and other industry leaders.Ten early stage digital health startups are selected from an
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Private Equity Firm Acquires Pharmacy Automation Provider Capsa Healthcare
Levine Leichtman Capital Partners (“LLCP”), a Los Angeles-based private equity firm has acquired Capsa Healthcare, a provider of mobile workstations, medication management products, and pharmacy automation solutions for healthcare settings. Financial terms of the acquisition were not disclosed.Formed through the integration of Capsa Solutions, Rubbermaid Healthcare, and Kirby Lester, Capsa Healthcare develops and manufactures Point-of-Care Workstations, Medication Management Solutions, and
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