Omada Health, the Andreessen Horowitz-backed digital health company that helps employers and health plans avoid getting diabetes, heart disease, and other chronic conditions, announced today that it has raised $48 million in Series C funding. The round was led by Norwest Venture Partners, including strategic investment from two Omada customers – Humana, Inc. and Providence Health & Services, as well as prior investors US Venture Partners, Andreessen Horowitz, Rock Health and new investors
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Archives for 2015
Google Capital Pours $32.5M into Insurance Startup Oscar Health
Google Capital has invested $32.5 million in Oscar Health, a health insurance company using technology to make insurance simple, intuitive, and human with a valuation of $1.75B, The Wall Street Journal reports. The recent funding brings startup’s funding total up to $352.5 million.
Launched in 2013, Oscar Health's quality network has more than 40,000 users in New Jersey and New York with plans to expand its coverage to California and Texas in 2016. The company's business model is focused on
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iHealth Unveils New Wireless Scale and Smartphone App
iHealth Lab, a provider of consumer-friendly mobile health devices and apps, has unveiled the iHealth Core: Wireless Body Composition Scale (HS6) and a new iHealth MyVitals smartphone app. Combined, the solution provide users with a comprehensive view of their body composition and how their fitness routine impacts their overall wellness over time. The solution also allows persons with chronic conditions such as obesity and hypertension to better manage their health and make
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De-Identification Standards Offer 1 Solution to the High Cost of Healthcare Data Breaches
Editor's Note: Dr. Khaled El Emam is the CEO of Privacy Analytics, a world-renowned expert in statistical de-identification and re-identification risk. He is one of only a handful of known individual experts in North America qualified to certify the anonymization of Protected Health Information under the HIPAA privacy law.
Between October 2009 and August 2015, 1,286 HIPAA-covered entities and business associates have reported data breaches involving more than 500 records, which have
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Novu Launches mHealth COPD Clinical Trial, Partners with Mayo Clinic, MHS
Novu, a consumer health engagement platform today announced it has been tapped by Minnesota HealthSolutions Corporation (MHS) to partner on a mobile health COPD clinical trial program designed to motivate and monitor people with chronic obstructive pulmonary disease (COPD). Many of the millions of people affected by COPD are not able to participate in pulmonary rehabilitation (PR) in a clinical setting, and the program, delivered through the Novu platform, will enable them to complete home
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Rare Genomics Institute Launches 10 Crowdfunding Campaigns to Help Rare Disease Patients
Rare Genomics Institute (RG) is launching ten separate crowdfunding campaigns to help patients with rare diseases pinpoint the causes of their illnesses. All amounts raised will go towards exome sequencing, which is a cutting-edge method of partial genome sequencing to find the genetic causes of diseases.
This effort is part of Amplify Hope, initiated by RG to determine the most effective crowdfunding programs and measure their effect on scientific education. Amplify Hope is a new RG study
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Philips Launches Type 1 Diabetes Prototype App Connecting Consumer and Clinical Data
Today Philips and Dutch Radboud university medical center launched a diabetes prototype app with integrated online community to empower patients and enhance continuity of care. The online community will connect people living with Type 1 diabetes and clinicians which allow them to share individuals’ personal health data and clinical health data from electronic medical records in a secure environment. This is also the first real-world implementation of the Philips HealthSuite Digital Platform -
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Healthcare Security Breaches Cost $31B and Growing (Infographic)
While the news frequently reports the number of data breaches in the health care industry, few may realize that the estimated cost for HIPAA breaches since 2009 has reached over 31 billion dollars.
As the volume of healthcare security breaches exponentially increases, so does the need to share this information for secondary uses such as research and analysis that can lead to better treatments, cures and improved care. The following infographic created by Privacy Analytics illustrates some of
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Doctor Search Portal Practo Acquires Insta Health For $12M
After raising $90 million in Series C funding in August, India-based physician search portal Practo has acquired cloud-based hospital information management company Insta Health for $12 million (Rs 80 crore) in a cash and equity deal. Founded in 2008, Insta Health provides hospital information systems and EMR solutions to hospitals across South East Asia, Middle East, India, and Africa. The Insta Health acquisition marks the company's third acquisition in less than six months. The acquisition
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Report: mHealth Market Will Account for Nearly $18B in 2016 Alone
Research and Markets estimates that the mHealth market will account for nearly $18 Billion in 2016 alone. Despite barriers relating to regulation, patient acceptance and privacy concerns, estimates suggest further growth at a CAGR of 40% over the next 5 years.
The mHealth (Mobile Healthcare) Ecosystem: 2015 - 2030 - Opportunities, Challenges, Strategies & Forecasts report presents an in - depth assessment of the global mHealth market. In addition to covering key market drivers,
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