AbilTo, Inc., a provider of evidence-based behavioral change programs proven to improve medical health and lower cost for high-cost medical populations has closed a $12 million Series C round of financing. The round was led by HLM Venture Partners (HLM) and Yumin Choi, Partner along with previous investors BlueCross BlueShield Venture Partners, .406 Ventures and Sandbox Industries. The New-York based digital health startup will utilize the capital to fuel the deployment of engagement, care
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Archives for 2015
Medsphere Closes $7.5M Venture Loan to Expand Open EHR
Medsphere, a provider of affordable and interoperable EHR solutions, has closed a $7.5 million venture loan from Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies. The venture debt will use the funds for working capital purposes to grow their customer base and expand product offerings. Unlike traditional bank lending, venture debt is defined as a form of debt financing for venture
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AMA Policy Supports Medical Student Access to EHRs
Building on the AMA’s current efforts to transform medical education and ensure medical students are trained and prepared to practice in the evolving health care environment, the American Medical Association (AMA) adopted policy today to ensure medical students receive necessary hands-on clinical experience using EHRs.
The new policy calls on the AMA to work with medical school accrediting bodies to encourage the nation’s medical schools, along with residency and fellowship training programs,
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How Apple, Qualcomm & Lawyers will Revolutionize Healthcare
Editor's Note: This post is written by Jeffrey Vogel, David Wong and Kathleen Collins from Bulger Partners, an advisory firm that specializes in healthcare IT.
The opportunity for technology in healthcare is monumental – and it’s no surprise that change is needed. Healthcare is a cumbersome, $3 trillion industry bloated with high costs, inefficiencies, and information asymmetries. Today, the wealth of data being created in medical settings is often not archived, shared, or
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Medtronic, Samsung Partner to Enhance Diabetes Management
Medtronic and Samsung Electronics has announced a partnership to improve diabetes management for the millions of people at risk and currently living with the disease. Together, Medtronic and Samsung will combine Samsung’s deep understanding of consumer mobile technology to deliver secure and convenient access to Medtronic’s integrated diabetes management systems that provide clinically-proven outcomes.
Managing diabetes effectively requires daily ongoing management to keep blood sugar levels
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FDA Approval of Digital Health Solutions Expected to Triple by 2018
FDA-regulated digital health solutions are expected to save the U.S. healthcare system more than $100 billion over the next four years, according to new research from Accenture. Accenture also predicts that FDA approvals of digital health solutions will triple by the end of 2018, to 100, from 33 last year.
The Accenture study assessed the number of digital health solutions that received FDA 510(k) clearance from 2010 through 2014. The analysis focused on devices and software created for
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CMS Chief Data Officer Recieves Health Data Liberators Award
Niall Brennan, Chief Data Officer and the Director of the Office of Enterprise Data and Analytics at the CMS has been announced as the recipient of this year's Health Data Liberators Award for his efforts to share CMS data in innovative ways to help improve the quality and value of care delivery. Chris Boone, Ph.D., Chief Executive Officer of HDC, and Charles Ornstein, presented the award in front of nearly 2,000 innovators, healthcare industry executives, policymakers, venture capitalists,
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Former Facebook CFO Launches Digital Health Company Lyra Health
Former Facebook and Genentech CFO David Ebersman along with experienced group of tech leaders, clinicians, data scientists, and health care policy experts has announced the launch of a new new behavioral digital health startup called Lyra Health. Backed by venture capital firm Venrock, Lyra Health will have a singular focus on transforming behavioral health, enabling more patients to get the care they need, when they need it.
Approximately 50 million Americans suffer from behavioral health
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Healthy Data Center = Greatest Protection for Patient Data Infographic
The state of your data center has a domino effect on all the infrastructure and networks that depends on its "health." A healthy data center ensures your healthcare organization can provide the greatest level of patient and, by extension, the greatest protection for patient data. From optimizing data center technologies to streamlining operations and safeguarding against downtime, all aspects must be considered to transform a data center into a backbone supporting the patient experience.
The
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McKesson Sells Off Care Management Business to Investors
McKesson Corporation has completed the sale of its Care Management business to private investment firm Comvest Partners along with co-investor Mosiac Health Solutions. The Care Management business will be rebranded as AxisPoint Health to provide complex and chronic case management services, nurse advisory services, and a care management software platform used by payers to manage utilization, disease, and case management services in-house. AxisPoint Health currently
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