emids, a growing global provider of IT services and solutions for the healthcare and life sciences industries, has acquired health IT consulting firm Encore Health Resources. For emids, the acquisition provides an opportunity to address these needs for providers, and complements the company’s existing expertise in the payer space. Financial details of the acquisition were not disclosed.Founded by Ivo Nelson and Dana Sellers, Encore helps providers plan, implement, manage and optimize clinical
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Bright.md Lands $8M for Virtual Physician Assistant, Partners with Adventist Health System
Bright.md, a Portland, Oregon-based developer of a virtual care solution to improve efficiencies and reduce costs in the delivery of care for non-acute conditions has raised $8 million in Series B funding round led by B Capital Group with participation from existing investor Seven Peaks Ventures. The funding will support continued market development for SmartExam, Bright.md’s cloud-based artificial intelligence (AI) software, including new implementations of healthcare delivery systems,
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Cotiviti Acquires Value-based Anaytics Provider RowdMap for $70M
Cotiviti, a provider of healthcare analytics-driven payment accuracy solutions has acquired RowdMap, a Louisville, KY-based payer-provider, value-based analytics company for $70 million in cash. Cotiviti also intends to issue an aggregate of approximately 800,000 shares of restricted Common Stock to certain employees of RowdMap as a material inducement to their employment with Cotiviti. The acquisition is expected to close by the end of July 2017. The acquisition broadens Cotiviti’s data
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Mendel.ai Raises $2M to Launch AI-Powered Medical Matching Service
Mendel.ai, a San Francisco-based startup has raised $2 million in seed funding co-led by DCM Ventures and Bootstrap Lab to launch a new artificial intelligence engine for doctors. The company has developed a new artificial intelligence engine that enables doctors and patients to more quickly find the best diagnostic and treatment methods available for their patients’ medical conditions.Founded by Dr. Karim Galil, Mendel.ai has developed a sophisticated algorithm that understands the
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Wellframe Lands $15M to Expand Mobile-Enabled Care Management Platform
Wellframe, a Boston, MA-based mobile-enabled care management solution provider has raised $15 million in Series B funding led by F-Prime Capital, with participation from existing investors including DFJ. The company plans to utilize the funding to develop their care management platform and expand its business reach. The latest round brings total funds raised by the company to $25 million.Founded in 2011, Wellframe enables leading health plans and at-risk providers to better leverage their care
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89% of Hospitals Have Made Investments in Digital Patient Engagement Tools
According to a new Spyglass Consulting Group report, 89 percent of hospitals and health systems have made significant investments in digital patient engagement tools. These digital patient engagement tools will help transform the way patients and family members are engaged, educated, and empowered.The “Trends in Digital Patient Engagement 2017” report findings are derived from more than 100 in-depth interviews with healthcare professionals over a three-month period starting in January 2017.
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3 ACOs to Implement eClinicalWorks Population Health Management Solution
Central Florida ACO, NEXT ACO of Nature Coast, and Space Coast ACO has selected eClinicalWorks Population Health Management for their combined 90 providers and more than 17,000 beneficiaries. The implementation will assist all three organizations in closing the gaps in the coordination of care, manage cost and utilization, and improve clinical quality outcomes.The eClinicalWorks Population Health Management solution provides the organizations with visibility into a patient’s care across all
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15 Reasons Why 2017 Will Be A Banner Year for Digital Health Funding
Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report from Rock Health, a full-service venture fund dedicated to digital health. The findings reveal that despite the recent election and upcoming repeal of the ACA, the spike in digital health investments are not an anomaly, but an indication of increased interest in the digital health sector.The Digital Health Funding Midyear Update report
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Roche Acquires Mobile Diabetes Management Platform mySugr
Roche has acquired mobile diabetes management platform mySugr to form a leading open platform for digital diabetes management. For Roche, the acquisition will allow the company to expand its position in the diabetes management market.As part of the acquisition, mySugr will remain as a separate legal entity with an open platform for all diabetes devices and services. Users will continue to have the ability to automatically upload blood glucose data from their preferred device into the mySugr
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Babyscripts Lands $5.7M to Expand Virtual Prenatal Care Platform for Expecting Mothers
Babyscripts, a Washington, DC-based digital health startup has raised $5.7 million in funding led by Ysios Capital. The funding round also included participation from Chemo Group, CG Health Ventures, Aurora Health Care Ventures, and P5 Health Ventures.Founded in 2013, Babyscripts is a virtual care platform for obstetrics that allows OBGYNs to deliver a new model of prenatal care. Babyscripts end-to-end solution embeds evidence-based care plans, approved by the patient’s own Provider, into
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