Nomad Health, a digital health startup creating an online marketplace connecting doctors with freelance clinical work has raised $4M in the funding. The Series A round was led by First Round Capital and RRE Ventures with participation from .406 Ventures. Funding will support the NYC-based company's nationwide product rollout that will help address the country’s doctor shortage crisis. The platform is currently in beta. Founded in 2015 by a team of entrepreneurial doctors and Kevin Ryan (the
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N-of-One Raises $7M for Precision Medicine Oncology Decision Support
N-of-One, a precision medicine oncology decision support company has raised $7 million in funding from Providence Ventures and Excel Venture Management. The latest round brings its total funding to $11M. Founded in 2008 by a team of PhD scientists and oncologists, N-of-One analyzes and interprets tumor molecular profiles to help physicians and patients identify diagnostic and treatment strategies from its proprietary database.Working with leading healthcare systems and large commercial labs,
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Study: Wearables Increased Referral Rate for Advanced Therapy in Parkinson’s Disease
Great Lakes NeuroTech has completed and published a clinical study validating that remote monitoring with wearable, objective sensors can lead to an increased referral rate for advanced therapies in Parkinson’s disease.Published in The Journal of Parkinson’s Disease, the protocol followed 40 patients with Parkinson’s disease randomized into two groups for one year. The control group received standard care for assessing Parkinson’s disease, while the other used wearable, objective sensors
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Azalea Health Lands $10.5M to Expand Its Rural Market EHR
Azalea Health, an Atlanta-based provider of EHRs, practice management, and revenue cycle management solution has raised $10.5 million in funding. The Series B round was led by Kayne Partners with participation from existing investor Intersouth Partners. Founded in 2008, Azalea fully integrates telehealth capabilities within its technology-enabled solutions platform, which includes integrated EHR, practice management, electronic prescribing, interoperability services, personal health records,
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TELUS Health Acquires Nightingale’s Canadian EMR Assets for $14M
TELUS Health has entered an agreement to acquire Nightingale Informatix Corp's Canadian EMR software solutions and related assets for $14M. The acquisition will help expand the company's EMR customer base in Ontario and Atlantic Canada where Nightingale's EMR solution currently supports 4,000 physicians. “Telus Health is Canada’s most established provider of health information technology solutions,” said Nightingale CEO Sam Chebib in the press announcement. “We share their vision for
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Mercom: Healthcare IT Funding Soars $1.6B in Q2 2016
Healthcare IT funding reached $1.6B in 140 deals in the second quarter of 2016, representing a 33% increase compared to the $1.4B raised during the same period in 2015, according to a new report from Mercom Capital Group. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.So far in the first half of 2016, close to $3 billion has been raised in 286 deals, a 50 percent increase compared to nearly $2 billion raised during the same period in
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Endotronix Nabs $32M for Wireless Pulmonary Artery Sensor
Endotronix, a digital health startup developing a implantable, wireless pulmonary artery sensor for patients suffering from advanced heart failure has raised $32 million in Series C funding. Participating investors in the round include BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, and OSF Ventures along with existing investors and a corporate strategic investor. The company plans to use the funding from the round to support the safety and feasibility
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Speech Recognition Integration with Epic EHR Saves Hospital Physicians 2 Hours Per Shift
Edward-Elmhurst Health, a Chicago area health system has helped their physicians save up to 2 hours per shift integrating Nuance’s speech recognition solution with their Epic EHR. Nuance collaborated with Edward-Elmhurst Health made up of three hospitals with nearly 1,900 physicians to address its clinical documentation and narrative challenges as part of a recent merger. The solution, Dragon® Medical One was deployed to physicians in more than 100 facilities as a published Citrix XenApp to
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Avizia Nabs $11M to Boosts Its End-to-End Telehealth Platform
Avizia, a Reston, Va.-based end-to-end telehealth provider has raised $11 million in Series A funding led by Blue Heron Capital and joined by Lavrock Ventures, NextGen Venture Partners, Middleland Capital, Waterline Capital, and Blu Ventures. This funding round will enable the company to further expand its telehealth video collaboration offerings for hospitals and physicians, taking the patient experience into the future. Despite the growth of telehealth solutions, many systems are isolated from
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Parkview Health Taps Vocera for Secure Texting, Voice Communication
Parkview Health has selected Vocera Communication to implement Vocera secure text messaging and voice communication in three of its hospitals. The Vocera Communication Platform will be deployed on Zebra MC40-HC mobile computers, as well as hands-free voice communication on the wearable Vocera B3000n Badge.Once the platform is implemented, the enterprise platform will enable thousands of staff members at Parkview Regional Medical Center, Parkview Hospital Randallia and Parkview Whitley
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