Digital health funding has exceed 2014's record breaking year reaching $3.3B representing 30% TTM growth, according to Rock Health, a full-service venture fund dedicated to digital health. In a blog post, Rock Health reported that the average deal size is the largest to date at $15.8M, despite deal flow down 9% compared to 2014. Only 8 digital health companies made up over 50% of the quarter's total funding.
The report produced by Teresa Wang and Rita Rajan with help from Malay Gandhi
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Blueprint Health Showcases 8th Class of Startups in NYC
Blueprint Health, a NYC based mentor-focused health technology accelerator today announced the showcase of their Summer 2015 class of startups at their eight annual Demo Day in NYC. The Summer 2015 Accelerator class is composed of eight new companies solving a diverse set of problems in the healthcare industry from preventing hospital readmissions through geolocation (Position Health) to providing point of service lending to patients with high deductible health
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4 Challenges of Establishing EHR Interoperability
By the year 2024, the U.S. Department of Health and Human Services wants interoperability between disparate electronic health records systems (EHRs) to be a common capability. This would allow patient data to be shared among authorized practitioners more seamlessly. But how do patients feel about this?
According to a recent survey conducted by Software Advice, 46 percent of patients want their doctors to directly exchange the health records, and fewer (21 percent) favor in-person delivery.
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CVS Health Partners with MassChallenge, Rock Health to Drive Digital Health Innovations
CVS Health made a big leap into digital healthcare with the recent opening of a Lab in Boston focused on developing new digital health solutions. On Wedneday, CVS Health announced it will partner with digital health venture fund Rock Health and healthcare startup accelerator MassChallenge in efforts to drive faster digital health innovation and expand areas of focus.
By forging new relationships in key markets—Boston, for healthcare and San Francisco, for technology – CVS Health aims to
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New Disposable Wearable Patch Measures Vital Signs Every 2 Mins
The monitoring of vital signs, such as pulse rate, respiration rate and body temperature, is an essential component of patient assessment. Changes in vital signs can be indicators of deterioration in a patient’s condition. However, in general care areas of the hospital, vital signs are typically taken during routine observation rounds only once every four to eight hours. If a patient deteriorates between these observation rounds, the warning signs can go undetected for hours, leading to
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46% of Patients Want Their Docs to Share Health Records Directly
By the year 2024, the U.S. Department of Health and Human Services wants interoperability between disparate electronic health records systems (EHRs) to be a common capability. This would allow patient data to be shared among authorized practitioners more seamlessly. But how do patients feel about this?
According to a recent survey conducted by Software Advice, 46 percent of patients want their doctors to directly exchange the health records, and fewer (21 percent) favor in-person delivery.
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Medtronic Unveils New App Enabling Diabetics to Remotely Monitor Their Diabetes Data
Global medical technology provider Medtronic has announced the U.S. commercial availability of MiniMed Connect, the first and only product to enable people with diabetes to discreetly and conveniently view their insulin pump and continuous glucose monitoring (CGM) information on a smartphone. The announcement reinforces Medtronic's vision to transform diabetes care by beyond insulin pumps and CGM devices and integrating leading consumer technologies, data and informatics to enable better therapy
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Teva To Acquire Gecko Health Innovations for its Smart Inhaler
Israeli generic drugmaker Teva Pharmaceuticals Industries Ltd. has reached an agreement to acquire mobile health technology company Gecko Health Innovations, Inc. The acquisition will help strengthen Teva's respiratory capabilities and help reinforce its leadership position in respiratory care. Financial terms of the deal were not disclosed.
CareTRx (formerly GeckoCap) is a cloud-based solution designed to simplify chronic respiratory disease management, connecting patients and caregivers
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WEDI, Nate Partner on Virtual Clipboard to Support Interoperability
The Workgroup for Electronic Data Interchange (WEDI), a nonprofit authority on the use of health IT to create efficiencies in healthcare information exchange, and the National Association for Trusted Exchange (NATE), a nonprofit authority in consumer-mediated electronic health information exchange, announced a partnership to cooperate on Phase II of the Virtual Clipboard Initiative and to advance research concerning healthcare interoperability.
Virtual Clipboard Initiative Overview
Built
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CliniCloud Pulls In $5M For Its IoT Medical Home Kit
CliniCloud, the consumer digital health company bringing healthcare home with smart medical devices anyone can use, has raised $5 million in funding led by Tencent and Ping An Ventures. Additionally, CliniCloud announced a retail partnership with Best Buy to sell its first product, a connected medical kit containing a digital stethoscope, a non-contact thermometer and a mobile app that empowers patients to proactively manage their wellness at home in the U.S. and Canada, starting in
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