Majority of Americans want to monitor their health with connected health devices (56 percent) that automatically connect online and send information to their doctor or other people they choose, according to a recent Connected Health Study by A&D Medical. The online study of 2,024 American adults representative of the United States conducted in December 2014 found several reasons they want connected health devices including:
It would keep track of my health information accurately -
Read More
New York Signs Telehealth Reimbursement Bill
Last week, New York Governor Andrew Cuomo signed a bill into legislation stating that deductibles, co-insurance or other conditions for coverage of telehealth visits cannot differ from those for in-person visits. The bill enacted last week is retroactive to January 1st; however, it will take sometime for insurance companies to update their policies. The legislation was sponsored by Assemblywoman Addie J. Russell.
"Essentially it’s now been put into law that health insurance can recognize a
Read More
Health Tech Incubator MATTER Adds 10 Startup Members
Chicago based health tech incubator MATTER has added ten more startups to its membership bringing its total to 40 companies. The recently launched incubator aims to collectively fuel the future of healthcare innovation. in Chicago through mentorship, networking opportunities, partnerships with companies and affordable workspace.
The company recently secured $4.4 million led by twenty two local companies mostly focused in the tech and healthcare sectors complementing an initial $2.5M grant
Read More
Augmedix Raises $16M to Expand Google Glass in Doctors’ Offices
Today, Augmedix announced that it has received $16 million in Series A venture funding co-led by the company's seed investors Emergence Capital and DCM Ventures. Augmedix plans to utilize the capital to expand to expand operations, fuel product development, and establish new partnership initiatives. Augmedix has raised $23 million in total venture funding to date.
Founded by Stanford grads CEO Ian Shakil and Chief Product Officer Pelu Tran in 2012, Augmedix — a service powered by Google
Read More
Providers Launch Project to Promote Innovative Models in EMS
Mount Sinai Health System is partnering with University of California, San Diego Health System to launch a new project entitled “Promoting Innovations in Emergency Medical Services.” Supported by the National Highway Traffic Safety Administration, Office of Health Affairs, the Department of Homeland Security and the Department of Health & Human Services, the project will support the implementation and dissemination of innovative Emergency Medical Services (EMS) delivery models. The $225k
Read More
Health Optimization Platform Welltok Closes $37M Funding Round
Welltok, developer of the CaféWell Health Optimization Platform™, officially closed its most recent funding round of $37 million. Two new investors join the round, Hearst Health Ventures, a unit of Hearst Corporation focused on investments in health IT and technology-enabled healthcare services, and Catholic Health Initiatives (CHI), one of the nation’s largest health systems. This brings Welltok’s completed funding in 2014 to $59 million.
Hearst and CHI join the Series D round led by
Read More
Senior Care Platform Independa Enters Into Consumer Market
According to the National Alliance for Caregiving, there are 65 million caregivers in the US -- and 51% of their care recipients are aged 75+. To open up communication possibilities for cargivers, senior care platform provider Independa has announced its entrance into the consumer market by making its Independa TV available to anyone who is struggling to provide remote care for their aging loved one. This powerful and simple TV-based solution enhances the lives and independence of
Read More
Honeywell HomMed Changes Corporate Name
Honeywell HomMed – a provider of health management technologies and remote patient monitoring solutions has announced that it is changing its corporate name to Honeywell Life Care Solutions. The corporate name change reflects company's broader healthcare commitment and its focus in driving the innovations needed to shape the future of health management through digital health technology solutions.
"The new name – Honeywell Life Care Solutions – allows us to emphasize our wide-ranging business
Read More
Rock Health: Digital Health Funding Tops $4.1B in 2014
Digital health funding surpassed $4.1B in 2014 according to the recent Digital Health Funding: Year in Review 2014 Report by Rock Health.
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2014 Report, an in-depth analysis report of all digital health funding in 2014. The report found digital health funding in 2014 surpassed $4.1B, nearly the total of all three prior years combined, and
Read More
Infographic: 2014 Periodic Table of Digital Health Investments
2014 was an all-time record for digital health investments, with over $4B pouring into the health IT/digital health space, according to Rock Health. The San Francisco based full service seed fund for digital health startups recorded over ~120% growth YoY for total dollars invested, with an absolute growth of over $2.2B. The CAGR over the past four years is 44%. More than 287 companies have been funded this year—107 more than last year, representing 58% YoY growth.
Periodic Table of Digital
Read More
