Censinet, a third-party risk management company for healthcare providers has raised $7.8 million in Series A funding co-led by HLM Venture Partners and Cedars-Sinai Health System. The Series A round also includes participation from seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.The Problem with Provider Vendor Risk Management TodayHospitals today work with 700 vendors on average, each requiring a risk assessment that can take eight weeks or more to complete. Due to the
Read More
Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation
FundamentalVR, developers of
immersive training technology for the surgical community, has announced its
platform Fundamental Surgery, which combines
virtual reality with haptics (the sense of touch), has received Continuing
Professional Development (CPD) accreditation by The Royal College of
Surgeons. The accreditation
marks Fundamental Surgery as the first surgical simulation that combines VR
with haptics (the sense of touch) to receive CPD points.
Impact of
Read More
7 Healthcare Trends Advancing and Impacting Growth Initiatives in 2019
Definitive Healthcare, a provider of data, intelligence, and analytics on the healthcare provider market, today released results from its 2019 Healthcare Trends Survey. Definitive Healthcare polled over 1,000 healthcare leaders across the provider, biotech, financial services, staffing, life sciences, IT, and consulting verticals to determine which trends they felt were most important, heading into 2019.Here are seven healthcare trends advancing and impacting growth initiatives in the healthcare
Read More
Redox Lands $33M for Scalable Healthcare Data Interoperability Platform
Redox, a Madison, WI-based company that
is changing the way healthcare providers and software vendors share data has
raised $33 million in Series C funding led by Battery Ventures. The Series C
round also included participation from existing investors .406 Ventures, RRE
Ventures, and Intermountain Ventures.
Finally. A Scalable Way to Exchange Healthcare Data
Currently, inconsistent data formats and redundant connections slow, or completely prevent the flow of critical health information,
Read More
TytoCare’s On-Demand Medical Exam Kit Is Exclusively Available at Best Buy
TytoCare, an Israeli-based telehealth company is teaming up with Best Buy to make it easier and more convenient for customers to receive healthcare. Tyto Care’s TytoHome is now available exclusively on BestBuy.com for all customers and in select Minnesota Best Buy stores, with in-store availability coming soon in North Dakota, South Dakota, California, and Ohio.TytoHome: How It WorksTytoHome, available for $299.99, is a handheld examination device with attachments that can examine the heart,
Read More
AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
Read More
Mercom: Global Digital Health/Health IT VC Funding Tops $2B in Q1 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
Read More
Value-based Care in America: A Table View of State-by-State Initiatives
Value-based care programs are flourishing across the U.S., with a seven-fold increase in the number of states implementing such initiatives in the past five years, according to a new Change Healthcare report. The report, Value-Based Care in America: State-by-State is the second national study of state healthcare payment programs that reveal 48 states have now implemented value-based care or payment programs, 50% of those programs are multi-payer in scope, and just four states have little or no
Read More
Bridge Connector Raises $20M to Solve Health IT Interoperability Challenges
Bridge Connector, a Nashville, TN-based company offering data-driven workflow automation to solve health IT interoperability challenges, has raised $20 million in funding from Axioma Ventures. Their business model aims to create an ecosystem where all health care organizations, regardless of size, can equitably reap the benefits of connected data systems.Sense of Urgency to Achieve Data Interoperability in HealthcareA shared sense of urgency to achieve data interoperability in healthcare,
Read More
MEDITECH Expanse EHR Unveils Labor and Delivery Solution for Nurses
MEDITECH Expanse Enterprise Health Record (EHR), today announced the launch of Expanse Labor and Delivery solution to help ensure that the transition is safe and seamless from labor through postpartum care. Developed to bridge any gaps between prenatal care, delivery, and postnatal care, the Expanse Labor and Delivery solution allows clinicians to review the complete patient story across the care continuum, while improving patient handoffs, mitigating patient risks, streamlining workflows
Read More
