nference, a Cambridge, MA-based company on a mission to synthesize the exponentially growing biomedical knowledge has raised $11 million in Series A funding led by Matrix Partners. The round also included participation from existing investor Matrix Capital Management. The company plans to utilize the funding to develop the company’s AI and R&D platforms, expand scientific operations in Cambridge MA and establish nference Labs in Bangalore, India.Founded by Murali Aravamudan and Venky
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New York Expands Patient Care Alerts Statewide Through SHIN-NY
The New York eHealth Collaborative (NYeC) today announced the expansion of patient care alerts across the state's eight regional health information exchanges through the Statewide Health Information Network for New York (SHIN-NY). Healthcare professionals can now receive real-time alerts free of charge when their patients is admitted, discharged or transferred from a hospital, promoting timelier interventions and improved planning for a patient's care at home or at another facility.The
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DrFirst Helps Clinicians Personalize Treatment Plans Through Genomics Testing
DrFirst, a provider of medication management and secure communications solutions, has added a new pharmacogenomics (PGx) capability within the workflow of its Rcopia electronic prescribing suite. The new PGx solution, developed in collaboration with Translational Software Inc. (TSI) and in conjunction with Exceltox and Alpha Genomix Laboratories, allows physicians to order genomic tests for patients to understand how patients will respond to current or planned medications.DrFirst’s PGx
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North Mississippi Health Taps Mercy to Help Implement Epic Ambulatory EHR
North Mississippi Health Services (NMHS), a private, not for profit hospital which serves 730,000 patients in 24 counties in north Mississippi and northwest Alabama, has selected Mercy Technology Services to help implement Epic ambulatory EHR platform across enterprise. As the nation’s first Epic-accredited provider, Mercy Technology Services will provide project leadership and proven methodology from more than 50 previous installations, Epic module expertise, revenue cycle support, training and
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Health Tech Startup Bridge Connector Raises $4.5M for Healthcare Data Integration Platform
Bridge Connector, a healthcare data integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations, today announced it has raised $4.5 million in seed funding led by Axioma Ventures LLC. The seed round also includes participation from Alex Jenkins, co-founding partner of Axioma Ventures; Hannibal Baldwin, Chief Financial Officer of Baldwin Beach Capital and Co-CEO of SiteZeus; and Jeffrey S. Wenger, M.D., a board-certified
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Parachute Health Nabs $9.5M for ePrescribing Platform for DME and Supplies
Parachute Health, a New York-based ePrescribing platform transforming the way patients receive the care they need to properly manage their health and recovery at home has raised $9.5 million in new funding led by Harley Miller and Dan Ahrens of Insight Venture Partners. The funding also included participation from GNYHA Ventures, the business arm of the Greater New York Hospital Association and Anthony Welters, formerly of UnitedHealth Group. The company plans to use the funding to expand
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock
Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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Premier Launches Physician Enterprise Collaborative to Identify Margin Improvements for Medical Groups
Premier Inc., a healthcare improvement company, is launching a new performance improvement collaborative to help health systems navigate the integration and alignment of employed and affiliated medical groups while optimizing overall practice performance. The Physician Enterprise Collaborative seeks to help medical groups identify margin improvements equivalent to 5 to 7 percent of professional net patient revenue (cash collections of billing activity).Officially beginning in June 2018,
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Colorado Access Taps Welltok to Improve Medicaid Member Communication
With Medicaid dollars stretched thin, it’s critical that health plans operate as efficiently as possible. Many plans make costly investments in beneficiary outreach services or technologies that bombard individuals with ineffective communications that they may not even see. But to operate efficiently, Colorado Access (COA), the state’s nonprofit provider of Medicaid programs, is addressing this head on with new communication methods. Today, COA announced that they are partnering with Welltok and
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Qardio Launches New Service for Doctors to Bill for Remote Care Monitoring, Increasing Revenue Opportunities
Qardio, a digital health company, announced a new service for remote monitoring that brings a smarter way for doctors to deliver non face-to-face patient care while increasing revenue opportunities with the new reimbursement CPT code 99091. This new service is powered by Qardio’s doctor platform, QardioMD, which automatically compiles and analyzes patient vitals such as blood pressure, ECG and weight recorded outside the doctor's’ office. With this service, doctors can now more easily be
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