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
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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
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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,
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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
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PointClickCare Launches New iOS Mobile App for Senior Living
PointClickCare, a cloud-based software vendor for the long-term and post-acute care (LTPAC) and senior living sectors has launched a new mobile app, PointClickCare Companion. The new mobile app leverages the powerful design possibilities of iOS to change the way senior living providers track and manage the delivery and documentation of care services, medication, and billing.Financial Stress of Senior Living ProvidersSenior living providers have been under increasing financial stress over the
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Request A Virtual Doctor Visit Directly from Google, Bing, Yelp
VSee, a San Jose-based telemedicine company and Doctor.com, a web-wide listings management, reputation, and patient communications platform -- are partnering to create a seamless online patient journey from Google, Bing, Yelp search to virtual visit. Doctor.com’s platform currently serves more than 200K providers and leverages the only partner network in the industry of 50+ integrations, including Google, Bing, Yelp, Healthgrades, Vitals, YP, and other major consumer health destinations.VSee
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2 in 3 Physicians Plan to Use Remote Patient Monitoring in the Future
According to a new study from the Consumer Technology Association (CTA), 68 percent of physician strongly intend to use remote patient monitoring technology in the future. The study, Connected Health and Remote Patient Monitoring: Consumer and Industry Use asked 2,004 U.S. adults about their use of remote patient monitoring technologies in addition to healthcare providers that included 100 primary care physicians, 60 endocrinologists and 40 nurses. CTA also surveyed reimbursement stakeholders
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Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities
Cityblock, a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health needs has raised $65 million in Series B funding. The funding was led by Redpoint Ventures, 8VC (affiliate venture fund with Cambia Health Solutions and Blue Cross and Blue Shield of North Carolina), Echo Health Ventures and StartUp Health including existing investors Sidewalk Labs, Thrive Capital, Maverick Ventures, Town
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Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases
Sonde Health, a Boston-based digital medicine company developing a vocal biomarker device to transform the way we monitor and diagnose our mental and physical health has raised $16 million in Series A funding. The round was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), with participation from MP Healthcare Venture Management, Inc. (the corporate venture capital arm of Mitsubishi Tanabe Pharma Corporation), Neoteny 4, LP, Canepa Healthcare, and founder
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Zipnosis Launches Personalized Virtual Care Offering for Health Systems
Virtual care software company, Zipnosis has announced the launch of ZipPlus – a customized virtual care platform offering designed to give health systems the tools and support they need to deliver truly personalized care. Today’s Health Systems Not Realizing Benefits of Virtual CareHealth systems are not fully realizing the benefits of virtual care as they struggle to overcome disparate technologies that are designed without the patient at the center, and implemented without provider workflow
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