Centivo, a new type of self-funded health plan built specifically for employers and their employees and families has raised $34 million in Series A funding led by Bain Capital Ventures. The round also included participation from F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures, Oxeon Investments, and several individual investors, including industry veterans Jim Foreman, Ken Goulet, and Kevin Hill.Founded in
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B. Braun Acquires Bloodlines Business from MedTech Company NxStage Medical
B. Braun Medical Inc. (B. Braun), a market leader in renal therapies, infusion therapy, and pain management, has signed an agreement to acquire the bloodlines business operated under the Medisystems® name by NxStage Medical, Inc., a medical technology company based in Lawrence, Massachusetts (NxStage). The bloodlines business includes blood tubing solutions designed to eliminate blood air interface and a tubing product that eases the reversal of blood flow during treatment.NxStage Medical, Inc.
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CoxHealth Taps Kyruus to Optimize Patient-Provider Matching to Improve Patient Experience
Kyruus, a patient-provider matching health IT company, today announced that CoxHealth has selected the company’s ProviderMatch for Access Centers and ProviderMatch for Consumers solutions to optimize patient-provider matching and improve the overall experience for patients accessing care at the health system.As Springfield, Missouri’s only locally owned health system, CoxHealth sought a solution to enhance the patient experience from the first point of contact with the health system – through
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PlayMaker Health Acquires viaDirect to Improve Healthcare Data Insights for Post-Acute Care
Playmaker Health, a Nashville, TN-based provider of market intelligence to post-acute providers, has acquired one of its competitors, ViaDirect. Hospices, LTCs, SNFs and others are still in the early stages of using analytics to refine their strategies around referral sources, opportunities for market expansion, and everything in between. With the ViaDirect acquisition, Playmaker’s platform includes not just Medicare and commercial claims data, but Lexis/Nexus data analytics as well. This
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Kindly Care Lands $5.4M to Expand Elder Care Marketplace
Kindly Care, a San Francisco, CA-based elder care marketplace, today announced it has raised $5.4 million in Series A funding led by Javelin Venture Partners. The round also included participation from MHS Capital and Jackson Square Ventures. Kindly Care plans to utilize the latest round of funding to fuel additional growth of the company’s vision to provide a simple and safe solution for affordable elderly care, fund development of additional capabilities for the platform, and to support
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Embleema Launches Blockchain-Powered Personal Health Record Platform
Embleema comes out of stealth to connect patients, life sciences, and regulators through its healthcare blockchain-enabled personal health record (PHR) platform. Embleema, a NYC-based patient-focused healthcare blockchain network, today emerged from stealth after one year of R&D, to launch the public beta release of its patient-driven, HIPAA-compliant, blockchain-enabled personal health records (PHR) platform. The new blockchain-driven PHR platform give patients complete control over their
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DrChrono, Stitch Integrate to Provide Practices EHR Physician Collaboration Tools
DrChrono, a company enabling the medical practice of the future, today announced a new partnership with Stitch, a company that has created a free HIPAA-compliant app for healthcare teams to send internal messages, communicate with patients and track daily tasks. Both DrChrono and Stitch are Y Combinator portfolio companies.In the past, physicians and medical staff would need to communicate with each other about patients using email, text and phone calls or other outdated chat software that
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Bright.md Integrates with GOeVisit, Enters Canadian Market with Virtual Care Platform
This week, Bright.md announced a new and unique customer deployment with Vancouver-based MyCare MedTech, marking its initial expansion into the global marketplace. Until now, the company’s SmartExam platform has been implemented exclusively by traditional brick and mortar healthcare systems like Providence Health & Services, Presbyterian Health Systems and Rush University. However MyCare MedTech tapped Bright.md to enhance its own existing virtual platform, dubbed GOeVisit.SmartExam enables
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Octave Bioscience Grabs $14M for Care Management Platform Focused on Neurodegenerative Diseases
Octave Bioscience lands $14M to bring expertise in chronic neurodegenerative markets and molecular Insights for improved care.Octave Bioscience, a Menlo Park, CA-based developer of a fully integrated care management platform delivering powerful insights for patients with neurodegenerative diseases, today announced it has raised $14 million in Series A funding. The round was led by BCBS Venture Partners with participation from Echo Health Ventures (a strategic collaboration of Cambia Health
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Chilmark Report: NLP Technology is Poised to Unlock Value of Unstructured Health Data
In the span of 10 years, healthcare organizations (HCOs) have gone from having very little information available for data mining to nearly drowning in vast and complex digital information. Simultaneously, the effort required to enter and clean the data has been unsustainably high, affecting clinician morale and analysts’ ability to extract insights for improving population health.All that is about to change for the better. As revealed in the latest Chilmark Research report, Natural Language
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