RXQ Compounding, LLC, an Athens, Ohio-based manufacturer of sterile and non-sterile medications licensed to ship to 38 states and Washington, D.C., announced it has raised $7 million in Series A funding led by Ohio Innovation Fund (OIF). RXQ plans to use the latest round of funding to open a new state-of-the-art FDA 503B outsourcing facility for pharmacy compounding, employing hundreds in the Appalachian area of Southeast Ohio. RXQ Compounding, LLC is poised to be a leader in the new paradigm
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Click Therapeutics Lands $17M to Advance Prescription Digital Therapeutics Platform
Click Therapeutics, Inc. (“Click”), a provider of Digital Therapeutics solutions as prescription medical treatments, has raised $17 million in funding led by Sanofi Ventures, the corporate venture capital arm of Sanofi. Sanofi Ventures invests in early-stage biotech and digital health companies with innovative ideas and transformative new products and technologies of strategic interest to Sanofi. Among these areas are rare diseases, vaccines, potential cures in other core areas of Sanofi’s
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Non-Emergency Medical Transportation Pilot Improved Patient No-Show Rates
Results of a 12 month non-emergency medical transportation pilot program reported a significant decline in patient no-shows and increased revenue for Hennepin Healthcare. During the yearlong pilot program, the internal medicine clinic located in downtown Minneapolis deployed Hitch Health’s proprietary, automated technology to offer Lyft rides via SMS rates to patients in need who had previously missed appointments.The software’s flexibility allows health systems to customize ride offers through
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University Hospitals Adopts Needle-Free Blood Draw Technology
University Hospitals Cleveland Medical Center adopts needle-free blood draw technology to reduce anxiety and risks for hospitalized patients.University Hospitals (UH) Cleveland Medical Center in Ohio, announced that it has implemented the PIVO needle-free blood draw device from San Francisco-based medical device innovator Velano Vascular at UH Cleveland Medical Center for inpatient blood draws. UH is the first health system in Ohio to deliver this enhanced experience to patients and is helping
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UCSF and Dignity Health to Develop Digital Patient Experience Platform
Dignity Health and UCSF, announced a collaboration partnership to develop a digital patient experience platform that will provide information and access to patients when and where they need it as they navigate primary and preventive care, as well as more acute or specialty care. The new platform will utilize Dignity Health’s cloud-based infrastructure for its 40 hospitals, while UCSF will contribute its extensive knowledge of the patient experience in specialty care.Collaboration DetailsDuring
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Centivo Raises $34M to Launch Next-Gen Self-Funded Health Plan
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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