The Livongo for Diabetes program delivered a 21.9 percent reduction in medical spending for Livongo members when compared to the matched non-Livongo population, according to study findings published in the latest edition of the Journal of Medical Economics. When taking the average price of the Livongo for Diabetes program into account, the study demonstrated that employers experienced a positive return on investment in one year.Financial Impact of Diabetes Management in the U.S.Diabetes is one
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Sandoz to Use Pilloxa’s Smart Pillbox to Improve Transplant Patient Medication Compliance
Swedish digital health startup company Pilloxa has announced a strategic collaboration with Sandoz Nordics on using Pilloxa’s smart pillbox in the field of transplantation. The initial phase aims to support Swedish transplant clinics with Pilloxa's innovation in order to facilitate improved medication adherence by transplanted patients.Pilloxa Background Founded in 2015, Pilloxa recognized the need to facilitate medication adherence during Clinical Innovation Fellowships; a joint venture program
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Neural Analytics Lands $22M for Robotically Assisted Ultrasound System for Brain Health Assessment
Neural Analytics, Inc., a Los Angeles, CA-based medical robotics company developing and commercializing technologies to measure and track brain health has raised $22 million in Series C funding led by Alpha Edison and the Company has also issued warrants to purchase stock in connection to the financing. The investment brings Neural Analytics’ total funding to approximately $66 million.Impact of Neurological DiseasesNeurological diseases such as stroke affects more than 795,000 people each year
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DocuTAP and Practice Velocity Merge to Form Experity
Urgent Care EMR Software & Billing Services | Experity
Warburg Pincus,
a leading global private equity firm focused on growth investing, has officially
merged DocuTAP and Practice
Velocity— the two leading providers in the on-demand healthcare and
urgent care space. Under the new brand name Experity, the company will deliver an
expanded suite of on-demand healthcare solutions to power the patient-centered
healthcare revolution.
Leadership
Appointments
Former
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Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers
Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs) has raised $13.4M in Series B funding round from investors Rock Health, Norwich Ventures, and Scientific Health Development.Impact of Diabetic Foot Ulcers for PatientsDiabetic foot ulcers are a major complication of diabetes and are one of the most devastating and costliest diabetes complications -they can lead to debilitating amputations that cost on average $100k. In
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Novant Health Forms Digital Health and Engagement Business Division
Novant Health launches digital health & engagement division to lead the strategy and implementation of omnichannel digital solutions and develop a comprehensive digital healthcare delivery platform. The mission of the new division will focus on creating a digital healthcare delivery platform that connects a person’s entire healthcare journey and delivers a personalized experience through a comprehensive virtual venue of care.Digital Health and Engagement Division LeadershipThe digital health
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Quorum Health Taps R1 RCM for End-to-End Revenue Cycle Management Across 26 Hospitals
Quorum Health Corporation, an operator of general acute care hospitals and outpatient services has selected R1 RCM to provide end-to-end revenue cycle management services across Quorum Health’s portfolio of hospitals and outpatient centers. After conducting a competitive vendor selection, Quorum Health selected R1 and anticipates going live in the second half of 2019.Benefits for Quorum HealthR1’s platform integration with existing infrastructure is expected to improve revenue cycle operations
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Harris Healthcare Group Acquires Clinical Communications Platform Uniphy Health
Harris Computer Systems ("Harris"), today announced it has acquired Uniphy Health, an enterprise clinical communication, and collaboration platform through its Healthcare group. The acquisition will help extend Harris’ suite of clinical solutions in the acute and post-acute care settings to offer new ways to improve care coordination, physician and patient engagement.Uniphy Health BackgroundFounded in 2013, Uniphy Health is a secure and HIPAA-compliant clinical communication platform built for
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LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform
LunaPBC, founder of LunaDNA, the first community-owned genomic and health data platform, has raised $4.6 million from ARCH Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures, and Osage University Partners. The latest round brings the company’s total funding to date to $7.6 million.
First Community-Owned Health & DNA Research Platform
Founded in 2017 on the belief that health data sharing and community ownership are the new philanthropy, LunaDNA is the first
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Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device
Velano Vascular, a San Francisco, CA-based vascular access technology innovator today announced that it has raised $10 million from strategic investor Intermountain Healthcare following the system’s rollout of the PIVO™ needle-free blood collection technology. The funding also included participation from Becton Dickinson’s former Chairman and CEO Edward Ludwig; notable entrepreneur, investor, and health sector philanthropist Marc Benioff; Baxter International’s former Chairman and CEO Robert
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