Israeli-based health tech and life sciences venture fund aMoon II has raised $600 million from investors and aims to raise up to $750 million by its close in February, Reuters reported. The fund's objective is to generate strong investment returns by partnering with promising mid-late-stage companies in Israel and in select other global centers of healthtech innovation.aMoon II Investment FocusFounded in 2018, aMoon II secured a $250 million investment commitment from Credit Suisse’s asset
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Fred Pennic
Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant. Fred is a seasoned health IT strategist with fourteen years of experience in providing advisory services to executive leadership at hospitals and health systems. Some of his previous clients include Mayo Clinic, Stanford Hospital and Health Clinics, Northwell Health, Trinity Health.
HealthStream Acquires Providigm for $18M in Cash to Drive Quality Outcomes
HealthStream, a provider of workforce and provider solutions for the healthcare industry, today announced that it has acquired Providigm LLC, a Denver-based company focused on quality assurance and performance improvement in healthcare, primarily serving skilled nursing facilities for approximately $18 million in cash. HealthStream adds to its workforce development solutions with a comprehensive quality management system created by Providigm, known as “abaqis,” which is the leading SaaS-based
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Halo Communications Launches Halo Patient Coordinator for Team-based Care Coordination
Halo Communications (formerly known as DocHalo), today announced the launch of Halo Patient Coordinator will give doctors and nurses the ability to focus mobile and collaborative care around individual patients by allowing teams to be created, managed and adjusted automatically — providing real-time updates, case-by-case EMR syncing, and much more.A product offering available within Halo’s Clinical Communication Platform, Halo Patient Coordinator allows patient care teams to be created, managed
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Vocera Launches Wearable Smartbadge to Redefine Healthcare Communication
Vocera Communications, Inc., a provider of clinical communication and workflow solutions has announced the launch of a new category of wearable communication devices that enables clinician agility and accelerates patient care. The Vocera Smartbadge combines smartphone usability with the hands-free freedom of the Vocera Badge to redefine healthcare communication.Based on two decades of customer feedback, the Smartbadge carves out a new category of wearable mobile communication devices and
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Providence Ventures Closes $150M Fund to Foster Healthcare Innovation
Providence Ventures, the Venture capital arm of Providence St. Joseph Health (PSJH) has announced a second $150 million healthcare venture capital and growth equity fund. Founded in 2014, Providence Ventures manages $300 million in venture capital funds on behalf of Providence St. Joseph Health (PSJH), the nation's third-largest health system. Providence Ventures Second Health Fund Focus AreasProvidence Venture's investment strategy is focused on identifying the best opportunities that align
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Philips Cares App Launches to Digitize the Aging and Caregiving Experience
Role reversal, complexity and cost put tremendous strain on families as they go through the challenges of aging. To help family caregivers be there for their loved ones, easing and enriching their aging journey, Philips launched Philips Cares app at CES. Whether caring for a loved one or for themselves, Philips Cares Aging & Caregiving service is a digital experience that enables people to easily form and activate a care circle of trusted family and friends, access meaningful insights into
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DispatchHealth Expand On-demand Urgent Care Nationwide with New Health Systems Partnerships
DispatchHealth, a company bringing on-demand urgent care directly to patients’ homes, today announced a nationwide expansion and partnerships with numerous healthcare companies. These partnerships and new markets include: Baystate Health in Springfield, Massachusetts; Texas Health Resources in Dallas, Texas; and MultiCare in Tacoma, Washington. With the expansion, DispatchHealth can deliver acute care to an additional 80,000 patients nationwide throughout 2019, saving an estimated $100 million
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Led by Philips, Prenatal App Babyscripts Nabs $6M to Support Holistic Care for Mothers
Babyscripts, Inc., a Washington D.C.-based virtual care platform for managing obstetrics, announced today that Philips has taken a minority position in the company by leading a $6 million round of financing. The round also included participation from investors StartUp Health and NueCura Partners.Founded in 2013, Babyscripts has spent the last four years building a clinically-validated, virtual care platform to allow OBGYNs to deliver a new model of prenatal care. Using Internet-connected devices
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Verato Raises $10M to Eliminate Duplicate Medical Records with Patient Matching Technology
Verato, a McLean, VA-based provider of cloud-based patient matching and master patient index (MPI) technology, today announced that it has raised $10 million in Series C financing led by existing investors Bessemer Venture Partners and Columbia Capital with participation from Blue Heron Capital and California Health Care Foundation. The company plans to use the latest round of funding to accelerate the adoption of Verato’s revolutionary new technology by all segments within healthcare –
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VRHealth Launches First Telehealth VR Medical Platform
VRHealth, a Boston and Israel-based digital health company providing specialized virtual reality (VR) technology solutions and data analysis, today announced the launch of the first telehealth-VR medical platform that includes apps specifically designed for consumers to use at home. VR Health is participating in AARP Innovation Labs. As part of the company’s collaboration with AARP, VRhealth has a residency in AARP Innovation Lab and is integrating core features of its product into the “Health
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