XRHealth, formerly known as VRHealth is the leader in extended reality and therapeutic applications, announced today that they are partnering with Healing Healthcare Systems, Inc. to provide virtual reality (VR) relaxation videos to over 1,000 hospitals throughout the nation. XRHealth offers medical facilities their flagship product, the VRHealth Platform which includes a variety of VR medical apps: cognitive assessment and training apps, motor function apps, pain management apps, and behavioral
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CareDx Acquires OTTR for $16M to Enable EMR Integrations at Transplant Centers
CareDx, Inc., a molecular diagnostics company focused on the discovery, development, and commercialization of clinically differentiated, high-value diagnostic solutions for transplant patients has agreed to acquire OTTR Complete Transplant Management (“OTTR”), a provider of organ transplant patient tracking software.Financial DetailsCareDx will pay approximately $16M to acquire OTTR and intends to fund the transaction with cash on hand. For the full year 2019, OTTR’s revenue is projected to be
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Verisk, Human API Partner to Transform Life Insurance Underwriting and Portfolio Tools
Verisk, a leading data analytics provider, and Human API, a health data network, announced plans to work together on Verisk`s new InsurTech tools. Leveraging electronic health record (EHR) data collected by Human API, Verisk`s solutions will help revolutionize how life insurers underwrite coverage and manage in-force portfolios.Verisk/Human API Partnership DetailsAs part of the effort, Verisk will analyze EHR data obtained by Human API and produce risk scoring and benchmarking information for
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Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network
mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Massachusetts Launches Digital Health ‘Sandbox’ Program for Startups
On Wednesday, Massachusetts Governor Charlie Baker joined members of the Massachusetts Digital Health Council to announce a new program to drive the growth of innovative startups in the state, helping them access unique R&D facilities in the state. The announcement was made at Worcester Polytechnic Institute’s PracticePoint research, development and commercialization alliance, the first R&D ‘sandbox’ selected to host startups as part of the program. That facility was the recipient of a
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ATA 2019 Show Report – Don’t Be Fooled by First Impressions
2019 will be a big year for telehealth, but for those attending ATA 2019 in New Orleans last week, it may not have seemed so on the surface. Particularly given that attendee numbers peaked several years ago and one-or-two high-profile regulars, such as Philips and Vidyo, were also missing from the exhibition floor this year.With telehealth enjoying center-stage coverage at HIMSS (only two months ago) and being a key theme at consumer electronics/telecoms shows such as CES and MWC, the annual ATA
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Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health
Meru Health, a Y Combinator company currently participating in the Texas Medical Center TMCx Accelerator in Houston has raised $4.2 million in seed funding from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures, and IT-Farm. The seed funding will be used to advance its mobile phone-based digital clinic for depression and anxiety and support additional clinical validation. Peer-reviewed data of this intervention found a significant reduction in depression symptoms as well as close
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Wolters Kluwer Harnesses AI to Bridge Data in EHRs to Speed Accuracy of HAIs
With healthcare M&A at an all-time high, many hospitals and health systems are feeling interoperability pains following mergers. Wolters Kluwer is now harnessing AI to bridge data in electronic health records (EHRs) and disparate systems, such as lab results, to improve how organizations identify and report hospital-acquired infections.Real World Data Integration Challenges for ProvidersIntegrating data from disparate EHRs across health systems continues to be a largely manual process. But
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Plum Healthcare, Netsmart Partner to Develop Integrated Care Solutions for Senior Living
Plum Healthcare Group, a skilled nursing provider has inked a 10-year strategic partnership with health IT company Netsmart to develop integrated care solutions to enhance care delivery for senior living. This joint innovation-based partnership between a technology partner and a senior living provider will be a key component to support Plum as it expands into new service lines and offerings across more than 50 facilities throughout California and Nevada.Plum Healthcare/Netsmart Partnership
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CMS Primary Cares Initiative With 2 New Payment Models Launches
On Monday, CMS Secretary Alex M. Azar II announced the launch of CMS Primary Cares—an initiative with two sets of new payment models that will enroll a quarter or more of traditional Medicare beneficiaries and a quarter of providers in arrangements that pay for keeping patients healthy, rather than ordering procedures.New Primary Care Payment Models1. The Primary Care First path will allow smaller primary care practices to be paid a simple, flat stream of revenue for each patient. When a patient
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