1DROP, a life sciences startup developing and commercializing an easy to use laboratory quality, portable medical diagnostic testing platform has raised $4.25 million in Series A funding led by led by Christian Wildmoser (former partner CVC Capital Partners & Swiss Startup Group Investor). The round also included participation from private investors of the Swiss Startup Group including Dr. Hans-Peter Strebel (owner of On Your Marks), Beat Schillig (IFJ Institute for Young Entrepreneurs) and
Read More
Rhapsody Spins Off as Separate Company from Orion Health, Appoints New CEO
Rhapsody, a health IT interoperability platforms for healthcare organizations for almost 20 years, today announced that it has completed its spin-off from Orion Health in accordance with its acquisition by Hg, a specialist technology investor with deep global healthcare expertise and is now an independent company.Independent Company Under New LeadershipRhapsody has appointed healthcare business veteran Erkan Akyuz as the new Chief Executive Officer (CEO) to lead the company’s future growth. The
Read More
98point6 Lands $50M to Expand On-Demand Text-Based Primary Care App
98point6, a Seatle-based digital health startup focused on reimaging primary care today announced it has raised $50 million in Series C funding led by Merchant Banking Division of Goldman Sachs and existing investors. Founded in 2015, the on-demand primary care platform combines innovative AI technology with board-certified physicians to deliver affordable and high-quality care right to a patient’s smartphone.The funding will enable 98point6 to scale and fulfill the strong commercial demand of
Read More
Shore Group Pumps $6M in Healthcare AI Data Startup H1 to Accelerate Growth
H1, an NYC-based healthcare AI startup arming healthcare organizations with live data insights to help fight diseases, announced today that Shore Group has invested $6M to accelerate H1’s growth. H1 empowers stakeholders at healthcare and life science companies to make smarter scientific decisions by providing access to critical data through an intuitive interface.Healthcare Data AnalysisH1 has built a technology infrastructure grounded in machine intelligence that enables it to quickly find
Read More
Carrot Nabs $25M to Commercialize Smoking Cessation Digital Health Platform
Carrot Inc., a Redwood City, CA-based digital health startup has raised $25 million in funding led by JJDC to commercialize its smoking cessation digital health platform, Pivot. The round also included participation from New York Life Ventures and existing investors Khosla Ventures, Marc Benioff, Carrot founder David S. Utley, M.D., and R7 Partners.Financial Impact of Smoking for EmployersSmokers cost their employers more than $7,000 annually, per person, in excess healthcare and lost
Read More
Boston Health IT Startup Laudio Launches to Solve Health System Staff Burnout
Boston-based health IT entrepreneurs have teamed up to launch Laudio, a healthcare staff relationship platform designed to solve health system staff burnout. Laudio uses artificial intelligence to predict and prevent staff burnout, through more frequent, timely, and relevant manager interactions. This new software-as-a-service solution reduces turnover rates, which saves even a medium-sized acute care facility millions of dollars on annual replacement costs.Founded by a team led by Russ
Read More
LSU Health New Orleans Joins Vantedge Ventures to Support Physician-Led Innovation
LSU Health New Orleans announced that it has joined Vantedge Venture's Innovation Alliance (VIA), a collective of health systems seeking to innovate and create physician-led innovation developed by their network of clinicians and physicians. The Alliance will help LSU Health New Orleans Office of Technology Management vet and validate the commercial viability of inventions of LSU Health New Orleans clinical physician-scientists. As part of the alliance, Vantedge Ventures Fund will work with
Read More
AI in Healthcare, VR/Mixed Reality, Robotic Surgery Among Top 10 Medical Innovations for 2019
This week, Cleveland Clinic unveiled their annual Top 10 Medical Innovations of 2019 selected by a panel of Cleveland Clinic physicians and scientists, led by Michael Roizen, M.D., Chief Wellness Officer at Cleveland Clinic.Ranked by anticipated importance, here are the Top 10 Medical Innovations of 2019: 1. Alternative Therapy for Pain: Fighting the Opioid CrisisPharmacogenomic testing, which uses a patient’s genetic makeup to predict an individual’s metabolism of drugs, including some
Read More
eClinicalWorks Develops Opioid Risk Tool to Assess A Patient’s Risk for Opioid Misuse
Health IT provider eClinicalWorks, announced this week the launch of their new Opioid Risk Tool (ORT), a smart form to assess and address a patient’s risk for opioid misuse and to improve physician adherence to treatment protocols. According to the CDC, more than 11.5 million Americans, aged 12 or older, reported misusing prescription opioids in 2016.eClinicalWorks believes it shares a joint responsibility with its customers toward bringing solutions to patients to combat the opioid epidemic. By
Read More
Eko and Mayo Clinic Collaborate on Machine Learning Algorithm to Help Physicians Fight Heart Disease
Eko and Mayo Clinic collaborate on a machine learning-based algorithm to help physicians better screen for potentially dangerous heart diseases. Eko, creators of a heart and lung monitoring platform that combines non-invasive cardiac sensors with machine learning, has announced a collaboration with Mayo Clinic to develop and commercialize a machine learning-based algorithm that screens patients for the presence of a low ejection fraction – a weak heart pump. The collaborative effort combines
Read More
