Digital health funding reached a new record of $3.4 billion across 193 deals in the first half of 2018, according to Rock Health, a full-service venture fund dedicated to digital health.The 2018 Midyear Funding Review reveals a maturing market with an increasing number of digital health companies are hitting key validation milestones, creating a stable funding environment based on proven outcomes;investors are taking notice and rewarding companies with larger deals. The average deal size
Read More
UMMC Selects Kyruus’ ProviderMatch for Access Centers to Improve Call Center Operations
Kyruus, a patient-provider matching health IT company, announced that the University of Mississippi Medical Center (UMMC) has selected the company’s ProviderMatch for Access Centers solution to improve call center operations and enhance patient access to UMMC’s network of 800+ providers in 170 locations across the state of Mississippi.ProviderMatch for Access Centers will make it easier for call center agents to identify the right provider for patients’ needs, enabling more precise
Read More
Duke Health to Integrate Glytecc’s Insulin Management with Epic EMR
Duke University Health System has selected Glytec’s eGlycemic Management System to elevate the quality and safety of care for patients with diabetes and others who require insulin therapy. With national statistics indicating that one of every three hospitalized patients requires insulin therapy during their stay, administering the right dose at the right time in accordance with best practices is integral to safe, effective care and speedy recovery. By implementing Glytec’s FDA-cleared eGlycemic
Read More
Banner Health Partners with Lyft to Offer Ride Sharing for Patients Across Health System
Lyft Business, today announced a partnership with Banner Health, one of the largest nonprofit health systems in the country to offer ride sharing for patients. Patients at Banner Health’s 28 hospitals, 46 urgent care sites and hundreds of centers, clinics and specialty care locations, will now be able to use Lyft to easily get to and from important medical appointments. In addition, Lyft and Banner will work toward creating innovative programs that could help increase access to health
Read More
Konica Minolta Launches Portable Ultrasound for Optimized Clinical Workflow
, interventional guidance and outpatient centers. SONIMAGE MX1 delivers the power, ease-of-use and portability that physicians need to make a confident and efficient diagnosis at the point-of-care. Designed for MSK, anesthesia and pain management exams, the new ultrasound system provides high-resolution image quality and simplified workflow with an intuitive touchscreen interface. Developed with the MSK practitioner in mind to shorten the system learning curve, the easy-to-use MX1 System
Read More
Cedar Raises $36M for Modern Patient Financial Management Platform
Cedar, the patient financial management platform for hospitals, health systems and independent medical groups, today announced a Series B fundraising round of $36 million, led by the global investment company Kinnevik. Participants in the round include existing investors Founders Fund and Thrive Capital, as well as Lakestar, Sound Ventures, Kevin Systrom of Instagram and Nat Turner of Flatiron Health. Cedar plans to use the funding to further invest in the next generation of its innovative
Read More
HSBlox Unveils Healthcare Blockchain Referral Management Solution
HSBlox, a technology company that is bringing innovation and transparent economics to the healthcare ecosystem, today announced the launch of its Advanced Referral Manager (ARM) solution, which utilizes blockchain technology to automate the referral administration process, resulting in decreased network leakage, time and money savings for payers and providers, and enhanced patient care.Current market challenges reveal high costs and manual processes associated with referral administration,
Read More
Allscripts Taps MedAware to Eliminate Prescription-based Medication Errors
MedAware has been selected by Allscripts patient safety and save lives. This is significant as new interoperability challenges arise created by an all-digital healthcare system. In the US alone, 1.5 million prescription errors per year result in injury or death. Nearly every organization has an EHR and physicians are being bombarded by huge stores of patient data. Allscripts has selected MedAware as its partner to put this data to work – to achieve meaningful interoperability and improve care
Read More
Roche Acquires Rest of Foundational Medicine for $2.4B to Enhance Precision Medicine
Roche, today announced it has acquire all of the outstanding shares in Foundation Medicine that is not already owned by Roche and its affiliates for $2.4B, representing $137 per share. Together, the companies will leverage expertise in genomics and molecular information to enhance the development of perdsonalized medicines and care for patients with cancer.Foundation Medicine, based in Cambridge, Massachusetts, is a market leading molecular information company dedicated to a transformation in
Read More
Qardio Integrates Remote Monitoring Solution with Greenway Health EHR Solution
Qardio, today announced it has remote monitoring platform, QardioMD is integrated with Greenway Health’s electronic health record (EHR) and practice management solutions. QardioMD platform offers Qardio’s medical grade products and remote monitoring solutions to doctors, to help manage their patients’ health more efficiently while making billing for such care easier. The QardioMD remote monitoring solution is available to Greenway Health doctors via Greenway Marketplace at
Read More
