Now Healthcare Group, a UK-based telehealth provider has secured a £4 million ($5M USD) investment from leading health cash plan provider Medicash. The investment from Medicash will enable the NHG to further develop its artificial intelligence and machine learning offering through its mobile app products and its online pharmacy, enabling the faster development of auto diagnoses and medicine adherence solutions.Founded in 2015 by Lee Dentith, NHG provides digital healthcare services through its
Read More
Spry Health Lands $5.5M to Fund Commercialization of Clinical-Grade Wearable
Spry Health, a Palo Alto, CA-based provider of remote patient monitoring solutions has raised $5.5 million in Series A funding led by Grove Ventures with participation from the Stanford-StartX Fund. The company plans to use the round to fuel the commercialization of its clinical-grade wearable Loop that delivers continuous vital sign monitoring. Loop enhances timely care to chronically ill patients, with individualized analytics to improve patient outcomes, reduce hospitalization and decrease
Read More
SERMO Expands Social Network for Doctors Globally to Transform Medical Crowdsourcing
SERMO, a global social network for physicians has expanded its footprint globally to revolutionize medical crowdsourcing. SERMO is now open to physicians on all seven continents, delivering on its promise from day one to unite physicians from every corner of the globe, ensuring the free flow of expert information amongst physicians. Now available in more than 150 countries, physicians from both rural and urban areas, in developed and developing nations, can be exposed to the same expertise from
Read More
Digital Health Startup Incubated at Providence Lands $8.5M for Digital Prescription Platform
Xealth, a digital health startup incubated within Providence’s Digital Innovation program has raised $8.5 million in funding led by DFJ to launch its digital prescription platform. The funding also included participation from leading healthcare organizations including Providence, UPMC, Hennepin, and Froedtert.Xealth’s digital prescribing and analytics platform is already being used by two of the largest not-for-profit healthcare systems in the US—Seattle-based Providence and Pittsburgh-based
Read More
Figure 1 Lands $10M to Expand “Instagram for Doctors” App
Figure 1, a Toronto-based digital health startup known as the “Instagram of Doctors” app has raised $10 million in Series B funding led by Kensington Capital Partners. The round included participation from Samsung and insurance conglomerate John Hancock/Manulife, it included Hedgewood and WTI.Founded in 2012, Figure 1’s HIPAA-compliant app, health-care professionals can share high-quality medical images organized by anatomy and specialty including X-Rays, MRIs, CAT scans, ECGs, and EKGs for
Read More
PokitDok Acquires Pharmacy and Software Assets of Oration PBC
PokitDok, an API platform to free, secure, and unify data has acquired the pharmacy and software assets of Oration PBC. The acquisition enables PokitDok to complete support for delivery of essential commercial pharmacy benefit data, via its APIs, so organizations, providers and consumers have tools to make better healthcare and treatment decisions. Financial terms of the acquisition were not disclosed.To augment its existing pharmacy and clearinghouse services, this strategic purchase grants
Read More
Sutter Health Launches $20M Innovation Center to Foster Healthcare Transformation
A Silicon Valley couple has donated to $20 million to Sutter Health to establish an innovation center focused on human-centered care. The Michael and Judith Gaulke Innovation Hatchery Endowment Fund at Sutter Health will serve as an incubator identifying innovative solutions to healthcare challenges, validating their effectiveness in real-world provider settings and integrating them into patient care as quickly and safely as possible. Sutter's Innovation Hatchery will validate innovative ideas
Read More
eClinicalWorks Adds TeleVisits Functionality to EHR-Integrated App Healow
eClinicalWorks’ TeleVisits is now live on the company’s healow mobile app. This feature is integrated within the eClinicalWorks comprehensive EHR system and supports workflow, clinical research and improves patient satisfaction with access to care whenever and wherever it’s needed.Available on Android or Apple, healow is a fully integrated solution that closes the loop between providers and their patients when they are away from their physician offices. healow Hub brings patient-recorded data
Read More
Black Book: Population Health Solutions Will Double As Next-Gen Accounting Systems in the Future
90% of healthcare leaders revealed that future population health solutions will essentially double as next-generation accounting system, according to a recent Black Book survey. Ideally, these PHM solutions will be able to identify a plethora of patient groups and predict where, when and how to best engage them. In addition, they should have the ability to coordinate care across the entire healthcare continuum, support care team collaboration and measure the activities, outcomes and overall
Read More
Private Equity Firm GTCR Acquires Active Aging Provider GreatCall
Private equity firm GTCR has acquired GreatCall, a San Diego-based provider of active aging & independent living solutions, health apps, cell phones for seniors & medical alert devices. Financial terms of the acquisition were not disclosed and the transaction is expected to close in the third quarter of 2017.As part of the acquisition, GTCR will partner with CEO David Inns and the GreatCall management team as they continue to grow and develop the Company's technology and services
Read More
