Medtronic, a medical technology provider has entered into a new outcomes-based, risk-sharing agreement with Aetna for type 1 and type 2 diabetes patients currently on multiple daily insulin injections for their diabetes management. The agreement will measure health outcomes for a patient with diabetes who transition to Medtronic’s insulin pump therapy that constantly self-adjusts to keep patients’ blood sugar levels in range based on their personalized needs.This outcomes-based, risk-sharing
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KLAS Report: TeleTracking, Epic Takes Lead in Patient Flow Performance
A recent KLAS report reveals that TeleTracking and Epic are market leaders in managing the patient flow of patients. Managing the flow of patients in an acute care setting is one of the more complicated challenges confronting providers today. Providers who were interviewed by KLAS reveal that TeleTracking leads every vendor in overall satisfaction of the operational and clinical staff, who rely most heavily on patient flow functionality.Providers who have compared the solutions report that
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6 Medication Reconciliation Challenges for Hospital Executives to Watch
A new survey released today reveals that hospitals need true partnerships with their technology providers to successfully close any gaps around driving improved medication reconciliation and patient safety. The survey of hospital CIOs, CMIOs, Directors of Informatics and other hospital administrators, conducted by the College of Healthcare Information Management Executives (CHIME) Foundation on behalf of DrFirst identifies key medication reconciliation challenges faced by hospitals
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CirrusMD Lands $7M to Expand Text-First Virtual Care Model
CirrusMD, a Denver, CO-based telehealth startup has raised $7M in Series A funding led by Colorado Impact Fund. The round also included participation from Bootstrap Incubation, Three Leaf Ventures, Rockies Venture Fund, Service Provider Capital, Sand Hill Angels, and New York Angels. The telehealth startup works with large health systems, integrated delivery networks, and health plans, particularly those focused on value-based care models. CirrusMD plans to utilize the funding to expand its
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Biotricity Awarded Ethics Approval to Validate Mobile Wireless Fetal Monitoring
Biotricity, Inc., a provider of biometric remote monitoring solutions has been awarded ethics approval to conduct a study that will investigate and validate a mobile wireless fetal heart rate variability (HRV) monitor. Conducted at Rockyview General Hospital, the findings of the study will be used to build on the research of Biotricity’s flagship product Bioflux which is currently awaiting final FDA clearance and will be the second major app for the clinical-grade remote patient monitoring
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UK Telehealth Startup Now Healthcare Group Lands £4M to Develop Artificial Intelligence Solutions
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
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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
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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
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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
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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
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