biotricity, a Redwood City, CA-based healthcare technology company has received a 510(k) clearance from the U.S. Food and Drug Administration (FDA) for a key component of its remote cardiac monitoring software and device, bioflux. Available only by subscription, bioflux will monitor a patient’s heart rhythm and send data in real-time to a 24-hour monitoring lab. If a patient is in cardiac distress, an alert will be sent to the monitoring center, which will in turn contact the patient to offer
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Healthcare IT VC Funding Tops $1.25B in Q3 2016: 10 Trends to Know
Healthcare IT VC funding topped $1.25 billion in 177 deals in Q3 2016 compared to $1.6 billion in 140 deals in Q2 2016, according to the latest report from Mercom Capital Group. The report, Q3 2016 Healthcare IT / Digital Health Funding and M&A Report reveals that overall funding is on pace to eclipse 2015’s total and the trend from last quarter continued as there was again increased funding activity in Healthcare IT outside of the United States, especially in China. Here are ten key trends
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Mount Sinai Taps CloudMedx to Use Predictive Analytics for CHF Patients
Mount Sinai Hospital and CloudMedx, today announced a collaborate on congestive heart failure to improve workflows and patients care management. As part of the collaboration, Mount Sinai will leverage intelligent predictive insights from CloudMedx in order to identify patients who are at higher risk of CHF and use evidence based care interventions to improve their outcomes such as reduced readmissions and overall well-being.Mount Sinai wanted to combine evidence based digital medicine technology
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Contessa Health Lands $7M for Evidence-Based Clinical Model
Contessa Health, Inc., a Nashville, TN-based provider of episodic risk arrangements and home hospitalization programs has $7 million in funding led by Noro-Moseley Partners. The round also included participation from existing investors BlueCross BlueShield Venture Partners, Martin Ventures and Sandbox Advantage Fund, as well as new investors, Nashville Capital Network and the Marshfield Clinic Health System. The startup plans to utilize the latest funding round to scale its operations to expand
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PierianDx Acquires Tute Genomics for Integrated Personalized Medicine
PierianDx, a provider of clinical genomic analysis, interpretation and reporting has acquired Provo, UT-based Tute Genomics. For PierianDx, the acquisition of Tute Genomics’ leading constitutional and exome testing capabilities will provide a single clinical platform for best in class clinical workflow support of somatic cancer and constitutional testing. Financial details of the acquisition were not disclosed.The transaction includes incorporating Tute leadership, advisors and developers into
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Highmark to Offer Welltok’s CaféWell Rewards Platform for Medicare Plans
Highmark, the fourth largest Blue Cross and Blue Shield-affiliated company has partnered with Welltok to reward Highmark’s Medicare Advantage Passport program members for healthy actions through Welltok’s CaféWell Rewards platform. By creating a single destination where seniors can access information related to their health and well-being, the collaboration aims to close gaps in care and advance population health efforts. With Welltok’s CaféWell Rewards, Highmark is now rewarding healthy
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HealthTap Provides Free Access to Doctor Consultations for Hurricane Matthew Victims
HealthTap, the world’s first Global Health Practice providing 24/7 immediate access to doctors via video, text or voice has extended its free assistance to the victims of Hurricane Matthew from the United States to Haiti and other countries impacted by the storm. Natural disasters, including severe hurricanes like Matthew, often prevent people from accessing care, and healthcare resources are often overstretched or otherwise unavailable during such events. In response to Hurricane Matthew,
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Kindly Care, the Uber for Caregivers, Launches With $3.1M in Funding
Digital health startup Kindly Care has officially launched today with $3.1 million in seed funding to expand its self-service care management platform, which provides private employers with the tools and services that are typically reserved for agencies and hospitals. The funding was led by MHS Capital, with participation from Floodgate and Jackson Square Ventures. Kindly Care will use the funds to grow its unique suite of tools and services that empower families to be more in charge of the
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5 Trends Influencing Healthcare Supply Chain Innovation
In today’s fast-changing, demanding healthcare environment, the healthcare supply chain continues to advance as the strategic asset to help lower costs and improve patient outcomes. As part of the Association for Healthcare Resource & Materials Management’s (AHRMM) annual “National Healthcare Supply Chain Week,” October 2-8, 2016, Global Healthcare Exchange, LLC (GHX), a provider of cloud-based healthcare supply chain management solutions, revealed five key drivers of ongoing supply chain
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UPMC Makes Strategic Investment in Predictive Analytics Startup RxAnte
UPMC Enterprises, the commercialization arm of University of Pittsburgh Medical Center has acquired all of Millennium Health’s interest in predictive analytics startup RxAnte. Financial terms of the deal were not disclosed. As part of the deal, RxAnte will continue to operate as an independent company led by its existing management team. Founded in 2011, RxAnte’s technology and clinical services enable its clients to improve clinical care quality and avoid unnecessary costs. UPMC Enterprises
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