India-based startup MedGenome, a developer of genomic diagnostics in India and a leading provider of genomics research services globally, announced it has received a $20 million investment from Sequoia Capital in a Series B funding round. With this funding, MedGenome will further invest in building its cutting-edge bioinformatics infrastructure, enhance its sequencing facilities in India and the US, and expand its research and scientific teams.
MedGonome Overview
MedGenome operates the
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Global mHealth Services Market to Reach $23B by 2020
The global mHealth services market is estimated to grow at a CAGR of 23.9% between 2014 and 2020, to reach an estimated value of US$23.39 billion by 2020, according to new market research publication from U.S.-based Transparency Market Research. The report, titled 'mHealth Services (Prevention, Monitoring, Diagnostic, Treatment, Information and reference, Wellness, and Healthcare strengthening services) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020',
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Medidata, Validic Partner to Transform Clinical Trials Using Patient-Generated Data
Medidata, a global provider of cloud-based solutions for clinical research in life sciences, and Validic, the healthcare industry's leading digital health platform, today announced a partnership to propel connectivity and innovation in clinical research by expanding access to patient-generated data from a broad range of consumer and medical grade mobile health (mHealth) devices and apps.
Medidata, Validic Integration Details
By integrating Validic’s digital health platform with the
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Rite Aid, HealthSpot Debut First Network of Telehealth Stations in Ohio
Rite Aid, one of the nation's largest drugstore chains, announced today the opening of HealthSpot's enclosed telemedicine stations inside 25 Rite Aid pharmacies in Ohio. Through the HealthSpot telehealth station, customers will be able conveniently access a variety of quality healthcare services including pediatric care. The HealthSpot telehealth stations are located inside select Rite Aid pharmacies in Akron/Canton, Cleveland and Dayton/Springfield.
HealthSpot Station Overview
Through
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Welkin Health, Humana Partner on New Telephonic Diabetes Program
Welkin Health, a San Francisco-based digital health company that helps healthcare organizations provide care to patients with chronic illness has inked a partnership with Humana on a new telephonic diabetes outreach program for the elderly. Welkin Health’s platform supports care organizations that emphasize care coordination as a critical element of quality improvement and cost reduction. Healthcare organizations can now enable members of the care team to seamlessly manage daily outreach to
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Blueprint Health Launches Its 8th Class of Digital Health Startups
Blueprint Health, a NYC based mentor-focused health technology accelerator has revealed its Summer 2015 Accelerator class (eight class) of eight digital health startups to its portfolio. Blueprint is a member of TechStars’ Global Accelerator Network. Today’s addition of eight companies brings the accelerator’s total to 68 digital health with more than 140 entrepreneurs in Blueprint’s alumni community.
To date, 87% of Blueprint’s companies are still in operation and 85% of those companies are
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National Billing Center, SyTrue Partner to Automate Medical Billing
SyTrue, Inc., a healthcare data-refinement company, that specializes in natural language processing (NLP) solutions to translate unstructured clinical data into actionable clinical information, announced today, a partnership with National Billing Center, who provides cloud-based automation services for hospital billing.
National Billing Center (NBC) is leveraging a component of SyTrue’s proprietary smart data platform for the company’s hospital Coding Automation Tool (CAT). The technology
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DreamIt Health Philadelphia Unveils Its Latest Class of Startups
Philadelphia-based healthcare technology incubator Dreamit Health has announced its third class of health tech startups. The selected startup teams will participate in a 16-week boot camp from from July to October 2015 to rapidly achieve key business milestones in building high-growth potential companies.
In exchange for 8% in equity, each team will receive:
– $50,000 in seed capital, plus up to $250K in follow-on funding from DreamIt Ventures.
– coaching/mentorship from successful tech
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PillPack Launches Medication Reminders App for iPhone, Apple Watch
Full service pharmacy provider PillPack has launched its PillPack - Medication Reminders mobile app for iPhone and Apple Watch to eliminate the frustration of remembering to take medication. The app is the first mhealth app of its kind to auto-import a customer's current medication list regardless of which pharmacy they currently use, and use geo-tracking sensors to create custom reminders based on location, activity or time to more naturally fit with people's daily routine.
According to
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Low Cost Blood Test Provider Theranos Inks Deal with Capital BlueCross
Theranos, a digital health startup that develops novel approaches for laboratory diagnostic tests using blood has inked a long-term partnership with Capital BlueCross – Central Pennsylvania’s largest health insurer. The partnership will showcase the impact of Theranos’ services around lowering the cost of care in areas where costs for medical diagnostic testing are high due to the lack of availability of health care resources in Central Pennsylvania.
Theranos, which received clearance of
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