San Diego, CA-based Pathway Genomics, a clinical laboratory facilitating precision medicine through genetic testing and mobile healthcare applications has raised over $40 million in Series E funding. This brings the total investment into Pathway Genomics to over $130 million. Investors in this round of funding include IBM Watson, Pathway's partner in the development of a mobile health application using artificial intelligence to provide personalized health and wellness guidance. The capital will
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Jared Kesselheim Joins Leerink Capital Partners to Lead Health Tech Investments
Leerink Capital Partners, a leading healthcare investment bank, announced that Jared Kesselheim joined the firm as a Managing Partner on January 1, 2016. Based in Boston, Dr. Kesselheim is co-managing Leerink Capital Partners’ healthcare technology and services and digital healthcare investment initiative. Kesselheim joins Todd Cozzens who recently came to Leerink Capital Partners from Sequoia Capital to lead LEERINK’s healthcare growth equity effort.
Dr. Kesselheim brings to LEERINK over
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Mayo Clinic Unloads Data Center to Epic for $46M
Nearly a year after selecting Epic for its single, integrated EHR and revenue cycle management (RCM) system, Mayo Clinic is selling its 62,000 square-foot data center located in Rochester, MN to Epic for $46M in a sale-leaseback deal, Finance & Commerce reports.
Leaseback, short for 'sale-and-leaseback,' is a financial transaction, where one sells an asset and leases it back for the long-term; therefore, one continues to be able to use the asset but no longer owns it. As part of the
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53% of Consumers Can’t Access Their Electronic Health Data
74% of consumers say easy electronic access to health data would improve their knowledge of their health and improve communication with their physicians, according to a recent survey. The October/November 2015 HealthMine survey of 502 U.S. consumers reveals 53% of consumers cannot access all of their health data from a computer. With higher deductibles and rising healthcare costs, Americans rolling into their 2016 health plans will assume more responsibility for both the cost and control of
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drchrono Launches First Fully Featured iPhone EHR
drchrono, the mobile EHR on iPhone, iPad, Apple Watch and web for physicians and their patients, today announced the launch of its fully featured and clinical documentation iPhone EHR.
Before today, drchrono only allowed a physician to take all of their paper medical forms and put them onto iPad and web, to do rounds and document patient information. With full clinical documentation, a physician can now literally see patients with an iPhone and do his/her rounds.
Key features of the
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Chiron Health Nabs $2.3M to Get Physicians Fully Reimbursed for Telehealth Visits
Telemedicine software and reimbursement services provider Chiron Health has $2.3 million in seed funding to bring a robust set of telemedicine tools to physician practices. Chiron Health is the only platform designed to get physician practices fully reimbursed for secure video visits covering both Medicare and Medicaid as well as private payers. Through their extensive knowledge of telemedicine regulation and reimbursement, the company guides practices through the complexities of telemedicine.
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BlueLight Launches Apple Watch App for Emergency Response
Safety toolkit for the digital age provider BlueLight has launched a new Apple Watch app for 911 emergency response that allows users to contact emergency services and share their location with contacts in seconds.
70% of 911 Calls Comes from Mobile Phones
Today, more than 70% of 911 calls come from mobile phones, but according to USA Today, 911 may have as low as a 10% chance of getting a fix on caller location ranges. Between the margin of error and the high possibility of routing the call
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Report: Hospitals Not Effectively Integrating Workflows Across Departments
The healthcare industry has traditionally lagged behind other industries in technology adoption, but regulatory guidelines have prompted a wave of change. This week, Ricoh announced new research it commissioned from IDC Health Insights, which highlights the current technology needs of hospitals and how technology upgrades can help hospitals achieve meaningful use and accountable care benefits. The study reveals 83% of hospitals reporting opportunities to integrate workflows across departments,
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Google’s Verily Wants to Develop Surgical Robots
Verily Life Sciences, which was formerly known as Google Life Sciences announced on Thursday announced a strategic collaboration between Ethicon, a Johnson & Johnson medical devices company to form a surgical solutions company called Verb Surgical Inc. The new company aims to develop a comprehensive surgical robotics-assisted platform that will incorporate leading-edge robotic capabilities and best-in-class medical device technology for operating room professionals
Supported by
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Health Tech Incubator MATTER Adds 20 New HIT Startups
Chicago based health tech incubator MATTER has added twenty more startups to its membership bringing its total to 115 companies. Since its inception, MATTER has now more than doubled its number of companies since it launched, connecting entrepreneurs, scientists, physicians, investors in the health IT space.
The incubator recently launch the AMA Interaction Studio at MATTER designed to facilitate connections between entrepreneurs and physicians. The studio will allow entrepreneurs to
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