Cloud based, specialty-specific EMR provider, Modernizing Medicine announced that it has closed $38 million in Series E funding led by Pentland Group and funds affiliated with Summit Partners and Sands Capital Ventures. Many of the company’s investors are medical specialists who use EMA bringing its total funding to $87M.
The EMR provider currently serving eight different medical specialties, more than 9,000 providers have adopted Modernizing Medicine’s EMA in their practices. Available as
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Fitbit Wearables Becomes HIPAA-Compliant, Target to Offer Fitbits to Employees
This week, Fitbit, Inc. announced that it now supports HIPAA compliance, enabling Fitbit Wellness to more effectively integrate with HIPAA-covered entities, including corporate wellness partners, health plans and self-insured employers.The added HIPAA compliance is a big step for Fitbit Wellness, the company’s business-to-business offering that provides turnkey software and services to help organizations drive engaging, effective and motivating wellness programs. These benefits include:
- The
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Kyruus Raises $25M To Redefine How Patients Get Matched to Providers
Kyruus, a SaaS-based referral coordination platform that helps hospitals optimize patient access and referral management, has raised $25 million in funding to accelerate adoption of its ProviderMatch technology. The funding round was led by New Leaf Venture Partners, with participation from Providence Health & Services, Leerink Capital Partners, andMcKesson Ventures. They were also joined by existing investors Venrock, Highland Capital Partners, Lux Capital, and Fidelity
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Report: 5 Ways to Create A Culture of Innovation in Healthcare
Is healthcare innovation broken? According to a recent global survey of seniors executives conducted by PA Consulting Group, much of the healthcare industry's problem with innovation comes down to internal, structural resistance to change. Despite these obstacles, the healthcare leaders assert there is no shortage of good ideas in their organizations.
Barriers/Challenges to Healthcare Innovation
Healthcare senior executives identified the following four biggest challenges to healthcare
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Healthcare M&A: 5 Step Guide to Thinking Like A Successful Portfolio Manager
Healthcare M&A in the US reached $241B by May 2015, the highest year-to-date volume ever recorded. Healthcare providers are making these acquisitions to gain economies of scale; shift from volume-based to value-based care; address local market characteristics to remain competitive; better appeal to consumer wants and needs; and expand their digital health and ehealth capabilities, according to a new report from Accenture.
While this new wave of M&A growth expands a set of strategic
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American Well vs Teladoc Telehealth Trademark Battle Leaning Teladoc’s Way
This week, the U.S. Patent & Trademark Office (PTO) has agreed to move forward with Teladoc’s case to invalidate a patent held by rival American Well Corporation. The PTO’s order to proceed with the case, issued September 14, noted that Teladoc has a “likelihood” of prevailing.
“As the pioneer and leader in telehealth, Teladoc has the responsibility to protect consumers’ access to health innovations like telehealth,” said Jason Gorevic, chief executive officer of Teladoc in an official
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Omada Health Raises $48M to Help Employers, Health Plans Tackle Chronic Disease
Omada Health, the Andreessen Horowitz-backed digital health company that helps employers and health plans avoid getting diabetes, heart disease, and other chronic conditions, announced today that it has raised $48 million in Series C funding. The round was led by Norwest Venture Partners, including strategic investment from two Omada customers – Humana, Inc. and Providence Health & Services, as well as prior investors US Venture Partners, Andreessen Horowitz, Rock Health and new investors
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Novu Launches mHealth COPD Clinical Trial, Partners with Mayo Clinic, MHS
Novu, a consumer health engagement platform today announced it has been tapped by Minnesota HealthSolutions Corporation (MHS) to partner on a mobile health COPD clinical trial program designed to motivate and monitor people with chronic obstructive pulmonary disease (COPD). Many of the millions of people affected by COPD are not able to participate in pulmonary rehabilitation (PR) in a clinical setting, and the program, delivered through the Novu platform, will enable them to complete home
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Doctor Search Portal Practo Acquires Insta Health For $12M
After raising $90 million in Series C funding in August, India-based physician search portal Practo has acquired cloud-based hospital information management company Insta Health for $12 million (Rs 80 crore) in a cash and equity deal. Founded in 2008, Insta Health provides hospital information systems and EMR solutions to hospitals across South East Asia, Middle East, India, and Africa. The Insta Health acquisition marks the company's third acquisition in less than six months. The acquisition
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HIMSS: 3 Health IT Policy Recommendations to Congress
The Healthcare Information and Management Systems Society (HIMSS) has released their annual top health IT policy recommendations to Congress. Under the guidance of the Public Policy Committee, HIMSS staff works closely with key congressional decision-makers, committees, and caucuses to advance improvements in the quality, safety and efficiency of healthcare through the use of IT and management systems.
Here are their top three health IT policy recommendations to Congress:
1. Support
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