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Staff Writer | HIT Consultant

Under Armour to Develop IBM Watson Powered Health & Fitness App

by HITC Staff 01/07/2016 1 Comment

Under Armour IBM Watson

Under Armour and IBM are teaming up to create and provide meaningful data-backed health and fitness insights, powered by IBM Watson's cognitive computing technology. Under Armour's new UA Record™ combined with a Cognitive Coaching System will serve as a personal health consultant, fitness trainer and assistant by providing athletes with timely, evidence-based coaching around your sleep, fitness, activity and nutrition, including outcomes achieved based on others "like you." As envisioned, a
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Flatiron Health Raises $175M for Oncology Cloud Software

by HITC Staff 01/07/2016 Leave a Comment

Flatiron Health

Cloud-based oncology software provider Flatiron Health has raised $175M in Series C funding led by Roche with participation from Allen & Company, Baillie Gifford and Casdin Capital. Founded in 2012, the NYC-based company organizes the world’s oncology information and makes it useful for patients, physicians, life science companies and researchers.  The company plans to utilize the capital to further invest in its cloud-based OncologyCloud software platform, which includes OncoAnalytics®,
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Bundled-Payment Startup Aver Raises $13.6M to Simplify Healthcare Reimbursement

by HITC Staff 01/06/2016 Leave a Comment

Bundled-Payment Startup Aver Raises $13.6M to Simplify Healthcare Reimbursement

Aver Inc., a Columbus, OH-based healthcare bundled payment-focused company and provider of a patented data management platform that simplifies the healthcare reimbursement process, raised $13.6 million in Series B funding led by Heritage Group, with participation from Cardinal Health, Inc., GE Ventures, Hearst Health Ventures, and affiliates of NCT Ventures and StartUp Health. The capital will be used to accelerate operations, grow its platform capabilities and expand market share healthcare
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A&D Medical Unveils BLE Wireless Blood Pressure Monitors

by HITC Staff 01/06/2016 Leave a Comment

A&D Medical Unveils BLE Wireless Blood Pressure Monitors

Connected health and biometric measurement devices and services provider A&D Medical is unveiling their new line of  LifeSource UltraConnect Wireless upper arm and wrist blood pressure monitors.With a sleek, streamlined profile, the new wrist and upper arm wireless blood pressure monitors represent the launch of the first products in a new line of connected health devices that will expand the company's family of medical-grade and consumer health monitoring devices.  LifeSource UltraConnect
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Philips Unveils HealthSuite Digital Platform

by HITC Staff 01/05/2016 Leave a Comment

Philips HealthSuite digital platform

During Consumer Electronics Show (CES) 2016, Royal Philips will showcase their  Philips HealthSuite digital platform, the company’s cloud-based innovation platform, to help consumers and their healthcare providers obtain a complete picture of their health as well as take the right steps to remain healthy at every stage of life. Philips HealthSuite Digital Platform Overview The Philips HealthSuite digital platform is an open, cloud-based platform of services, capabilities and tools that allows
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Fitbit Unveils New Smart Fitness Watch, Fitbit Blaze

by HITC Staff 01/05/2016 Leave a Comment

Fitbit_Blaze_Lineup_Fitabase

Connected health and fitness market provider Fitbit, today unveiled the Fitbit Blaze™ smart fitness watch, its smartest, most stylish, most motivating fitness tracker yet at CES 2016. The latest addition to Fitbit’s award-winning line of innovative devices, Fitbit Blaze is available today for presale with global retail availability starting in March 2016. Fitbit Blaze is a smart fitness watch built to help you make the most of your workouts, with a versatile design to fit your personal style,
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NantHealth Acquires Healthcare Collaboration Network NaviNet

by HITC Staff 01/05/2016 Leave a Comment

NantHealth

NantHealth, a company combining genomic science and big data to transform healthcare, has announced the acquisition of NaviNet, a leading healthcare payer-provider collaboration network. NantVentures, the private equity arm of NantWorks participated in the financing. Financial terms were not disclosed.  With the acquisition of NaviNet, NantHealth adds roughly 330 new associates including an experienced management team who has previously held leadership roles at health plans, healthcare IT
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One Medical Passport Raises $4M to Streamline Pre-op Through Post-op Process

by HITC Staff 01/05/2016 Leave a Comment

One Medical Passport

Cloud-based peri-operative medical software provider One Medical Passport, Inc. has closed a $4 million in Series A funding from FCA Venture Partners, a Nashville-based venture capital firm focused on healthcare IT. Founded in 2000 by Stephen Punzak, MD, an anesthesiologist, helps ASCs, hospitals and physician offices work more efficiently while simultaneously improving patient care and increasing patient satisfaction. The company hopes to change the way patients prepare for and recover from
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Navigant Acquires Epic-Focused Revenue Cycle Firm for $52M

by HITC Staff 01/05/2016 Leave a Comment

Navigant Acquires Epic-Focused Revenue Cycle Firm for $52M

Navigant Consulting Inc. has acquired Chicago, IL-based McKinnis Consulting Services, a firm specializing in Epic-focused revenue cycle assessment, strategy, and optimization assistance for healthcare providers. Under the terms of the purchase agreement, Navigant paid approximately $49 million in cash and $3 million in Navigant common stock at closing.  The addition of more than 70 McKinnis consultants is a smart move for Navigant as it seeks to gain further market share in the Epic
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In-Home Care Startup Hometeam Pulls In $27.5M for Expert Caregiver Matching

by HITC Staff 01/05/2016 Leave a Comment

In-Home Care Startup Hometeam Pulls In $27.5M for Expert Caregiver Matching

New York-based in-home care startup Hometeam has raised $27.5M in Series B funding led by Oak HC/FT with existing investors  Lux Capital, IA Ventures and Recruit Strategic Partners. Hometeam transforms the aging experience by providing families expert caregiver matching, custom iPads, and a care team to promote healthy & active days. The capital will be used to  accelerate its medical and technology development as it continues to experience ever-increasing growth in New York, New Jersey and
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