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Staff Writer | HIT Consultant

Mobile Spirometer Provider Cohero Health Raises $2M

by HITC Staff 12/22/2015 Leave a Comment

cohero health

Cohero Health, an NYC-based digital health company focused on developing connected health tools and technologies to improve respiratory care, has raised $2 million in seed funding. Key investors in the seed round include  Zaffre Investments, the investment arm of Blue Cross Blue Shield of Massachusetts, Three Leaf Ventures an affiliate of the Broe Group, Bioadvance, Swanhill Capital and StartUp Health. The company plans to use the funding to scale production of its devices to support large
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Bayer, CRISPR Partner to Develop Gene Editing Apps for Patients

by HITC Staff 12/22/2015 Leave a Comment

CRISPR

Bayer and gene editing company CRISPR Therapeutics are teaming up to develop  new breakthrough therapeutics to cure blood disorders, blindness, and congenital heart disease. CRISPR Therapeutics will contribute its proprietary CRISPR-Cas9 gene-editing technology and intellectual property, while Bayer will make available its protein engineering expertise and relevant disease know-how. It is the first long-term strategic partnership of its kind to make a substantial investment in the
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Assurex Health Nabs $15M for Precision Medicine for Behavioral Health

by HITC Staff 12/22/2015 Leave a Comment

Assurex Health

Assurex Health, Inc., a commercial-stage, informatics-based precision medicine company providing treatment decision support to healthcare providers for behavioral health and chronic pain conditions, has secured an additional $15 million in equity funding.  Assurex Health’s proprietary technology is based on pharmacogenomics— the study of the genetic factors that influence an individual’s response to drug treatments—as well as evidence-based medicine and clinical pharmacology. The GeneSight
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Meridian Health to Offer Virtual Physician Visits via Teladoc

by HITC Staff 12/22/2015 Leave a Comment

Virtua Selets Teladoc to Offer Telehealth Visits In Southern New Jersey

Telehealth provider Teladoc, Inc., announced it has been selected by Meridian Health, a leading not-for-profit health care organization in New Jersey, for telehealth services that will be offered to the residents Meridian serves. Meridian is planning its telehealth launch for first quarter 2016, which will include 24/7 access to Teladoc's quality network of licensed physicians via phone, mobile device or secure online video. Rated among the top performing health systems in New Jersey for
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OrbiMed Launches $950M VC Fund

by HITC Staff 12/21/2015 Leave a Comment

OrbiMed Launches $950M VC Fund

OrbiMed, a leading investment firm focused on the healthcare sector, announced the closing of its next venture capital fund, OrbiMed Private Investments VI, LP, with $950 million in limited partner commitments. Investors in the fund include some of the preeminent medical research institutions globally, along with leading endowments, foundations and sovereign wealth funds. Consistent with its predecessor funds, the new fund will invest in all stages and sectors of the healthcare industry, with
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Smart Toothbrush Beam Adds Gamfication That Gets Kids to Brush Their Teeth

by HITC Staff 12/18/2015 Leave a Comment

Smart Toothbrush Beam Adds Gamfication

Beam, the smarter dental insurance company, launched “Boulders and Band-Aids” within the Beam app, adding a gamification layer on top of the brushing behavior data already collected via the Beam Brush. The new game allows anyone who brushes their teeth while using the connected Beam Brush or the Beam app’s manual timer to earn lives to play the game, which encourages users to brush more often, for longer. The Beam app is available for free from the App Store and Google Play. A vast majority
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WellDoc Pulls In $22M To Accelerate Mobile Prescription Therapy Adoption

by HITC Staff 12/17/2015 Leave a Comment

WellDoc

Digital health technology company WellDoc today announced $22 million in Series B funding led by Samsung Ventures and Merck Global Health Innovation (GHI) Fund serving as co-lead. Other participants in the round include Adage  Capital Management, Excel Venture Management, Alexandria Venture Investments and Hudson River Capital Partners LLC.  Welldoc plans to utilize the funding to continue commercialization and accelerate adoption of its flagship product, BlueStar, a FDA cleared mobile
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Chilmark: Connected Health Market Bright, Yet Remains Immature

by HITC Staff 12/17/2015 Leave a Comment

Chilmark Research Connected Health Report

The US healthcare system’s shift towards value-based care has ignited an interest in new models of virtual, connected healthcare. As defined by Chilmark Research in their latest report, Migration to Connected Health: Opportunities and Challenges in Remote Patient Monitoring (RPM), ‘Connected Health’ is the application of technology to connect and extend healthcare delivery system (people, tools, facilities, and so on) in an ongoing, virtual, semi-automated manner across a patient
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Sytrue, HighFive Partner to Optimize Medication Reconciliation for Providers

by HITC Staff 12/17/2015 Leave a Comment

SyTrue

SyTrue, Inc., a healthcare data-refinement company, that specializes in natural language processing (NLP) solutions used to translate unstructured medical data into useable clinical information, announced today, a partnership with HighFive, who provides community wide medication management solutions. Partnership Details Leveraging SyTrue’s NLP OS™ and Semantic terminology server, HighFive has normalized medication data from free text as well as disparate systems into usable interoperable data
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TeleHealth Services, UbiCare To Engage Patients Throughout Care Continuum

by HITC Staff 12/17/2015 Leave a Comment

Telehealth Services

TeleHealth Services and UbiCare are teaming up to provide a unique, proven patient education and engagement solution for hospitals, healthcare systems, clinics and ambulatory centers. Through their proprietary technologies, the companies are able to fully engage patients throughout the care continuum with timely, episode-specific messages sent directly to their personal devices. Patients will receive evidence-based reliable health information from their trusted care provider pushed to them no
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