India-based home healthcare startup Portea Medical has received $37.5 million in Series B funding led by Accel. International Finance Corporation (IFC), a member of the World Bank Group; Qualcomm Ventures and Ventureast also participated in this round. Portea works with leading hospitals, experienced doctors, nurses, diagnostic centers and others to provide in-home healthcare for patients in India & Malaysia.
The company will utilize the capital to scale the company’s expansion in India
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Accenture Acquires Sagacious Consultants to Expand Epic Consulting Capabilities
Global management consultant firm Accenture, today announced that it has finalized its agreement to acquire Sagacious Consultants, an Epic-focused EHR consulting firm to expand its capabilities for helping clients to better manage healthcare quality, efficiency and costs. Financial terms of the transaction were not disclosed.
Founded in 2009 by former Epic consultant Shane Adams, approximately 250 employees from Sagacious Consultants will bring to Accenture their specialized skills in
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Solutionreach, Uber Integrate to Improve Patient Accessibility
Solutionreach, a Utah-based provider of patient relationship management solutions, announced that they have integrated with Uber, the on demand service that connects riders to local drivers through a mobile app. The integration will be used to improve healthcare by making it easier and more convenient for patients to connect to their providers.
The combination of the Solutionreach intelligence, which identifies when a patient needs to be seen by their doctor, and Uber's ability to precisely
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FDA Launches First-Ever Patient Engagement Advisory Committee
On Friday, the FDA announced its first-ever Patient Engagement Advisory Committee (PEAC) that will provide advisory support to the FDA Commissioner on a range of complex issues relating to medical devices, the regulation of devices, and their use by patients. These ultimate goal of the PEAC is to helping to drive more patient-centered medical product development and assessment process.
Other topics the committee may consider include:
- Agency guidance and policies
- clinical trial or
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GLNeuroTech Secures $1.9M for Wearables & Apps For Parkinson’s Disease
Great Lakes NeuroTechnologies (GLNT) has received $1.9 million from the National Institutes of Health (NIH) to improve the efficacy of deep brain stimulation (DBS) programming for Parkinson’s disease (PD) and minimize time required by a clinician to optimize settings. The technology development and commercialization will combine wearable motor symptom sensing and a DBS platform into a single integrated system. Intelligent algorithms for searching settings and selecting optimal
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Zoll Acquires Israeli Wearable Cardiac Monitor Startup for $35M
ZOLL® Medical Corporation, a company that manufactures medical devices and related software solutions has acquired Tel Aviv, Israel-based Kyma Medical Technologies, Ltd. for its wearable remote patient monitoring device for chronic cardiac illnesses. Under the terms of the agreement, ZOLL Medical Corporation will pay $35 million, plus milestone payments based on sales and the incorporation of Kyma technology into future products.
Wearable Cardiac Monitor Overview
Kyma's μ-Cor is an
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6 Startups Selected as Finalists in Mayo Clinic’s THINK BIG Challenge
Six digital health startups have been selected as finalists in the first Mayo Clinic THINK BIG Challenge and will compete on Oct. 1 at Transform 2015 for two $50,000 awards.
Sponsored by Mayo Clinic Center for Innovation (CFI), Mayo Ventures and AVIA Health Innovation, the Mayo Clinic THINK BIG Challenge celebrates innovative ideas in two areas:
- Got Health – promoting health maintenance and prevention
- I Am Not My Disease – helping people with chronic illnesses live better,
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Lumity Nabs $14M to Let Data Optimize Employee Health Plans
Palo Alto, CA-based Lumity, a data driven benefits platform that optimizes employee health plans, announced it has raised $14M in Series A funding led by The Social+Capital Partnership with participation from True Ventures and Rock Health. Through real-time insights and predictive models, Lumity's benefits platform helps employers and employees use data to collaborate on choosing health plans that drive value and fit employee needs. The funding round will be used to help accelerate the rollout
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CHIME Appoints 3 New Members to Board of Trustees
The College of Healthcare Information Management Executives (CHIME) has announced the election of members Cletis Earle, Theresa Meadows, R.N., CHCIO, and Donna Roach, CHCIO, to its board of trustees.
Earle is the chief information officer at St. Luke’s Cornwall Hospital, Newburgh, NY. Since joining CHIME in 2006, he has been active in both regional and national activities. Earle is the co-chair of StateNet in New York. CHIME’s StateNet fosters information sharing and networking
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Validic Selected As Digital Health Technology Provider For National On The Move Wellness Challenge
Validic, a leading digital health platform, announced today its selection by WELCOA, the Wellness Council of America, to power the National On The Move Wellness Challenge. The On The Move competition is focused on fueling national corporate health initiatives to combat physical inactivity and initiate behavior change.
On The Move Overview
On The Move is a completely turnkey, 12-week challenge designed to engage employees in physical activity, help better manage their stress levels, and
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