In the past, intermediaries such as HR specialists and brokers made nearly all health insurance decisions for consumers. With the ACA and the rise of public and private exchanges, there is a dramatic shift underway for purchasing health insurance. As previous uninsured consumers enter the market and as employers send employees to public and private exchanges, consumers will increasingly make their own decisions about which health insurance they purchase. This change in purchasing decisions is
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Aetna Executive Joins Welltok as New Chief Technology and Product Officer
Welltok, developers of the CaféWell Health Optimization Platform that guides and incentivizes consumers, announced today the appointment of Brian Garcia as chief technology and product officer. With an established reputation for bringing user-centered design to product and technology, Garcia will lead the ongoing development and architecture of the company’s consumer enterprise platform at a time of exponential growth and innovation for Welltok.
Garcia most recently served as the chief
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Tyto Care Raises $11M for Home Telehealth Platform
TytoCare Ltd., an emerging Israel-based telehealth company has closed $11 million in Series B funding led by Cambia Health Solutions. Other participants in the round include OrbiMed Advisors, Walgreens, Fosum Pharma and LionBird.
Founded in 2012, Tyto Care's advanced cloud telehealth platform and handheld device allows for accurate remote diagnosis of various types of ailments. Equipped with innovative guidance and navigation technology, the device will allow individuals to perform full
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Welltok Integrates Healthy Dining’s Data for Personalized Dining Recommendations
Healthy Dining, experts in restaurant industry nutrition, and Welltok, developers of the CaféWell Health Optimization Platform that guides and incentivizes consumers to optimize their health, today announced a partnership dedicated to contributing to a healthier America.
Through the collaboration, Welltok's CaféWell Concierge app, powered by IBM Watson's cognitive computing technology, integrates Healthy Dining's restaurant nutrition data to provide personalized menu choices. The app
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FDA Clears 2 Propeller Health Inhaler Devices for Asthma, COPD
Propeller Health, the FDA-cleared digital health solution for chronic respiratory disease, today announced U.S. Food and Drug Administration 510(k) clearance to market its Propeller platform in association with medications using GlaxoSmithKline’s Diskus® dry powder inhaler (DPI) device for asthma and chronic obstructive pulmonary disease (COPD). This new clearance follows 510(k) clearance to market the Propeller platform in association with medications using Boehringer Ingelheim’s Respimat®
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Bright.md Raises $3.5M to Support Expansion of Virtual Healthcare
Portland, Oregon-based Bright.md, a developer of a virtual care solution to improve efficiencies and reduce costs in the delivery of care for non-acute conditions has closed a $3.5 million Series A funding round. Co-founded in 2014 by Ray Costantini and Mark Swinth, Bright.md connects you to your provider from your home or on the go, using your home computer or mobile device. In under an hour, and for less than the cost of a co-payment, you can get treatment from the provider you know and
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1DocWay Raises $1.7M to Expand Telepsychiatry Network
1DocWay, Inc., a NYC-based leading telepsychiatry network operator announced that its psychiatry delivery network has treated over 20,000 patients in 11 states during the first half of 2015. To accelerate its growth, 1DocWay has raised $1.7M in its seed round, led by iSeedVC, with participation from Rock Health, Asset Management, Great Oaks Venture Capital, Waterline Ventures and others. 1DocWay has experienced rapid growth in recent months as awareness and demand for psychiatric services have
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Limelight Health Raises $3M for Mobile Health Insurance Quote Platform
Limelight Health, provider of mobile enterprise technology for the health insurance industry, announced today it has raised $3 million in Series A funding from MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company (MassMutual), and AXA Strategic Ventures. Also investing in the round is the series seed lead investor LaunchPad Digital Health. The company will use the capital to help accelerate its sales and engineering teams to deliver innovative
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Axial Healthcare Raises $8M for its Pain Management Solution
Axial Healthcare, Inc., a cloud-based clinical decision support platform for managing the cost and quality of patient care, announced today that it has closed an $8 million Series A round of funding. The round was led by .406 Ventures and Liam Donohue, .406 Venture’s Co-Founder and Managing Partner, has joined Axial’s Board of Directors. Previous investors, including BlueCross BlueShield Venture Partners and Sandbox Industries, also participated in the funding.The new funding will enable the
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Dell Appoints Dr. Nick van Terheyden as New Chief Medical Officer
Dell Services has appointed Nick van Terheyden, M.D., former chief medical information officer of Nuance Communications as the new Dell Healthcare & Life Sciences chief medical officer. Under his leadership, Dr. van Terheyden will help Dell advance its support of healthcare organizations, medical professionals and patients through information-enabled healthcare. He will report to Sid Nair, vice president and global general manager of Dell’s Healthcare & Life Sciences (HCLS) Services
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