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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Telehealth App Launches Radar Mapping to Help Patients Find Closest Doctor
HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization has announced the launch of "radar mapping" - a new way for consumers find the closest care facility from their mobile device.
The “radar” feature is the first app of its kind to provide a comprehensive, interactive list of all health options, such as doctors, E.R., urgent care and pharmacy locations, customized to members' health insurance plans. It shows members the providers that are within
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Accolade Secures $22.5M to Enhance Consumer Healthcare Engagement
Accolade, the consumer health engagement platform for large employers and payers, announced that it has secured $22.5 million in strategic funding from a subsidiary of Independence Health Group, the parent company of Independence Blue Cross (Independence), and McKesson Ventures.
Accolade will use this investment to further strengthen its technology and analytics capabilities while capitalizing on a growing market demand for healthcare solutions that are proven to save money, drive the right
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Infographic: Do People Trust Telemedicine?
Telemedicine initiatives may have a promising future within the American healthcare system, and could alleviate the shortage of general practitioners, increase reliable access to basic and preventative care, and reduce overall costs. Despite potential positive outcomes of telemedicine platforms, patients remain dubious about this remote option and the quality of diagnosis made during virtual appointments.
The infographic shown below illustrates the key findings of a recent nationwide study
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75% of Patients Wouldn’t Trust A Diagnosis Via Telemedicine
Approximately 75 percent of patients reported they either would not trust a diagnosis made via telemedicine, or would trust this method less than an in-doctor visit, according to a recent nationwide study conducted by TechnologyAdvice Research. The report reveals that although telemedicine initiatives may have a promising future to increase reliable access to basic and preventative care, patients remain dubious about this remote option and the quality of diagnosis made during virtual
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