Clinical Research IO (CRIO), a Cambridge-based digital health startup has raised $1.6 million in seed funding to further develop its e-source system for clinical research sites led by NXT Ventures and Rally Ventures. The latest round follows the company's first seed round of $800k. The round also included investments from its officers, a group of angel investors, and a number of industry investors, including several early customers. Sankesh Abbhi, a clinical research entrepreneur, is among the
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Mercy Named 2016 HIMSS Enterprise Davies Award for Improving Patient Care Through Health IT
Mercy, the fifth largest Catholic health care system in the nation, was named a 2016 HIMSS Enterprise Davies Award recipient for achieving improvements in patient care through the use of health information technology. Mercy received the award from HIMSS based on four case studies that detailed how the use of health information technology and standardized clinical processes have improved patient care and the bottom line. The case studies included:- Decreasing by nearly three hours the time it
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Able Health Launches End-to-End MIPS platform for Reporting, Performance Improvement
Able Health is a health IT company dedicated to making value-based care work for providers has launched an end-to-end MIPS solution enabling providers to improve performance and submit data to CMS with less time, money, and stress. The new platform can ingest patient data from electronic health records and data warehouses, calculate any MIPS registry quality measure or eCQM, and provide a dashboard for administrators to track and improve a group or provider's MIPS Composite Performance Score.
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Health IT VC Funding Tops $5.6B in 2016: 10 Things to Know
Health IT VC funding set a new milestone in 2016 as it eclipsed $5 billion in 622 deals, compared to $4.6 billion raised in 2015 in 574 deals, according to that latest report from Mercom Capital Group. The report finds that total corporate funding in health IT companies - including debt and public market financing (plus IPOs) from a total of 1,115 investors (including accelerators/incubators) - came to $5.6 billion in 2016, a drop of 30 percent compared to $8 billion in 2015.Since 2010, the
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Emerging Role of Open APIs in Healthcare: 5 Trends to Know
Clinical and other leaders see APIs in healthcare as technology-enablers of process change and evolving care models, according to Chilmark Research latest report. The latest report, APIs for a Healthcare App Economy: Paths to Market Success, finds high expectations for APIs to support healthcare innovation and more dynamic engagement across stakeholders.The API Opportunity in HealthcareSponsored by Cerner, InterSystems, Orion Health and PokitDok, Chilmark conducted a broad survey of the
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PatientPoint, American Heart Association Partner to Educate Patients on Heart Health at Point of Care
PatientPoint, a provider of patient and physician engagement solutions at the point of care has teamed up with the American Heart Association to help educate patients and physicians on heart health and stroke prevention at the point of care. As part of the collaboration, PatientPoint will utilize its network of more than 290,000 healthcare providers to share American Heart Association public service announcements and educational content. By leveraging this content through its digital and mobile
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Clearwater Clinical Nabs $6M for Clinically Validated iPad Audiometer
Clearwater Clinical Limited, a provider of medical-grade mobile devices and cloud-based data management solutions for the hearing health industry has raised $6 million in Series A funding led by Whitecap Venture Partners. Whitecap Venture Partners will work closely with Clearwater Clinical on a number of strategic initiatives including product development, go to market programs, and future financing strategy. BDC Capital Healthcare Venture Fund also participated in the round, and along with
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Children’s Healthcare of Atlanta (CHOA) Earns EMRAM Stage 7 Award
Georgia-based Children’s Healthcare of Atlanta has achieved Stage 7 on the HIMSS Analytics Electronic Medical Record Adoption Model (EMRAM), becoming the first in the state of Georgia to receive the award. The award represents Nicklaus Children’s Hospital’s attainment of the highest level on the Electronic Medical Record Adoption Model™ (EMRAM). The three-hospital pediatric health care system demonstrated advanced use of information technology to improve patient care and advanced data analytics
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WEDI Issues Brief on Introduction to Telehealth Codes
WEDI, a leading authority on the use of health IT to create efficiencies in healthcare information exchange has issued an educational issue brief on an Introduction to Telehealth Codes. This issue brief was developed by the WEDI Innovative Encounters Workgroup with the intention to provide introductory information on codes for telehealth services by individual health care providers. The Innovative Encounters Workgroup is planning to develop a separate issue brief on the payer perspective of
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Aledade Lands $20M to Expand Value-Based Care Network
Aledade, Inc., a provider of in value-based care has raised $20 million in funding that will accelerate Aledade’s efforts to grow its provider network as well as expand partnerships with commercial and Medicare Advantage health led by Biomatics Capital. The round also included participation from new investors including GV (formerly Google Ventures) and the Maryland Venture Fund, and existing investors Venrock and ARCH Venture Partners.Aledade ACO network now includes more than 200 independent,
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