Cardinal Analytx, a Palo Alto, CA-based digital health startup using machine learning and artificial intelligence to improve care and reduce healthcare costs for patients has raised $6.1 million in Series A funding. Spun out of Stanford University, Cardinal Analtyx Solutions was founded by Stanford professors Drs. Arnie Milstein and Nigam Shah, who created the company with lead investor Cardinal Partners. Other investors include the Stanford-StartX Fund and Premera Blue Cross, which also
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Digital Health | News, Analysis, Insights - HIT Consultant
Pfizer Spin Off Lands $103M to Develop New Drugs for Undeserved Patient Populations
SpringWorks Therapeutics, a new Pfizer spin-off launched as a way to advance investigational drug therapies that may hold significant promise for underserved patients has raised $103 million in funding in Series A funding. The Series A round was led by Bain Capital Life Sciences, Bain Capital Double Impact, OrbiMed, Pfizer and LifeArc (formerly known as MRC Technology). SpringWorks Therapeutics’ collaborative business model is designed to deliver both social and financial returns via
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Centre for Aging + Brain Health Innovation Awards $8.3M to Support Senior Care Innovations
Centre for Aging + Brain Health Innovation (CABHI), a solution accelerator for the aging and brain health sector has invested more than $8.3M across twenty-six projects to acclerate senior care innovations. The projects will utilized the funding to improve the quality of life and care for older adults with dementia and cognitive health issues. The projects are part of three new CABHI programs: the Industry Innovation Partnership Program, the Researcher-Clinician Partnership Program, and the
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FDA Selects Apple, Fitbit, Samsung, Others for Digital Health Pre-Cert Pilot Program
Today, the U.S. Food and Drug Administration (FDA) announced it has selected Apple, Fitbit, Johnson & Johnson, Pear Therapeutics, Phosphorus, Roche, Samsung, Tidepool and Google’s Verily to participate in the FDA’s new digital health per-certification pilot program. The FDA selected the final nine companies for the pre-cert pilot program based on several factors including company size, demonstrated record of quality and organizational excellence, clinical focus area and the risk profile of
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Caresyntax Lands $11.9M for EHR-Integrated Surgical Analytics Platform
Caresyntax Inc., a Boston, MA-based surgical analytics and integration services company has raised $11.9 million in funding led by Norgine Ventures. The company plans to utilize the funding to establish its first full-time U.S. operations and headquarters in downtown Boston in October with plans to add more than 10 employees by the end of 2017.Partnering with GE, Medtronic and Siemens in the U.S., caresyntax is a sister company of Berlin-based S-CAPE GmbH, a global operating room integration
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Innovation Health Launches Types 2 Diabetes Pilot Program With Sanofi
Innovation Health, an innovation partnership between Inova and Aetna has announced a new pilot program with Sanofi for people living with Type 2 diabetes. The focus of the pilot program will work to study the impact of novel digital helath solutions from One Drop and Gocap to help patient outcomes and medication adherence. The pilot program will be facilitated by Innovation Health, Inova Health Systems and Healthagen, a division of Aetna. Digital Therapeutic Pilot Program OverviewThe goal of the
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Accenture Joins Hashed Health Blockchain Consortium to Develop Industry Use Cases for Blockchain
Hashed Health has added Accenture as a member of the Hashed Health Blockchain Consortium, a group of leading health companies focused on accelerating innovation with blockchain and distributed ledger technologies, as announced today at the Distributed: Health 2017 conference. As a consortium member, Accenture will focus its efforts on developing industry use cases for blockchain and distributed ledger technologies and identify opportunities where organizations can implement solutions at
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DispatchHealth Raises $30.8M for On-Demand Urgent Care App
DispatchHealth (formerly known as True North Health Navigation), a Denver, CO-based provider of on-demand urgent care has raised $30.8M in funding co-led by Alta Partners and Questa Capital with the participation of strategic partner US Acute Care Solutions and existing investors. The company plans to use the funding to accelerate its mobile app-enabled on-demand healthcare delivery platform.Founded in 2013 by two mobile health executives, DispatchHealth’s team of board-certified caregivers
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PatientSafe Solutions Raises $25M for Point-of-Care Mobile Solutions
PatientSafe Solutions, a provider of mobile clinical workflow and communication solutions has raised $25 million in funding led by HighBar Partners with participation from existing investors Merck Global Health Innovation Fund, Camden Partners, Psilos Group, and TPG. The company plans to utilize the latest round of funding to accelerate its operations, sales and customer success. In addition, the funding will help Patient Safe drive further innovation in clinical communications and care
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Generali Global Assistance Acquires Senior Caregiver Marketplace App CareLinx
Generali Global Assistance announced it has acquired CareLinx, a Silicon Valley-based nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. Financial details of the acquisition were not disclosed. The company has raised a total of $5 million in funding to date. Founded in 2011, CareLinx professional caregivers leverage proprietary digital care plans to better assist the elderly, individuals
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