Global digital health venture capital (VC) funding has already reached $9 billion in 2018, up 46 percent year-over-year (YoY) with a record $8B across 556 deals, according to market research firm Mercom Capital. The latest report reveals global digital health VC funding reached $3.1B across 173 deals, versus Q2 2018’s $2.4B in 196 deals.To date, digital health companies have raised ~$34B in 4,006 VC funding deals since 2010. Total corporate funding - including VC, debt, and public market
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Digital Health | News, Analysis, Insights - HIT Consultant
K4Connect Raises $12M to Expand Smart Tech for Senior Living Communities
K4Connect, a Raleigh, NC-based digital health startup providing smart technology solutions for senior living communities has raised $12 million in Series B funding led by AXA Venture Partners. Founded in 2013, K4Connect plans to use the latest round of funding to further develop the Company's K4Community solution and underlying Fusion platform/OS technologies. In addition, the company plans to accelerate its partnerships across a spectrum of consumer and senior living-specific
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New Philips App Enhances Mobility for Caregivers with Real-Time Access to Patient Deterioration
Philips today announced it has expanded its General Care Solution with the new Philips IntelliVue GuardianSoftware mobile client application. The mobile app has received 510(k) clearance from the FDA and leverages the capabilities of Philips’ General Care solution, which includes Early Warning Scoring (EWS), to provide clinicians with the benefit of mobility and optimized workflows. In some hospital medical-surgical units, patient information and color-coded early warning scores are written on a
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Ambra Health’s New App Offers Providers Instant Access to Medical Images
Ambra Health, an NYC cloud-based, medical image management suite has announced the launch of its first mobile app for providers, offering immediate access to medical imaging right in the palm of their hands. Designed with accessibility and ease of viewing in mind, the new Ambra Health app offers healthcare providers an intuitive image viewing experience, fully optimized for mobile viewing.The Ambra app, which was developed in close collaboration with leading providers, allows physicians to
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Why Are Hospitals Still Using CDs to Exchange Medical Images with Patients?
For nearly two decades, CDs have been the primary medium for medical image exchanges between providers and patients. In the mid-1990’s, CDs provided a solution to the point-of-care and transportation issues of bulky, static film and reports. Recent years have brought a widespread adoption of electronic methods for storing and sharing information in the healthcare sector---namely EMR and now interoperability. Despite the rapid (and necessary) adoption of HIT, CDs remain the primary means of
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Garmin, Fitabase Collaboration Enables Researchers to Access Wearable Data
Garmin, today announced a new collaboration with Fitabase that will enable researchers to access data from Garmin wearables via the Fitabase platform, providing curated datasets ideal for deep analysis. Fitabase, a San Diego-based company founded by a team of research experts, has worked with over 150 academic and clinical institutions worldwide on over 500 studies with one singular goal: better research, better results. The Fitabase platform makes it easy to deploy the latest digital health
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Montefiore Health to Create AI-Based Screening Tool to Help Doctors Identify Lung Failure
Funded by a $1.2 million Agency for Healthcare Research and Quality grant, Montefiore Health System is building a new artificial intelligence (AI) screening tool to help doctors better identify and treat acute respiratory distress syndrome (ARDS), a deadly, but under-recognized, form of lung failure. Acute respiratory distress syndrome (ARDS) is a rapidly progressive disease occurring in critically ill patients.The main complication in ARDS is that fluid leaks into the lungs making breathing
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IDx and Topcon Join Forces to Scale AI-based Diagnostic Platform in the U.S. Market
IDx, an AI diagnostics company, and Topcon, one of the world’s leading ophthalmic device manufacturers, have signed an exclusivity agreement that will allow the companies to scale delivery of AI-based diagnostic solutions in the U.S. market. As part of the agreement, is granted exclusive rights to IDx-DR system, an autonomous AI system that instantly detects diabetic retinopathy in fundus images, exclusively with Topcon NW400, an easy to use, robotic fundus camera. IDx-DR is an FDA-cleared
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Validic Launches Statistics Engine to Drive Population Health Analytics from Patient Generated Health Data
Validic, a Durham, NC-based patient-generated health data integration, and analysis platform, today announced the release of Validic Statistics Engine that will offer new opportunities for patient-generated health data in care delivery and management. The Statistics Engine enables organizations to easily derive individual or population-level trends and anomalies from PGHD. Making Patent-Generated Health Data (PGHD) Actionable for CliniciansBeyond optical character recognition, there are many
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Partners Connected Health Unveils Mobile App for Patients/Provider to Share Patient-Generated Health Data from 250 Devices
Partners Connected Health, today announced the launch of a new patient-facing mobile app that allows patients to easily and securely share patient-generated health data (PGID) with their care team from a larger selection of consumer health devices, including activity trackers, wearables, sensors, and remote monitoring devices. Its VitalSnap feature enables the mobile app to capture personal health data from devices without a free-standing app and non-Bluetooth devices. Launched in 2017,
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