After six years of research and development exploring the potential of clinical diagnostic assets, Medivo has rebranded as Prognos. The new artificial intelligence-focused company mission is to help payer, life sciences and diagnostics organization track and predict disease earlier through advanced analytics and artificial intelligence techniques. The company is supported by a $23M investment from Safeguard Scientifics, Inc. and Merck Global Health Innovation Fund (GHIF).Prognos has already
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Digital Health | News, Analysis, Insights - HIT Consultant
PeraHealth Raises $14M for Predictive, Real-Time Clinical Surveillance
PeraHealth, a Charlotte, NC based provider of predictive, real-time clinical surveillance solutions has raised $14 million in funding from Mainsail Partners, a growth equity firm. As the healthcare industry progresses toward value-based care, high costs surrounding chronic diseases and infections continue to escalate. For example, sepsis kills 258,000 people in the U.S. every year and costs the U.S. healthcare system nearly $24 billion annually, according to the Sepsis Alliance. PeraHealth is
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Novo Nordisk, Glooko Team Up to Develop Digital Diabetes Solutions
Pharmaceutical company Novo Nordisk and Glooko, a remote patient monitoring platform for diabetes are teaming up to develop digital health solutions for diabetes. As part of the non-exclusive collaboration, both companies will work together to create co-branded digital health solutions that will deliver personalized, digital services to support people with diabetes in areas including treatment adherence and blood glucose management.For Novo Nordisk, the integration of these offerings within its
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Endotronix Nabs $12M to Expand Wireless Pulmonary Artery Sensor
Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015
Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the 2016 Year End Funding Report report from digital health venture firm Rock Health. 2016 The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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Welltok Expands Partnership with Watson Health for Consumer Engagement
Health optimization platform Welltok has expanded its partnership with IBM Watson Health to leverage new new Watson Health capabilities to deliver comprehensive solutions for engaging populations in health and well-being. As part of the expanded partnership, Welltok's CaféWell Health Optimization Platform® will provide health managers with the ability to extend beyond care management and drive additional value by creating a holistic, seamless consumer experience.Adding IBM Watson Health's broad
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Pursuant Health (Solo Health) Nabs $12.8M to Expand Population Health Platform
Health kiosk company Pursuant Health formerly known as Solo Health has raised $12.8 million in Series A funding to expand its population health platform through new channels. These channel expansions include texting, mobile, digital and incentive management capabilities, providing broader program administration, engagement and collection of health data.Founded in 2010, the Atlanta-based company conducts population level health screenings that follow United States Preventive Services Task Force
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PeerWell Partners with NFL Athletes to Launch Post-Op Rehab Platform
PeerWell, whose mobile PreHab technology helps patients prepare for surgery, has announced the launch of an extension of its platform to assist patients through post-operative recovery. PeerWell’s platform now starts with PreHab to prepare patients for surgery and continues with ReHab to enable patients to recover from surgery. PeerWell’s PreHab to ReHab solution will first roll out for patients undergoing joint replacement surgery for the hip or knee.PeerWell collaborated with retired NFL star
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Castlight Health Acquires Enterprise Health Benefits Platform Jiff
Health benefits platform provider Castlight Health has acquired employee digital health platform Jiff to form a single company offer the most comprehensive health benefits platform in the industry. The combined company will expand product offering and distribution channels that will accelerate growth on a larger revenue base serving more than 240 customers, including over 70 of the Fortune 500. This marks the first digital health acquisition of 2017.Based in Mountain View, CA, Jiff serves as a
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Northwell Health Taps Avizia to Develop Robust, Direct-to-Consumer Telehealth Platform
Northwell Health has a new partnership with Avizia, an end-to-end telehealth provider to develop a robust, direct-to-consumer telehealth platform to enable seamless care in its 21 hospitals and more than 550 outpatient practices throughout New York. In addition to becoming a strategic channel partner, Northwell Ventures, the health system’s corporate venture arm has made a direct-equity investment in Avizia The investment and partnership also marks the close of Avizia’s funding round, bringing
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