nference, a Cambridge, MA-based company on a mission to synthesize the exponentially growing biomedical knowledge has raised $11 million in Series A funding led by Matrix Partners. The round also included participation from existing investor Matrix Capital Management. The company plans to utilize the funding to develop the company’s AI and R&D platforms, expand scientific operations in Cambridge MA and establish nference Labs in Bangalore, India.Founded by Murali Aravamudan and Venky
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Digital Health | News, Analysis, Insights - HIT Consultant
Risalto Health Lands $1.5M for Concierge Musculoskeletal Care Service
Risalto Health, a digital health startup delivering concierge service for musculoskeletal care with cutting-edge care pathways for patients, has raised $1.5M in seed stage capital from Health Catalyst Capital Management (HCCM). The seed round also included participation from Oxeon Partners. Risalto plans to use the funding to expands its care concierge program to enable superior outcomes and cost savings for patients experiencing back, neck, knee, and hip pain. Musculoskeletal ailments affect
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New Hello Alvin Healthcare Card Offers First Prepaid Telehealth Access for Employees
Tango Card, a provider of digital rewards and incentives to enterprise customers has inked a partnership with Alvin Healthcare's Hello Alvin service, a nationwide telehealth platform providing 24/7 healthcare access from any mobile device or computer, which includes virtual care provider Teladoc, as well as an unlimited 24-hour nurse line and the ability to email medical specialists. The new Hello Alvin Healthcare Card offers first-of-its-kind, prepaid telehealth access for employees and is part
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Mayo Clinic Researchers Identify Blood-Based DNA Biomarker Panel
Researchers at Exact Sciences Corp. and Mayo Clinic announced significant progress toward developing a panel of novel, blood-based, DNA biomarkers that could accurately detect hepatocellular carcinoma (HCC), the most common cancer that originates in the liver. The researchers detailed their findings during a presentation today at Digestive Disease Week.Using DNA extracted from the blood samples of 244 people, including 95 diagnosed across all stages of HCC, 51 with cirrhosis, and 98 healthy
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Apple Opens Health Records API to Developers and Researchers to Create Personalized Apps for Consumers
On Monday, Apple released a new Health Records API for developers and researchers that will empower consumers to better manage medications, nutrition plans, diagnosed diseases and more directly from their iPhone. The new API integration with third-party developers will allow patients of more than 500 hospitals and clinics to access medical information from various institutions organized into one view on their iPhone. Consumers will now be able to share their encrypted health records data from
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Parachute Health Nabs $9.5M for ePrescribing Platform for DME and Supplies
Parachute Health, a New York-based ePrescribing platform transforming the way patients receive the care they need to properly manage their health and recovery at home has raised $9.5 million in new funding led by Harley Miller and Dan Ahrens of Insight Venture Partners. The funding also included participation from GNYHA Ventures, the business arm of the Greater New York Hospital Association and Anthony Welters, formerly of UnitedHealth Group. The company plans to use the funding to expand
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock
Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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5 Ways SmartTrials is Advancing Precision Medicine Through Genomics
Foundation Medicine’s Dr. Gaurav Singal shares how his company’s platform is changing the game in clinical trials and bolstering precision medicine through genomics.The evolution may be slow going, but it looks like precision medicine is destined to disrupt many aspects of healthcare, and it’s already demonstrating that transformative power in clinical trials—where patient recruitment and retention have long plagued the process, according to Foundation Medicine’s Dr. Gaurav Singal.“Current
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5 Key Components of A Results-Driven AI Platform for Hospitals and Health Systems in the Era of Value-based Care
Value-based reimbursement is forcing hospitals and health systems to reduce costs and to improve outcomes. Whether they are trying to manage population health or to improve clinical pathways in hospitals, healthcare organizations need a way to understand and harness the huge amounts of data that could potentially be applied to achieving these goals. Artificial intelligence (AI) systems offer an approach that can derive actionable insights from large, complex datasets at the scale required by
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Fitango Health Unveils Oncology Precision Medicine App for Providers to Achieve Value-Based Goals
Fitango Health, a provider of integrated care management and patient engagement software, is announcing a transformative new solution, called Fitango Oncology. Fitango Health's innovative application allows healthcare providers to achieve value-based goals through end-to-end engagement spanning the continuum of care.This end-to-end solution is the first of its kind for both oncology and chronic care to integrate decision-support, treatment communication, along with enabling and engaging both
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