Medici, an Austin, TX-based digital health startup focused on the future of doctors and patients has raised $22 million in Series A funding from individual investors including executives from well-known global companies such as Citadel, Dell, Publix, and Starwood Capital. The latest round brings the total amount of funding raised to date to $46.6 million.Today’s doctors are buried with regulatory requirements, administrative hurdles and downward pressure on their own costs to run their
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Digital Health | News, Analysis, Insights - HIT Consultant
New Study Reveals Personalization is Key to Diabetes Management
New study led by Livongo demonstrates that personalization is key to diabetes management and short periods of intensive coaching when people get stuck on their way to their glucose and weight goals can be helpful. A new study reveals that use of Livongo for Diabetes significantly improves the health of people with type 2 diabetes (T2D), according to recent findings reported in the Journal of Diabetes Research. Researchers also found pairing participation in Livongo for Diabetes with lifestyle
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Benchling Raises $14.5M for Biologics Platform to Streamline R&D for Scientists, Researchers
Benchling, a San Francisco, CA-based biologics platform for scientists, research managers, and executives to streamline and track R&D from discovery to bioprocessing, today announced it has raised $14.5M in Series B funding led by Benchmark. The round also included participation from from F-Prime Capital, a global venture capital firm associated with Fidelity Investments, and returning investor Thrive Capital. Benchling plans to utilize the funding to accelerate product development and
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Google Recognizes Doctor.com as Only Google My Business Partner for Healthcare
Doctor.com, the first customer experience platform purpose-built for the healthcare industry, today announced that it has officially been recognized by Google as the only healthcare-exclusive organization to be a Featured Google My Business (GMB) Partner. This partnership enables Doctor.com clients to have unparalleled control over the Google My Business listings for all of their providers and facilities, a task which is often challenging for healthcare organizations.Doctor.com's platform
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Hackensack Invests in Home Care Robot, Pillo Through $25M Innovation Fund
Hackensack Meridian Health, today announced it has invested in Pillo, an AI-powered home care robot companion that empowers patients to better manage their health at home, connecting them to caregivers and family members. The investment marks the first product funded through Hackensack Meridian Health’s $25 million innovation program to support the improvement of health care delivery. The health network’s novel incubator has vetted many products and strategies to streamline care delivery, reduce
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UCHealth to Create Healthcare Innovation Hub in Denver to Transform Healthcare Delivery
UCHealth’s innovation team, today announced it will develop a healthcare innovation hub in Denver that will leverage brilliant minds both inside and outside the health system – to help transform health care delivery of the future. The new healthcare innovation hub will be housed at the Catalyst Health-Tech Innovation building in Denver’s River North District (RiNo) as one of the facility’s largest tenants.The hub will bring together more than 70 organizations that will all work together in a
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Cohealo Launches EHR-Integrated Solution for Tracking Medical Equipment Utilization
Cohealo, a healthcare IT company for equipment sharing and planning, today launched Cohealo Track, a SaaS-based solution that leverages case information from a hospital system’s EHR to provide actionable insights into medical equipment utilization. On average, a health system’s medical equipment will sit idle for 58 percent of its lifespan, tying up finite capital planning budgets in redundant purchases that are estimated to be as high as 25 percent of a single hospital’s inventory. With Cohealo
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Brook Lands $4M for AI-Powered Diabetes Assistant App, Partners With Independent Health
Brook, a Seattle-based personalized diabetes assistant app platform for personal empowerment and intelligent support has raised $4M in funding from a group of investors. In addition to the funding, the startup has inked a strategic partnership with Independent Health, a Western New York State health plan to provide enhanced resources to help its 380,000 members self-manage their care and make the best decisions about their health. The partnership builds on the 2017 pilot program with Independent
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Medidata Acquires SHYFT Analytics for $195M to Power Digital Transformation in Life Sciences
Medidata today announced that it has entered into a definitive agreement to acquire SHYFT Analytics for $195 million in cash, closing the loop on clinical development with commercial and real-world data analytics. SHYFT Analytics cloud data analytics platform for life sciences provides insights on 45B patient records and 2M providers. Medidata's unified platform, pioneering analytics, and unrivaled expertise power the development of new therapies for over 1,000 pharmaceutical companies, biotech,
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Cardiovascular Research Consortium to Provide Access to Real-World Heart Care Data Via TriNetX
Today TriNetX, the global health research network, announced that the Cardiovascular Research Consortium (CRC) has selected TriNetX’s real-world evidence platform to provide the biopharma industry with the first-of-its-kind access to extensive cardiology-specific clinical data. The CRC is a nationwide network of community-based cardiology practices and is one of the largest searchable cardiology patient bases in the U.S, treating an upwards of 3 million patients across 30+ states. Heart disease
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