In the Life Sciences research space, there has been a tendency to underinvest in technology. As a result, much of the current infrastructure is outdated, fragmented and unable to keep up with breakthroughs in modern science and technology.To help solve this technology challenge, Accenture, Merck and Amazon Web Services (AWS) are announcing a new, pre-competitive collaboration to launch a cloud-based informatics platform that will allow Life Sciences companies improve productivity, efficiency,
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Digital Health | News, Analysis, Insights - HIT Consultant
MedTech Startup Endotronix Lands $45M for Heart Failure System
Endotronix, Inc., a digital health, MedTech company dedicated to advancing the treatment of heart failure, today announced it has raised $45 million in Series D funding led by LSP, investing from its LSP Health Economics Fund 2. The round also included participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate strategic investor.The medtech startups plans
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Cigna Launches $250M Healthcare Innovation Fund Focused on Early and Growth Stage Startups
Today, global health service company Cigna announced the launch of Cigna Ventures, a corporate venture fund to invest in emerging companies driving transformation and innovation in health care. Cigna Ventures is launching with $250M in capital to invest in both early and growth stage startups dedicated to unlocking growth opportunities in healthcare across three strategic areas:- Insights and Analytics: Risk Assessment, Network Optimization, and Patient Care Plan- Digital Health and Retail:
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6 Leading Health Chatbots to Watch in 2018 & Beyond
Chatbots have become almost commonplace in e-commerce, but they have recently started to emerge in the healthcare sector, as well. Various small companies are currently developing apps and raising venture capital, while some have already launched their chatbots.What are health chatbots, exactly? Chatbots are services that people interact with through a messenger. Instead of having a conversation with another person, the user talks with a bot that's either powered by basic rules or machine
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AliveCor Receives “Breakthrough Device” Designation from FDA for Bloodless Hyperkalemia Test
AliveCor, a Mountain View, CA-based digital health startup developing solutions to transform cardiac care, announced on Monday received “breakthrough device” designation from the U.S. Food and Drug Administration for their bloodless hyperkalemia test. Developed with Mayo Clinic, AliveCor’s KardiaK Platform screens for elevated levels of blood potassium – hyperkalemia, without requiring any blood from the patient.This designation signals that the FDA will consider the technology on an
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Future of Medicine: Why Everyone in Healthcare is Looking at Your Wrist
When you look at your wrist, you’re looking at the future of medicine. Wrists offer the potential that nothing else in the health technology world can offer: round-the-clock, non-intrusive contact. For people enduring chronic illness and doctors treating it, this can mean, in the near future, a seamless, two-way flow of information about medication use and the circumstances where health events, such as asthma attacks, or hypoglycemic events occur.Children with asthma, for instance, using a smart
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TechAids Launches Research-Based, Virtual Reality Concussion Education for Youth Athletes
TeachAids , a 501(c)(3) nonprofit leader in global education innovation, today announced its next research-based interactive education product: CrashCourse, for nationwide concussion awareness and instruction. This educational software has been developed over a two-year period with many of the world’s leading researchers and clinical experts in concussions and curriculum development. These groups worked closely together to better understand and evaluate the common stigma that has grown in the
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Formativ Health Integrates with Lyft for Non Emergency Medical Transportation
Formativ Health, a technology-enabled health services company focused on transforming the patient-provider experience, today announced an integration partnership with ridesharing company Lyft for on-demand transportation to medical appointments for patients. According to a 2017 study by the American Hospital Association, nearly four million patients per year miss out on care, due to lack of available transportation options related to cost or geographic barriers. These missed appointments make it
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Israeli Startup Alpha Tau Medical Raises $29M for Radiation Cancer Therapy
Alpha Tau Medical, an Israeli medical tech startup developer of a breakthrough alpha radiation cancer therapy, today announced it has raised $29 million in funding led by Shavit Capital. The round also included participation from OurCrowd.com, Medison Ventures and significant private investors contributed to the funding round including the preeminent international social impact VC and private equity investors, Sir Ronald Cohen and Alan Patricof, the founders of Apax Partners.Founded in 2016,
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Cricket Health Raises $24M to Transform Patient-Centric Kidney Care
Cricket Health, a tech-enabled provider of integrated kidney care, today announced it has raised $24 million in Series A funding led by Oak HC/FT. Other participants in the round include additional new investors include Cigna Corporation, LifeForce Capital, iSeed Ventures, Joe Montana’s Liquid 2 Ventures, Rock Health co-founder Halle Tecco, and Virta Health co-founder Sami Inkinen. Returning investors include First Round Capital, Box Group, Nexus Ventures, Seven Peaks Ventures, Aberdare
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