Echo Health Ventures’ Matthew Karls explains how his new healthcare investment company is breaking the mold and why that’s a good thing for startups.Today’s digital health venture model is broken. That statement seems bold and contradictory to the fervor and flourish of funding that has poured into the space recently. However, most health-tech startups are predicted to fail within the first two years of operation—why?In 2014, venture funding in digital health smashed records surpassing $4.1
Read More
Digital Health | News, Analysis, Insights - HIT Consultant
New Jersey Innovation Institute to Launch Ideation Center for Digital Health Innovation
The New Jersey Innovation Institute (NJII) is partnering with Hackensack Meridian Health to launch a healthcare Ideation Center to support digital health innovation. The Ideation Center, located in Newark on the NJIT campus, will help create and launch the next wave of healthcare technology, products and services. The center will be run through NJII’s Healthcare Delivery Systems iLab that specializes in pairing New Jersey’s top innovators with companies whose mission is to change the face of
Read More
Guardian Makes Strategic Investment in PokitDok to Develop Blockchain Platform
GIS Strategic Ventures, the strategic investments arm of The Guardian Life Insurance Company of America has made a strategic investment in software development platform PokitDok. The company plans to utilize the investment to development of DokChain, blockchain for healthcare, and expand access to PokitDok’s API solutions that simplify patient check in, handle health insurance administration, calculate out of pocket estimates, and streamline other business processes associated with medical
Read More
Medical Device Cybersecurity Compliance Key to Avoiding Costly Litigation
As more medical devices are connected to networks and the internet, or feature wireless capabilities, discussions related to the security of these devices are heating up. Not only are there real concerns about the ability of hackers to access protected data via these devices, thus causing major data breaches, there is also a growing concern about the potential for an attack on connected medical devices to cause patient injury. In fact, concern about the safety of these interoperable medical
Read More
Remote Physical Therapy Solutions – Mobility is Essential for Delivering Value
Editor's Note: Robert Haywood is the Senior Marketing Manager at Breg, a provider of premium, high-value sports medicine products and business solutions that advance orthopedic patient care.Game console therapy solutions were originally designed for use in skilled nursing and facility settings. Recently, their use has expanded to include pre-and post-operative therapy at home. Game console therapy involves performing exercises in front of a TV using an Xbox® or camera enabled laptop/tablet
Read More
GlobalMed Acquires On-Demand Telehealth Startup TreatMD
Telehealth delivery provider GlobalMed has acquired TreatMD, a Miami, FL-based telehealth startup for an undisclosed sum. TreatMD first introduced the first International platform for Telemedicine referred to as an "On-demand Healthcare Platform" that also combines the management of office visits, in-home visits, insurance reimbursement, E-Prescribing, and mHealth devices and monitoring.Upon completion of the acquisition, GlobalMed plans to integrate TreatMD's platform with its existing
Read More
Kinsa Closes $17M in Financing to Develop Additional Digital Health Products
Kinsa, the company behind the world’s first FDA-cleared smartphone-connected thermometer has closed $17 million in additional financing from GSR Ventures, Kleiner Perkins Caufield Byers, FirstMark Capital and others. The funds will be used to develop additional smart products and services to further Kinsa’s mission to better track and stop the spread of illness. Features such as wellness tips, real-time fever guidance, medication reminders, connection to physicians, local health information and
Read More
HealthTaps Expands Global Health Practice to Spanish Speakers Worldwide
Starting today, HealthTap's global health practice provides 24/7 immediate access to top U.S. doctors and their knowledge via video, text, or voice in Spanish via HealthTap Español mobile apps and website. HealthTap continues to significantly expand access to high-quality, compassionate care for the the majority of the residents in 21 countries where Spanish is the official language and to more than 570 million Spanish speakers worldwide.According to a report released by the U.S. Census Bureau,
Read More
Survey: Providers & Patients Disagree on How Long It Takes Patients to Pay
Providers and patients disagree on how long it takes patients to pay, according to key findings from Navicure's first Patient Payment Check-Up. The recent survey conducted by HIMSS Analytics and fielded in January 2017 assesses differences in attitudes and behavior between those billing for healthcare and those paying for it. The survey reveals over half of providers (51%) say it takes their average patient more than three months to pay their full balance. Only 18 percent of patients claim it
Read More
Breg Launches Wearable Sensor to Improve Patients’ at-Home Recovery Following Orthopedic Surgery
Breg, Inc., a provider of integrated solutions that help improve the quality and lower the cost of the orthopedic episode has launched Breg Flex – a first-of-its-kind mobile health solution designed to facilitate and improve patients' at-home recovery following orthopedic surgery. Breg Flex makes at-home physical therapy (PT) more convenient and engaging for patients which promotes protocol adherence, resulting in the potential to improve outcomes, reduce costs and provide a better patient
Read More
