Contessa Health, Inc., a Nashville, TN-based provider of episodic risk arrangements and home hospitalization programs has $7 million in funding led by Noro-Moseley Partners. The round also included participation from existing investors BlueCross BlueShield Venture Partners, Martin Ventures and Sandbox Advantage Fund, as well as new investors, Nashville Capital Network and the Marshfield Clinic Health System. The startup plans to utilize the latest funding round to scale its operations to expand
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Digital Health | News, Analysis, Insights - HIT Consultant
Philips Receives FDA 510(k) Clearance for Lumify Ultrasound Device
Royal Philips today announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for Lumify, its smart-device diagnostic ultrasound solution. The pocket-sized and lightweight S4-1 transducer now offers advanced sensitivity and exceptional high-resolution 2D image quality, along with new exam pre-sets, allowing clinicians to quickly triage and assess their patients like never before. Unveiled in late 2015, Lumify, the Philips smart device powered ultrasound
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PierianDx Acquires Tute Genomics for Integrated Personalized Medicine
PierianDx, a provider of clinical genomic analysis, interpretation and reporting has acquired Provo, UT-based Tute Genomics. For PierianDx, the acquisition of Tute Genomics’ leading constitutional and exome testing capabilities will provide a single clinical platform for best in class clinical workflow support of somatic cancer and constitutional testing. Financial details of the acquisition were not disclosed.The transaction includes incorporating Tute leadership, advisors and developers into
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Iora Health Nabs $75M to Expand Relationship-Driven Primary Care Clinics
Iora Health, a Boston, MA-based health system that aims to deliver relationship based primary care, raised $75 million in Series D funding led by Singapore-based Temasek. The Series D round also included participation from from existing investors .406 Ventures, Flare Capital Partners, F-Prime Capital, GE Ventures, Khosla Ventures, Polaris Partners, and Rice Management Company. The company plans to utilize the funding to expand into new markets and invest further development of its proprietary
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Healthcare is Riddled With Throwing Tech on Top of Broken Processes
Co-founder of Healthfundr’s Quad Aim Fund Dave Chase talks about healthcare moving beyond the Triple Aim, and why it’s imperative health-tech developers and investors follow suit.It’s time to let go of the status-quo. That may sound like a great slogan for a t-shirt, but it’s more like a resounding battle cry for U.S. healthcare at large. Patients, providers, health-tech developers and investors need to recognize the failings of today’s system to prompt and promote real change—and it’s going to
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Urgency, Responsibility, Not Digital Health Devices, Will Improve Patient Engagement
We will get to a point in the not-too-distant future where EHRs are a great deal more functional and user friendly, where APIs link most if not all healthcare IT platforms and clinical devices, where personal wearable technology enables remote monitoring of patient condition.These are largely technical challenges with some policy mixed in that can be solved through improved technology and targeted incentives. In the meantime, as technology progresses, American healthcare faces some more
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Highmark to Offer Welltok’s CaféWell Rewards Platform for Medicare Plans
Highmark, the fourth largest Blue Cross and Blue Shield-affiliated company has partnered with Welltok to reward Highmark’s Medicare Advantage Passport program members for healthy actions through Welltok’s CaféWell Rewards platform. By creating a single destination where seniors can access information related to their health and well-being, the collaboration aims to close gaps in care and advance population health efforts. With Welltok’s CaféWell Rewards, Highmark is now rewarding healthy
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HealthTap Provides Free Access to Doctor Consultations for Hurricane Matthew Victims
HealthTap, the world’s first Global Health Practice providing 24/7 immediate access to doctors via video, text or voice has extended its free assistance to the victims of Hurricane Matthew from the United States to Haiti and other countries impacted by the storm. Natural disasters, including severe hurricanes like Matthew, often prevent people from accessing care, and healthcare resources are often overstretched or otherwise unavailable during such events. In response to Hurricane Matthew,
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Seniorlink Raises $7.5M for Collaboration Platform for Caregivers
Seniorlink, a Boston, MA-based provider of a coaching and collaboration platform for caregivers has raised $7.5m in funding led by NewSpring Capital. The company plans to utilize the latest funding round expand development of its coaching and collaboration platform, Vela. Founded in 2000, Seniorlink supports family caregivers by expanding the choices available for those in need of care and support. In 2005, the Company introduced Caregiver Homes, an in-home care model that empowers and
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Kindly Care, the Uber for Caregivers, Launches With $3.1M in Funding
Digital health startup Kindly Care has officially launched today with $3.1 million in seed funding to expand its self-service care management platform, which provides private employers with the tools and services that are typically reserved for agencies and hospitals. The funding was led by MHS Capital, with participation from Floodgate and Jackson Square Ventures. Kindly Care will use the funds to grow its unique suite of tools and services that empower families to be more in charge of the
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