Regroup Therapy, a telehealth startup providing virtual mental health visits to treat depression and other issues, announced it has raised $1.5 million in seed funding led by Hyde Park Angels. The funding also included participation from OCA Ventures, Impact Engine, New Stack Ventures, Harvard Business School Alumni Angels of Chicago and MD Angels. Grubhub co-founder Mike Evans and Lou Malnati's Pizzeria president Mark Agnew also invested in the seed round. Founded in 2011, the Chicago-based
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Digital Health | News, Analysis, Insights - HIT Consultant
India Startup HealthifyMe Lands $6M for Mobile Weight-Loss Coach App
Bangalore, India-based mobile health and fitness startup HealthifyMe has raised $6 million in Series A funding led by IDG Ventures India, Inventus Capital and Blume Ventures. The company is the only health app in India to receive Top Developer Badge – Google Play’s highest recognition for quality and innovation.The digital health startup plans to utilize the funding to scale its mobile weight loss app. Additionally, the company plans to hire 40 engineers, designers and product managers by the
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Walgreens To Expand Mental Health Services Via Telehealth
Walgreens announced today it will expand mental health services including access to behavioral health treatment via Breakthrough, an MDLIVE telehealth company to treat addiction, depression, stress and other behavioral health concerns. With the addition of Breakthrough, Walgreens consumers will now also have access to more than 1,000 licensed therapists nationwide to schedule secure telehealth video sessions by appointment. The collaboration between MDLIVE and Walgreens first launched in
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NantHealth Files for $92M IPO: 8 Things to Know
On late Friday last week, NantHealth, a company combining genomic science and big data to transform healthcare filed for an initial public offering to raise up to $92 million in capital, according to a filing with the Securities and Exchange Commission.NantHealth's approach to the science and delivery of precision care is powered by their integrated and adaptive Systems Infrastructure, Knowledge Platform,Provider Platform and Payor Platform known as Comprehensive Learning Integrated NantHealth
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Report: Precision Medicine Already Has Measurable Impact on Patient Outcomes
Over two-thirds of healthcare organizations say precision medicine is already having a measurable effect on patient outcomes, according to a new study from Oxford Economics and SAP. The research study includes a survey of 120 healthcare professionals from research, life sciences, and healthcare organizations in North America and Europe, along with in-depth interviews with experts in the field. The report highlights what healthcare and pharmaceutical organizations are doing to accelerate the
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Fitbit Sells 4.8 Million Wearables in Q1 2016, $505M in Revenue
Fitbit, Inc., a provider of connected health and fitness market this week reported it sold 4.8 million connected health and fitness devices in the first quarter of 2016. The wearables company reported total revenue of $505.4 million, GAAP diluted net income per share of $0.05, non-GAAP diluted net income per share of $0.10, and adjusted EBITDA of $45.1 million, for its first quarter of 2016.Successful Launch of Fitbit Blaze and Alta Weraables 47% of the reported revenue was driven by the recent
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ID Genomics Awarded $3.5M NIH Grant To Develop Genetic Barcoding Database for Antibiotic Treatment
Seattle biotech startup ID Genomics has been awarded a $3 million National Institutes of Health (NIH) grant to develop a genetic "barcoding" test and global database to help doctors prescribe the correct antibiotic before patients leave the clinic.The rapid (30-minute) genetic “barcoding” test uniquely identifies bacterial strains that are stored in a proprietary database and linked to particular antibiotic resistance profiles. This database can then be used by doctors to quickly identify
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Recent Digital Health Hires and Departures
Halle Tecco Steps Down from Rock Health Rock Health’s Founder and Managing Director Halle Tecco announced that she is stepping down from the full-service digital health fund via Twitter on Wednesday. 1/ After nearly six years of helping build @Rock_Health, I’ve made the difficult decision to move on.— Halle Tecco (@halletecco) May 4, 2016Apple Taps Google X founder to Lead Healthcare ProjectsApple has tapped Yoky Matsuoka, a cofounder of Google's experimental Google X division and former VP of
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IBM, Bausch + Lomb Partner to Develop App for Cataract Surgeons
Global eye health company Bausch + Lomb and IBM are teaming up to develop the first of its kind iPhone and iPad app for surgeons who perform cataract surgery. The app will allow surgeons to streamline their workflow by delivering patient information and clinical insights as well as intraocular lens (IOL) options on a single, digital platform at the point of care. Pilot study testing for the new app is expected to begin in late 2016.The app will be designed to send patient data across iPhone and
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Hacking Medicine Institute Launches Health Apps Review Program
The Hacking Medicine Institute (HMi), a non-profit organization, has launched RANKED Health, a program to critically evaluate and rank health-focused applications and connected devices for better disease monitoring and management. Spun out of the MIT Hacking Medicine Initiative,this program will not only provide independent, unbiased and accurate information to empower providers and consumers to confidently choose new products and services for monitoring and managing specific conditions, but
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