Honor, an in-home care startup has raised $42 million in Series B funding led by Thrive Capital along with participating investors 8VC, Andreessen Horowitz and Syno Capital. The latest round brings the total funding raised to date up to $62 million. The San Francisco-based company plans to utilize the funding to accelerate its product development and go-to market growth strategy.Founded by serial entrepreneur Seth Sternberg in April of 2015, Honor connects consumers with in-home caregivers,
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Digital Health | News, Analysis, Insights - HIT Consultant
Study: Continuous Patient Monitoring Could Save Healthcare $15B
Continuous contact-free patient monitoring can save the US healthcare system up to $15 billion annually, according to peer-reviewed paper published in Critical Care Medicine. Conducted by researchers from Harvard School of Medicine, and a new Frost & Sullivan report, Finding Top-Line Opportunities in a Bottom-Line Healthcare Market, each hospital bed monitored with EarlySense enables hospitals to achieve a cost savings of approximately $19,940.The cited cost savings are attributed to
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Mayo Clinic, Philips Partner on Mt. Kilimanjaro Climb for Cardiac Research
Philips is collaborating with the Mayo Clinic to climb Mount Kilimanjaro on a research expedition to understand how the body reacts to the rigors of high altitude and how those learnings can be applied to improving human health. Because the lack of oxygen at high altitudes mimics oxygen deprivation in the body during a cardiac event, Philips researchers hope to understand how to better detect and prevent cardiac issues. The expedition starts on August 7 and its expected to last approximately 10
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FCC Launches Data-Driven Broadband Health Mapping Tool
The Federal Communications Commission’s Connect2Health Task Force has launched the Mapping Broadband Health in America tool, a web-based mapping tool that will enable and inform more efficient, data-driven decision making at the intersection of broadband and health. The tool represents another step in the broader effort by the Connect2HealthFCC Task Force to further chart the broadband future of health and care. By allowing users to ask and answer questions about broadband and health at the
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WellDoc, Human API Partner To Integrate Type 2 Diabetes Patient Data
Digital health technology company WellDoc has announced a partnership with health data platform Human API to integrate type 2 diabetes patient health data within WellDoc’s BlueStar digital therapeutic. As part of the collaboration, Human API’s data platform will provide WellDoc with real-time access to comprehensive clinical patient data from its network of 15,000+ pharmacies, health systems and laboratories. The steady flow of data is shared within a highly secure environment that ensures
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iBeat Raises $1.5M To Commercialize Its Heart Monitoring Smartwatch
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has raised $1.5M in seed funding. The oversubscribed seed round was led by Maveron, Subtraction Capital, and Correlation Ventures. Other investors include super-angels Ali and Hadi Partovi, NFL offensive tackle Russell Okung, KKR founding partner Henry Kravis, Band of Angels, and award-winning industrial design firm Ammunition Group. The digital
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Fitbit Taps Walgreens Executive As New VP of Digital Health
Fitbit announced that it has appointed Adam Pellegrini Vice President of Digital Health starting September 6th to lead Fitbit's vision and strategy of driving its integration into healthcare systems worldwide. In his new role, Pellegrini is responsible for helping Fitbit connect its products, information, data and insights in new and innovative ways into clinical settings. He will also focus on developing new partnerships with healthcare systems, insurers and other payers, pharma companies and
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Verily, GlaxoSmithKline Partner to Develop Bioelectronic Medicines
Alphabet company Verily (formerly Google Life Sciences) is teaming up with pharmaceutical firm GlaxoSmithKline to develop bioelectronic medicines. The new company, Galvani Bioelectronics headquartered in the UK aims to research, develop and commercialize implantable, miniature devices which could potentially treat illnesses such as arthritis, diabetes and asthma. As part of the agreement, GSK will hold 55% equity interest and Verily will hold 45% owned by Verily, and receive up to $712M funding
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CRF Health Acquires Remote Patient Monitoring Startup Entra Health
CRF Health, a provider of electronic clinical outcomes assessment (eCOA)solutions for the life sciences industry, has acquired remote patient monitoring-focused startup Entra Health. Financial details of the acquisition were not disclosed. For CRF Health, the acquisition will help the company expand its footprint in wireless medical and wellness devices market. Additionally, it will help strengthen its integration with its eCOA technologies to establish a complete network of solutions to
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Philips Unveils Clinically Validated Wearable Ecosystem for Consumers
Philips has announced the global launch of of their clinically validated wearable ecosystem for consumers designed to empower consumers to take greater control of their health. Starting today, the medical grade health monitoring devices -- a health watch, connected scale, blood pressure monitor and thermometer -- and a fully integrated companion HealthSuite Health App is now available. Over 66 million Americans over the age of 50 have at least one chronic disease, yet research suggests that up
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