Genome editing-based company, Precision BioSciences announced it has closed $25.6 million Series A financing led by venBio. The Research Triangle Park, North Carolina-based company's oversubscribed round was also joined by Fidelity Biosciences, Amgen Ventures, Baxter Ventures, Osage University Partners, the Longevity Fund, and two well-known public market investors. As part of the Series A round, Robert Adelman of venBio and Ben Auspitz of Fidelity Biosciences will join Precision’s Board
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Digital Health | News, Analysis, Insights - HIT Consultant
ONC Awards $300k to 6 Digital Health Projects
The Office of the National Coordinator for Health Information Technology (ONC) has announced the winners of the inaugural ONC Market R&D Pilot Challenge. The ONC Market R&D Pilot Challenge breaks down the barriers between promising start ups and health care stakeholders by helping early-stage digital health companies connect with health care organizations that would host pilot programs. The innovative technologies developed by these companies are integral to improving consumer engagement
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Boehringer Ingelheim, Sutter Health Establish Digital Health Research Collaboration
Pharma giant Boehringer Ingelheim and Northern California-based health system Sutter Health has announced the start of a five-year research and health care innovation collaboration, which will explore and test the value of digital health solutions, mobile technologies, and insights from advanced data analytics in the delivery of health care.
The initiatives will combine Boehringer Ingelheim's research and development expertise in novel medications to address unmet therapeutic needs with
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14 Centers to Use IBM Watson for Cancer Genetics
Fourteen US and Canadian cancer centers announced it will used IBM Watson to compare a patient’s tumor genetic fingerprints to databases of cancer genes and findings of scientific papers and clinical trials on cancer in a matter of minutes, BI reports. Oncology is the first specialty where matching therapy to DNA has improved patient outcomes and has inspired President Obama’s “Precision Medicine Initiative” announced in January.
Typically, drugs targeting cancer-causing mutations can takes
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Wearable Fitness Leader Fitbit Files for IPO
On Thursday, wearable fitness tracking company Fitbit Inc. announced it has filed for an initial public offering (IPO), according to SEC filing. The company is looking to raise $100 million and will trade on the New York Stock Exchange (NYSE) under the ticker symbol FIT. In March, the fitness tracking company valued itself at roughly $1.2 billion. Fitbit's platform features six wearable connected health and fitness trackers that automatically track users’ daily steps, calories burned, distance
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Gartner Names the “Coolest” Vendors for Healthcare Providers and Payers, 2015
New Gartner report highlights 2015's “coolest” innovative vendors for healthcare providers and payers.
What makes a healthcare vendor cool? Innovative solutions that solve real challenges for the healthcare C-suite and payer market, according to recent Gartner reports. Each year, Gartner carefully selects a list of “Cool Vendors” representing innovative technologies and business models.
For healthcare providers, these vendors offers provider CIOs, CMIOs and IT leaders offer innovative
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IBM Watson, Welltok Help Centura Health Deliver Concierge Consumer App
Digital health company Welltok, today announced that the Centura Health Heart and Vascular Network is implementing a new consumer engagement solution called CafeWell Concierge, an app powered by IBM Watson. Centura Health, a leading network of heart and vascular care is the first organization to embrace the app and roll it out to consumers who are transitioning back to everyday life after experiencing a heart condition.
App Features
The goal is to support and guide consumers in their
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Sherpaa Raises $2.25M to Expand Employer Telehealth Visits
NYC-based digital healthcare company, Sherpaa, has raised $2.25 million, bringing the company’s totally funding to $8 million. Investors for this round are O'Reilly AlphaTech Ventures, Softbank and Draper and Associates.
Co-founded by Dr. Jay Parkinson MD, MPH in 2012, New York-based, Sherpaa is a health service that HR executives can provide on top of insurance plans. It allows employees to have access to physicians 24/7 through phone or asynchronous text communication as well as insurance
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Rare Genomics Institute to Study Impact of Crowdfunding on Rare Diseases
The Rare Genomics Institute (RG) is launching a new study aimed at determining how crowdfunding can promote scientific research to help rare disease patients called Amplify Hope Initiative. RG is an international non-profit providing rare disease patients with access to state of the art genomics sequencing technology, connections to scientists and researchers, and help for payment of these services through grants, insurance, or crowdfunding.
Study Details
Patients will be lead through
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IBM Watson Health, Epic, Mayo Clinic to Apply Cognitive Insights to EHRs
IBM Watson Health is collaborating with Epic and Mayo Clinic to advance patient health by applying the cognitive computing capabilities of Watson to EHRs. As Watson's capabilities are applied to EHRs, patients and providers benefit from more rapid and thorough analysis of the medical factors that could impact an individual's health and wellness.
Epic Integration with Watson Details
For Epic, interoperability with Watson will enable these institutions to apply the cognitive capabilities of
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