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Digital Health | News, Analysis, Insights - HIT Consultant

Real Estate Developer to Raise $20M to Build Digital Health Startups in San Francisco

by HITC Staff 01/19/2015 Leave a Comment

Alexandria Real Estate

  Alexandria Real Estate Equities, the largest owner and developer of real estate for the life-sciences industry in the nation wants to raise up to $20 million to build digital health startups in San Francisco, SFGate reports. Last year, the real estate developer announced that it would start three new accelerators nationwide to focused on agriculture, biotech and digital health. The biotech space is already up and running in New York City and has attracted giant pharma companies such as
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Top 5 Digital Health Categories Poised for Growth in 2015

by Erica Garvin 01/13/2015 Leave a Comment

Top 5 Digital Health Categories Poised for Growth in 2015

Is digital health an investment bubble set to burst? Rock Health’s Malay Gandhi weighs in. The ball may have dropped on another new year, but 2014 was known as the year venture funding picked up the ball and ran for it— when it came to digital health. According to a recent report released by Rock Health, a record total of more than $4 billion was poured into the space last year, and it’s poised to keep on growing in 2015. “This is not a bubble,” said Malay Gandhi, managing director
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Sharecare Partners with HCA to Create Digital Patient Engagement Solution

by HITC Staff 01/12/2015 Leave a Comment

sharecare

Sharecare, an online health and wellness engagement platform, today announced at the JP Morgan Healthcare Conference a strategic collaboration with HCA to accelerate innovation through the creation of new patient engagement solutions. HCA also made a financial investment in Sharecare during 2014, and the companies are exploring opportunities to create a joint innovation lab. Financial terms of the investment were not disclosed. Sharecare and HCA first began working together in December 2013,
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Augmedix Raises $16M to Expand Google Glass in Doctors’ Offices

by Fred Pennic 01/12/2015 1 Comment

Google Glass Starup Augmedix

Today, Augmedix announced that it has received $16 million in Series A venture funding co-led by the company's seed investors Emergence Capital and DCM Ventures. Augmedix plans to utilize the capital to expand to expand operations, fuel product development, and establish new partnership initiatives. Augmedix has raised $23 million in total venture funding to date.  Founded by Stanford grads CEO Ian Shakil and Chief Product Officer Pelu Tran in 2012, Augmedix — a service powered by Google
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Rise of the “Internet of Healthy Things”

by Our Thought Leaders 01/12/2015 Leave a Comment

Rise of the "Internet of Healthy Things"

  People are embracing connected objects that are actively caring for them. As the decades have gone on, we’ve seen everything around us advance technologically at a rapid pace. Looking at Moore's law, you can see the observation that the number of transistors in a dense integrated circuit doubles approximately every two years. This in turn has allowed faster innovation in technology in every sector, from social networks, search engines and banking, to name a few. Despite all of
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Health Optimization Platform Welltok Closes $37M Funding Round

by Fred Pennic 01/08/2015 Leave a Comment

Health Optimization Platform Welltok

Welltok, developer of the CaféWell Health Optimization Platform™, officially closed its most recent funding round of $37 million. Two new investors join the round, Hearst Health Ventures, a unit of Hearst Corporation focused on investments in health IT and technology-enabled healthcare services, and Catholic Health Initiatives (CHI), one of the nation’s largest health systems. This brings Welltok’s completed funding in 2014 to $59 million.  Hearst and CHI join the Series D round led by
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Big Data Firm Inovalon Files First Digital Health IPO of 2015

by Jasmine Pennic 01/05/2015 Leave a Comment

Big Data Firm Inovalon Files First Digital Health IPO of 2015

Inovalon Inc., a provider of cloud-based analytics and data driven platforms technology for healthcare filed for an initial public offering on 12/30/14, according to SEC filing. The Bowie, Md.-based company is seeking $500M in its initial public offeringand has applied for listing on NASDAQ under the ticker "INOV" making it the first digital health IPO of 2015. The big data firm outlines in the SEC filing that it will use the proceeds from the IPO for "acquisitions of complementary businesses,
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Real-time Health Monitoring Will Revolutionize Patient Home Care in 2015

by Our Thought Leaders 01/05/2015 Leave a Comment

Home Care Management Startup eCaring Raises $3.5M in Series A Funding

  Founder and CEO, Robert Herzog of eCaring describes how tailoring programs for special patient populations will improve patient home care while reducing risks of hospital readmissions.  Real-time health monitoring including the patient's home continues to gain importance as pressures come from a variety of sources to reduce risks and costs of readmissions and hospitalizations. The Centers for the Medicare and Medicaid Services (CMS), enforcing the 2012 Medicare Readmission
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Rock Health: Digital Health Funding Tops $4.1B in 2014

by Fred Pennic 01/02/2015 Leave a Comment

Rock Health Digital Health Funding

Digital health funding surpassed $4.1B in 2014 according to the recent Digital Health Funding: Year in Review 2014 Report by Rock Health. Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2014 Report, an in-depth analysis report of all digital health funding in 2014. The report found digital health funding in 2014 surpassed $4.1B, nearly the total of all three prior years combined, and
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Infographic: 2014 Periodic Table of Digital Health Investments

by Fred Pennic 12/30/2014 Leave a Comment

Infographic: 2014 Periodic Table of Digital Health Investments

2014 was an all-time record for digital health investments, with over $4B pouring into the health IT/digital health space, according to Rock Health. The San Francisco based full service seed fund for digital health startups recorded over ~120% growth YoY for total dollars invested, with an absolute growth of over $2.2B. The CAGR over the past four years is 44%. More than 287 companies have been funded this year—107 more than last year, representing 58% YoY growth.   Periodic Table of Digital
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