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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Digital Health | News, Analysis, Insights - HIT Consultant
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
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
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
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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7 Google Ventures Poised to Revolutionize Healthcare
Forget the “sky’s the limit.” Google is reaching for the moon when it comes to healthcare innovation.
Call it bold. Call it ambitious. But one thing you can’t call Google’s recent foray into healthcare innovation is, well, subtle. With a mission to make “The world’s information useful,” and capitalize on its big-data prowess, Google is preparing to carve a serious space for itself in healthcare—right between data-enriched innovation and research revelation.
It seems like the
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Study: 41% of Home Caregivers Use A Digital Health Device
41 percent of caregivers in U.S. broadband households currently use a digital health device as part of their caregiving routine, including 8 percent who use online tools to coordinate their efforts, according to recent research from Parks Associates.
The research firm's latest report, 360 View: Health Devices and Services for Connected Consumers 2014 analyzes multiple consumer surveys, including a 2Q 2014 survey of 10,000 U.S. broadband households, to analyze consumer health and
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Can A Google Glass App Help the Hearing Impaired?
Close to 30 million people in the US alone suffer from hearing impairment. Researchers at Georgia Tech have developed a Google Glass app especially designed for the hearing impaired called Captioning on Glass (CoG). How does the technology work? Is it genuinely useful to the hearing impaired? What are the pitfalls of the app? While some researchers say that it is possible, others deny it.
How does Google Glass work for the hearing impaired?
A Georgia Tech research team is credited with
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Texas Medical Center and Village Capital Launch Program for Digital Health Startups
Texas Medical Center (TMC) and Village Capital, a managed investment fund and nonprofit focused on supporting impact-driven entrepreneurs, have joined forces to launch the VilCap USA: Health IT 2014 program, which will support early-stage businesses that are seeking digital health and business solutions to make healthcare more affordable and of a higher quality for all Americans.
Program & Model Overview
The program is structured in four intensive four-day sessions over three months, with
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Aetna Foundation Launches $4.5M Healthier World Innovation Challenge
The Aetna Foundation today announced the Healthier World Innovation Challenge, a $4.5 million initiative designed to steer digital health innovation to improve chronic health outcomes in underserved communities.
Overview
The Challenge is part of a larger, three-year digital health commitment by the Aetna Foundation to help address public health concerns. With the addition of the Challenge, the Aetna Foundation’s commitment to digital health will now total $5.7 million between 2014 and 2016.
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