Digital health funding has officially surpassed the $3B mark in Q3 of 2014 representing over 100% year over year growth, according to report from Rock Health, a full service seed fund for digital health startups. The report found the average deal size for the year dropped $2.5M per deal to $13.1M since the mid-year mark.
The largest funding deals in Q3 2014 include Proteus Digital Health ($52M), Teladoc ($50.3), and Chunyu ($50M). Analytics and big data startups raked in $381M leading the
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Digital Health | News, Analysis, Insights - HIT Consultant
75% of Adults Do Not Use Health Tracking Apps or Devices
75 percent of adults do not track their weight, diet, or exercise using a health tracking apps or devices, according a new nationwide survey conducted by TechnologyAdvice. The most commonly cited reasons for not tracking fitness or health is:
- no specific reason for not tracking their fitness (43.7 percent)
- a general lack of interest (27.2 percent)
- concerns over device cost (17.7 percent)
The report reveals while health tracking apps and devices have created an unprecedented
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Digital Health Venture Capital: 4 Areas VCs Are Betting On
When it comes to digital health venture capital, firms are focusing on four areas where they expect significant growth activity to take place.
The year 2014 has not just started out on a good note for the digital health and health IT market, but it seems to be all set to be the best year ever. The top 20 venture capital firms have been busy right from the start of the year investing in this arena and giving a massive boost to deal activity here. A CB Insights data report indicates that funding
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Pristine Nabs $5.5M To Expand Telehealth Through Google Glass
Google Glass medical app developers Pristine, announced today that it has raised $5.5M in Series A financing to expand telehealth through Google Glass. Pristine is only company that has developed a HIPAA-compliant video streaming and checklist solutions for Google Glass. The round was led by S3 Ventures which also included Capital Factory, HealthFundr, and a syndicate of strategic clients. The funding will be used to expand the company's R&D, sales, marketing, and operations teams,
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Digital Health Ear Thermometer Integrates with Apple HealthKit
Swaive has developed a digital health smart thermometer that integrates with Apple HealthKit on the iPhone or iPad. The bluetooth Swaive smart thermometer analyzes temperature and provides critical information to help monitor the health of the whole family.
How It Works
The smart thermometer is designed to be the easiest for anyone to use and obtain accurate results with a 0.01 degree professional grade accuracy to meet FDA requirements. Users simply put the device in the ear, press the
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Can Google Glass Transform Into A Real-Time Health Sensor?
The latest fixation on quantified self movement in the form of wristbands, cuffs and watches has been given a new dimension. It may now be possible to prevent diseases even before you start seeing visible symptoms. According to a recent study, researchers at Affective Computing Group, part of the MIT Media Lab and Georgia Institute of Technology, have transformed Google Glass into a health sensor.
The research team has found that the head-mounted wearable device can seamlessly monitor the
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Employee Digital Health Platform Jiff Closes $18M Series B Round
Employee digital health platform Jiff today announced an $18 million Series B round led by Venrock. Jiff provides an enterprise solution for self-insured employers to connect to and manage hundreds of innovative digital health tools, and provides each employee an individualized health incentives program through an addictive mobile experience.
“With founders James Currier and Stan Chudnovsky behind them, Jiff also has the best engagement and product design team we have ever seen in healthcare
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Big Data Cancer Platform COTA Secures $3.7M in Funding from Insurer
Big data cancer platform COTA closes $3.7M of planned $7M Series A funding round to make value-based cancer care delivery and reimbursement a reality.
The promise of value-based care and big data insights in healthcare are undeniable. But few have found a way to integrate it in a real-life setting and obtain the consensus of payers, providers, patients, technology partners etc. COTA, which today closed $3.7M in Series A funding from Horizon Healthcare Services, Inc. , is changing that status
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Digital Health Funding Expected to Top $6.5 Billion by 2017
Digital health funding is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture. The forecast is based on market analysis, project experience, third-party analysis and data from 2,000 digital health start-ups receiving funding between 2008 and 2013.According to Accenture, an estimated $2.8 billion was used to fund digital health start-ups last year, growing at an annual rate
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Health Data Aggregator Validic Adds New Integration & Research Partners
Validic, the healthcare technology interoperability platform for aggregating digital health data, announced today the addition of several new clients and partners, as they continue to expand and grow their global digital health ecosystem.
With the addition of several new clients, which include Alere, The Vitality Group, Everyday Health, Datu Health, and ShapeUp, Validic’s client population size increases from 72 million to 80 million lives. Validic continues in discussions with major health
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