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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Miraki Innovation Launches $175M Medical Technology Breakthrough Fund

by Fred Pennic 05/20/2019 Leave a Comment

Miraki Innovation Launches $175M Medical Technology Breakthrough Fund

Miraki Innovation has announced the launch of the Medical Technology Breakthrough Fund, a $175 million fund that will help finance and build the next generation of innovative medtech companies.Marking the third fund for Miraki’s founder, Chris Velis, Miraki's Medical Technology Breakthrough Fund will help support the company’s mission of identifying and solving the world’s most pressing health challenges through technology. Miraki leverages Chris’ unique, efficient and proven approach to
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$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open

by Fred Pennic 05/17/2019 Leave a Comment

$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open

This week, Hearst Health announced that submissions are open for the 2020 Hearst Health Prize, an annual award in its 5th year that recognizes outstanding achievement of organizations managing or improving population health in the United States. The call for 2020 submissions was announced in partnership with the Jefferson College of Population Health (JCPH).Hearst Health Prize OverviewThe Hearst Health Prize evaluates implemented projects that demonstrate improved population health outcomes (it
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UPMC Launches New Telemedicine Company to Tackle Infectious Diseases

by Fred Pennic 05/16/2019 Leave a Comment

UPMC Launches New Telemedicine Company to Tackle Infectious Diseases

UPMC, today announced the launch of a new telemedicine-enabled company to help hospitals address the nationwide shortage of physicians specializing in infectious diseases. Backed by the world-class ID expertise of UPMC, the new company named Infectious Disease (ID) Connect aims to improve outcomes while reducing transfers and keeping patients in their own communities for treatment.  Factors Driving Formation of ID Connect UPMC’s network of hospitals has been providing ID services to
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BHE Raises $78M To Expand Real-World Evidence Analytics Platform

by Fred Pennic 05/15/2019 Leave a Comment

BHE Raises $78M To Expand Real-World Evidence Analytics Platform

BHE, a Boston, MA-based innovative healthcare analytics company, today announced a $78 million minority growth investment led by Silversmith Capital Partners (“Silversmith”) and Leerink Transformation Partners (“LTP”). Instant Health DataThe use of real-world evidence (RWE) has grown rapidly within life sciences companies over the last several years, supported by the proliferation of large datasets, new computing technologies, and interest by both payers and regulatory agencies in understanding
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Solera Health Raises $42M to Scale Integrated Benefit Network for Chronic Disease Prevention

by Jasmine Pennic 05/15/2019 Leave a Comment

Solera Health Raises $42M to Expand Integrated Benefit Network

Solera Health, a Phoenix, AZ-based technology-enabled integrated benefit network has raised $42 million in Series C funding led by HCSC Ventures. Current investors BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures also participated in the most recent funding round. The Series C round, Solera's largest to date, brings its total funding to $72 million.Integrated Benefit NetworkFounded in 2015, Solera Health serves as an integrated benefit network
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StartUp Health Adds 11 New Startups to Army of Healthcare Transformers

by Jasmine Pennic 05/15/2019 Leave a Comment

StartUp Health Adds 11 New Startups to Army of Healthcare Transformers

StartUp Health, a platform where health transformers, partners, customers, investors, patients, and caregivers connect and accelerate the progress of the health moonshots.Here is a look at the 11 new members of Startup Health’s global army of healthcare transformers:1. Cityblock Health: Iyah Romm (Co-Founder & CEO)Cityblock is a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health
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Neural Analytics Lands $22M for Robotically Assisted Ultrasound System for Brain Health Assessment

by Fred Pennic 05/10/2019 Leave a Comment

Neural Analytics, Inc., a Los Angeles, CA-based medical robotics company developing and commercializing technologies to measure and track brain health has raised $22 million in Series C funding led by Alpha Edison and the Company has also issued warrants to purchase stock in connection to the financing. The investment brings Neural Analytics’ total funding to approximately $66 million.Impact of Neurological DiseasesNeurological diseases such as stroke affects more than 795,000 people each year
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MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

by Jasmine Pennic 05/09/2019 Leave a Comment

MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin

MATTER, a Chicago, IL-based healthcare incubator and innovation hub, and rMark Bio, a life sciences AI company announced the launch of Origin™ — a new product to further accelerate healthcare innovation via collaboration. Exclusively available to the MATTER community of startup members and partner organizations, Origin combines the power of machine learning with MATTER’s expertise in vetting, coaching and convening to match pharmaceutical companies, payers and health systems with the right
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DocuTAP and Practice Velocity Merge to Form Experity

by Fred Pennic 05/09/2019 Leave a Comment

DocuTAP and Practice Velocity Merge to Form Experity

Urgent Care EMR Software & Billing Services | Experity Warburg Pincus, a leading global private equity firm focused on growth investing, has officially merged DocuTAP and Practice Velocity— the two leading providers in the on-demand healthcare and urgent care space. Under the new brand name Experity, the company will deliver an expanded suite of on-demand healthcare solutions to power the patient-centered healthcare revolution.  Leadership Appointments Former
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Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers

by Fred Pennic 05/09/2019 Leave a Comment

Podimetrics Raises $13.4M for FDA-Cleared Solution to Prevent Diabetic Foot Ulcers (DFUs)

Podimetrics, a care management company with the leading solution to help prevent costly and deadly diabetic foot ulcer (DFUs) has raised $13.4M in Series B funding round from investors Rock Health, Norwich Ventures, and Scientific Health Development.Impact of Diabetic Foot Ulcers for PatientsDiabetic foot ulcers are a major complication of diabetes and are one of the most devastating and costliest diabetes complications -they can lead to debilitating amputations that cost on average $100k. In
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