Minnetonka-based health insurer UnitedHealth Group has launched a tender offer as an initial step towards acquiring Empresas Banmédica, a leading healthcare provider and insurer serving Chile, Colombia and Per for nearly six million people across more than 40 hospitals. The $2.8B bid would expand UnitedHealth Group's operations in South America, where the largest health insurer in the United States already is a large healthcare provider and insurer in Brazil. The announcement comes on the heels
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Precision Medicine Group Raises $275M to Support Biomarker-Guided Drug Development
Precision Medicine Group (PMG), an integrated team of experts focused on biomarker-guided drug development has raised $275 million in funding led by Berkshire Partners and TPG Growth and also includes significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. . This investment will support the expansion of PMG’s global footprint and provide additional scale to accelerate the development, approval and
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Healthcare Blockchain Startup Mint Health Unveils White Paper for Vidamint Tokens
MintHealth, a global decentralized health platform with a portable, secure, and self-sovereign personal health record (PHR) built on blockchain technology and designed to drive healthy patient behavior through the Vidamint™ token. MintHealth announces the immediate availability of the associated white paper behind a planned Vidamint (VIDA) token sale in Q1 of 2018. The company also announces the addition of Wyche “Tee” Green, III, founder and director of Greenway Health™, to the MintHealth Board
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Healthcare Blockchain Startup BurstIQ Files Patent Application for Mobile Cryptocurrency Wallet
BurstIQ, Inc., a HIPAA-compliant healthcare blockchain data record integration and security company has filed provisional patent applications covering uses of blockchain to enable mobile cryptocurrency wallets. The patent applications incorporate the IP of both BurstIQ’s proprietary blockchain machine intelligence platform and proprietary eWallet technology and payment platform by partner Unified Signal. Once granted, these new patents will expand BurstIQ’s intellectual property portfolio and
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Big Health, Castlight Health Partner to Offer Clinically-Proven Employee Mental Health Solution
Digital medicine company Big Health, today announced a new partnership with leading health navigation platform provider Castlight Health. Now through Castlight’s suite of digital health and wellness solutions, employers will be able to seamlessly deliver improved sleep and mental health to their employees with Big Health’s digital sleep improvement program Sleepio.Sleepio is clinically proven to help individuals overcome insomnia as well as improve anxiety and depression via a web and mobile
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BioSymetrics Launches Analytics Platform to Revolutionize AI in Biomedicine
BioSymetrics, Inc., a technology company that aims to transform data analytics for the biomedical industry, today announced the launch of its pre-processing and analytics platform, Augusta. Augusta is a proprietary technology that allows standardized processing and integration of multiple, diverse raw data types, facilitating rapid deployment of AI projects in precision medicine, drug discovery, and digital health data applications. Currently, Augusta provides over 150 modules for the processing
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Biotricity Awarded FDA 510(k) Clearance for its Biometric Remote Monitoring Device
Biotricity - a medical diagnostic and consumer healthcare technology company dedicated to delivering innovative, biometric remote monitoring solutions, that details how the Company has received its 510(k) clearance for its Bioflux device with the U.S. Food and Drug Administration (FDA). This latest 510(k) is the final FDA requirement needed for Biotricity to bring to market Bioflux in the U.S.Bioflux consists of a proprietary mobile ECG monitoring device and an ECG viewer software package, that
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Stitch Health Launches Care Coordination Platform for Healthcare Teams
Today Stitch Health, which aims to make it easy for healthcare teams to provide incredible patient experiences, unveiled their new care coordination platform for providers to work better together. The company's HIPAA-compliant, cross-platform (desktop, iOS, and Android), searchable by a patient, and integrates with existing electronic health records (EHRs). The platform offers tools for three categories of healthcare work: team communication, patient engagement, and patient management.Stitch
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Cigna Acquires Brighter to Expand Digital Health Engagement of Consumers
Health insurer giant Cigna has announced the acquisition of Brighter Inc., a SaaS-based digital health plan platform and engagement service provider to leading health services organizations. The acquisition of Brigther's digital health plan platform will build upon the already successful relationship between Cigna and Brighter by accelerating the development of Cigna’s mobile and desktop platforms and creating new end-to-end experiences that connect health consumers and providers with the
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Healthcare Blockchain Startup Curisium Raises $3.5M to Facilitate Patient-Centric Contracting
Curisium, a Manhattan Beach, CA-based healthcare blockchain startup has raised $3.5 million in seed funding from Flare Capital Partners, New Enterprise Associates (NEA), Shuttle Fund, Sanofi Ventures, and Green Bay Ventures. Founded by Peter Kim and Francis Lam, Curisium's healthcare blockchain-based platform eanable payers, providers, and life science companies to efficiently and securely engage in innovative, patient-centric value-based contracts. Nearly a third of the payments in the $3T US
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