AltheaDx, Inc., a San Diego, CA-based commercial stage molecular diagnostics company specializing in the field of personalized medicine has raised $27 million in Series D funding. The company is a CAP-accredited, CLIA-certified laboratory and plans to utilize the funding to expands its sales force and marketing efforts to grow internationally.IDgenetix, the company’s product testing portfolio, enables personalized therapeutic decisions for patients suffering from some of the most prevalent
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
HealthVerity Raises $10M for Cloud-based Platform to Explore & Acquire Healthcare Data
HealthVerity, a cloud-based platform to discover, license, and link HIPAA compliant and de-identified healthcare data has raised $10 million in Series B financing led by Flare Capital Partners and Greycroft Partners. The funding includes participation from Foresite Capital and additional strategic healthcare investors. The Philadelphia, PA-based startup plans to utilize the funding to expand its healthcare data ecosystem, advanced privacy solutions and proven data interoperability
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MPIRICA Health Raises $4.6M for Scientific Hospital and Surgeon Scoring Platform
Mpirica Health, Inc., a Bellevue, Washington-based healthcare quality transparency company.has raised $4.6M in funding led by OurCrowd with participation from a private Seattle-based equity fund. The startup plans to utilize the funding to accelerate its national roll-outs to customers in the Medicare Advantage and employer benefits space, and to scale its cognitive technology platform.Founded in 2014 by Shakil Haroon, Founder and CEO, MPIRICA has developed a patent-pending scoring system that
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Patientory Launches Healthcare’s First Crypto-Token To Deliver Blockchain-Based Patient Care Model
Patientory.com, a provider of blockchain solutions for healthcare has announced the launch of their token sale offering - healthcare's first crypto-token. Patientory’s vision is to create a token that will allow healthcare providers to not only rent health information storage space, and to execute health specific smart contract payments and transactions, but also be rewarded through a compensation model for improving quality of care. Patientory is enabling early supporters to secure PTY, the
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UK Startup Babylon Health Raises $60M to Offer AI-Powered Chatbot for London Patients
Babylon Health, a London-based digital health startup has raised $60 million in funding from undisclosed investors. The startup plans to utilize the funding round to scale its artificial intelligence capabilities for its chatbot that provides useful advice from real doctors, from anywhere. The chatbot uses machine-learning algorithms to analyze an individual’s health profile and suggest possible future illnesses.Founded in January 2013 and launched to the public in April 2014, babylon health
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DocHalo Lands $11M to Expand Real-Time Clinical Communication Platform
DocHalo, a Cincinnati, OH-based provider of clinical communication has raised $11M in Series A funding led by Bain Capital Ventures with additional investment from Refinery Ventures. The company plans to utilize the funding to scale its clinical communication platform functionality and growth in the marketplace. The announcement marks the first time, the company has raised outside capital since its inception seven years ago.Founded by physicians who deeply understand communication in the
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Solv Raises $6.25M to Expand Same-Day Urgent Care Booking App
Solv, a San Francisco-based digital health startup has raised $6.25 million in Series A funding led by Benchmark Capital for its same-day urgent care booking app platform. The round included participation from Theresia Gouw of Aspect Ventures and Malay Gandhi of Ensemble Labs, formerly CEO of Rock Health. Solv plans to utilize the funding to open up its private beta to more patients and providers in Dallas Fort Worth, Texas, as well as expand to more cities and grow its team.Since launching its
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ZappRx Raises $25M for Specialty Pharmaceutical Management Platform
ZappRx, a Boston, MA-based provider of specialty pharmaceutical management platform has raised $25 million in Series B funding led by Qiming US Healthcare Fund. The round includes participation from SR One, who led ZappRx's Series A round in 2014, and GV (formerly Google Ventures). The company plans to utilize to expand its product's launch into this growing market in dire need of innovative IT solutions.Founded in 2012, ZappRx relieves administrative challenges for healthcare providers and
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Health IT VC Funding Reaches $1.6B for Q1 2017: 10 Trends to Know
Health IT VC funding reached $1.6 billion in 165 deals compared to $845 million in 154 deals in Q4 2016, almost doubled quarter-over-quarter (QoQ), according to the latest report from Mercom Capital Group. The report finds that VC funding in Q1 2017 was also up compared to Q1 2016 when nearly $1.4 billion was raised in 146 deals. Since 2010, VC funding in the Healthcare IT sector has now crossed $20 billion (2010 - Q1 2017).Here are ten key trends to know from the Mercom’s latest report:1. The
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Healthbox Launches Horizon Scan Platform to Help Healthcare Organizations Evaluate Digital Health Solutions
Healthbox, a Chicago-based healthcare innovation consulting firm and venture capital investment manager, announced the launch of their new platform Horizon Scan to help healthcare organizations optimize their digital health vendor sourcing process. For healthcare organizations, the new Horizon Scan platform will serve as a sourcing tool to successfully find and evaluate innovative digital health solutions.Many healthcare organizations are currently faced with tenuous profit margins and an
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