GRAIL, Inc., a life sciences company whose mission is to detect cancer early when it can be cured, today announced it has raised $900 million in Series B funding led by ARCH Venture Partners with participation from Johnson & Johnson Innovation, Amazon, Bristol-Myers Squibb, Celgene, McKesson Ventures, Merck (known as MSD outside the United States and Canada), Tencent Holdings Limited and Varian Medical Systems, Inc. GRAIL intends to close the remainder of the Series B investment prior to the
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
What Does the Current State of Digital Health Adoption Tell Us About Its Future in Healthcare?
What do today’s indicators of digital health adoption tell us about its future in healthcare? Rock Health’s Ashlee Adams weighs in.Digital consumption is at an all-time high. The trends that have more people looking down at their screens may indicate things are looking up for those in healthcare—why? Well, for one thing, increased digital use could help cut costs and create greater efficiencies and access to health services for organizations and patients alike. That’s been the speculative hope
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Mercom: Top Funded Health IT Technologies Since 2010
mHealth Apps ($2.7B), wearables ($1.6B), telemedicine ($1.5B), data analytics ($1.4B), scheduling/appointment booking ($1.2B), clinical decision support ($998M), wellness ($889M), mobile/wireless ($885M), and practice management solutions ($818M) is the top funded health IT technologies since 2010, according to Mercom's Annual and Q4 2016 Healthcare IT Funding and M&A Fact Sheet. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.Since
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DiACardio Named Venture+ Forum Pitch Competition Winner At HIMSS17
The Personal Connected Health Alliance (PCHAlliance) has named DiACardio Ltd, a provider of revolutionary decision support tools company for cardiologists using echocardiography as the winner of its 11th annual Venture+ Forum pitch competition for startup companies at HIMSS17. Presenting companies were selected based on criteria for having demonstrable impact on improving health care delivery and outcomes. The Venture+ Forum fosters business-building opportunities, cutting-edge collaborations
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Jvion Acquires Predictive Analytics Firm Predixion’s Healthcare IT Practice
Jvion, an Atlanta-based cognitive clinical science machine firm has acquired predictive analytic firm Predixion’s Healthcare IT practice for an undisclosed sum. For Jvion, the acquisition will help augment the company's market positioning while amplifying the value delivered by Predixion to their current client base by enabling access to Jvion’s Cognitive Clinical Success Machine.Predixion, which raised $42M+ to date, received $20M in its third round of investment and is backed by giants
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Medfusion Acquires Patient Self-Scheduling Company NexSched, LLC to Improve Patient Experience
Medfusion, Inc., a provider of patient experience solutions has acquired the business and certain assets of NexSched, LLC, a privately held New York-based company that specializes in patient self-scheduling solutions. According to a recent Accenture study, 77 percent of patients think that the ability to book, change or cancel appointments online is vitally important to their healthcare experience.The acquisition of NexSched addresses the rise of healthcare consumerism and demand for greater
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Intermountain, Oxeon Launch Health IT Startup Empiric Health To Activate Evidence-Based Care
Intermountain Healthcare and Oxeon have announced the formation and launch of health IT startup Empiric Health, an independent company that activates evidence-based healthcare delivery to improve both clinical outcomes and operational efficiency. Its technology-enabled service has proven success in addressing variation in cost and outcomes for clinicians and health system administrators.Unlike traditional solutions, Empiric Health evaluates actual clinical and patient outcomes data, structured
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Healthcare Blockchain Startup Hashed Health Lands $1.8M in Funding
Hashed Health, a healthcare technology consortium building blockchain solutions and supporting blockchain network development has raised $1.8 million in funding led by Martin Ventures and Fenbushi Capital. Founded in 2016, the Nashville, TN-based company provides value-added services such as product management, product development, regulatory guidance, and technology support services for blockchain solutions and blockchain networks.For most healthcare organizations, Blockchain technology will be
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Schoen Klinik Taps PeerWell to Offer Tech Assisted Prehab Programs For Its Surgical Patients
PeerWell, whose PreHab mobile platform helps patients prepare both physically and mentally for surgery to recover faster, today has teamed up with European orthopedic leader Schoen Klinik, to offer technology assisted prehab programs for its surgical patients. As part of the partnership, PeerWell will be used to help optimize the health of hip and knee replacement patients at select Schoen Klinik sites. Patients who schedule surgery at select Schoen Klinik sites will have the opportunity to
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Mayo Clinic Backs Virtual Nurse Engagement Platform Sense.ly, Raises $8M in Series B Funding
Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring has raised $8 million in a Series B round of funding, led by Chengwei Capital with participation from Mayo Clinic, Bioved Ventures, Fenox Venture Capital and the Stanford StartX fund. The company plans to utilize the funding to expand the platform to better serve clinicians and patients including its presence in the US, UK, and international markets. Virtual Nurse Engagement Platform OverviewPatients sign up
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