Augmedix, Inc., a Google Glass-focused digital health startup, has raised $23 million in funding from McKesson Ventures and OrbiMed with participation from the existing VCs Redmile Group, Emergence Capital and DCM Ventures. The company plans to utilize the funding to expand its remote scribe services nationwide and build out its platform with tools and services that continue to drive improvements in physician productivity and patient care.Founded by Stanford grads, CEO Ian Shakil and Chief
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Crossover Health Nabs $92M to Fuel Primary Care Technology Platform
Crossover Health, an Aliso Viejo, CA-based next generation provider of employee healthcare that develops on-site and near-site health centers, has raised $92 million in funding from Gurnet Point Capital, an investment firm focused on the healthcare and life sciences sectors. The investment will increase the capital available for Crossover Health’s expansion as well as redeem a portion of the existing preferred and common shares, resulting in Crossover Health management and Gurnet Point becoming
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Specimatch Launches Clinical Trial Monitoring Platform for Cancer Patients
Specimatch, a continual clinical trial monitoring service, has unveiled the web-based software service for cancer patients and oncologists. On Specimatch.com, users can easily and intuitively connect to clinical trials personally matched to the patient’s genetic and clinical profiles.Founded in 2016 by Dr. Ken Dixon, founder/surgical oncologist of Surgical Oncologists of Northeast Georgia, Specimatch.com’s interface was created to let both clinicians and patients take part in the management of
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PatientPing Lands $31.6M to Expand National Care Coordination Network
Boston-based healthcare IT company PatientPing has raised $31.6 million from Andreessen Horowitz (Menlo Park) and Leerink Transformation Partners (Boston) to accelerate growth of its national care coordination network nationally. Additionally, PatientPing plans to at least double the size of its team by actively hiring inspired change-makers for its growth, operations, engineering and product development teams.The average Medicare patient receives care from seven different providers across four
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Heal Nabs $14.8M to Expand On-Demand Doctor House Calls
On-demand doctor house call service provider Heal has raised $14.8 million in Series B funding from Fidelity Management and Research Company. The latest round will allow Heal to further expand its geographical footprint, broaden the range of medical services it offers and increase patient reach. Last month, the company announced that it raised $26.9 million in its Series A round led by Thomas Tull’s Tull Investment Group.In addition to the latest funding, Heal has appointed former House
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Digital Health Funding 101: 3 Insights to Overcome the Series A Crunch
Catalyze co-founders Travis Good and Mohan Balachandran share their company’s success in obtaining Series B funding and the insights that helped them get there.Although investment dollars continue to pour into healthcare IT at a breakneck pace globally, many startups could end up enduring some serious whiplash. Obtaining seed funding is one thing, but reaching the next round is another. Investors are becoming less impressed by innovations and more discerning with their dollars. Thus, the
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Fruit Street Telehealth Lands $3M for HIPAA-Compliant Telehealth Platform for Lifestyle
Telehealth provider Fruit Street Telehealth (Fruit Street) has raised $3 million in Series A funding, bringing its total number of physician investors to more than 160. The startup plans to utilize the latest round of funding to further develop its telehealth platform with its joint venture partner VSee whose video technology is already embedded within Fruit Street's platform. Additionally, the funding will increase Fruit Street's digital advertising budget for sales and marketing initiatives,
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Lexigram Nabs $2M to Transform Unstructured Medical Data Through NLP
Lexigram, a Redwood City, CA-based clinical data intelligence company has raised $2 million in seed funding led by Storm Ventures and including RTA Ventures and the Stanford-StartX Fund. The digital health startup plans to utilize the seed funding to further mature the company's self-service and on-demand natural language processing (NLP) and machine learning analytics platform. As patients, we imagine that our medical data is readily available to all of our doctors, but that couldn't be farther
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Orb Health Lands $3.2M for Intelligent Collaborative Care Platform
Orb Health, a Dallas, TX-based provider of collaborative care technology has raised $3.2 million in Series A funding led by Mt Vernon Investments with participation from Green Park & Golf and a number of returning seed investors. The company plans to utilize the funding to expand its intelligent collaborative care platform for physician-owned practices and large health systems. Founded in 2011, Orb Health provides a turnkey solution and service that empowers providers to engage more deeply
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Theranos Competitor Genalyte Nabs $35M for One-Drop Blood Test
Genalyt, a San Diego, CA based startup has raised $36 million in funding led by Khosla Ventures and Redmile Group to expand its one-drop blood test platform, Maverick™ Detection System.Founded in 2007, the Theranos competitor leverages proprietary silicon chip containing arrays of photonic microring sensors to simultaneously analyze multiple proteins/biomarkers from minimal sample volume, which can be utilized inside physician offices by offering laboratory test results in under 15 minutes.In
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