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

Amino Pulls In $19.4M to Match Patients with the Right Doctor

by Jasmine Pennic 10/21/2015 Leave a Comment

After spending more than two years in stealth mode developing a database that includes nearly every practicing doctor in America and experiences from more than 188 million people, digital health startup Amino has launched its consumer healthcare search platform designed to help consumers make confident health care decisions, starting with the doctors they choose. Amino’s new personalized service allows people to find and book an appointment with doctors based on their experience with specific
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Former Epic Employees Raises $3.5M for EHR Integration API

by HITC Staff 10/20/2015 Leave a Comment

Redox Integration Approach

Founded by former Epic engineers, Redox, a health IT startup helping developers integrate with EHRs and health systems manage their connections to the cloud, today announced it has raised $3.5M in Series A funding led by .406 Ventures with participation by Flybridge Capital Partners and HealthX Ventures. The company hopes to solve the EHR interoperability problem with their RESTful API designed to help apps share data with almost any EHR vendor at any health system.   Redox's
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Collective Health Raises $81M, Goes National with Anthem and Blue Shield of CA

by Jasmine Pennic 10/20/2015 Leave a Comment

collective-health-logo-square

October is open enrollment season across the U.S. when the annual window opens for millions of Americans to change health plans. To make this process less confusing, Collective Health is bringing employer health insurance into the 21s century and shifting the focus from profits to people. Today,  the enterprise health insurance software and services leader Collective Health has raised $81 million in Series C funding led by Google Ventures and returning investors NEA and Founders Fund along with
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Welltok Acquires Zamzee to Optimize Children’s Health through Gamification

by HITC Staff 10/20/2015 Leave a Comment

Health optimization provider Welltok, Inc. today announced the acquisition of Zamzee, an award-winning health program developed by HopeLab, to strengthen its CaféWell Health Optimization Platform™ for children. Welltok’s CaféWell Health Optimization Platform organizes health and condition management programs, apps and digital tracking devices to improve engagement by providing personalized guidance via social, gaming and cognitive technologies. Zamzee rounds out their offerings to include
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DrFirst Pulls In $25M to Fuel E-Prescribing, Medication Adherence

by Fred Pennic 10/19/2015 Leave a Comment

DrFirst Partners with Greenway to Bring Controlled Substance E-prescribing to Greenway Users Nationwide

DrFirst, a provider of healthcare IT solutions has secured $25 million in equity financing from Goldman Sachs to accelerate its sales and marketing resources, as well as its development resources for both existing and new products, and for other strategic initiatives. With this financing, DrFirst has raised $42M in financing during the past year, including a $5M investment commitment from Savano Capital Partners and a $12M credit facility from SunTrust Bank. DrFirst's software solutions and
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After Raising $10M, Datu Health Shuts Down HQ, 42 Layoffs

by Jasmine Pennic 10/16/2015 Leave a Comment

Datu Health

After announcing a $10 million in Series B equity funding, Boulder,CO-based behavioral health data company Datu Health has shuttered its headquarters resulting in 42 layoffs, Denver Post reports. They layoffs result from company consolidated its software engineering functions under its umbrella of its investment partner St. Joseph Health. According to Datu Health’s spokeswoman, Pam Zients, four of the Boulder employees will remain with Datu, which has operations in St. Louis and California.
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Figure 1 Raises $5M For its “Instagram for Doctors” App

by Fred Pennic 10/15/2015 Leave a Comment

The Toronto-based startup Figure 1, whose medical photo sharing app used by more than 500k medical professionals across 100 counties has raised $5 million in funding from Union Square Ventures as well as existing backers Version One Ventures, Rho Canada Ventures and Graph Ventures. Investors also include Allen & Co. and individual investors. The latest funding round brings the Canadian digital health startup's total funding to $9 million.  The company plans to utilize the funding to
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23andMe Scores $115M to Maximize Its Direct-to-Consumer Genetic Tests

by HITC Staff 10/14/2015 Leave a Comment

Genetics startup 23andMe, Inc., has raised $115 million in Series E funding led by Fidelity Management & Research Company to expand its FDA-approved direct-to-consumer genetic tests. New investors in the round include Casdin Capital, WuXi Healthcare Ventures and Xfund, as well as existing investors including Illumina (ILMN), New Enterprise Associates, MPM Capital, and Google Ventures. The latest funding round brings its total funding to date at $241 million, Forbes now values the company at
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Lyra Health Pulls in $35M to Transform Mental Health

by Jasmine Pennic 10/14/2015 Leave a Comment

Lyra Health Pulls in $35M to Transform Mental Health

After recently launching in June led by former Facebook and Genentech CFO David Ebersman, mental health-based startup Lyra Health has raised a $35 million in Series A funding led by Greylock Partners and existing investor Venrock. The investment round also includes funding from existing investor Castlight Health, and new investors Providence Health & Services, Breyer Capital and Origin Capital Management. The company will utilize the funding to make its technology available to a select group
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Datu Health Raises $10M to Drive Personalized Healthcare through Behavioral Data

by Fred Pennic 10/08/2015 Leave a Comment

Datu Health

Chesterfield, CO-based digital health company Datu Health has raised $10 million in Series B equity funding from St. Joseph Health (SJH) to drive personalized healthcare powered by behavioral health data. Traditional healthcare touch points fail to reach the everyday lives and behaviors of people where 40% of health outcomes are shaped. To reduce population risk, decrease low-value care, increase procedure and appointment effectiveness, and avoid penalties, health care must penetrate patient's
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