ZOLL® Medical Corporation, a company that manufactures medical devices and related software solutions has acquired Tel Aviv, Israel-based Kyma Medical Technologies, Ltd. for its wearable remote patient monitoring device for chronic cardiac illnesses. Under the terms of the agreement, ZOLL Medical Corporation will pay $35 million, plus milestone payments based on sales and the incorporation of Kyma technology into future products.
Wearable Cardiac Monitor Overview
Kyma's μ-Cor is an
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Kyruus Raises $25M To Redefine How Patients Get Matched to Providers
Kyruus, a SaaS-based referral coordination platform that helps hospitals optimize patient access and referral management, has raised $25 million in funding to accelerate adoption of its ProviderMatch technology. The funding round was led by New Leaf Venture Partners, with participation from Providence Health & Services, Leerink Capital Partners, andMcKesson Ventures. They were also joined by existing investors Venrock, Highland Capital Partners, Lux Capital, and Fidelity
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6 Startups Selected as Finalists in Mayo Clinic’s THINK BIG Challenge
Six digital health startups have been selected as finalists in the first Mayo Clinic THINK BIG Challenge and will compete on Oct. 1 at Transform 2015 for two $50,000 awards.
Sponsored by Mayo Clinic Center for Innovation (CFI), Mayo Ventures and AVIA Health Innovation, the Mayo Clinic THINK BIG Challenge celebrates innovative ideas in two areas:
- Got Health – promoting health maintenance and prevention
- I Am Not My Disease – helping people with chronic illnesses live better,
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Lumity Nabs $14M to Let Data Optimize Employee Health Plans
Palo Alto, CA-based Lumity, a data driven benefits platform that optimizes employee health plans, announced it has raised $14M in Series A funding led by The Social+Capital Partnership with participation from True Ventures and Rock Health. Through real-time insights and predictive models, Lumity's benefits platform helps employers and employees use data to collaborate on choosing health plans that drive value and fit employee needs. The funding round will be used to help accelerate the rollout
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Omada Health Raises $48M to Help Employers, Health Plans Tackle Chronic Disease
Omada Health, the Andreessen Horowitz-backed digital health company that helps employers and health plans avoid getting diabetes, heart disease, and other chronic conditions, announced today that it has raised $48 million in Series C funding. The round was led by Norwest Venture Partners, including strategic investment from two Omada customers – Humana, Inc. and Providence Health & Services, as well as prior investors US Venture Partners, Andreessen Horowitz, Rock Health and new investors
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Google Capital Pours $32.5M into Insurance Startup Oscar Health
Google Capital has invested $32.5 million in Oscar Health, a health insurance company using technology to make insurance simple, intuitive, and human with a valuation of $1.75B, The Wall Street Journal reports. The recent funding brings startup’s funding total up to $352.5 million.
Launched in 2013, Oscar Health's quality network has more than 40,000 users in New Jersey and New York with plans to expand its coverage to California and Texas in 2016. The company's business model is focused on
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Doctor Search Portal Practo Acquires Insta Health For $12M
After raising $90 million in Series C funding in August, India-based physician search portal Practo has acquired cloud-based hospital information management company Insta Health for $12 million (Rs 80 crore) in a cash and equity deal. Founded in 2008, Insta Health provides hospital information systems and EMR solutions to hospitals across South East Asia, Middle East, India, and Africa. The Insta Health acquisition marks the company's third acquisition in less than six months. The acquisition
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Huron Consulting Group to Acquire Cloud62 to Enhance Salesforce.com Capabilities
Huron Consulting Group, a provider of business consulting services, today announced that it has entered into an agreement to acquire Cloud62, a high-growth firm specializing in complex Salesforce.com implementations and related cloud-based applications. The addition of Cloud62 will expand Huron’s Salesforce.com offerings to clients across multiple industries, including healthcare, higher education, manufacturing, retail and financial services. Terms of the acquisition, which is expected to close
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New York Digital Health Accelerator Unveils 2015 Class of 6 Startups
The New York Digital Health Accelerator (NYDHA) has announced their 2015 class of six early and growth stage digital health companies that are developing cutting-edge technology products for healthcare providers and patients in the areas of care coordination, patient engagement, and workflow improvement. The four-month program run by the Partnership Fund for New York City (Partnership Fund) and the New York eHealth Collaborative (NYeC) will provide the digital health startups direct access to
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Voalte Raises $17M to Improve Hospital Communication with Smartphones
Voalte, a Sarasota, FL-based company that develops smartphone alternatives that simplify caregiver communication has raised $17 million in Series D funding led by Ascension Ventures, Cerner Capital, Inc., an affiliate of Cerner Corporation, and Bedford Funding. The funding will be utilize to sustain triple-digit growth trajectory as revenues grew by 250 percent year-over-year in the second quarter, due in large part to continual product innovation as well as a rapidly expanding customer base.
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