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

TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform

by Fred Pennic 03/21/2022 Leave a Comment

TimeDoc Health Secures $48.5M to Scale Virtual Care Management Platform

What You Should Know: - TimeDoc Health, a Chicago-based provider of virtual care management activation, today announced it has closed a $48.5M Series B round led by Aldrich Capital Partners. - Founded in 2015, TimeDoc Health partners with PCPs and healthcare organizations to automate record-keeping for clinician/patient interactions (in-person and virtual), sending the reports to CMS for reimbursement.  - During the pandemic, the company has been instrumental in helping providers
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Recora Raises $20M for Virtual Cardiac Recovery Platform

by Digital Health Funding 03/21/2022 Leave a Comment

Recora Raises $20M for Virtual Cardiac Recovery Platform

What You Should Know: - Recora today emerged from stealth to announce $20M in Series A funding led by SignalFire with participation from Valor Equity Partners and existing investor Pear VC. - In addition, the company while also unveiled its Cardiac Recovery Program for health systems, medical groups and health plans. Redefining the Future of Heart Health Recora is redesigning heart health, beginning with cardiac recovery. Cardiac rehabilitation is indicated
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Applied XL Raises $3.5M for Real-Time Data Tracking Platform

by HITC Staff 03/21/2022 Leave a Comment

Applied XL Raises $3.5M for Real-Time Data Tracking Platform

What You Should Know: - Applied XL, a real-time information company tracking disruptions to the health of people, places, and the planet, today announced it had raised $3.5 million in seed funding led by Hearst Ventures with the participation of the Boston Globe Media Partners and STAT, which are owned by the Henry family. - The latest round brings Applied XL’s total funds raised to date to $5 million in the last 12 months. The company will use the new funding to scale its first vertical
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Canopy Launches Out of Stealth with $13M for Intelligent Care Platform for Oncology

by Fred Pennic 03/17/2022 Leave a Comment

Canopy Launches Out of Stealth with $13M for Intelligent Care Platform for Oncology

What You Should Know:  - Today,  Canopy announced it is launching out of stealth with $13 million in funding to work with leading oncology practices all over the country to help deliver high-quality care to cancer patients when they aren’t in the doctor’s office. - Canopy works with leading oncology practices nationwide to drive the best possible outcomes for over 50,000 cancer patients. Canopy, a Palo Alto, CA-based Intelligent Care Platform (ICP) for oncology, today
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration

by HIMSS22 Summary 03/16/2022 Leave a Comment

HIMSS22 Day 2 Roundup: Google Partners with MEDITECH, Microsoft’s Health Cloud Strategy Expansions,

Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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Avive Raises $22M for Connected AED Platform for Out-of-Hospital Cardiac Arrest

by Fred Pennic 03/16/2022 Leave a Comment

Avive Raises $22M for Connected AED Platform for Out-of-Hospital Cardiac Arrest

What You Should Know: Avive Solutions, Inc., developer of an intelligent AED and connected response platform for out-of-hospital cardiac arrest (OHCA) emergencies, today announced that it closed a $22 million Series A round of financing co-led by Questa Capital, Catalyst Health Ventures and repeat investor Laerdal Million Lives Fund. - This funding will be used to advance a new technology-enabled approach for improving OHCA survival rates. Ryan Drant, founder and managing partner of Questa
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Woebot Health Secures $9.5M for Behavioral Health Platform

by Fred Pennic 03/15/2022 Leave a Comment

Woebot Health

What You Should Know: - Woebot Health announced that Leaps by Bayer, the impact investment arm of Bayer AG, has made a $9.5 million strategic investment in the company to help accelerate further development of its AI-powered behavioral health platform and products. - Woebot Health’s behavioral health platform combines sophisticated AI, decades of clinically-proven therapeutic research and an engaging relational agent called Woebot, which together form the
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OpenLoop Raises $8M to Expand Full Stack, White Label Telehealth Services

by Fred Pennic 03/15/2022 Leave a Comment

OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

What You Should Know: OpenLoop, a health tech startup delivering full-stack clinical support to companies launching and scaling virtual care services across the nation raises a Series A funding round of $8M led by SpringTide Ventures.  - OpenLoop, known for the quality, flexibility and breadth of services they offer to clients who are often early in their telehealth delivery journeys, will use this fresh capital to continue to expand their technology-enabled infrastructure. They will be
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Healthcare Payments Platform Enter Raises $5.7M to Build Stripe for Healthcare

by Venture Capital Funding 03/15/2022 Leave a Comment

Healthcare Payments Platform Enter Raises $5.7M to Build Stripe for Healthcare

What You Should Know: - Healthcare payments platform Enter, which is on a mission to simplify that process on both sides of the transaction, has just come out of stealth mode after raising a $5.7M seed round led by Menlo Ventures with participation from Quiet Capital, Savantus Ventures, 500, and SpringRock Ventures along with angels including Matt Roszak and Mato Peric. - The company’s founders Jordan Kelley and John Russell have previously launched groundbreaking financial technologies,
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Behavidence Raises $4.3M to Expand AI-Driven Psychiatric & Neurological Disorders Monitoring

by Jasmine Pennic 03/15/2022 Leave a Comment

Behavidence Raises $4.3M to Expand AI-Driven Psychiatric & Neurological Disorders Monitoring

What You Should Know: - Behavidence, a behavioral health company that monitors psychiatric and neurological disorders using artificial intelligence, announced a $4.3M seed round led by Welltech Ventures, featuring Arc Impact and Longevity Ventures. - Founded in 2020, Behavidence offers multiple digital phenotyping models that can predict disorders such as depression, anxiety, ADHD and more. These digital phenotyping solutions have been adopted by health organizations, tech, commercial and
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