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

Lemonaid Health Raises $33M to Expand On-Demand Consumer Telehealth Platform

by Fred Pennic 07/31/2020 Leave a Comment

Lemonaid Health Closes oversubscribed $33M Series B to expand telehealth services

What You Should Know: - Lemonaid Health, a direct to consumer telehealth company raises $33M in Series B funding to expand the company’s medical team and number of services being offered to patients. - To date, the company has treated more than a million patients online for a variety of medical conditions ranging from erectile dysfunction to sinus infections to depression and anxiety for roughly $25/visit (less than a typical co-pay). Lemonaid Health, a convenient, affordable,
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Sprout Launches with $10M to Power Tech-Enabled In-Home Autism Care

by Jasmine Pennic 07/21/2020 Leave a Comment

Sprout Launches with $10M for Tech-Enabled In-Home Autism Care

What You Should Know: - Sprout, a tech-enabled platform pioneering the future of autism care, launches today with $10M in funding to solve the broken, outdated, and costly process families face when seeking care for children. - Sprout offers free autism assessments, matches children with world-class therapists for in-home individualized treatment plans unique to their needs, and equips parents with a software-enabled experience to manage their child’s care, while also sharing a
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Roundtrip Nabs $4M to Scale Non-Emergency Medical Transportation Marketplace

by Fred Pennic 07/21/2020 Leave a Comment

Roundtrip digital transportation marketplace

What You Should Know: - Digital transportation marketplace startup Roundtrip raises $4M led by Motley Fool ventures, bringing its total funding to $10.5M. - The company plans to use the funding to geographically scale and specialize its sales, implementation, and account management model, expand its health plan portfolio and technology integration capabilities. Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes, announced the completion
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Cohere Health Launches with $10M to Increase Transparency Across Care Journey

by Fred Pennic 07/16/2020 Leave a Comment

Cohere Health Launches with $10M to Increase Transparency Across Care Journey

What You Should Know: - Boston-based health IT start-up Cohere Health announced the official launch of its company with a $10 million Series A funding round led by Flare Capital Partners. - The company’s patient journey-focused platform improves the notoriously difficult prior authorization process and replaces an existing patchwork of legacy, siloed processes, and antiquated technologies that contribute to the enormous administrative burden for physicians and health plans. - The end
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Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

by Fred Pennic 07/16/2020 Leave a Comment

Activ Surgical Raises $15M Advance Autonomous and Collaborative Surgery

What You Should Know: - Digital surgery pioneer Activ Surgical raises $15M in funding led by ARTIS Ventures to accelerate U.S. commercialization and European expansion efforts for its ActiveEdge platform, which enables existing surgical systems, from scopes to robots, to visualize, characterize and track tissue, in real-time beyond today’s human capability.  - ActivSight, is an easy-to-adapt, connected imaging module that seamlessly attaches to today’s laparoscopic and arthroscopic
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Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

by Fred Pennic 07/16/2020 Leave a Comment

Same-Day Pharmacy Delivery NowRx Raises $20M to Expand into Additional Territories

What You Should Know: - Same day pharmacy delivery startup NowRx raises $20 Million in Series B funding to expand into new U.S. territories and accelerate its technology roadmap, transforming the way consumers get their prescriptions.  - NowRx’s competitive advantage is its proprietary pharmacy management system, which leverages AI and robotics to fill and deliver prescriptions in record time, including interfacing with insurance, checking for drug
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Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement

by Fred Pennic 07/15/2020 Leave a Comment

Cleveland Clinic, GYANT Partner to Drive Post-Discharge Engagement

What You Should Know: - GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. - The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth. - Current customers include Intermountain Healthcare, OSF Healthcare, Adventist Health, Health First, Integris, etc. GYANT, a San Francisco, CA-based care navigation
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Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

by Jasmine Pennic 07/15/2020 Leave a Comment

Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

What You Should Know: - Medly Pharmacy raises $100M investment co-led by Volition Capital and Greycroft to propel Medly's leadership in the $500B+ digital on-demand pharmacy market. - Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide category-leading services to patients and partners across the country that is well-positioned to meet new customer needs.  Medly Pharmacy (Medly), an industry-leading full-service digital
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Noteworth Lands $5M to Expand All-in-One Care Delivery Platform

by Jasmine Pennic 07/15/2020 Leave a Comment

Noteworth Lands $5M to Expand All-in-One Care Delivery Platform

What You Should Know: - Noteworth, a first-of-its-kind Digital Healthcare platform for modernizing Digital Medicine delivery operations, secured a $5 million oversubscribed seed funding round led by Laconia Capital Group   - With this investment, the company will continue to build upon the delivery of Noteworth’s first-of-its-kind Digital Healthcare platform.  Noteworth, a Hoboken, NJ-based all-in-one-care delivery platform for modernizing digital medicine delivery
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