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

Cedar Nabs $102M to Modernize Patient Financial Experience

by Fred Pennic 06/22/2020 Leave a Comment

Cedar Nabs $102M to Modernize Patient Financial Experience

What You Should Know: - Cedar raises $102M to fuel the next phase of Cedar’s vision of evolving from a patient financial engagement solution to a comprehensive healthcare consumer engagement platform. - Cedar combines healthcare, tech, and design to create a seamless financial experience for every patient. From pre-visit registration to post-visit billing, Cedar personalizes the care journey to take each patient to payment with ease. - The company also announced it has partnered with
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Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

by Fred Pennic 06/19/2020 Leave a Comment

Kaia Health Lands $26M to Expand AI-Driven Digital Therapeutics for MSK Conditions & COPD

What You Should Know: - Digital therapeutics company Kaia Health raises $26M in Series B funding to help grow its digital therapy solutions for musculoskeletal (MSK) conditions, and expand into new conditions. - The investment was led by Optum Ventures, Idinvest and capital300, plus participation from Balderton Capital, Heartcore Capital and Symphony Ventures, an investment partnership with world #1 golfer Rory McIlroy. - Kaia Health’s smartphone-based approach to managing chronic
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careMESH Raises $5M to Scale Healthcare Communications Platform

by Fred Pennic 06/17/2020 Leave a Comment

careMESH Raises $5M to Scale Healthcare Communications Platform

What You Should Know: - careMESH raises $5M in seed funding to scale the adoption of its first-of-a-kind healthcare communications platform. - careMESH is a single service for hospitals, health systems, and other healthcare delivery organizations which offers a National Provider Directory, patient event notifications, secure communications, and transition of care workflows.  careMESH, a Reston, VA-based healthcare communications platform announced it has raised $5M in seed funding
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Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Capabilities

by Fred Pennic 06/16/2020 Leave a Comment

Unite Us Acquires SDoH Data Analytics Company Staple Health to Expand Data Analytics

What You Should Know: - Unite Us acquires social determinants of health (SDoH) analytics company Staple Health to greatly expand its valuable predictive data analytics capabilities. - Predictive analytics and outcome data are essential as Unite Us supports local communities, addressing needs and providing proactive social care infrastructure where it is lacking. - The acquisition of Staple Health brings 10 years of data experience and a database of 270M individuals, with notable
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Abacus Insights Nabs $35M for Interoperability Platform to Help Health Plans Liberate Data

by Jasmine Pennic 06/16/2020 Leave a Comment

Abacus Insights Nabs $35M for Interoperability Platform to Help Health Plans Liberate Data

What You Should Know: - Abacus Insights raises $35M in Series B funding for its data integration platform that enables health insurers to reconcile thousands of unique attributes to create a more personalized healthcare experience in everything from diabetes care and wellness programs to managing the COVID-19 pandemic. - Abacus Insights’ data platform standardizes, curates, and enriches valuable healthcare data that is currently sitting idle, moving it out of restrictive silos, and
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Augmedics Lands $15M for FDA-Cleared Augmented Reality Guidance System for Surgery

by Fred Pennic 06/15/2020 Leave a Comment

Augmedics Lands $15M for FDA-Cleared Augmented Reality Guidance System for Surgery

What You Should Know: - Augmented reality surgical image guidance startup Augmedics raises $15M in Series B funding led by its U.S. staff in an effort to secure and successfully launch the company as venture capital (VC) all but evaporated during the COVID-19 pandemic. - The xvision system, the first augmented reality guidance system for surgery, allows surgeons to see the patient’s anatomy through skin and tissue as if they have “x-ray vision,” and to accurately guide instruments and
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EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians

by Fred Pennic 06/12/2020 Leave a Comment

EnsoData Raises $9M to Accelerate Waveform AI Platform for Clinicians

What You Should Know: - EnsoData announces its official launch and a $9M Series A funding round to accelerate analysis and understanding of human health, starting with sleep disorder diagnoses.  - Using AI, EnsoData’s technology transforms billions of waveform data points (outputs from heartbeats on an EKG, eye movement through an EOG, brain waves through an EEG, etc.) collected from sensors in medical devices and wearables into an easy-to-read report.  - EnsoData saves clinics and
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CareAcademy Lands $9.5M for Online Training Platform for Senior Care

by Fred Pennic 06/11/2020 Leave a Comment

CareAcademy Lands $9.5M for Online Training Platform for Senior Care

What You Should Know: - CareAcademy raises $9.5 million in Series A funding to expand its online training platform for senior care professionals to deliver the highest caliber of service and improve the lives of older adults.  - Series A round signals massive market opportunity as CareAcademy seizes a greater share of online caregiver training; brings total company funding to more than $13 million. CareAcademy, a Boston, MA-based home care & home health workforce empowerment
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Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

by Fred Pennic 06/11/2020 Leave a Comment

Backed by Northwell, Conversa Health Raises $12M for AI-Powered Chatbots

What You Should Know: - Conversa Health raises $12 million in Series B funding round to expand its AI-powered chatbots enabling health systems, payers and pharmaceutical companies to engage patients and collect patient-generated health data and patient-reported outcomes. - Conversa plans to use the funding to scale its virtual care and communication platform—97 percent of patients who have used its chatbots say they can better manage their care with Conversa.  - Murray Brozinsky
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Cue Health Lands $100M to Scale Rapid, Portable, Point-of-Care COVID-19 Test

by Fred Pennic 06/10/2020 Leave a Comment

FDA Approves Cue Health’s Point-of-Care COVID-19 Test Using Nasal Swabs

What You Should Know: - Cue Health raises $100M to commercialize its portable, molecular diagnostic test capable of detecting SARS-CoV-2, the virus that causes COVID-19, in less than 25 minutes using a simple nasal swab.  - The test is part of the Cue Health Monitoring System, which is designed to be a portable device that can perform a molecular test and connect patients to a mobile health platform that features interventional components such as telemedicine
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