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

SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

by Fred Pennic 07/01/2020 Leave a Comment

SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

What You Should Know: - SwitchPoint (made up of veteran healthcare leaders with experience at Intermedix/R1 RCM and others) launches a new technology venture, Polaris Health that leverages AI to predict patient demand and create efficient clinician schedules that align with this demand. - Polaris Health’s solution utilizes proprietary machine learning algorithms to predict provider demand, distribute clinician resources to meet that
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NexHealth Raises $15M to Expand Patient Experience Management Platform

by Jasmine Pennic 06/30/2020 Leave a Comment

NexHealth Raises $15M to Expand Patient Experience Management Platform

NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raised $15M in Series A funding from some of Silicon Valley’s best investors, including product-driven founders such as Scott Belsky, founder of Behance and Chief Product Officer at Adobe, and mission-driven founders such as Josh Buckley and Naval Ravikant. Empowering Doctors to Run Thriving Businesses Patients today spend more out-of-pocket, shop for care, and have high expectations from their
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DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

by Fred Pennic 06/23/2020 Leave a Comment

DispatchHealth Raises $135.8M to Expand On-Demand In-Home Care Model

What You Should Know - Today DispatchHealth announced the closing of $135.8 million growth capital financing led by Optum Ventures and included participation from existing and new strategic investors. - The additional funding enables DispatchHealth to continue to provide in-home medical care to even more vulnerable, high-needs patients by growing its existing 19 markets, expanding to new markets, and launching additional services.  - Many health systems, including Renown Health and
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Somatus Lands $64M to Expand Value-Based Kidney Care Model

by Fred Pennic 06/23/2020 Leave a Comment

Somatus Lands $64M to Expand Value-Based Kidney Care Model

What You Should Know: - Somatus raises $64M in Series C funding led by Longitudinal Capital to fuel the expansion of its value-based kidney care model. - Somatus will use the funding to continue to scale its model nationally and invest in technology and product development to better support patients and health plan partners. Somatus, a McLean, VA-based provider of value-based kidney care, today announced it has completed a Series C funding round of $64 million led by Longitude
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BrightInsight Raises $40M for Regulated Digital Health Platform for Biopharma & Medtech

by Fred Pennic 06/23/2020 Leave a Comment

BrightInsight Raises $40M Regulated Digital Health Platform for Biopharma & Medtech

What You Should Know: - BrightInsight, provider of the leading global regulated digital health platform for biopharma and medtech, today announced a Series B funding round of $40 million, led by global venture capital and private equity firm, Insight Partners. - Already the partner of choice to four global pharmaceutical leaders—AstraZeneca, Roche, CSL Behring, and Novo Nordisk—the Series B financing will enable BrightInsight to speed up hiring, expand its global footprint and add
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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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