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

Israeli Digital Health Startup G Medical Innovations Withdraws $30M US IPO

by Jasmine Pennic 11/25/2020 Leave a Comment

Israeli Digital Health Company G Medical Innovations Withdraws $30M US IPO

What You Should Know: - Israeli-based G Medical Innovation has withdrawn its plans for an initial public offering (IPO) on Tuesday, Nasdaq first reports. - The company originally filed an IPO to raise $30 million by offering 5 million shares at a price range of $5 to $7 last month to list on the Nasdaq under the symbol GMVD. - The recent withdrawal marks the company's second attempt to go public in the US, previously filing in May 2019 and withdrawing the following August. The company
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Well Health Nabs $45M to Expand Intelligent Communications Hub

by Jasmine Pennic 11/24/2020 Leave a Comment

Well Health Nabs $45M to Expand Intelligent Communications Hub

What You Should Know: - WELL Health raises $45M in Series C funding to transform patient communication for healthcare providers, payers, and ACOs. - WELL Health enables conversations between patients and healthcare organizations through secure, multilingual messaging in the patient’s preferred communications channel: texting, email, telephone, and live chat. Well Health Inc., a Santa Barbara, CA-based provider of patient communications, today announced a $45 million Series C
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Medable Raises $91M for Global Decentralized Clinical Trials Platform

by Fred Pennic 11/20/2020 Leave a Comment

Medable Raises $91M for Global Decentralized Clinical Trials Platform

What You Should Know: Medable announced $91 million in new funding to accelerate the life sciences industry’s shift to digital and decentralized clinical trials, bringing Medable’s total capital raised to more than $136M. - Medable has played a pivotal role in enabling clinical trials during the COVID-19 pandemic, facilitating the continuation of existing research via remote care as well as accelerating the development of vaccines and therapeutics for COVID-19. Medable,
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Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

by Fred Pennic 11/20/2020 Leave a Comment

Spring Health Secures $76M to Modernize Employee Behavioral Health Benefits

What You Should Know: - Spring Health raises $76M to help employers modernize their behavioral health benefits with the most comprehensive solution for employee mental well-being. - Spring Health provides a single front door to any type of care — from digital exercises to ancillary employee assistance program (EAP) services, to coaching, therapy, or medication — leading to faster outcomes, higher engagement, and healthier, happier employees. Spring Health, a leading provider of
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Microsoft Launches Dedicated HealthTech Startup Program in India

by Fred Pennic 11/19/2020 Leave a Comment

Microsoft Launches Dedicated HealthTech Startup Program in India

What You Should Know: - Microsoft launches a dedicated HealthTech Startup Program and partners with startup incubator Social Alpha to accelerate the growth of healthtech startups in India. - Selected startups into the program will benefit from focused healthcare industry teams, co-innovation and collaboration, and Microsoft AI for healthcare. Today, Microsoft has announced the launch of a dedicated healthtech startup program to drive healthcare innovation in India. India faces
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K Health Collabs with Mayo Clinic, Raises $42M from JayZ + SpaceX/Tesla, Valor Equity Partners

by Jasmine Pennic 11/18/2020 Leave a Comment

K Health Collabs with Mayo Clinic, Raises $42M from JayZ + SpaceX/Tesla, Valor Equity Partners

What You Should Know: -  Today, K Health, the data-driven digital primary care system with 4 million users (+ Anthem partner), announced a first-of-its-kind collaboration with Mayo Clinic’s Clinic Data Analytics Platform. - In addition, K Health raised $42M Series D funding from investors like Valor Equity Partners who bring a wealth of artificial intelligence expertise (investors in Dataminr, SpaceX, Tesla), and Jay-Z’s fund Marcy Venture Partners. K Health, the data-driven
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COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

by Fred Pennic 11/18/2020 Leave a Comment

COTA Lands $34M to Drive Innovation in Oncology Using Real-World Data

What You Should Know: - COTA, Inc., a healthcare technology company that uses real-world data to bring clarity to cancer care, has secured $34M in funding. - Access to over one million patient data records and additional funding support enhanced real-world data and analytics services in oncology. COTA, Inc., a Boston, MA-based healthcare technology company that uses real-world data to bring clarity to cancer care, today announced it has raised $34 million in Series D funding led by
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Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

by Fred Pennic 11/18/2020 Leave a Comment

Backed by LRV Health, Upfront Healthcare Nabs $11.5 for Patient Engagement Platform

What You Should Know: - Upfront Healthcare has raised $11.5 million in its Series B with new investor Baird Capital co-leading the round with existing investor LRVHealth (venture capital arm for 22 health systems, payers, and vendors). - Upfront’s Enterprise Care Traffic Control Platform is the multi-channel patient communication hub that activates every patient to get the care they need at the appropriate clinical service throughout their care journey. Upfront Healthcare, a leading
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AliveCor Lands $65M to Advance Remote Cardiology Platform Worldwide

by Fred Pennic 11/16/2020 Leave a Comment

AliveCor Receives “Breakthrough Device” Designation from FDA for Bloodless Hyperkalemia Test

What You Should Know: Today AliveCor, the leader in AI-based, personal ECG devices and cardiology platforms, announced they closed $65 million in Series E funding to accelerate its growth. To date, AliveCor’s FDA-cleared Kardia devices have recorded more than 85 million ECGs. Since the pandemic began, nearly 15 million ECGs were taken which is an increase of 70% year-over-year. AliveCor, a Mountain View, CA-based provider of AI-based personal ECG technology and provider of enterprise
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Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

by Fred Pennic 11/10/2020 Leave a Comment

Buoy Health Raises $37.5M to Expand AI-Powered Healthcare Navigation Platform

What You Should Know: - Buoy Health raises $37.5 million in Series C funding to expand it’s AI-powered healthcare navigation platform, bringing its total raised to date at $66.5M. - Buoy will use the proceeds to further build out its IP with respect to artificial intelligence and other technologies, as well as grow the Buoy team. Buoy Health, a Boston, MA-based AI-powered healthcare navigation platform, today announced the completion of a $37.5 million Series C funding round. Cigna
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