- UnitedHealthcare Accelerator powered by Techstars unveils 2019 class of 10 health tech startups focused on innovation in digital health and wellness. - Final group of 10 was narrowed down from hundreds of startups from 33 different countries across the globe. - Three-month accelerator will provide mentorship and access to capital to help iterate on their business models.UnitedHealthcare Accelerator powered by Techstars, today announced inaugural 2019 class of ten health tech startups focused
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Healthy.io Nabs $60M for FDA-cleared Smartphone-Based Urinalysis for Chronic Kidney Disease
- Healthy.io raises $60M led by Corner Ventures for its FDA 510(k) cleared smartphone-based ACR test to be used in the aid of diagnosing chronic kidney disease (CKD).
- The funding round will be used to accelerate Healthy.io’s global expansion and product development.
- Healthy.io’s solution allows immediate electronic medical record (EMR) connectivity through the automated smartphone scan.
Healthy.io, the fast-growing Israeli digital health company that has turned
the
Read More
Incredible Health Raises $15M to Transform The Way Nurses Get Hired
- Incredible Health raises $15M in Series A funding led by Andreessen Horowitz to solve America’s looming health care labor crisis.
- Founded in 2017 by a former physician and an MIT alum from a family of nurses, the company has pioneered a new custom matching algorithm that personalizes a hospital’s hiring experience.
- The platform empowers hospitals to apply to nurses seeking permanent positions, matching their needs to skilled professionals who fit the bill.
Incredible
Read More
VR for Chronic Pain Startup Karuna Labs Raises $3M to Retrain The Brain
- Karuna Labs raises $3M in seed funding to expand personalized chronic pain management programs using virtual reality (VR) technology to retrain the brain.
- Karuna Labs uses Karuna uses evidence-based techniques to retrain the brain to perceive movement as non-threatening.
- Karuna Pro is now available in clinics, while Karuna Home is available as direct-to-patient for home use.
Today, Karuna Labs, the San Francisco, CA-based creator of personalized chronic pain management
Read More
Prudential Financial Acquires Insurtech Startup Assurance IQ, for $2.35B
- Prudential Financial acquires insurtech startup Assurance IQ for a total upfront consideration of $2.35 billion, plus an additional earnout of up to $1.15 billion in cash and equity.
- Assurance will become a wholly-owned subsidiary of Prudential under the U.S. Businesses division.
- Assurance will add a large and rapidly growing direct-to-consumer channel to Prudential’s financial wellness businesses, significantly expanding the total addressable market of both
Read More
Microsoft, Astrazeneca Launches AI Factory for Health Accelerator in Europe
- Microsoft and AstraZeneca are joining forces to launch the AI Factory for Health, a European accelerator for AI-focused digital health startups.
- The 3-month accelerator program is for startups that offer an innovative health solution based on artificial intelligence technology for patients or health professionals
- Created by Microsoft in partnership with the Inria laboratory, the AI Factory unites a community of startups dedicated to the development of innovative solutions based
Read More
BrightInsight Nabs $25M for Regulated IoT Platform for Biopharma and Medtech
- BrightInsight raises $25M in Series A funding co-led by New Leaf Venture Partners and Eclipse Ventures to further enhance the functionality of its BrightInsight Platform and accelerate global commercialization efforts.
- BrightInsight platform enables regulated drugs, devices and SaMDs to ingest and analyze data and deploy regulated recommendations and insights back to patients and providers
BrightInsight, San Jose, CA-based global regulated digital health platform for biopharma and
Read More
OptimizeRx Acquires Digital Therapeutics Platform RMDY Health for $16M
- OptimizeRX acquires RMDY Health, a multipurpose digital therapeutics SaaS platform, for $16 million in cash and equity.
- Acquisition will enhance OptimizeRx existing digital platform with technology solutions tailored for digital therapeutics and extends offerings to SaaS-based patient engagement markets.
- RMDY will maintain its technology team in Tel Aviv, Israel, and U.S. based personnel and use the OptimizeRx New Jersey HQ.
OptimizeRx announced it will acquire RMDY
Read More
4th Annual Accenture HealthTech Innovation Challenge Kicks Off
Quick Glance- Accenture kicks off the application period for the fourth annual Accenture HealthTech Innovation Challenge- Challenge seeks to support innovative approaches and solutions for improving the way people access, manage and finance healthcare in North America- Three categories for this year’s Accenture HealthTech Innovation Challenge are operational efficiency, increased access, and consumer experienceAccenture, today kicked off the application period for the fourth annual
Read More
The Drought is Over: It’s Raining Health IT IPOs
Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs. Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers of valuation. Given the enthusiastic shareholder response to these listings, we
Read More
