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

Mon Ami Lands $3.4M to Tackle Social Isolation in Aging with Companions

by Fred Pennic 10/03/2019 Leave a Comment

Mon Ami Lands $3.4M to Tackle Social Isolation in Aging

- Mon Ami raises $3.4M in seed funding led by Freestyle Ventures and Cowboy Ventures to tackle social isolation in aging. - By pairing older adults with college students for social visits, Mon Ami's marketplace focuses on life enrichment, not just life extension and fills a much-needed gap in the home care service industry. Mon Ami, a Palo Alto, CA-based digital health company tackling social isolation in aging, today announced the closing of its $3.4M seed financing led by Freestyle
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AI-Powered ED Platform Vital Inks Pilot with Emory Healthcare Innovation Hub

by Fred Pennic 10/03/2019 Leave a Comment

AI-Powered ED Platform Vital Inks Pilot with Emory Healthcare Innovation Hub

- Vital launches pilot program with Emory Healthcare Innovation Hub for its AI-powered emergency department platform. - Vital will deploy it’s ED platform in the emergency departments of Emory University Hospital, Emory Johns Creek Hospital, Emory University Hospital Midtown, and Emory Saint Joseph’s Hospital. - The pilot program marks the first partnership out of the Emory Healthcare Innovation Hub. Vital, an Atlanta, GA-based AI-powered software increasing productivity and
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CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

by Fred Pennic 10/02/2019 Leave a Comment

CB Insights Unveils ‘Digital Health 150’ List of Startups Transforming Healthcare

- CB Insights unveils first-ever annual ‘Digital Health 150’ list of digital health startups working to transform the healthcare industry. - The Digital Health 150 companies span a wide spectrum of categories that involve all three key stakeholder groups for the healthcare industry — providers, payers, and patients. - A total of 17 companies on the list are unicorns (private companies valued at $1B+). Of these, 12 companies are US-based, 3 are based in China, 1 is based in France, and 1
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Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports

by Fred Pennic 10/02/2019 Leave a Comment

Q3 2019 Digital Health Funding Levels Off At $1.3B, Rock Health Reports

- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools

by Jasmine Pennic 10/02/2019 Leave a Comment

Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools

- Digital behavioral health startup NOCD raises $4M to expand the NOCD’s Provider Network for people suffering from OCD nationwide. - OCD is a psychiatric disorder that affects 2-3% of the population. It involves repetitive, unwanted thoughts and compulsive behaviors intended to reduce the anxiety caused by those thoughts. - Members of NOCD’s treatment program will be able to complete evidence-based therapy with OCD-trained therapists and get 24/7 adjunctive support, no matter where
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Healthcare Blockchain Startup BurstIQ Nabs $5.5M for HIPAA-Compliant Blockchain Platform

by Jasmine Pennic 10/01/2019 Leave a Comment

Unified Signal, BurstIQ Expands Partnership to Offer Blockchain-based Health Data Management Layer

- BurstIQ raises $5.5M for HIPAA-compliant blockchain platform services for on-chain data management, complex data ownership, and granular consent.- The healthcare blockchain-based software company plans to aggressively expand sales, marketing, and network growth.BurstIQ, an Denver, CO-based provider of HIPAA-compliant blockchain solutions for the healthcare industry has raised $5.5M in Series A funding led by Elsewhere Partners. Elsewhere, a growth-stage venture capital firm which invests in
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Ajax Health Closes Third $100M MedTech Innovation Fund

by Fred Pennic 09/30/2019 Leave a Comment

Ajax Health Closes Third $100M MedTech Innovation Fund

- Ajax Health raises $100M to close third medtech innovation, Ajax3 led by HealthQuest Capital with participation from Polaris Partners. - Led by Duke Rohlen, Chairman and CEO, Ajax3 quickly follows the $100M raised in April 2019 for Ajax 2. Ajax Health, Menlo Park, CA-based company investing in medical innovation, today announced it has raised $100 million to form its third Medtech innovation fund, Ajax3. The $100M in capital will target investments in companies in the areas of
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WebMD Acquires Digital Health Engagement Solution Aptus Health

by Fred Pennic 09/30/2019 Leave a Comment

WebMD Acquires Digital Health Engagement Solution Aptus Health

- WebMD enters an agreement to acquire Aptus Health, a digital health engagement solution for health and life sciences companies. - The acquisition includes Aptus Health’s core brands Univadis, EngagedMedia, and Tomorrow Networks. - Aptus Health will continue to operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services.  WebMD Health Corp today announced that it has entered into an agreement to acquire Aptus Health,
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Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences

by Fred Pennic 09/26/2019 Leave a Comment

Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences

- Aktana raises $20M in debt financing from CIBC Innovation Banking for AI-enabled decision support for the global life sciences industry. - CIBC Innovation Banking delivers strategic advice, cash management, and funding to innovation companies at each stage of their business cycle, from startup to IPO and beyond. - Using embedded AI and machine learning refined by real-time human insight, Aktana gives life sciences commercial teams the tools and information to anticipate customer
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Eko Raises $20M to Expand Machine Learning Platform for Cardiac Monitoring/Analysis

by Jasmine Pennic 09/25/2019 Leave a Comment

AI-Powered Digital Health Company Eko Closes $20 Million Series B to Continue the Fight Against Heart Disease

- AI-driven digital health startup Eko raises $20M led by ARTIS Ventures with participation from 3M and Mayo Clinic. - Funding will be used to accelerate research and development (R&D) and commercialization of Eko’s machine learning platform for cardiac screening/analysis. - Eko’s cardiac monitor combines digital stethoscope and ECG technology both for in-clinic and at-home monitoring, which enables patients to seamlessly and consistently send cardiac data to their
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