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

Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

by Fred Pennic 07/02/2020 Leave a Comment

Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

What You Should Know: - Evidation Health raises $45M in Series D funding to expand its privacy-first, direct-to-person research platform to the virtual health market. - Evidation Health will use this new investment to enable Achievers to gain clinically actionable insights into their health. The first of these new virtual health offerings is slated for release later this year. - To help guide the company as it ushers in this new era, Evidation has also hired Sam Marwaha as Chief
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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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