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

Curation Health Raises Series A Funding for Clinical Decision Support Platform

by Jasmine Pennic 10/06/2020 Leave a Comment

Curation Health Raises Series A Funding for Clinical Decision Support Platform

What You Should Know: - Curation Health raises an undisclosed Series A round of funding to accelerate the adoption of its advanced clinical decision support platform. - Curation Health provides an advanced clinical decision support platform for providers and health plans that aids in managing risk contracts and improving quality performance. Curation Health, an Annapolis, MD-based advanced clinical decision support platform for value-based care, today announced the completion of
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Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding

by Fred Pennic 10/06/2020 Leave a Comment

Remote Medical Documentation Startup Augmedix Closes $25M, Reverse Merger with Malo Holding

What You Should Know: - Augmedix closes $25 million in private placement funding and completion of a reverse merger transaction with Malo Holdings Corp. - Following the transaction, the merged entity will be named "Augmedix, Inc.", and will continue the historic and innovative business of Augmedix.  Augmedix, a company specializing in providing remote medical documentation and live clinical support services, today announced the closing of a $25 million private placement
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HealthTech Arkansas Unveils Latest Cohort of 5 Digital Health Startups

by Jasmine Pennic 10/06/2020 Leave a Comment

HealthTech Arkansas Unveils Latest Cohort of 5 Digital Health Startups

What You Should Know: - HealthTech Arkansas unveils its latest cohort of five digital health startups selected for the 2020 HealthTech Arkansas healthcare accelerator. - Each participating company will receive $75k in seed investment through a convertible note and the opportunity to pilot their solutions. Today, HealthTech Arkansas, Arkansas Children’s Hospital, Arkansas Heart Hospital, Arkansas Urology, Baptist Health, CHI St. Vincent, Conway Regional Health System, Mercy,
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Parexel Acquires Healthcare NLP Provider Roam Analytics

by Jasmine Pennic 09/23/2020 Leave a Comment

Parexel Acquires Healthcare NLP Provider Roam Analytics

What You Should Know:   - Parexel acquires healthcare software company Roam Analytics, Inc. to strengthen and enhance Parexel’s pharmacovigilance (PV) services. - The acquisition provides significant opportunities to apply Roam Analytics’ natural language processing (NLP) technology to further streamline and extract insights from unstructured data. - Parexel will also use Roam’s AI technology to leverage various data, from clinical notes, medical images, patient surveys,
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Healthcare VC Firm Longitude Capital Closes $585M Fund

by Fred Pennic 09/23/2020 Leave a Comment

Healthcare VC Firm Longitude Capital Closes $585M Fund - VC

What You Should Know:   - Healthcare venture capital firm Longitude Capital announces the close of its $585M Longitude Venture Partners IV, L.P. (“LVP4”) fund to invest in transformative healthcare companies. - LVP4 will invest opportunistically across all stages of a company’s development through a variety of approaches that include traditional venture capital investing and special situations such as spin-outs, equity-linked transactions, and private investments in public
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Beyond Limits Nabs $133M to Drive Global Expansion of AI Technology

by Fred Pennic 09/22/2020 Leave a Comment

Beyond Limits Nabs $133M to Drive Global Expansion of AI Technology

What You Should Know: - Beyond Limits, an AI provider that uniquely uses 45 technologies developed at Caltech and NASA’s Jet Propulsion Lab to provide business intelligence for healthcare raises $133M in funding. - Beyond Limits’ AI predictive model is helping healthcare professionals fight against COVID-19 including determining the percentage of patients that may need ventilators and ECMO in the ICU and dialysis units. Beyond Limits, an LA-based industrial and enterprise-grade AI
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Backed by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

by Jasmine Pennic 09/21/2020 Leave a Comment

Led by Kaiser, Osso VR Raises $14M for VR Surgical Training Platform

What You Should Know: - Osso VR raises $14M in Series A funding led by Kaiser Permanente Ventures (KPV) to expand its virtual reality (VR) surgical training platform. - Using immersive VR technology, Osso VR’s scalable platform offers a realistic, hands-on training environment that leads to real-world performance gains and ultimately improved patient outcomes. Osso VR, a Palo Alto, CA-based validated Virtual Reality (VR) surgical training platform, today announced it has raised $14M
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Olive Raises Another $106M for AI-Powered Digital Employee Platform

by Fred Pennic 09/17/2020 Leave a Comment

Olive Raises Another $106MM for AI-Powered Digital Employee Platform

What You Should Know: - The company that built healthcare’s first digital employee, Olive, today announced an additional $106M in financing in a round led by General Catalyst and Drive Capital. - Hospitals were implementing an AI workforce to manage administrative tasks before the pandemic started, and recent events have kicked adoption into overdrive. - Olive’s quick growth is a testament to hospitals’ urgent need for administrative efficiency as they navigate the public
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Ready Raises $54M to Become The Uber of On-Demand Healthcare Services

by Jasmine Pennic 09/16/2020 Leave a Comment

Ready Raises $54M to Become the Uber of On-Demand Healthcare Services

What You Should Know: - Ready, a company described as the “Uber” of on-demand health service, just raised $54 million in its Series C funding round. - Ready’s on-demand care model is evolving the healthcare industry with customer service and mobility, just like Uber did for ride sharing and Postmates for food delivery. Ready, an New Orleans, LA-based on-demand healthcare service, today announced that it closed $54 million of new funding to finance the expansion of its operations and
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Medigate Raises $30M for Medical & IoT Device Security Solution

by Fred Pennic 09/16/2020 Leave a Comment

Medigate Raises $30M for Medical & IoT Device Security Solution

What You Should Know: - Medigate announced $30M in Series B financing to expand its medical and IoT device security solution to ensure patient privacy and safety. - Medigate fuses the knowledge and understanding of medical workflow and device identity and protocols with the reality of today’s cybersecurity threats. With Medigate, hospital networks can safely operate all medical devices on their network, enabling deployment of existing and new devices to patients while ensuring privacy and
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