- 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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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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
- 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
- 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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Molina Healthcare of Washington Launches $3M Community Innovation Fund
- Molina Healthcare of Washington launches $3M community innovation fund that will support Washington community-based organizations over the next three years.- The Molina Fund will support lower access barriers, close community-based care gaps and address the social determinants of health for Medicaid beneficiaries in regions of Washington State that have implemented Integrated Managed Care (IMC).- The Molina Fund will invest up to $1 million per year in Washington-based 501(c)(3) nonprofit
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EMPATHIQ Acquires Patient Experience & Reputation Platform Rivews
- EMPATHIQ acquires Rivews, a patient experience and reputation platform that enables healthcare organizations in instantly connecting with patients via text-message post-care.
- The acquisition will enable EMPATHIQ to further advance from its current online reporting and monitoring platform to enabling healthcare organizations in the collection of real-time patient feedback and surveys after-care.
- To date, Rivews has identified over 32,500 patient complaints with 17,500 of them
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Heal Acquires Doctors on Call, Expands House Call Service to NYC
- Doctor house calls provider Heal expands to New York City with the acquisition of Doctors on Call.
- With the acquisition of Doctors on Call, Heal’s service footprint expands to more than 75 million Americans nationwide throughout Atlanta, GA, California, New York, Northern Virginia and D.C.
- Doctors On Call, founded in 1968 by Paul R. Rosenstock, MD., and now owned and operated by Heal, offers medical house calls for elderly and homebound patients throughout New York’s five
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InsightRX Lands $10M for Precision Medicine Dosing at the Point of Care Platform
- InsightRX raises $10M led by HealthX Ventures to accelerate the adoption of its precision dosing at the point of care platform.
- The platform leverages patient-specific data, pharmacology models, and machine learning to understand each patient’s unique pharmacological profile to guide treatment decisions.
- InsightRX plans to use the new funding to deepen its integration capabilities, broaden development across additional therapeutic areas, and continue its expansion into health
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TEAMFund Closes $30M Impact Fund to Invest in Medical Tech Startups Improving Patient Access in Low-Resource Settings
TEAMFund ("Transforming Equity and
Access for MedTech") closes $30M inaugural fund to invest in medical tech
startups that improve patient access in low-resource settings.
TEAMFund invests in
commercial-stage companies addressing non-communicable diseases in low-resource
settings, with an initial geographic focus in India and Sub- Saharan Africa.
TEAMFund has a 10-year horizon
and expects to have 8-10 portfolio companies in the Fund with up to 5 years to
commit the
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Former Walgreens Executive Launches New Digital Health Startup, ATX Therapeutics
- ATX Therapeutics launches to create evidence-based digital therapeutic products to address specific chronic health conditions and associated risk behaviors
- ATX Therapeutics is founded by CEO Adam Falat, who previously led award-winning consumer digital health teams at Walgreens and athenahealth.
Former Walgreens executive Adam Falat today announced the launch of his new Austin-TX-based digital health company, ATX Therapeutics. The new company will create evidence-based digital
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