UnityPoint Health, a West Des Moines, IA-based network of hospitals, clinics, and home care services in Iowa, Illinois, and Wisconsin has announced the launch of its $100M venture fund at the inaugural MedCity INVEST Pop Health conference in New Orleans this week. The UnityPoint Health Ventures Innovation Fund will manage and direct the health system’s financial and strategic investment opportunities in early-stage growth companies in four key sectors: digital health, medical devices,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Stanford Spinout Cardinal Analytx Lands $22M for AI-Enabled Health Insights
Cardinal Analytx Solutions, an artificial intelligence (AI)-enabled health insights company has raised $22 million in Series B funding round led by John Doerr including participation from GuideWell Mutual Holding Corporation, Blue Shield California and Premera Blue Cross.Getting Ahead of High Cost EventsHealth insurers, accountable healthcare providers and other health industry stakeholders recognize that U.S. health care spending growth and shortfalls in treatment outcomes are not sustainable.
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Former FDA Commissioner Returns to Venture Capital Firm As Special Partner
Former FDA Commissioner Scott Gottlieb, M.D. is returning to global venture capital firm New Enterprise Associates (NEA) as a Special Partner on the firm’s healthcare investment team. Dr. Gottlieb was a Venture Partner at NEA from 2007 to 2017 before being appointed the 23rd Commissioner of the U.S. Food and Drug Administration (FDA), where he served from 2017 to 2019.Dr. Gottlieb is a physician, policy expert, and advocate for healthcare entrepreneurship, innovation, and access. He is focused
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Bioelectronic Medicine Startup Cala Health Nabs $50M for Wearable Neuromodulation Therapies
Cala Health, Inc., a San Francisco, CA-based bioelectronic medicine company developing wearable therapies for chronic disease has raised $50 million in Series C funding. New investors in the Series C funding round include Novartis, Baird Capital, LifeSci Venture Partners, TriVentures, and others. All existing investors participated in the round, including Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Lux Capital, Lightstone Ventures, Action Potential Venture Capital, dRx Capital, and
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Biofourmis Lands $35M for AI-Powered Digital Therapeutics Platform
Biofourmis, a Boston, MA-based digital therapeutics platform, today announced that it has raised $35 million in Series B funding led by Sequoia Capital/Sequoia India and co-led by Mass Mutual. The latest funding round will enable the company to advance its proprietary artificialintelligence (AI)-powered digital therapeutics platform and pipeline that treats and manages a range of complex chronic conditions.Digital Therapeutics is Redefining The Healthcare Value ChainFounded in 2015, Biofourmis
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Miraki Innovation Launches $175M Medical Technology Breakthrough Fund
Miraki Innovation has announced the launch of the Medical Technology Breakthrough Fund, a $175 million fund that will help finance and build the next generation of innovative medtech companies.Marking the third fund for Miraki’s founder, Chris Velis, Miraki's Medical Technology Breakthrough Fund will help support the company’s mission of identifying and solving the world’s most pressing health challenges through technology. Miraki leverages Chris’ unique, efficient and proven approach to
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$100k Hearst Health Prize for Excellence in Population Health Submissions Now Open
This week, Hearst Health announced that submissions are open for the 2020 Hearst Health Prize, an annual award in its 5th year that recognizes outstanding achievement of organizations managing or improving population health in the United States. The call for 2020 submissions was announced in partnership with the Jefferson College of Population Health (JCPH).Hearst Health Prize OverviewThe Hearst Health Prize evaluates implemented projects that demonstrate improved population health outcomes (it
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UPMC Launches New Telemedicine Company to Tackle Infectious Diseases
UPMC, today announced the launch of a new telemedicine-enabled
company to help hospitals address the nationwide shortage of physicians
specializing in infectious diseases. Backed by the world-class ID expertise of
UPMC, the new company named Infectious Disease (ID) Connect aims to improve outcomes while reducing
transfers and keeping patients in their own communities for treatment.
Factors Driving Formation of ID Connect
UPMC’s
network of hospitals has been providing ID services to
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BHE Raises $78M To Expand Real-World Evidence Analytics Platform
BHE, a Boston, MA-based innovative healthcare analytics company, today announced a $78 million minority growth investment led by Silversmith Capital Partners (“Silversmith”) and Leerink Transformation Partners (“LTP”). Instant Health DataThe use of real-world evidence (RWE) has grown rapidly within life sciences companies over the last several years, supported by the proliferation of large datasets, new computing technologies, and interest by both payers and regulatory agencies in understanding
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Solera Health Raises $42M to Scale Integrated Benefit Network for Chronic Disease Prevention
Solera Health, a Phoenix, AZ-based technology-enabled integrated benefit network has raised $42 million in Series C funding led by HCSC Ventures. Current investors BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures also participated in the most recent funding round. The Series C round, Solera's largest to date, brings its total funding to $72 million.Integrated Benefit NetworkFounded in 2015, Solera Health serves as an integrated benefit network
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