Meru Health, a Y Combinator company currently participating in the Texas Medical Center TMCx Accelerator in Houston has raised $4.2 million in seed funding from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures, and IT-Farm. The seed funding will be used to advance its mobile phone-based digital clinic for depression and anxiety and support additional clinical validation. Peer-reviewed data of this intervention found a significant reduction in depression symptoms as well as close
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
CPSI to Acquire Patient Engagement Company Get Real Health for $11M
CPSI, a community healthcare solutions company has reached an agreement to acquire Get Real Health, a Rockville, MD-based comprehensive patient engagement platform for $11 million in cash. CPSI is the parent of three companies – Evident, LLC, American HealthTech, Inc. and TruBridge, LLC. The acquisition will allow CPSI to advance their ability to care for patients outside the walls of a community healthcare facility.Value-Based Care Creating New Demands for Patient EngagementValue-based care
Read More
Why 2018 May Have Been A High-Water Mark for Digital Health Funding
Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
Read More
Vital Lands $5.2M for AI-Powered Emergency Department Platform
Vital, an Atlanta, GA-based AI-powered software increasing productivity and improving patient health in hospital emergency rooms has raised $5.2M led by First Round Capital and Threshold Ventures (formerly DFJ Venture). The seed round also includes participation from Bragiel Brothers, Meridian Street Capital, Refactor Capital, and SV Angel, with angel investment from Vivek Garipalli, CEO of CloverHealth; and Nat Turner and Zach Weinberg, founders of Flatiron Health. Josh Kopelman, founder, and
Read More
Mayo Clinic, ASU Unveils Six Digital Health Startups for Inaugural MedTech Accelerator Cohort
The MedTech Accelerator, a collaborative effort between Mayo Clinic and Arizona State University has announced the selection of six digital health startups for its inaugural cohort. The MedTech Accelerator provides medical device and healthcare IT early-stage companies with personalized business development plans to collaborate with Mayo Clinic and ASU and accelerate go to market and investment opportunities. Benefits of Accelerator for Selected StartupsThe immersive experience will help
Read More
UnitedHealthcare Tech Accelerator Appoints Matt Miller as Managing Director
Today, UnitedHealthcare and Techstars opened applications for the UnitedHealthcare Accelerator Powered by Techstars, which just launched in Minneapolis to collaboratively develop innovations in digital health and wellness. The program will focus on digital health and wellness solutions that help support and enhance the experience of UnitedHealthcare members.UnitedHealthcare Tech Accelerator Application Criteria & DeadlineApplications for the inaugural class are open through May 12, 2019. The
Read More
Censinet Nabs $7.8M for Third-Party Vendor Risk Management Platform
Censinet, a third-party risk management company for healthcare providers has raised $7.8 million in Series A funding co-led by HLM Venture Partners and Cedars-Sinai Health System. The Series A round also includes participation from seed investors Schooner Capital, LRVHealth and Excelerate Health Ventures.The Problem with Provider Vendor Risk Management TodayHospitals today work with 700 vendors on average, each requiring a risk assessment that can take eight weeks or more to complete. Due to the
Read More
EMV Capital Acquires Predictive Adverse Events Platform Wanda
EMV Capital, a London-based early-stage venture investor announced the acquisition and investment in Wanda Inc., a San Francisco-based digital health startup commercializing advanced clinical decision support software powered by machine learning and real-time patient data analysis. EMV Capital’s investment will enable Wanda to accelerate its growth in the North American market, as well as to enter the UK and European markets.Wanda Inc. BackgroundWanda Founded in 2011 from the results of eight
Read More
PathAI Lands $60M to Accelerate AI-Powered Pathology Platform
PathAI, a Boston, MA-based provider of AI-powered pathology platform has raised $60M in Series B funding led by General Atlantic with strong participation from General Catalyst and other existing investors. General Atlantic Managing Director Dr. Michelle Dipp will be joining PathAI’s board of directors.Advanced Learning Towards Faster More Accurate Diagnosis of DiseaseCo-founded by Chief Executive Officer Dr. Andy Beck in 2016 with the mission to offer faster, safer and more powerful solutions
Read More
AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
Read More
