OSF Ventures, the corporate investment arm of OSF HealthCare, is joining other health care systems and strategic investors from within the healthcare industry as a strategic limited partner (LP) in Boston-based LRVHealth's $100M "Inside Healthcare" venture capital fund. As part of LRVHealth’s collaborative innovation platform, OSF will help identify, create and invest in early-stage companies spanning healthcare IT, tech-enabled health services, medical devices, and diagnostics.
Why
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Hackensack Meridian Health Expands $25M Healthcare Innovation Program to all Network Hospitals
Hackensack Meridian Health, New Jersey’s largest and most integrated health network is expanding their healthcare innovation program, Bear’s Den, to all hospitals to encourage the network’s 34,000 team members to bring forth their best ideas to transform care delivery and enhance patient satisfaction.
Bear's Den Overview
Launched in 2017, Bear’s Den features a panel of experts, including CEO Robert C. Garrett, leading physicians, key network executives, venture capitalists,
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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OptiScan Biomedical Nabs $20M for FDA-Cleared Continuous Glucose Bedside Monitor for ICU
OptiScan Biomedical, a developer of an innovative continuous monitoring system for use in the surgical intensive care unit (SICU) has raised $20 million in Series E funding. The company plans to use the funding to support the commercialization of the company’s lead product, the OptiScanner 5000, in the United States. OptiScan will also use a portion of the funding to continue the expansion of the company’s OptiScanner platform to monitor additional analytes of interest for critically ill
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Peerfit Lands $18M to Redefine Corporate Wellness
Peerfit, a digital health platform that connects employers and carriers with personalized fitness experiences has raised $18 million in Series C funding led by Virgo Investment Group. The company plans to use the latest round of funding to expand its core brand, reach more employers and their employees, and will also help with its expansion into the Medicare Advantage space with Peerfit Move.
Peerfit Background
Founded in 2011, Peerfit digital platform helps insurance
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TriNetX Lands $40M to Expand Global Health Research Network
TriNetX, a Cambridge, MA-based global health research network that optimizes clinical research and enables discoveries through the creation of real-world evidence (RWE) has raised $40 million in Series D funding. The Series D funding round was led by Merck Global Health Innovation Fund (Merck GHIF) along with new investors Mitsui & Co., Ltd., ITOCHU Technology Ventures, ITOCHU Corporation, and existing investors MPM Capital, F2 Ventures, and Deerfield Management. To date, TriNetX has raised
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Truepill Nabs $13.4M for B2B Pharmacy API and Fulfillment Service
Truepill, a San Mateo, CA-based B2B pharmacy fulfillment service announced it has raised $13.4 million in Series A funding led by Initialized Capital, with participation from Y Combinator, Sound Ventures, Tuesday Capital and others. The company plans to utilize the funding to expand its team and fulfillment facilities across the US and enter the UK market.
Why Truepill?
As healthcare undergoes a massive shift towards telemedicine and direct-to-consumer care and treatment, Truepill is the
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Olio Raises $2.5M to Connect Acute & Post-Acute Providers by Specialty
Olio, a Carmel, IN-based digital communication platform that digitally connects hospital and physician teams with post-acute providers around the patient's healthcare episode type, announced today that it has raised $2.5 million in seed funding. The oversubscribed round was concentrated in strategic seed investors who explicitly understand the complexity of the healthcare environment, the challenges ahead within the industry, and the challenge that Olio addresses.
Olio
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Israeli-based OurCrowd Launches $50M Medtech Fund
OurCrowd, an Israeli-based global investment platform has announced the launch of the $50 million OurCrowd Medtech Fund. The $50M fund will focus exclusively on investing in disruptive medical technologies and therapeutics with the potential to transform global healthcare delivery and patient outcomes. The announcement marks OurCrowd's first fund dedicated to the medical technology market. OurCrowd vets and selects companies invests its own capital and invites its accredited membership of
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Northwestern Medicine and Eko Launches AI Algorithms Heart Murmurs Study
Northwestern Medicine and Eko launches a new clinical study to validate algorithms that help providers more accurately screen for valvular heart disease with a digital stethoscopeToday Northwestern Medicine Bluhm Cardiovascular Institute and Eko have announced a partnership pioneering the use of artificial intelligence (AI) for cardiac screening in a new study of Eko’s cardiac monitoring platform. The study aims to demonstrate that Eko’s digital stethoscopes and AI algorithms can interpret heart
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