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

LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

by Fred Pennic 05/08/2019 Leave a Comment

LunaPBC Raises $4.6M to Fuel Community-Owned Genomic & Health Data Platform

LunaPBC, founder of LunaDNA, the first community-owned genomic and health data platform, has raised $4.6 million from ARCH Venture Partners, Bain Capital Ventures, F-Prime Capital, Illumina Ventures, and Osage University Partners. The latest round brings the company’s total funding to date to $7.6 million. First Community-Owned Health & DNA Research Platform Founded in 2017 on the belief that health data sharing and community ownership are the new philanthropy, LunaDNA is the first
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Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

by Fred Pennic 05/08/2019 Leave a Comment

Velano Vascular Raises $10M for FDA-Cleared Needle-Free Blood Draw Device

Velano Vascular, a San Francisco, CA-based vascular access technology innovator today announced that it has raised $10 million from strategic investor Intermountain Healthcare following the system’s rollout of the PIVO™ needle-free blood collection technology. The funding also included participation from Becton Dickinson’s former Chairman and CEO Edward Ludwig; notable entrepreneur, investor, and health sector philanthropist Marc Benioff; Baxter International’s former Chairman and CEO Robert
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DispatchHealth Nabs $33M to Expand On-Demand Healthcare Model to High Acuity Patients

by Jasmine Pennic 05/07/2019 Leave a Comment

Philips, Dispatch Health Launch On-Demand Home Care Pilot Program for Arizona Seniors

DispatchHealth (formerly known as True North Health Navigation), a Denver, CO-based provider of on-demand healthcare delivery to a patient’s home has raised $33 million in growth capital funding led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions. The funding also included participation from existing investors Alta Partners, Questa Capital and additional strategic investors.Founded in 2013 by two mobile health executives, DispatchHealth’s
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Digital Employment Marketplace for Nursing Professionals Trusted Health Lands $20M

by Jasmine Pennic 05/06/2019 Leave a Comment

Digital Employment Marketplace for Nursing Professionals Trusted Health Lands $20M

 Trusted Health, a San Francisco, CA-based digital employment marketplace for nursing professionals announced it has raised $20 million in Series A funding led by Craft Ventures with participation from previous investors Felicis Ventures and Founder Collective. In addition to the Series A funding round, the company also has officially launched support for flexible nursing opportunities nationwide and added permanent staff openings for nurses seeking more traditional employment. Nurses can
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Roundtrip Nabs $5.1M to Expand Digital Transportation Marketplace for Providers & Patients

by Jasmine Pennic 05/03/2019 Leave a Comment

Roundtrip digital transportation marketplace

Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes announced it has raised $5.14M in Series A funding led by Motley Fool Ventures, with participation from a multi-billion dollar international healthcare software and medical device company, Ben Franklin Technology Partners of Southeastern Pennsylvania and Johns Hopkins University.Digital Transportation MarketplaceEvery day, 10,000 patients miss or delay care due to a transportation barrier. Learn
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Misonix Acquires Regenerative Wound Healing Product Theraskin for $97M

by Fred Pennic 05/02/2019 Leave a Comment

Misonix Acquires Regenerative Wound Healing Product Theraskin for $97M

Misonix, Inc., a provider of minimally invasive therapeutic ultrasonic medical devices announced it has entered into a definitive agreement to acquire Solsys Medical, LLC, a privately held regenerative medical company in an all-stock transaction valued at approximately $97 million. The acquisition of Solsys substantially broadens Misonix’s addressable market through wound care solutions that are complementary to its existing products. Theraskin: Real Skin from One Human to Another Solsys
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RefleXion Medical Receives $60M Loan for Biology Guiding Radiotherapy Machine

by Jasmine Pennic 05/02/2019 Leave a Comment

RefleXion Medical, Inc., a biotargeting oncology company developing the first and only biology-guided radiotherapy (BgRT) machine* for targeted cancer treatment has received a $60M senior secured term loan from Oxford Finance LLC. The company plans to use the loan to support the completion of the FDA clearance process for its biology-guided BgRT system and its subsequent commercial launch. Building from Positron Emission Tomography Positron emission tomography (PET) is an established
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CirrusMD Lands $15M to Fuel Adoption of Chat-First Virtual Care Solution

by Fred Pennic 05/02/2019 Leave a Comment

CirrusMD Chat-First Virtual Care Platform

CirrusMD, a Denver, CO-based chat-first virtual care solution, today announced that it has raised $15 million in Series B funding led by Drive Capital, Colorado Impact Fund and other prior investors, bringing total funding to-date to $26 million. The company also announced a new contract with Iron Bow as a subcontractor to the United States Department of Veteran Affairs (VA) for improved care access and delivery for the veteran community. Care Without Barriers Founded in 2012 by Blake
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NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

by Fred Pennic 05/01/2019 Leave a Comment

NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

NASSCOM and GE Healthcare have formed a strategic partnership to foster healthcare innovation to bring digital health solutions to the market in India. NASSCOM CoE-IoT is India’s largest deep-tech Innovation hub for startups that provides a platform for collaborative innovation.Strategic Partnership DetailsThrough NASSCOM’s Center of Excellence-Internet of Things (CoE-IoT), GE Healthcare will work with India-based startups to co-create solutions for real-world healthcare challenges in the areas
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AMN Healthcare to Acquire Advanced Medical for $200M

by Jasmine Pennic 05/01/2019 Leave a Comment

AMN Healthcare to Acquire Advanced Medical for $200M

AMN Healthcare Services, Inc. (AMN), a nationwide healthcare workforce solution and staffing services, today announced a definitive agreement to acquire Advanced Medical Personnel Services, Inc. (Advanced) for $200 million. Advanced is an innovative healthcare staffing company that specializes in placing therapists and nurses in contract positions across multiple settings including hospitals, schools, clinics, skilled nursing facilities, and home health. Advanced Medical works with Occupational
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