- AVIA raises $22M to expand its leading healthcare innovation network to expand its service offerings and reach new markets. - Specifically, AVIA will tap into the new funds to grow its offerings in areas including consumerism, population health, and risk management, and to reach new markets such as pediatric hospitals and payers.- Members of the AVIA Innovator Network access unique insights, participate in collaborative strategic initiatives, and engage in consulting services to increase speed
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
XLerateHealth Awarded $1.7M Grants to Fuel Healthcare Innovation in Under-Resourced States
- XLerateHealth (XLH) has been awarded a total of $1.7M in grants to continue building the XLerator Network and support academic healthcare innovation across the Southeast. - The continuation of the grant secures a second year of funding for XLH and its partners to build on foundational assessment and planning work completed in year one.XLerateHealth (XLH), a Louisville, KY-based healthcare accelerator has been awarded grants totaling $1.7M to continue building the XLerator Network and support
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Medinas Raises $5M to Expand Pre-Owned Medical Equipment Marketplace
- Medinas close $5M seed funding round led by NFX to expand pre-owned medical equipment marketplace and asset management software for hospitals. - Pre-owned medical equipment marketplace and asset management software has helped hospitals reduce waste and save over $50M in sales equivalency by making equipment remarketing fast, easy and safe.- The Medinas Price Book utilizes over 9 million data points to provide estimated equipment values for the $156 billion healthcare equipment market in the
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Onegevity Health Acquires Global Licensing Rights to Mount Sinai’s Lab100
- Onegevity Health announced it has acquired global licensing rights to Mount Sinai’s Lab100 clinic that uses precision diagnostics to empower patients and help scientists advance our understanding of human health.
- Clinic and research lab offers patients access to comprehensive health assessment, expands clinical understanding of disease prevention and provides a wealth of health outcomes data.
Today, NYC-based health tech company, Onegevity Health, announced it acquired the global
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Partners HealthCare Launches $80M Investment Funds Towards AI & Digital Translation
- Partners HealthCare launches two new investment funds aimed at addressing the lack of translational funding in pre-clinical life sciences, Artificial Intelligence (AI) and digital technology development. - The Partners HealthCare Artificial Intelligence and Digital Translation Fund (AIDIF) has an initial funding of $30M over five years and the Translational Innovation Fund (TIF) has funding of $50M over six years.Partners HealthCare today announced the creation of two new investment venture
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Cleveland Clinic, American Well Launches New Company to Offer Virtual Visits
- Cleveland Clinic and American Well form a new joint venture, The Clinic, to distribute comprehensive health services through virtual visits. - Through a secure digital platform powered by American Well, people from around the world will be able to connect with Cleveland Clinic's leading specialists and receive insights, opinions, recommendations, and assistance for a variety of conditions.Cleveland Clinic and American Well are partnering on a first-of-its-kind initiative to provide broad
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The Innovation Studio at Children’s Hospital Los Angeles Unveils 5 Winners for Digital Health Lab Demo Day
- The Innovation Studio at Children's Hospital Los Angeles (CHLA) announced the winners of its first-ever Digital Health Lab Demo Day. - Winning VR, AR, and gaming innovations will receive $20,000 each in seed grants and be piloted at Children’s Hospital Los Angeles.The Innovation Studio at Children's Hospital Los Angeles (CHLA) announced the winners of its first-ever Digital Health Lab Demo Day, the culmination of a six-month venture to develop, incubate and implement virtual reality (VR),
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Top Global Digital Health/Health IT VC Funding Categories in Q3 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases
- UK startup Healx lands $56M, led by Atomico to build an AI-driven clinical-stage portfolio for rare diseases, including treatments for fragile X syndrome, the leading genetic cause of autism.
- Healx’s Rare Treatment Accelerator program is a new initiative launched in close partnership with patient communities to identify clinic-ready treatments for rare diseases within 24 months.
Healx, a Cambridge, England-based AI-powered and patient-inspired technology company specializing in
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Intermountain Ventures Invest in Omada Health to Expand Relationship
- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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