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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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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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AbleTo Acquires Digital Therapy App Joyable to Strengthen Virtual Behavioral Healthcare
AbleTo, Inc., a provider of virtual behavioral healthcare proven to improve clinical outcomes and lower healthcare costs has acquired Joyable, an app-based digital therapy innovator. The acquisition strengthens AbleTo's high-quality virtual behavioral healthcare with a digital platform that delivers clinically-based therapies supported by coaches to help individuals overcome depression, generalized anxiety, and social anxiety.Founded in 2014, Joyable offers users expert-designed digital
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MedStar Heart Disease Study Uses AI Nurse to Monitor Heart Failure Patients
ObEN Inc., an artificial intelligence (AI) company creating Personal AI (PAI) technology to revolutionize digital interactions announce it is working with MedStar Health Research Institute for a study on the use of Personal AI (PAI) healthcare assistants for patients suffering from heart failure. For the study, ObEN has created a medical health assistant app, called PAI Care, to help monitor patients of heart failure.MedStar Health Heart Disease Study OverviewUnder the direction of the
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Accenture Acquires Ireland-based Life Sciences Firm ESP
Accenture, today announced it is acquiring Enterprise System Partners (ESP), an Ireland-based consulting and manufacturing services provider for the life sciences industry. As part of the acquisition, ESP will join Accenture Industry X.0, which helps clients master the digital reinvention of industry, strengthening Accenture’s capabilities to transform manufacturing for pharmaceutical, biotech and medical device clients globally.The combination of ESP’s digitally-enabled manufacturing services
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Nutrimedy Named Winner of Boston Scientific Connected Patient Challenge
Boston-based Nutrimedy has been named the winner of the fourth annual Boston Scientific Connected Patient Challenge held by Boston Scientific at Google’s office in Cambridge, MA. The challenge invites innovators from around the world to submit concepts through an online platform where they can receive feedback throughout the fall and early winter until six finalists are selected for a live pitch-off event.This year’s theme, digital health solutions for chronic care, netted some of our most
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MedStack Lands $2.4M to Expand Privacy & Security Platform for Healthcare Apps
MedStack, a privacy and security compliance solution for healthcare apps, today announced it has raised a $2.4 million in seed funding. The seed round was led by TELUS Ventures, with participation from ScaleUP Ventures and Panache Ventures. Existing investor Ontario Centres of Excellence and several existing angel investors also participated in this round.The TELUS Ventures investment into MedStack represents a strategic synergy between MedStack's growing reputation as an enabler for digital
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