Medsphere Systems Corporation, a provider of affordable and interoperable healthcare information technology (IT) solutions and services, today announced it has raised $32 million in funding from Morgan Stanley Expansion Capital and East West Bank. The Carlsbad, CA-based company plans to use the capital infusion to address the growing demand for its comprehensive suite of healthcare IT solutions and services, and support future strategic acquisitions.Medsphere BackgroundFounded in 2002,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
M&A Analysis: 10 Reasons Why ResMed Acquired Propeller Health for $225M
On December 3rd, ResMed announced the acquisition of digital therapeutics maker Propeller Health for $225 million to help establish itself as a leader in COPD management across all stages of the disease. Digital medicines can help to personalize treatments, monitor patients in real-time, detect day-to-day changes in disease condition and increase patient adherence. Founded in 2010, Propeller helps people and their doctors better manage their COPD and asthma. Propeller’s digital medicine platform
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Dutch Startup Launches First Cancer Fatigue App to Support Cancer Patients & Survivors
Tired of Cancer, a Dutch-based digital health startup whose mission to help as many cancer patients and survivors fight cancer-related fatigue (CRF), today announced the first mobile app to address CRF. Now available for free, the Untire app is the first digital solution to support the 30-40% cancer patients and survivors suffering from cancer fatigue worldwide.Fatigue: The Most Common Side Effect of CancerCRF, characterized by feelings of exhaustion and weakness is the most common side effect
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Pillo Health Launches Voice-Activated Home Health Companion to Dispense Medication, Track Adherence, Deliver Care Plans
Pillo Health, a Boston-based digital health company bringing medication adherence to the forefront of healthcare has announced the official launch of Pillo, a voice-activated in-home companion with facial recognition that lets consumers better manage their health and stay connected to their caregivers. The home health assistant helps users better adhere to medication regimens, reminding them about dosages at set times, and offers them research-backed care plans to remain active and empowered in
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Tabula Rasa HealthCare to Acquire Precision Dosing Tool DoseMe
Tabula Rasa HealthCare, Inc., a healthcare technology company focused on advancing the field of medication safety, announced it has acquired Brisbane, Australia based DoseMe. DoseMe is the developer of DoseMeRx, an advanced precision dosing tool to help physicians and pharmacists accurately dose patients’ high-risk parenteral medications based on individual needs, resulting in significant improvements to mortality, risk, and patient outcomes. DoseMeRx’s precision dosing capabilities will now be
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Intelligent Health Monitoring Platform Myia Raises $6.75M to Improve Patients Lives Using Apple Watch, Fitbit, Motiv Ring
Intelligent health monitoring platform Myia Labs Inc. today announced it has raised $6.75M in seed funding led by applied artificial intelligence investors BootstrapLabs and Zetta Venture Partners with participation from the American College of Cardiology and The Boston Consulting Group. Myia harnesses the power of market wearables such as Apple Watch, Fitbit and Motiv’s Ring to monitor chronically ill patients and predict relapses before they happen. According to the American College of
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Curavi Acquires Post-Acute Telemedicine Provider Platform TripleCare
Curavi Health Inc., a comprehensive telemedicine solution for the nursing home today announced the acquisition of TripleCare, a Long Island City, New York-based provider of telemedicine solutions for the post-acute, long-term care industry, including skilled nursing facilities. For Curavi, the acquisition positions itself as a leader in the telemedicine market for the post-acute care space.Triple Care OverviewSimilar to Curavi, TripleCare uses a comprehensive telemedicine platform to give
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ResMed to Acquire Propeller Health for $225M, Will Operate as Standalone Business
ResMed to acquire digital therapeutics maker Propeller Health for $225 million, establishing itself as a leader in COPD management.ResMed, a provider of cloud-connected medical devices and out-of-hospital software-as-a-service (SaaS) business solutions, today announced it has entered a definitive agreement to acquire digital therapeutics startup Propeller Health for $225M. For ResMed, the acquisition will help establish the company as a leader in COPD management across all stages of the
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Biotech Startup ParaGen Technologies Raises $3M to Redefine Tissue Engineering
ParaGen Technologies, a Columbus, OH-based holding company of four tissue engineering medical device companies, announced that it raised $3 million in funding. The round was managed and organized through Ikove Venture Partners’ global network of investors (70% of the funds came from investors across 10 countries).Tissue EngineeringThe field of tissue engineering is focused on developing solutions to recreate the biological structures of the body. Generally, the synthetic products currently
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Bright Health Raises $200M to Expand Care Partner Health Plan Model
Bright Health, a provider of exclusive Care Partner Health Plans for everyday individuals at competitive prices has raised $200M in Series C funding. Investors in the Series C round includes two new investors, Declaration Partners and Meritech Capital, as well as existing investors Bessemer Venture Partners, Cross Creek Advisors, Flare Capital, Greenspring Associates, Greycroft Partners, New Enterprise Associates (NEA), Redpoint Ventures, and Town Hall Ventures. The insurance tech startup plans
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