FundamentalVR, a London-based virtual reality (VR) training, and data analysis technology startup, today announced a three-year strategic partnership with Mayo Clinic to co-develop new VR simulations leveraging haptic (sense of touch) technology for general surgical procedures, patient-specific modeling and emerging interfaces for robotic surgery.Additional $1.4M in FundingIn addition, the company has raised an additional $1.4 million in funding from existing investor Tern Plc. The company plans
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Carrot Nabs $25M to Commercialize Smoking Cessation Digital Health Platform
Carrot Inc., a Redwood City, CA-based digital health startup has raised $25 million in funding led by JJDC to commercialize its smoking cessation digital health platform, Pivot. The round also included participation from New York Life Ventures and existing investors Khosla Ventures, Marc Benioff, Carrot founder David S. Utley, M.D., and R7 Partners.Financial Impact of Smoking for EmployersSmokers cost their employers more than $7,000 annually, per person, in excess healthcare and lost
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Boston Health IT Startup Laudio Launches to Solve Health System Staff Burnout
Boston-based health IT entrepreneurs have teamed up to launch Laudio, a healthcare staff relationship platform designed to solve health system staff burnout. Laudio uses artificial intelligence to predict and prevent staff burnout, through more frequent, timely, and relevant manager interactions. This new software-as-a-service solution reduces turnover rates, which saves even a medium-sized acute care facility millions of dollars on annual replacement costs.Founded by a team led by Russ
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LSU Health New Orleans Joins Vantedge Ventures to Support Physician-Led Innovation
LSU Health New Orleans announced that it has joined Vantedge Venture's Innovation Alliance (VIA), a collective of health systems seeking to innovate and create physician-led innovation developed by their network of clinicians and physicians. The Alliance will help LSU Health New Orleans Office of Technology Management vet and validate the commercial viability of inventions of LSU Health New Orleans clinical physician-scientists. As part of the alliance, Vantedge Ventures Fund will work with
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Mercom: Global Digital Health VC Funding Tops $3.1B in Q3 2018
Global digital health venture capital (VC) funding has already reached $9 billion in 2018, up 46 percent year-over-year (YoY) with a record $8B across 556 deals, according to market research firm Mercom Capital. The latest report reveals global digital health VC funding reached $3.1B across 173 deals, versus Q2 2018’s $2.4B in 196 deals.To date, digital health companies have raised ~$34B in 4,006 VC funding deals since 2010. Total corporate funding - including VC, debt, and public market
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K4Connect Raises $12M to Expand Smart Tech for Senior Living Communities
K4Connect, a Raleigh, NC-based digital health startup providing smart technology solutions for senior living communities has raised $12 million in Series B funding led by AXA Venture Partners. Founded in 2013, K4Connect plans to use the latest round of funding to further develop the Company's K4Community solution and underlying Fusion platform/OS technologies. In addition, the company plans to accelerate its partnerships across a spectrum of consumer and senior living-specific
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Mobile Chronic Care Management Startup cliexa Acquires Preventative Technology Solutions Inc.
cliexa, a Denver-based healthcare technology company with a modular software platform for chronic care management and patient-reported outcomes, today announced the acquisition of Preventative Technology Solutions Inc.(PTSI). PTSI) is a Colorado-based provider of medical assessment applications and mHealth prevention services for adolescents and young adults.With this acquisition, cliexa will develop a suite of behavioral health apps for primary care and family medicine physicians and clinicians
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OptimizeRx Acquires CareSpeak Communications to Expand Pharma Mobile Messaging
OptimizeRx Corp., a provider of digital health messaging for the pharmaceutical industry, today announced it has acquired CareSpeak Communications, a provider of interactive health messaging for improved medication adherence and care coordination. For OptimizeRx, the acquisition addresses the critical industry need for direct communication between pharma and patients, supporting greater medication adherence, patient engagement, and health outcomesAs part of the acquisition, CareSpeak will
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DexCom Integrates Continuous Glucose Monitoring Data with Validic Data Connectivity Platform
DexCom, Inc., a provider of continuous glucose monitoring (CGM) solutions, announced a partnership with data integration platform Validic. As part of the partnership, DexCom will integrate CGM data from Dexcom’s cloud API is integrated into the Validic’s connectivity platform to establish a multi-measure platform to stream in-home clinical data directly into clinical workflows and systems. This partnership is part of a larger effort to improve the interoperability of clinical systems and provide
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HealthXCapital Launches $25M Early-Stage Digital Health VC Fund in SE Asia and India
Singapore-based venture capital firm HealthXCapital today announced the launch of its US$25 million digital health venture capital (VC) fund focused on emerging markets in South East Asia and India. The fund was backed by Apollo Hospitals, Jungle Ventures, Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited), and other undisclosed private investors.HealthXCapital will focus on addressing: Access & Affordability — by investing in innovative healthcare
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