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

Healthcare Data Platform H1 Raises $12.9M to Fuel Growth

by Jasmine Pennic 04/22/2020 Leave a Comment

Healthcare Data Platform H1 Raises $12.9M to Fuel Growth

What You Should Know:  - H1, the biggest database in the world connecting healthcare, life science professionals, and companies raises $12.9M in funding. - Its healthcare data platform provides comprehensive in-depth profiles of more than 8 million healthcare professionals and 16,000 institutions in 70+ countries, all of which are kept up-to-date weekly. The platform enables users to understand and analyze any healthcare professional’s full profile, including expertise, interests,
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Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs

by Jasmine Pennic 04/20/2020 Leave a Comment

Aledade Raises $64M for Value-Based Care Network of Physician-Led ACOs

What You Should Know: - Aledade raises $64M in Series C funding led by OMERS Growth Equity to expand its national network of more than 500 physician-driven accountable care organizations (ACOs) across 27 states. - To date, Aledade’s ACOs care for more than 840,000 patients and manage more than $7.5 billion in health care spending through 38 Medicare and 42 other value-based contracts. Today, Aledade announced it has closed a $64 million Series C funding round following the
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Tyto Care Lands $50M for Telehealth Platform for On-Demand, Remote Medical Examinations

by Fred Pennic 04/07/2020 Leave a Comment

COVID-19 Spikes Deaconess Health Adoption of Remote Medical Exams

What You Should Know: - Tyto Care raises $50M in an oversubscribed round co-led by Insight Partners to expand its modular device and telehealth platform for on-demand, remote medical examinations. - The growth round doubles the telehealth company’s total funding after serving over 100 health organizations, thousands of clinicians, and hundreds of thousands of patients in 2019. Tyto Care, the healthcare industry’s first all-in-one modular device and telehealth platform for
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Datos Health Nabs $7M to Hospital-Grade, Automated Remote Care Platform

by Fred Pennic 04/07/2020 Leave a Comment

Datos Health Nabs $7M to Hospital-Grade, Automated Remote Care Platform

What You Should Know: - Israeli-based digital health startup Datos Health raises $7M in Series A funding led by Israeli venture fund Crescendo Venture Partners. - The successful fundraising comes amid surging interest in the Datos’ versatile and robust remote patient care platform, demonstrated in its timely deployment to support leading US and Israeli healthcare providers – including Rochester Regional Health and Sheba Medical Center – to enable remote care and monitoring for home
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SV Health Investors Forms $90M Medtech Convergence Fund

by Jasmine Pennic 04/06/2020 Leave a Comment

SV Health Investors Forms $90M Medtech Convergence Fund

What You Should Know: - SV Health Investors forms $90M  Medtech Convergence Fund (MCF) focused on the increasing convergence of medical technology with software, telecommunications, and new service models to create solutions to some of the most significant health challenges. - MCF will focus on early-stage, novel device and technology solutions that are differentiated in usability and outcomes with meaningful barriers to entry through IP, design, and clinical data.  SV Health
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SonderMind Raises $27M to Expand Behavioral Health Marketplace

by Jasmine Pennic 04/06/2020 Leave a Comment

SonderMind Raises $27M to Expand Community Behavioral Health Network

What You Should Know: - Today, SonderMind, a 500-strong integrated network of community behavioral health professionals announced a $27 million Series B financing. - With a goal of making behavioral health more accessible, available and utilized, SonderMind is very active easing the minds of the worried well and enabling a value proposition for therapists (to the benefit of patients) that is pushing therapy beyond the better-heeled patient that can afford self-pay to the bulk of the
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Olive Lands $51M to Power AI-Powered Digital Employee Platform

by Fred Pennic 03/31/2020 Leave a Comment

Olive, Clinc Partner to Add Coversational AI to Digital Healthcare Employee for Hospitals

What You Should Know: - Olive, a company automates healthcare’s most robotic processes raises $51M in funding led by General Catalyst. - Olive automates healthcare’s most costly, high-volume tasks using the building blocks of artificial intelligence: robotic process automation, computer vision, and machine learning.  - Working alongside healthcare employees, Olive is trained to think cognitively and make complex decisions faster, and more accurately than human employees Olive,
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AristaMD Raises $18M to Expand eConsults Platform to Improve Patient Outcomes

by Fred Pennic 03/31/2020 Leave a Comment

AristaMD Joins Epic App Orchard Marketplace to Streamline eConsult Process

What You Should Know: - AristaMD has raised $18 million in Series B led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), with participation from Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care.   - Now more than ever, eConsults are a crucial resource in providing fast, efficient, HIPAA-compliant, and fully scalable access to specialists.  - Annually there are around 20 million routine clinical
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Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

by Fred Pennic 03/27/2020 Leave a Comment

Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

What You Should Know: Bright.md announced the close of an $8 million series C to deliver critical capacity to support patient care in the midst of a COVID-19 pandemic and to help flatten the curve. The funding will be used for a massive expansion effort to bring non-video telehealth to aid frontline healthcare workers and the patients they are treating.  Over six years, Bright.md has stretched $12.5 million to advance its AI-powered automation platform for primary and urgent
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Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator

by Fred Pennic 03/13/2020 Leave a Comment

Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator

What You Need to Know: - Bill & Melinda Gates Foundation, Wellcome and Mastercard launch COVID-19 Therapeutics Accelerator to speed development and access to therapies for COVID-19, committing up to $125M in funding. - COVID-19 Therapeutics Accelerator will coordinate R&D efforts and remove barriers to drug development and scale-up to address the epidemic. The Bill & Melinda Gates Foundation, Wellcome and Mastercard announced the launch of the COVID-19 Therapeutics
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