Netmeds, a Chennai, India-based online pharmacy announced on Monday it has reached an agreement to acquire KiViHealth, an India-based clinic management platform in a cash and stock deal. As part of the agreement, Netmeds will invest $10 million (Rs 70 crore) in KiVi Health to integrate and grow the KiViHealth business segment. The acquisition will help Netmeds to transform into a complete healthcare product and service company.
Founded in 2015 by Bhanu Mahajan and Rajandeep Singh,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Sharp Transitions Named $100k Winner of 2019 Hearst Health Prize
Hearst Health, in partnership with the Jefferson College of Population Health has namedSharp Transitions as the winner of the 2019 Hearst Health Prize for its home-based palliative care program for patients with advanced and progressive chronic illness who are not ready for hospice care. The $100k annual award was given at the Population Health Colloquium in Philadelphia today in recognition of outstanding achievement in managing/improving population health.
Why Sharp Transitions?
Sharp
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Vixiar Medical Nabs $1.5M to Expand Hand-Held Devices for Cardiac Monitoring
Vixiar Medical, Inc., a Baltimore, Maryland-based company dedicated to the development of non-invasive devices and systems for monitoring cardiopulmonary diseases has raised $1.5 million from new and existing investors. New investors joining in this round included Emerald Development Managers, MMG Opportunities and several individual investors. Existing investors included The Maryland Technology Development Corporation (TEDCO) through its seed fund, the Abell Foundation, individual investors and
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Vereco Acquires CynergisTek’s Managed Print Services Business
Vereco, LLC, a provider of healthcare document services, today announced an asset acquisition of CynergisTek’s managed print services (MPS) business. CynergisTek is a provider of healthcare cybersecurity, privacy, and compliance. Vereco’s private equity partner, Stella Point Capital, invested additional equity to fund the transaction. Acquisition Plans for CynergisTekPost-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization’s clients include more than 350
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OSF Ventures Invests in LRVHealth’s $100M VC Fund as Limited Partner
OSF Ventures, the corporate investment arm of OSF HealthCare, is joining other health care systems and strategic investors from within the healthcare industry as a strategic limited partner (LP) in Boston-based LRVHealth's $100M "Inside Healthcare" venture capital fund. As part of LRVHealth’s collaborative innovation platform, OSF will help identify, create and invest in early-stage companies spanning healthcare IT, tech-enabled health services, medical devices, and diagnostics.
Why
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Hackensack Meridian Health Expands $25M Healthcare Innovation Program to all Network Hospitals
Hackensack Meridian Health, New Jersey’s largest and most integrated health network is expanding their healthcare innovation program, Bear’s Den, to all hospitals to encourage the network’s 34,000 team members to bring forth their best ideas to transform care delivery and enhance patient satisfaction.
Bear's Den Overview
Launched in 2017, Bear’s Den features a panel of experts, including CEO Robert C. Garrett, leading physicians, key network executives, venture capitalists,
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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OptiScan Biomedical Nabs $20M for FDA-Cleared Continuous Glucose Bedside Monitor for ICU
OptiScan Biomedical, a developer of an innovative continuous monitoring system for use in the surgical intensive care unit (SICU) has raised $20 million in Series E funding. The company plans to use the funding to support the commercialization of the company’s lead product, the OptiScanner 5000, in the United States. OptiScan will also use a portion of the funding to continue the expansion of the company’s OptiScanner platform to monitor additional analytes of interest for critically ill
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Peerfit Lands $18M to Redefine Corporate Wellness
Peerfit, a digital health platform that connects employers and carriers with personalized fitness experiences has raised $18 million in Series C funding led by Virgo Investment Group. The company plans to use the latest round of funding to expand its core brand, reach more employers and their employees, and will also help with its expansion into the Medicare Advantage space with Peerfit Move.
Peerfit Background
Founded in 2011, Peerfit digital platform helps insurance
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TriNetX Lands $40M to Expand Global Health Research Network
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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