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

Roundtrip Nabs $5.1M to Expand Digital Transportation Marketplace for Providers & Patients

by Jasmine Pennic 05/03/2019 Leave a Comment

Roundtrip digital transportation marketplace

Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes announced it has raised $5.14M in Series A funding led by Motley Fool Ventures, with participation from a multi-billion dollar international healthcare software and medical device company, Ben Franklin Technology Partners of Southeastern Pennsylvania and Johns Hopkins University.Digital Transportation MarketplaceEvery day, 10,000 patients miss or delay care due to a transportation barrier. Learn
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Misonix Acquires Regenerative Wound Healing Product Theraskin for $97M

by Fred Pennic 05/02/2019 Leave a Comment

Misonix Acquires Regenerative Wound Healing Product Theraskin for $97M

Misonix, Inc., a provider of minimally invasive therapeutic ultrasonic medical devices announced it has entered into a definitive agreement to acquire Solsys Medical, LLC, a privately held regenerative medical company in an all-stock transaction valued at approximately $97 million. The acquisition of Solsys substantially broadens Misonix’s addressable market through wound care solutions that are complementary to its existing products. Theraskin: Real Skin from One Human to Another Solsys
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RefleXion Medical Receives $60M Loan for Biology Guiding Radiotherapy Machine

by Jasmine Pennic 05/02/2019 Leave a Comment

RefleXion Medical, Inc., a biotargeting oncology company developing the first and only biology-guided radiotherapy (BgRT) machine* for targeted cancer treatment has received a $60M senior secured term loan from Oxford Finance LLC. The company plans to use the loan to support the completion of the FDA clearance process for its biology-guided BgRT system and its subsequent commercial launch. Building from Positron Emission Tomography Positron emission tomography (PET) is an established
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CirrusMD Lands $15M to Fuel Adoption of Chat-First Virtual Care Solution

by Fred Pennic 05/02/2019 Leave a Comment

CirrusMD Chat-First Virtual Care Platform

CirrusMD, a Denver, CO-based chat-first virtual care solution, today announced that it has raised $15 million in Series B funding led by Drive Capital, Colorado Impact Fund and other prior investors, bringing total funding to-date to $26 million. The company also announced a new contract with Iron Bow as a subcontractor to the United States Department of Veteran Affairs (VA) for improved care access and delivery for the veteran community. Care Without Barriers Founded in 2012 by Blake
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NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

by Fred Pennic 05/01/2019 Leave a Comment

NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

NASSCOM and GE Healthcare have formed a strategic partnership to foster healthcare innovation to bring digital health solutions to the market in India. NASSCOM CoE-IoT is India’s largest deep-tech Innovation hub for startups that provides a platform for collaborative innovation.Strategic Partnership DetailsThrough NASSCOM’s Center of Excellence-Internet of Things (CoE-IoT), GE Healthcare will work with India-based startups to co-create solutions for real-world healthcare challenges in the areas
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AMN Healthcare to Acquire Advanced Medical for $200M

by Jasmine Pennic 05/01/2019 Leave a Comment

AMN Healthcare to Acquire Advanced Medical for $200M

AMN Healthcare Services, Inc. (AMN), a nationwide healthcare workforce solution and staffing services, today announced a definitive agreement to acquire Advanced Medical Personnel Services, Inc. (Advanced) for $200 million. Advanced is an innovative healthcare staffing company that specializes in placing therapists and nurses in contract positions across multiple settings including hospitals, schools, clinics, skilled nursing facilities, and home health. Advanced Medical works with Occupational
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Blue Cross Blue Shield, BHI Launches Data Innovation Challenge

by Fred Pennic 05/01/2019 Leave a Comment

Blue Cross Blue Shield, BHI Launches Data Innovation Challenge

The Blue Cross Blue Shield Association (BCBSA) and Blue Health Intelligence® (BHI) has announced the launch of the BlueCross BlueShield Data Innovation Challenge to develop solutions that increase access to care, enhance patient engagement, and improve care delivery and outcomes. BCBSA and BHI are collaborating with HIMSS and Healthbox, a HIMSS Innovation company, to implement the BlueCross BlueShield Data Innovation Challenge.BlueCross BlueShield Data Innovation Challenge OverviewTo advance
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XRHealth Inks Partnership to Provide VR Relaxation Videos to Hospitals Nationally

by Jasmine Pennic 04/30/2019 Leave a Comment

XRHealth Inks Partnership to Provide VR Relaxation Videos to Hospitals Nationally

XRHealth, formerly known as VRHealth is the leader in extended reality and therapeutic applications, announced today that they are partnering with Healing Healthcare Systems, Inc. to provide virtual reality (VR) relaxation videos to over 1,000 hospitals throughout the nation. XRHealth offers medical facilities their flagship product, the VRHealth Platform which includes a variety of VR medical apps: cognitive assessment and training apps, motor function apps, pain management apps, and behavioral
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Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network

by Jasmine Pennic 04/26/2019 Leave a Comment

Health-tech AI Startup mfine

mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Massachusetts Launches Digital Health ‘Sandbox’ Program for Startups

by Jasmine Pennic 04/25/2019 Leave a Comment

Massachusetts Launches Digital Health 'Sandbox' Program for Startups

 On Wednesday, Massachusetts Governor Charlie Baker joined members of the Massachusetts Digital Health Council to announce a new program to drive the growth of innovative startups in the state, helping them access unique R&D facilities in the state. The announcement was made at Worcester Polytechnic Institute’s PracticePoint research, development and commercialization alliance, the first R&D ‘sandbox’ selected to host startups as part of the program. That facility was the recipient of a
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