Identity Automation, a leading provider of Access Management (AM), Identity Governance (IGA), and Multi-Factor Authentication (MFA) software, today announced its acquisition of Boise, ID-based HealthCast Inc., provider of award-winning enterprise single sign-on (eSSO) and virtual desktop technology for the healthcare industry. Financial details of the acquisition were not disclosed.Increased regulation and the shift from paper-based to digital records has created new challenges in securing and
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups
XLerateHealth, a Louisville-based healthcare accelerator, today announced it has selected ten companies to participate in their sixth cohort of companies. The accelerator’s 12-week intensive program will help the early stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers, Providers (hospitals, ACOs, nursing homes, home health and group practices), and customers (employers and/or consumers). At the conclusion of the Bootcamp cohort,
Read More
Madaket Health Raises $10M for Automated Healthcare Provider Enrollment Platform
Madaket Health lands $10M for automated healthcare provider enrollment platform to accelerate its growth, expand platform solutions for payer-provider collaboration.Madaket Health, a Cambridge, MA-based healthcare SaaS platform solution that simplifies administrative data exchange between payers and provider has raised $10 million in Series B funding Qiming Venture Partners. The round also included participation from Experian Ventures, The PNC Financial Services Group, and Salesforce Ventures.
Read More
RXQ Compounding Raises $7M for FDA Approved 503B Outsourcing Facility
RXQ Compounding, LLC, an Athens, Ohio-based manufacturer of sterile and non-sterile medications licensed to ship to 38 states and Washington, D.C., announced it has raised $7 million in Series A funding led by Ohio Innovation Fund (OIF). RXQ plans to use the latest round of funding to open a new state-of-the-art FDA 503B outsourcing facility for pharmacy compounding, employing hundreds in the Appalachian area of Southeast Ohio. RXQ Compounding, LLC is poised to be a leader in the new paradigm
Read More
Click Therapeutics Lands $17M to Advance Prescription Digital Therapeutics Platform
Click Therapeutics, Inc. (“Click”), a provider of Digital Therapeutics solutions as prescription medical treatments, has raised $17 million in funding led by Sanofi Ventures, the corporate venture capital arm of Sanofi. Sanofi Ventures invests in early-stage biotech and digital health companies with innovative ideas and transformative new products and technologies of strategic interest to Sanofi. Among these areas are rare diseases, vaccines, potential cures in other core areas of Sanofi’s
Read More
Centivo Raises $34M to Launch Next-Gen Self-Funded Health Plan
Centivo, a new type of self-funded health plan built specifically for employers and their employees and families has raised $34 million in Series A funding led by Bain Capital Ventures. The round also included participation from F-Prime Capital Partners, Maverick Ventures, Bessemer Venture Partners, Ingleside Investors, Rand Capital, Grand Central Tech Ventures, Oxeon Investments, and several individual investors, including industry veterans Jim Foreman, Ken Goulet, and Kevin Hill.Founded in
Read More
B. Braun Acquires Bloodlines Business from MedTech Company NxStage Medical
B. Braun Medical Inc. (B. Braun), a market leader in renal therapies, infusion therapy, and pain management, has signed an agreement to acquire the bloodlines business operated under the Medisystems® name by NxStage Medical, Inc., a medical technology company based in Lawrence, Massachusetts (NxStage). The bloodlines business includes blood tubing solutions designed to eliminate blood air interface and a tubing product that eases the reversal of blood flow during treatment.NxStage Medical, Inc.
Read More
PlayMaker Health Acquires viaDirect to Improve Healthcare Data Insights for Post-Acute Care
Playmaker Health, a Nashville, TN-based provider of market intelligence to post-acute providers, has acquired one of its competitors, ViaDirect. Hospices, LTCs, SNFs and others are still in the early stages of using analytics to refine their strategies around referral sources, opportunities for market expansion, and everything in between. With the ViaDirect acquisition, Playmaker’s platform includes not just Medicare and commercial claims data, but Lexis/Nexus data analytics as well. This
Read More
Kindly Care Lands $5.4M to Expand Elder Care Marketplace
Kindly Care, a San Francisco, CA-based elder care marketplace, today announced it has raised $5.4 million in Series A funding led by Javelin Venture Partners. The round also included participation from MHS Capital and Jackson Square Ventures. Kindly Care plans to utilize the latest round of funding to fuel additional growth of the company’s vision to provide a simple and safe solution for affordable elderly care, fund development of additional capabilities for the platform, and to support
Read More
Embleema Launches Blockchain-Powered Personal Health Record Platform
Embleema comes out of stealth to connect patients, life sciences, and regulators through its healthcare blockchain-enabled personal health record (PHR) platform. Embleema, a NYC-based patient-focused healthcare blockchain network, today emerged from stealth after one year of R&D, to launch the public beta release of its patient-driven, HIPAA-compliant, blockchain-enabled personal health records (PHR) platform. The new blockchain-driven PHR platform give patients complete control over their
Read More
