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

Health Tech Startup Bridge Connector Raises $4.5M for Healthcare Data Integration Platform

by Fred Pennic 06/05/2018 Leave a Comment

Bridge Connector Raises $4.5M for Healthcare Data Integration Platform

Bridge Connector, a healthcare data integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations, today announced it has raised $4.5 million in seed funding led by Axioma Ventures LLC. The seed round also includes participation from  Alex Jenkins, co-founding partner of Axioma Ventures; Hannibal Baldwin, Chief Financial Officer of Baldwin Beach Capital and Co-CEO of SiteZeus; and Jeffrey S. Wenger, M.D., a board-certified
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Parachute Health Nabs $9.5M for ePrescribing Platform for DME and Supplies

by Fred Pennic 06/05/2018 Leave a Comment

Parachute Health Nabs $9.5M for Eradicate Outdated Model for Ordering DME and Supplies

Parachute Health, a New York-based ePrescribing platform transforming the way patients receive the care they need to properly manage their health and recovery at home has raised $9.5 million in new funding led by Harley Miller and Dan Ahrens of Insight Venture Partners. The funding also included participation from GNYHA Ventures, the business arm of the Greater New York Hospital Association and Anthony Welters, formerly of UnitedHealth Group. The company plans to use the funding to expand
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock

by Fred Pennic 06/04/2018 Leave a Comment

Teladoc Acquires Global Virtual Care Provider Advance Medical for $325M

Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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Qardio Launches New Service for Doctors to Bill for Remote Care Monitoring, Increasing Revenue Opportunities

by Fred Pennic 05/31/2018 Leave a Comment

Remote Patient Monitoring Qardio Launches New Service for Doctors to Better Remotely Monitor Patients

Qardio, a digital health company, announced a new service for remote monitoring that brings a smarter way for doctors to deliver non face-to-face patient care while increasing revenue opportunities with the new reimbursement CPT code 99091. This new service is powered by Qardio’s doctor platform, QardioMD, which automatically compiles and analyzes patient vitals such as blood pressure, ECG and weight recorded outside the doctor's’ office. With this service, doctors can now more easily be
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Oshi Health Launches All-in-One Mobile App for IBD Management

by Jasmine Pennic 05/31/2018 Leave a Comment

Oshi Health, Inc. today announced the release of Oshi, a digital tracking mobile app with all-in-one features for inflammatory bowel disease (IBD) management and wellness including symptom tracking, curated learning, and expert Q&A. Oshi is now available for download on the Apple App Store or Android Google Play.Currently, there is no known cause or cure for Crohn's disease (CD) or ulcerative colitis (UC), the two main forms of IBD. Both are marked by inflammation in the lining of the
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Boomtown, COPIC Launch Patient Safety HealthTech Startup Accelerator

by Fred Pennic 05/31/2018 Leave a Comment

Boomtown, COPIC Launch Patient Safety HealthTech Startup Accelerator

Boulder, CO-based startup accelerator Boomtown and COPIC, a medical liability insurance provider recognized for its innovative patient safety and risk management, have announced a multi-year agreement to launch the Patient Safety HealthTech Startup Accelerator. The Boomtown Patient Safety Health Tech Accelerator will supports innovations in patient​ ​ safety and risk management and is seeking startups empower consumers, increase efficiency, and improve outcomes for patients and providers
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AARP Partners With Folia, Orbita & Pillo Health to Improve Patient Wellbeing

by Fred Pennic 05/30/2018 Leave a Comment

AARP Partners With Folia, Orbita & Pillo Health to Improve Patient Wellbeing

AARP announced its collaboration with three healthcare startups in its “champion” role in PULSE@MassChallenge, a digital health accelerator.  As part of its participation, AARP is working with three Massachusetts-based companies focused on advancing healthcare and improving patient wellbeing: Folia Health, Inc., Orbita, Inc., Pillo Health.Earlier this year, 32 finalist startups from over 500 applicants entered the 2018 PULSE@MassChallenge accelerator program. The startups selected to participate
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Propeller Health Lands $20M to Develop Digital Medicine Platform Across Therapeutic Areas

by Fred Pennic 05/30/2018 Leave a Comment

Propeller Health, Aptar Pharma Partner to Develop Digital Medicine Platform Across Therapeutic Areas

Propeller Health, a digital therapeutics company, toay announced a $20 million funding round led by Aptar Pharma, with participation from existing investors Safeguard Scientifics, Social Capital, Hikma, 3M Ventures and SR One. Propeller plans to use the proceeds from the funding to support Propeller's investment in its pipeline of digital therapeutics and additional connected devices for the treatment of chronic respiratory disease, an area of continued market growth for the company. Propeller
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ResMed to Acquire Home Health Software Provider HEALTHCAREfirst

by Fred Pennic 05/29/2018 Leave a Comment

ResMed to Acquire Home Health Software Provider HEALTHCAREfirst

ResMed, a global leader in connected healthcare solutions, today announced it has entered into a definitive agreement to acquire privately held HEALTHCAREfirst, a provider of software solutions and services for home health and hospice agencies. Financial terms of the acquisition were not disclosed. Founded in 1992, HEALTHCAREfirst offers electronic health record (EHR) software, billing and coding services, and advanced analytics that enable home health and hospice agencies to optimize their
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Zebra Medical Vision Granted CE Approval for Breast Cancer Detection Algorithm

by Jasmine Pennic 05/29/2018 Leave a Comment

Zebra Medical Vision Granted CE Approval for Breast Cancer Detection Algorithm

Zebra Medical Vision, a machine and deep learning startup utilizing big data to diagnose diseases far better than radiology has received CE approval for its 7th disease detecting algorithm that will detect one of the deadliest of all: breast cancer. The algorithm is capable of detecting suspected malignant lesions in mammography scans. It is the latest addition to other automated tools announced in the past as part of it’s “All-In-One” AI1 business model, among them algorithms that automatically
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