Growing your digital health company to the point of acquisition can be exciting, but do you know the right steps to strategically close the deal? CarePort Health’s Marc Camm explains.Stand around any drawing board long enough and you’ll hear a familiar question regardless of the innovation: how do we scale this? Startup growth, especially in digital health, is challenging—some will seek acquisition—some will take the bootstrap route—and most will fail regardless. Still, there is room to succeed.
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Telhealth Startup Medici Acquires HIPAA-Secure Messaging App DockMD
Medici, an Austin, TX-based global HIPAA-compliant mobile app with secure text, voice and video messaging and allows doctors to provide virtual healthcare to patients, today announced its acquisition of HIPAA-secure messaging company DocbookMD. DocbookMD’s secure healthcare messaging app features real-time alerts to streamline communication, accelerate workflows and enhance team collaboration. For Medici, the acquisition will offer doctors and other healthcare providers access to a broad range
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Oncology Analytics Raises $21M to Provide Health Plans With Evidence-Based Analytics for Utilization Management
Oncology Analytics, an Atlanta-based digital health startup that provides health plans, providers and patients with an evidence-based, analytics focused approach to utilization management for oncology, today announced it has raised $21 million in Series B funding. The Series B round was led by Oak HC/FT and was joined by new investor McKesson Ventures along with returning investors Blue Cross Blue Shield Venture Partners and Sandbox Advantage Fund. The startup plans to use the capital to expand
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Visla Labs Raises $3M for AI Medical Diagnostics Platform for Radiology
Visla Labs, a San Francisco, CA-based AI medical diagnostics platform for radiology has raised $3M in seed funding led by Lux Capital with participation from former Twitter CEO and COO Dick Costolo and Adam Bain, as well as prominent healthcare experts and advisors. Founded in 2018 by serial entrepreneurs Kevin Quennesson, Wei-En Tan and Alessandro Sabatelli, Visla is collaborating with major hospitals, industry veterans, and award-winning physicians to re-invent the imaging experience with
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IntelyCare Nabs $10.8M to Expand On-Demand Nurse Staffing Management Platform
IntelyCare raises $10.8M to cure nationwide nursing shortage with Intelligent Workforce Management to streamline administration and improve care.Solving the nursing shortage that’s expected to reach 1.2 million RN vacancies by 2022 (according to the Bureau of Labor Statistics) will take a multi-faceted approach. Part of the solution will be better allocating nursing professionals in a way that considers the needs of both nurses and local facilities. IntelyCare, a digital health startup announced
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1DROP Raises $4.25M to Support Commercialization of Portable Medical Diagnostics Platform
1DROP, a life sciences startup developing and commercializing an easy to use laboratory quality, portable medical diagnostic testing platform has raised $4.25 million in Series A funding led by led by Christian Wildmoser (former partner CVC Capital Partners & Swiss Startup Group Investor). The round also included participation from private investors of the Swiss Startup Group including Dr. Hans-Peter Strebel (owner of On Your Marks), Beat Schillig (IFJ Institute for Young Entrepreneurs) and
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98point6 Lands $50M to Expand On-Demand Text-Based Primary Care App
98point6, a Seatle-based digital health startup focused on reimaging primary care today announced it has raised $50 million in Series C funding led by Merchant Banking Division of Goldman Sachs and existing investors. Founded in 2015, the on-demand primary care platform combines innovative AI technology with board-certified physicians to deliver affordable and high-quality care right to a patient’s smartphone.The funding will enable 98point6 to scale and fulfill the strong commercial demand of
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Shore Group Pumps $6M in Healthcare AI Data Startup H1 to Accelerate Growth
H1, an NYC-based healthcare AI startup arming healthcare organizations with live data insights to help fight diseases, announced today that Shore Group has invested $6M to accelerate H1’s growth. H1 empowers stakeholders at healthcare and life science companies to make smarter scientific decisions by providing access to critical data through an intuitive interface.Healthcare Data AnalysisH1 has built a technology infrastructure grounded in machine intelligence that enables it to quickly find
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FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M
FundamentalVR, a London-based virtual reality (VR) training, and data analysis technology startup, today announced a three-year strategic partnership with Mayo Clinic to co-develop new VR simulations leveraging haptic (sense of touch) technology for general surgical procedures, patient-specific modeling and emerging interfaces for robotic surgery.Additional $1.4M in FundingIn addition, the company has raised an additional $1.4 million in funding from existing investor Tern Plc. The company plans
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Carrot Nabs $25M to Commercialize Smoking Cessation Digital Health Platform
Carrot Inc., a Redwood City, CA-based digital health startup has raised $25 million in funding led by JJDC to commercialize its smoking cessation digital health platform, Pivot. The round also included participation from New York Life Ventures and existing investors Khosla Ventures, Marc Benioff, Carrot founder David S. Utley, M.D., and R7 Partners.Financial Impact of Smoking for EmployersSmokers cost their employers more than $7,000 annually, per person, in excess healthcare and lost
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