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

MedTech Startup Endotronix Lands $45M for Heart Failure System

by Fred Pennic 09/14/2018 Leave a Comment

MedTech Startup Endotronix Lands $45M for Heart Failure System

Endotronix, Inc., a digital health, MedTech company dedicated to advancing the treatment of heart failure, today announced it has raised $45 million in Series D funding led by LSP, investing from its LSP Health Economics Fund 2. The round also included participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate strategic investor.The medtech startups plans
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Cigna Launches $250M Healthcare Innovation Fund Focused on Early and Growth Stage Startups

by Jasmine Pennic 09/12/2018 Leave a Comment

Cigna Launches $250M Healthcare Innovation Fund Focused on Early and Growth Stage Startups

Today, global health service company Cigna announced the launch of Cigna Ventures, a corporate venture fund to invest in emerging companies driving transformation and innovation in health care. Cigna Ventures is launching with $250M in capital to invest in both early and growth stage startups dedicated to unlocking growth opportunities in healthcare across three strategic areas:- Insights and Analytics: Risk Assessment, Network Optimization, and Patient Care Plan- Digital Health and Retail:
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TechAids Launches Research-Based, Virtual Reality Concussion Education for Youth Athletes

by Jasmine Pennic 09/07/2018 Leave a Comment

TechAids Launches Research-Based, Virtual Reality Concussion Education for Youth Athletes

TeachAids , a 501(c)(3) nonprofit leader in global education innovation, today announced its next research-based interactive education product: CrashCourse, for nationwide concussion awareness and instruction. This educational software has been developed over a two-year period with many of the world’s leading researchers and clinical experts in concussions and curriculum development. These groups worked closely together to better understand and evaluate the common stigma that has grown in the
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Israeli Startup Alpha Tau Medical Raises $29M for Radiation Cancer Therapy

by Fred Pennic 09/06/2018 Leave a Comment

Israeli Startup Alpha Tau Medical Raises $29M for Radiation Cancer Therapy

Alpha Tau Medical, an Israeli medical tech startup developer of a breakthrough alpha radiation cancer therapy, today announced it has raised $29 million in funding led by Shavit Capital. The round also included participation from OurCrowd.com, Medison Ventures and significant private investors contributed to the funding round including the preeminent international social impact VC and private equity investors, Sir Ronald Cohen and Alan Patricof, the founders of Apax Partners.Founded in 2016,
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Cricket Health Raises $24M to Transform Patient-Centric Kidney Care

by Jasmine Pennic 09/05/2018 Leave a Comment

Cricket Health Raises $24M to Transform Patient-Centric Kidney Care

Cricket Health, a tech-enabled provider of integrated kidney care, today announced it has raised $24 million in Series A funding led by Oak HC/FT. Other participants in the round include additional new investors include Cigna Corporation, LifeForce Capital, iSeed Ventures, Joe Montana’s Liquid 2 Ventures, Rock Health co-founder Halle Tecco, and Virta Health co-founder Sami Inkinen. Returning investors include First Round Capital, Box Group, Nexus Ventures, Seven Peaks Ventures, Aberdare
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Sempre Health Raises $8M for Behavior-based Healthcare Pricing Platform

by Fred Pennic 08/29/2018 Leave a Comment

Sempre Health Raises $8M for Behavior-based Healthcare Pricing Platform

Sempre Health, a San Francisco, CA-based solution for behavior-based healthcare pricing, today announced it has raised $8M in Series A funding led by Rethink Impact with participation from Social Capital and others. The company plans to use the funding to further build out Sempre’s two-sided network of payers and pharma manufacturers. Unlike traditional coupons and vouchers, Sempre works with multiple healthcare stakeholders to dynamically adjust a patient's co-payment based on individual
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Reflexion Health Brings Virtual Rehab Platform to Employer Market with BevCap Management

by Fred Pennic 08/28/2018 Leave a Comment

Reflexion Health Launches Next-Gen Virtual Exercise Rehabilitation Assistant (VERA)

Reflexion Health, a San Diego, CA-based virtual physical therapy company, today announced that it is entering the employer market through a strategic partnership with BevCap Management LLC, a program manager for captive insurance companies. As part of the partnership with BevCap, Reflexion Health's FDA-cleared Virtual Exercise Rehabilitation Assistant (VERA™), a digital platform that enables clinicians to remotely monitor patients, will be made available to BevCap's clients nationwide.VERA is
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Cerner and Duke Clinical Research Team Up on Cardiac Risk Calculator App

by Fred Pennic 08/24/2018 Leave a Comment

Cerner and Duke Clinical Research Team Up on Cardiac Risk Calculator App

Cerner has collaborated with Duke Clinical Research Institute to launch an atherosclerotic cardiovascular disease (ASCVD) Risk Calculator app, designed as a tool to increase communication between the person and their doctor about ways to live a healthier life and risk factors for heart disease and stroke. The ASCVD Risk Calculator app is now available to providers in the SMART App Gallery and the Cerner Open Developer Experience (code) App Gallery.Cerner and Duke Clinical Research Institute
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hc1.com Raises $10M to Expand Precision Health Platform for Value-based Care

by Jasmine Pennic 08/22/2018 Leave a Comment

hc1.com Raises $10M to Expand Precision Health Platform for Value-based Care

hc1.com, an Indianapolis, IN-based precision medicine startup, announced that existing investor Health Cloud Capital has exercised its option to provide additional growth funding, bringing the company’s total Series B capital raise to $10 million. Elevate Ventures also participated in the round. The additional capital will fund continued expansion of precision health initiatives underway at hc1, including solutions that combat the opioid crisis and optimize prescribing of other prescription
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Revenue Cycle Startup AxiaMed Lands $12.4M for Patient Payment Platform

by Jasmine Pennic 08/21/2018 Leave a Comment

Revenue Cycle Startup AxiaMed Rasies $12.4M for Patient Payment Platform

AxiaMed, a patient payment solution provider has raised $12.4 million in funding from Health Enterprise Partners. AxiaMed credits this investment to rapidly-increasing demand for its proven, secure, SaaS-based payment platform, Payment Fusion. Founded in 2015, AxiaMed’s integrated payments technology platform, Payment Fusion, improves the financial performance of healthcare providers through integration with various revenue cycle, practice management, EHRs and other software systems, enhancing
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