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

Circulation Integrates With Buoy Health for On-Demand Transportation Options for Patients

by Jasmine Pennic 05/23/2018 Leave a Comment

Circulation Raises $10.5M to Expand On-Demand Non-Emergency Medical Transportation

Circulation Health, a Boston, MA-based ride-ordering exchange that coordinates medical transportation logistics using Lyft and other transportation partners, today announced that it has entered into a nationwide partnership with Buoy Health to help millions of patients online receive the care they need when they need it the most. The partnership will introduce Buoy’s patients to an even further streamlined, end-to-end healthcare experience by making it easy for them, post assessment, to book
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Cytox Collaborates with Mayo Clinic to Develop New Algorithms to Evaluate Genetic Based Approaches for Assessing Alzheimer’s Risk

by Fred Pennic 05/23/2018 Leave a Comment

Alzheimer's Clinical Trials Consortium

Cytox, a precision medicine company focused on commercializing polygenic risk scoring (PRS) approaches for assessing genetic risk for developing Alzheimer’s has entered into a research collaboration with Mayo Clinic to test current and develop new proprietary algorithms relating to the diagnosis and prognosis of Alzheimer’s disease. Under the agreement Cytox will assess genetic risk for developing Alzheimer’s disease using its current commercially available approaches developed to run on the
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Iora Health Lands $100M for Relationship-Driven Primary Care Model

by Fred Pennic 05/23/2018 Leave a Comment

Iora Health Lands $100M for Relationship-Driven Primary Care Model

Iora Health, a Boston, MA-based value-based primary care provider focused on Medicare has raised $100 million in Series E funding from global investors including .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures, Polaris Partners and Temasek. The company plans to utilize the funding to expand operations and invest further development of its proprietary collaborative care IT platform, Chirp that enables Iora's teams to care for
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Hinge Health Study: Exercise Therapy with Wearable Sensors Improves Chronic Knee Pain by 61%

by Fred Pennic 05/23/2018 Leave a Comment

Hinge Health Knee Sensors Man

Hinge Health, a Silicon Valley-based digital health company, today announced the results about the first clinical study, published April 2018 in the Journal of Medical Internet Research demonstrates that a mobile-first, at-home exercise therapy and behavioral coaching solution improves outcomes for chronic knee pain by 61% and elective surgeries by 63% without opioids or surgery (N=162). A cost-benefit analysis estimates that the study’s employer saved $438,000 in avoided surgeries across the
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In-Home Care Startup Honor Lands $50M to Grow Network of Home Care Agencies

by Jasmine Pennic 05/22/2018 Leave a Comment

In-Home Care Startup Honor Lands $50M to Grow Network of Home Care Agencies

Honor, an in-home care startup has raised $50 million in Series C funding  led by Naspers Ventures, with participation from existing investors, bringing the company’s total funding amount to $115 million. The latest round comes as the larger healthcare industry is increasingly recognizing non-medical home care as a vital component to value-based care. In April, the Centers for Medicare and Medicaid Services announced that Medicare Advantage plans will be able to cover non-medical home care
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DAS Health Lands $6M to Accelerate Company Acquisition Strategy

by Jasmine Pennic 05/22/2018 Leave a Comment

DAS Health Acquires Jackson Key Practice Solutions EHR Business

DAS Health, a Tampa, FL-based provider of health IT and management solutions, has secured a $6 million in facility financing through Fifth Third Bank to be used primarily for future acquisitions and growth. DAS recently completed its fifth acquisition in a three-year time span, each using only DAS’ own internal operating cashflow. DAS Health’s excellent track record of success in integrating services and staff has led to continued expansion, allowing the company to provide existing clients with
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Luma Health Raises $6.33M for Patient-Provider Communications Platform

by Fred Pennic 05/22/2018 Leave a Comment

Luma Health Raises $6.33M for Patient-Provider Platform

Luma Health, a San Francisco, CA-based smart patient-provider communications platform, today announced it has completed a $6.33 Million round of Series A funding led by U.S. Venture Partners along with continued participation from the Stanford-StartX Fund and existing investors. Luma Health plans to used the latest round of funding to extend its go-to-market operation, including sales and marketing, while also expanding its engineering team to support the company’s growing product roadmap. The
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Eye Care Telemedicine Startup Simple Contacts Raises $16M for Tech-Enabled Prescription Lenses

by Fred Pennic 05/22/2018 Leave a Comment

Eye Care Telemedicine Startup Simple Contacts Raises $16M for Tech-Enabled Prescription Lenses

Simple Contacts, a New York City-based telemedicine startup for eye care has raised $16 million in funding led by Waypoint Capital Partners, with participation from returning investors Goodwater Capital, Steven Cohen, executives from Flatiron Health and a number of the nation’s top ophthalmologists. The company plans to use the new funding to invest in marketing and customer service, open new offices, and eventually expand the business to address additional healthcare categories. The latest
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Gender Parity Remains Elusive in Health IT, Despite Recent Progress

by Jasmine Pennic 05/18/2018 Leave a Comment

Survey: Gender Parity Remains Elusive in Health IT, Despite Recent Progress

 Chasm Partners, a leading executive search firm in the healthcare technology and services space, recently convened a roundtable discussion to evaluate the state of gender parity in the healthcare IT space, as well as explore the benefits that gender diversity creates for health organizations. The discussion revealed gender parity is most effective when it’s a component of broader, organization-wide cultural change and women must known their own value to effectively become their own advocates of
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CipherHealth Raises $37.5M to Expand Patient Engagement Platform

by Fred Pennic 05/18/2018 Leave a Comment

CipherHealth Receives Strategic Growth Investment from JMI Equity

CipherHealth, a NYC-based patient communication, engagement and care coordination software company today announced that it has received a significant strategic growth investment from JMI Equity, a growth equity firm focused on investing in leading software companies. Since 2009, CipherHealth's integrated solutions have enabled providers across the care continuum to improve patient communication and care coordination with the latest technologies. With each technology, the company delivers highly
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