Allianz, today announced a $59.2 million investment and strategic partnership with leading telehealth platform American Well to develop digital solutions that will widen access, lower cost and improve quality of healthcare for millions of patients worldwide. The strategic investment was led by Allianz X, the digital investment unit of Allianz and was supported by the Health Innovation Center of Allianz Partners, the B2B2C unit of the Allianz Group dedicated to developing protection and care
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
InTouch Health Acquires TruClinic to Enter Direct-to-Consumer Telehealth Market
InTouch Health, the leading enterprise telehealth platform has acquired TruClinic, a web-based telemedicine provider based in Salt Lake City, Utah, specializing in direct-to-consumer virtual care solutions. Through the acquisition, InTouchHealth expands its existing portfolio to deliver a full range of virtual care programs to healthcare providers, enabling continuity of care between physicians and patients. Financial terms of the acquisition were not disclosed.The combined solution
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Akiri Launches Blockchain-Enabled NaaS for Health Data
Akiri, a San Francisco, CA-based digital health startup has announced the launch of the first network-as-a-service (NaaS) platform to the entire healthcare industry. Development is currently underway for its initial product, Akiri Switch, which is a subscription-based data network that enables any type of health information to move seamlessly and securely throughout the U.S. healthcare system.Today, our industry’s data arteries are sclerotic. Thirty percent of patient charts cannot be found on
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StartUp Health Lands $19.3M to Help Startups Achieve Health Moonshots
StartUp Health, a global entrepreneurship development company for Healthcare Transformers has raised $19.3M from Ping An Global Voyager Fund, GuideWell, Masimo Corporation and a consortium of partners through StartUp Health Transformer Fund II.A key part of the StartUp Health’s plan since they launched in 2011 is to leverage the network effect by organizing entrepreneurs (“Health Transformers”) and to partner with the world’s leading organizations who can support these Health Transformers with
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Healthcare M&A Analysis: Why Did Philips Acquire PHM Vendor VitalHealth?
Editor's Note: Alex Green is the Director and Principal Analyst at Signify Research, a UK-based market research firm focusing on health IT, digital health, and medical imaging. Alex is responsible for leading Signify Research’s Digital Health market intelligence portfolio, initially developing its coverage of the patient engagement platforms and portals marketPhilips announced on December 8th that it had acquired Dutch population health management (PHM) and eHealth platform provider VitalHealth
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UnitedHealth Group Makes $2.8B Bid to Acquire South American Provider to Expand Operations
Minnetonka-based health insurer UnitedHealth Group has launched a tender offer as an initial step towards acquiring Empresas Banmédica, a leading healthcare provider and insurer serving Chile, Colombia and Per for nearly six million people across more than 40 hospitals. The $2.8B bid would expand UnitedHealth Group's operations in South America, where the largest health insurer in the United States already is a large healthcare provider and insurer in Brazil. The announcement comes on the heels
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Precision Medicine Group Raises $275M to Support Biomarker-Guided Drug Development
Precision Medicine Group (PMG), an integrated team of experts focused on biomarker-guided drug development has raised $275 million in funding led by Berkshire Partners and TPG Growth and also includes significant participation from Precision’s co-founders and management team as well as original investors Oak Investment Partners and J.H. Whitney. . This investment will support the expansion of PMG’s global footprint and provide additional scale to accelerate the development, approval and
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Healthcare Blockchain Startup Mint Health Unveils White Paper for Vidamint Tokens
MintHealth, a global decentralized health platform with a portable, secure, and self-sovereign personal health record (PHR) built on blockchain technology and designed to drive healthy patient behavior through the Vidamint™ token. MintHealth announces the immediate availability of the associated white paper behind a planned Vidamint (VIDA) token sale in Q1 of 2018. The company also announces the addition of Wyche “Tee” Green, III, founder and director of Greenway Health™, to the MintHealth Board
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Healthcare Blockchain Startup BurstIQ Files Patent Application for Mobile Cryptocurrency Wallet
BurstIQ, Inc., a HIPAA-compliant healthcare blockchain data record integration and security company has filed provisional patent applications covering uses of blockchain to enable mobile cryptocurrency wallets. The patent applications incorporate the IP of both BurstIQ’s proprietary blockchain machine intelligence platform and proprietary eWallet technology and payment platform by partner Unified Signal. Once granted, these new patents will expand BurstIQ’s intellectual property portfolio and
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Big Health, Castlight Health Partner to Offer Clinically-Proven Employee Mental Health Solution
Digital medicine company Big Health, today announced a new partnership with leading health navigation platform provider Castlight Health. Now through Castlight’s suite of digital health and wellness solutions, employers will be able to seamlessly deliver improved sleep and mental health to their employees with Big Health’s digital sleep improvement program Sleepio.Sleepio is clinically proven to help individuals overcome insomnia as well as improve anxiety and depression via a web and mobile
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