Philips, American Heart Association (AHA) and UPMC’s announcement to launch Cardeation Capital, a new $30 million venture fund designed to spur healthcare innovation in heart disease and stroke care. With cardiovascular disease costs projected to exceed $1 trillion by 2035, this initiative will play a critical role in transforming care for a healthier, less costly tomorrow.The fund will be managed by Aphelion Capital where each company has committed $10 million and will work together to identify
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Genoox Raises $6M to Bring Clinical Genomics to U.S. Medical Centers
Genoox, a genomic analysis startup making it easier for doctors, clinicians and researchers to analyze and act on genetic sequencing results by applying various clinical applications has announced a $6 million investment today, led by Triventures and joined by Inimiti Capital Partners and Glilot Capital Partners. Genetic analysis takes other systems hours, but takes Genoox minutes, enabling clinical genomics to become available to millions who don’t have access to top 10 academic centers.Founded
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SnapMD Launches Patient Presenter Workflow Capabilities
Today, SnapMD, the full-service enterprise telehealth technology innovator and solutions provider, launched a new Patient Presenter Workflow functionality within its Virtual Care Management (VCM) telehealth platform. The new provider interface seat type is a fast and easy means to bring care to patients in a wide variety of settings. Whether it’s a virtual consult for a child at school, advice to caregivers for a patient in hospice, or a specialist consult from a patient’s bedside, the VCM
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Qventus Lands $30M to Expand AI Platform for Hospital Operations
Qventus, a hospital operations management solution for health systems that leverages artificial intelligence (AI), announced that it has secured $30M in Series B funding led by Bessemer Venture Partners, with participation from NewYork-Presbyterian Hospital as well as existing investors Mayfield Fund and Norwest Venture Partners. The funding comes at a time when health systems are struggling to provide services to their communities at sustainable margins. The company, which has now raised over
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Philips Acquires Sleep Apnea Wearable Nightbalance to Expand its Sleep & Respiratory Care Portfolio
Philips announced that it has acquired NightBalance, a Netherlands-based digital health startup that has developed a sleep apnea wearable that is used to treat positional obstructive sleep apnea and positional snoring. Obstructive sleep apnea (OSA) is a serious disorder in which breathing pauses and re-starts during sleep. Common symptoms of obstructive sleep apnea syndrome are snoring and excessive tiredness during the daytime.When most of these pauses in breathing occur when you lie on your
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Reimbursify Launches New App for Out-of-Network Reimbursement Claims
Reimbursify, a healthcare-focused technology company providing app-centric solutions for consumers, healthcare providers & businesses has launched a new app that gives patients a quick and easy way to file out-of-network reimbursement claims with their insurance company in less than 60 seconds. Users can also monitor their current, pending, and past claims from the app. Reimbursify is currently being used by patients in 21 states as well as Puerto Rico."Visits to healthcare providers who
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Alphabet and Michael J. Fox Foundation Team Up to Use Verily Study Watch to Research Parkinson’s Disease
The Michael J. Fox Foundation for Parkinson's Research (MJFF) and Verily Life Sciences LLC, an Alphabet company has announced a new collaboration on a two-year sub-study in Parkinson's Progression Markers Initiative will include Verily Study Watch to add new dimension of health data. More than 800 participants will be equipped with Verily's multi-sensor investigational wearable device, to passively collect data on movement and physiologic and environmental measures continuously. The goal is to
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Medibio Launches Mental Health Measurement App for Apple Watch
Medibio Limited, a world leader in objective measurement technology for mental health, announced today the release of a personal, mental health measurement technology app for Apple Watch users.With the Medibio app, Apple Watch users will be able to capture and process specific biometric features that reflect the performance of the body's autonomic nervous system (ANS) to create an objective view of their mental health.Users have the ability use the Medibio app in conjunction with Apple Watch
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Wellist Lands $10M to Expand Integrated Patient Experience Solutions
Wellist, a Boston-based digital health startup focused in delivering Integrated Patient Experience Solutions to to address social determinants of health across their entire patient population has raised $10 million in Series A funding led by Summation Health Ventures. This investment will enable Wellist to expand in several key geographic markets and enhance its proprietary digital health platform that connects patients to non-medical support services. The patient experience market has grown
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Luna DNA Raises $4M for Community-owned Genomic and Medical Research Database
Luna DNA, the first community-owned genomic and medical research database has raised $4 million in funding from lead investors Illumina Ventures and Arch Venture Partners. Additional investors include UK-based Bridgelink Capital; Seattle-based Hemisphere Ventures; and Dr. Aristides Patrinos, a former leader of the Human Genome Project and current advisor to Luna DNA. The startup plans to use the funds to support the next phase in creating Luna’s research platform and engaging a global community
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