NarrativeDx, an Austin, TX-based artificial intelligence (AI) company that provides actionable insights from patient and provider feedback, today announced it has raised $3 million in strategic funding led by Christiana Care Health System, Summation Health Ventures and The Texas Medical Center. Also joining the round are HealthX Ventures and Cultivation Capital, who participated in previous rounds of funding. NarrativeDx will use the funds to accelerate sales and marketing, product innovation,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Emedgene Lands $6M to Expand AI-Driven Genomics Interpretation Platform
Emedgene, a Palo Alto, CA-based artificial intelligence (AI) driven genomics interpretation platform, today announced it has raised $6 million in funding led by health-focused OliveTree Ventures. The company plans to utilize the latest round of funding to expand sales operations in the US. Emedgene's Genomics Intelligence Platform OverviewThis rise in genomics-based medicine is putting tremendous pressure on geneticists globally - who must analyze and interpret each test. It is a costly,
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Teckro Lands $25M to Make Clinical Trials Data Accessible to Research Staff
Teckro, an NYC-based technology platform that makes the conduct of clinical trials simple, more transparent and more inclusive for doctors, research nurses and patients announced it has raised $25 million in funding. The Series C funding round was led by Northpond Ventures with participation from Founders Fund, Sands Capital Ventures, Bill Maris’ Section 32 venture fund, and Borealis Ventures. Teckro’s total funding now stands at $43 million.Making Your Clinical Trial Information Instantly
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Johnson & Johnson to Acquire Auris Health for $3.4B to Expand Digital Surgery Portfolio
Johnson & Johnson, today announced it has entered into a definitive agreement to acquire Auris Health, a developer of robotic technologies for $3.4 billion in cash. Auris Health is a privately held developer of robotic technologies, initially focused on lung cancer, with an FDA-cleared Monarch platform currently used in bronchoscopic diagnostic and therapeutic procedures. This acquisition will accelerate Johnson & Johnson’s entry into robotics and strengthens its digital surgery
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Providence St. Joseph Health Acquires Blockchain-Powered Revenue Cycle Platform Lumedic
Providence St. Joseph Health, one of the nation's largest health systems, today has acquired Lumedic, a next-generation revenue cycle management platform powered by blockchain technology. Providence St. Joseph Health will be the first integrated provider-payer system to establish a scalable blockchain platform to transform claims processing and enhance interoperability between providers and payers.Optimizing Revenue Cycle ManagementReducing inefficiencies in revenue cycle management (RCM) has
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Health Data Platform Human API Raises $10M to Fuel Market Expansion
Human API, a San Mateo, CA-based health data network has raised $10 million funding from new investors Guardian Life Insurance Company and SCOR Life and Health Ventures, as well as returning backers BlueRun Ventures and Max Levchin's SciFi VC. The company plans to utilize the latest round of funding to accelerate product development and market expansion. Founded in 2013, Human API's data platform allows users to access, centralize and share their health data from a rapidly expanding network of
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Francisco Partners Acquires Qualcomm Life, Renames as CapsuleTech
Francisco Partners ("FP"), a Silicon Valley-based technology-focused private equity (PE) firm, today announced it has acquired Qualcomm Life, Inc. a wholly owned subsidiary of Qualcomm Incorporated that offers end-to-end medical device connectivity across the continuum of care. Financial details of the acquisition were not disclosed. Renames Qualcomm Life as CapsuleTechQualcomm Life will be separated from Qualcomm, be renamed as Capsule Technologies, Inc. ("CapsuleTech"), and continue operating
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Health Data Analytics Platform Health Catalyst Raises $100M, Reaches $1B Valuation
Health Catalyst, a Silicon Slopes, Utah-based provider of next-generation data, analytics and improvement, today announced it has raised $100 million in Series F equity and debt funding led by OrbiMed. The funding also included participation from Sequoia Capital, Norwest Venture Partners, Sands Capital Ventures, UPMC Enterprises, and Kaiser Permanente Ventures also contributed to the financing, which lifts Health Catalyst's value above $1 billion. Health Catalyst plans to use the funding
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Cognoa Awarded FDA Breakthrough Designations for Diagnostic and Digital Therapeutic Devices for Autism
Cognoa, a digital health company focused on behavioral health for children, today announced FDA Breakthrough designations for it's first diagnostic and therapeutic devices to identify and treat autism. This is the foundation for its AI-based digital precision health to support the developmental and behavioral health of children, combining diagnostics and therapeutics into one platform. This signifies a big step in the company’s expansion into therapeutics.FDA Breakthrough Devices Program
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Healthcare Blockchain Developer Embleema Nabs $3.7M to Develop Blockchain Apps for Patients
Healthcare-blockchain developer, Embleema has raised $3.7M in Series A funding round, led by strategic partner Pharmagest, a leading pharmacy software group in Europe, and Techstars. The funds will serve to accelerate the joint development of blockchain-based applications for patients and pharmacies, and further Embleema’s commercial deployment. CEO Robert Chu left his role as Senior Vice President, Global Technology Solutions at IMS Health to start Embleema in June 2017 and is supported by a
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