EXL, an operations management and analytics company has signed an agreement to acquire SCIO Health Analytics, a West Hartford Connecticut-based leading healthcare analytics solution and services company for $240 million, excluding adjustments for cash, debt, and working capital. SCIO has been focused on using next-generation analytics to help payers, providers, and life sciences organizations make the transition to value-based care, improve revenue, reduce financial loss, uncover fraud, waste,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
SwipeSense Acquires Mobile App iScrub Lite for Recording Hand Hygiene Observations
SwipeSense, a Chicago-based healthcare technology company, today announced the acquisition of iScrub Lite, the leading mobile app for hand hygiene observation. Originally conceived and developed by the Computational Epidemiology Research Group at the University of Iowa, iScrub Lite was launched to simplify the time-consuming and error-prone process of recording hand hygiene observations and sharing the results with health care professionals. In fact, the CDC has recommended iScrub Lite as a part
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Catchwind Innovations Partners with VantEdge Ventures to Foster Medical Innovation
Catchwind Innovations, a Minneapolis-based healthcare innovation company, and VantEdge Ventures, a Chicago-based innovation firm and venture fund, have announced a strategic partnership to foster medical innovation. Catchwind Innovations accelerates and provides visibility to the development path for healthcare technology and medical device startups from concept to commercialization. Its proprietary system and revolutionary approach connects entrepreneurs at any stage to the expertise, resources
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Suki Lands $20M to Create AI-Driven Alexa for Doctors Platform
Suki, an n AI-powered, voice-enabled digital assistant for doctors that lifts the burden of documentation has raised $20 million that comes from a Series A round led by Venrock with participation from First Round and Social Capital, as well as individual Googlers and angels, Nat Turner of Flatiron Health, and Marc Benioff. Venrock also led the seed round.Founder by former Google and Salesforce executives Punit Soni and Karthik Rajan, Suki's AI-driven voice-enabled digital assistant for doctors
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Health2047 Nabs $27.2M from AMA to Ramp Up Innovation Incubator
Health2047, a Silicon Valley-based healthcare innovation enterprise has announced a $27.2 million follow-on investment from its founding partner, the American Medical Association (AMA). Health2047 plans to utilize the funding ramp up development and commercialization of promising new technology-based solutions in the areas of chronic disease reduction, radical productivity change, and value-based healthcare. Launched in 2016, Health2047’s mission is to transform U.S. healthcare at the system
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Fitbit and Google Team Up to Develop Consumer and Enterprise Health Solutions
Fitbit and Google are exploring the development of consumer and enterprise health solutions. Fitbit intends to use Google’s new Cloud Healthcare API to help the company integrate further into the healthcare system, such as by connecting user data with electronic medical records (EMR). Combining Fitbit data with EMRs can provide patients and clinicians a more comprehensive view of the patient profile, leading to more personalized care. The companies will also look to help better manage chronic
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Report: Patients Worried Digital Therapeutics will Expose Them to Unwanted Surveillance
New research released today by healthcare innovation consultancy Enspektos, LLC reveals that digital therapeutics, defined as innovations such as prescription medications with embedded sensors and mobile applications that may one day replace drugs, are rapidly growing in scope and importance globally.The research also highlights deep patient concerns about whether digital therapeutics will expose them to unwanted surveillance or that data collected by these applications could be sold or used
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Doctor On Demand Nabs $74M to Expand Virtual Care Platform
San Francisco, CA-based Doctor On Demand has raised 74 million in Series C funding led by Princeville Global and Goldman Sachs Investment Partners with participation from existing investors including Venrock, Shasta Ventures, and Tenaya Capital. his funding will support the continued rapid expansion of Doctor On Demand’s telehealth platform and further its commitment to delivering access to quality care at scale.This Series C funding is rounded out by new investors Blue Cloud Ventures and
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Teladoc Launches Behavioral Health Navigator in U.S.
Virtual care provider Teladoc, today announced the launch of Behavioral Health Navigator, bringing innovation to virtual care delivery and the diagnosis and treatment of behavioral health conditions. Behavioral Health Navigator is an integrated care service that provides specialized “navigation,” support and coordination, combined with virtual access to expert providers for those facing mental health conditions.More than 42 million Americans live with anxiety disorders, and more than 16 million
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Aspire, LG Health Launches $300M Precision Medicine Fund for Personalized Devices
Aspire Universal, a private equity firm and venture company today announced the establishment of the $300M Aspire Ventures Precision Medicine Fund (AVP) to accelerate innovation for personalized devices and medical practices. Precision medicine is one of the most important transformations ever to come to medicine, and by shifting away from one-size-fits-all solutions, precision medicine offers personalized solutions that deliver better experiences and better outcomes at a lower cost. The AVP
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