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

SMART Brain Aging Launches First Scientifically-Supported App for Early Stage Dementia

by Fred Pennic 06/29/2018 Leave a Comment

SMART Brain Aging Launches First Scientifically-Supported App for Early Stage Dementia

Healthcare technology company SMART Brain Aging, Inc. has announced that its one-on-one patient intervention program for aging brain health -- Brain U Online -- is now available to adults age 50+ through online subscription and iOS app, Brain U Lite. The new program is the result of 5 years of clinical trials with more than 3,000 participants at Harvard Medical School/Boston University School of Medicine.  Used by the country’s leading memory care facilities, Brain U Online and Brain U Lite are
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NIA Awards $4.5M Grant to Develop In-Home Care Solutions for Dementia Caregivers

by Fred Pennic 06/28/2018 Leave a Comment

Funding for Midwest Healthcare Startups Totals $758M in 2013

The National Institute on Aging (NIA) has awarded $4.5 million over three years to white label Internet of Things (IoT) software provider, People Power to focus on developing in-home care supportive solutions for dementia caregivers.  National Institute on Aging mission is to improve the health and wellness of older Americans through biomedical, social and behavioral research focused on aging processes and age-related diseases.  The results of the collaborative research with University of
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Amazon Acquires Online Pharmacy Startup PillPack

by Fred Pennic 06/28/2018 Leave a Comment

Amazon Acquires Online Pharmacy Startup PillPack

Amazon, today announced it has entered into an definitive agreement to acquire online pharmacy startup, PillPack for an undisclosed amount. The deal will allow Amazon further entry into healthcare with an on-demand online pharmacy and drug distribution platform.Founded in 2013, PillPack is an online pharmacy that delivers medications in pre-sorted dose packaging, coordinates refills and renewals, and makes sure shipments are sent on time. The service is designed to provide the best possible
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Cedar Raises $36M for Modern Patient Financial Management Platform

by Jasmine Pennic 06/25/2018 Leave a Comment

Cedar, the patient financial management platform for hospitals, health systems and independent medical groups, today announced a Series B fundraising round of $36 million,

Cedar, the patient financial management platform for hospitals, health systems and independent medical groups, today announced a Series B fundraising round of $36 million, led by the global investment company Kinnevik. Participants in the round include existing investors Founders Fund and Thrive Capital, as well as Lakestar, Sound Ventures, Kevin Systrom of Instagram and Nat Turner of Flatiron Health. Cedar plans to use the funding to further invest in the next generation of its innovative
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HSBlox Unveils Healthcare Blockchain Referral Management Solution

by Jasmine Pennic 06/20/2018 Leave a Comment

HSBlox Announces Healthchare Blockchain Referral Management Solution

HSBlox, a technology company that is bringing innovation and transparent economics to the healthcare ecosystem, today announced the launch of its Advanced Referral Manager (ARM) solution, which utilizes blockchain technology to automate the referral administration process, resulting in decreased network leakage, time and money savings for payers and providers, and enhanced patient care.Current market challenges reveal high costs and manual processes associated with referral administration,
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Medalogix Deploys New Predictive Analytics Predictive Analytics for Home Health Utilization

by Fred Pennic 06/20/2018 Leave a Comment

Medalogix Launches Predictive Analytics Platform for Home Health

Nashville-based healthcare data science company, Medalogix, announced today its newest product, Medalogix Care. This home health utilization management solution leverages predictive analytics and optimization technology to provide guidance on patient care plans to healthcare providers, based on the historical analysis of millions of patient records, care plans and outcomes. The announcement comes after Vanderbilt University Medical Center’s Health Economists peer-reviewed Medalogix’s models and
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Partners Healthcare Taps Circulation to Bring On-Demand Medical Transportation to Patients

by Fred Pennic 06/19/2018 Leave a Comment

Partners Healthcare Taps Circulation to Bring On-Demand Medical Transportation to Patients

Circulation Health, a on-demand medical transportation exchange that coordinates transportation logistics for health organizations, today announced an agreement with Partners Healthcare, an integrated, not-for-profit health system with facilities in Massachusetts and New Hampshire.As part of the collaboration, Partners will utilize Circulation's on-demand ride technology, which interfaces with Lyft, to move patients to and from their appointments.  The relationship also allows for expansion to
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DreaMed Diabetes Granted FDA Approval for Personalized Diabetes Decision Support Solution

by Jasmine Pennic 06/18/2018 Leave a Comment

DreaMed Diabetes Granted FDA Approval for Personalized Diabetes Decision Support Solution

DreaMed Diabetes, an Israeli-based developer of personalized diabetes management solutions, today announced that the U.S Food and Drug Administration (FDA) has granted a De Novo request for DreaMed Advisor Pro, an artificial intelligence (AI)-based diabetes treatment decision support software. Advisor Pro is indicated to assist healthcare providers in the management of people with type 1 diabetes who use insulin pumps and continuous glucose monitoring (CGM).The announcement marks the second
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Report: Digital Health Market to Reach $379B by 2024

by Fred Pennic 06/18/2018 Leave a Comment

Report: Digital Health Market to Reach $379B by 2024

Digital health market is expected to reach $379B, representing to register a CAGR (compound annual growth rate) of 26% over 2017-2024, according to a recent Global Market Insights report. The recent decades have witnessed an augmented development in terms of technology – a trend that has propelled digital health market to traverse a path of exponential growth.In the present healthcare industry scenario, a patient can schedule an appointment with the doctor, seek medical advice, view medical
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Valencell Nabs $10.5M to Expand Wearable Biometric Sensor Technology

by Fred Pennic 06/15/2018 Leave a Comment

Valencell Nabs $10.5M to Expand Wearable Biometric Sensor Technology

Valencell, a Raleigh, NC-based developer of wearable biometric sensor technology, has raised $10.5M in Series E financing led by Sonion with participation from existing investors TDF Ventures, GII LLC, and WSJ Joshua Fund. The startup plans to utilize the funding to expand its biometric sensor technology and team. The latest round brings the total amount of funding raised to date to $35 million.Many people think you can create accurate biometric wearable devices by piecing together some LED’s,
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