Health Catalyst, a Salt Lake City-based provider of healthcare data warehousing, analytics solutions and outcomes improvement has raised $70M in Series E funding. The funding round was co-led by Norwest Venture Partners, the lead investor in three previous rounds, and UPMC, a world-renowned healthcare provider and insurer that is also a Health Catalyst customer. . Other contributors to the round were new investors Leerink Capital and existing investors Sequoia Capital, Sands
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
UPMC Invests $35M into medCPU for Clinical Decision Support
UPMC and medCPU Inc. has announced a strategic partnership in which UPMC, one of the nation’s leading integrated health systems, will take a majority interest in this technology innovator, become a customer of medCPU’s real-time decision support solutions and co-develop additional products with the goal of improving patient outcomes.
As part of this transaction, UPMC has commenced a tender offer to purchase stock from existing non-employee medCPU shareholders and expects to hold
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eviCore Acquires Partners HealthCare Spinout QPID Health
eviCore healthcare, a Bluffton, SC-based company enabling better outcomes for patients, payers and providers through advanced medical benefits management, announced that it has acquired Boston-based QPID Health. The company has raised more than $16.3M to date backed by Matrix Partners, Partners Innovation Fund, Massachusetts General Physicians Organization and Cardinal Partners. QPID Health will continue to maintain its offices in Boston, MA and Carlsbad, CA and will retain its name. Financial
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ResMed Scoops Up Home Health Software Brightree for $800M
ResMed a medical device company and innovator in sleep-disordered breathing and respiratory care has acquired business management and clinical software applications for the post-acute care Brightree for $800M in cash. This acquisition adds to ResMed's global leadership in connected healthcare solutions. Under the terms of the agreement, ResMed will fund the acquisition primarily with debt. Brightree reported net sales of approximately $113 million and EBITDA of about $43 million in 2015.
On
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IBM Watson Health to Acquire Truven Health Analytics for $2.6B
IBM Watson Health today announced plans to acquire Truven Health Analytics, a provider of cloud-based healthcare data, analytics and insights for $2.6 billion. The acquisition will boost IBM Watson Health to one of the world’s largest and most diverse collections of health-related data, representing an aggregate of approximately 300 million patient lives acquired from three companies. Through the Watson Health Cloud, healthcare organizations will be able to take previously disparate data sets,
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Bloodbuy Lands $3.75M to Connect Hospitals, Blood Centers Nationwide
Bloodbuy, a health tech company that operates a cloud-based platform connecting hospitals and blood centers nationwide has raised $3.75M in strategic funding round led by Premier Supply Chain Improvement, Inc., an affiliate of Premier, Inc. and St. Joseph Health. The Dallas, TX-based company will utilize the capital to accelerate its integrated network of hospitals and blood centers. As part of the funding deal, Durral Gilbert, President of Premier Supply Chain Improvement, and Nita Stith, Vice
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Healthcare API Platform PokitDok Lands Strategic Investment from McKesson Ventures
McKesson Ventures has made an strategic investment in healthcare API platform startup PokitDok . The financial details of the strategic investment were not disclosed. PokitDok believes the relationship with McKession Ventures will help foster productive innovation in healthcare interoperability. Tom Rodgers, Senior Vice President and Managing Director at McKesson Ventures will join PokitDok as a board observer.
“McKesson is an established provider of enterprise-level healthcare data
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Kaiser Permanente Ventures Pumps $5M in In-Home Care Startup Hometeam
Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente, has invested $5 million in New York-based in-home care startup Hometeam, bringing its total funding to date to $38.5 million, Fortune first reports. Hometeam transforms the aging experience by providing families expert caregiver matching, custom iPads, and a care team to promote healthy & active days. The capital will be used to accelerate its medical and technology development as it continues to experience
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Protenus Raises $4M to Help Hospitals Protect Patient Privacy in EMR
Baltimore, MD-based Protenus, a provider of privacy protection solutions for EMRs has raised $4 million in Series A funding led by Arthur Ventures. The round also included particpation from LionBird Venture Capital, DreamIt Ventures, Cognosante, TEDCO, and the Baltimore Angels.
Protenus helps hospitals protect patient privacy in the EMR by using advanced analytics to detect HIPAA violations in real-time. The Protenus Privacy-as-a-Service platform consists of both a continuously-learning
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Pfizer, Galvanize Partner to Launch Health & Wellness Innovation Program
Galvanize and Pfizer Consumer Healthcare (PCH) has announced a joint health and wellness innovation program that will enable up to ten startup companies specializing in the development of potential solutions for improved sleep, stress management, energy, aging and nutrition to access Galvanize’s network of technical talent and investors.
The first cohort of companies will be jointly selected by Galvanize and Pfizer Consumer Healthcare for a six-month program beginning on March 7, 2016, that
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