Solera Health, a technology-enabled personalized preventive health network has raised $18.3 million in Series B funding led by Adams Street Partners. Existing strategic investors Blue Cross Blue Shield Venture Partners, Sandbox Industries and social impact fund SJF Ventures also participated in the round. The latest round brings the company’s total capital raised to $30.3 million.Solera plans to use the funding to meet market demand for the Medicare DPP benefit in addition to expanding its
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Genomic Analysis Startup Genoox Raises $6M to Expand in the US Market
Genoox, the genomic analysis company making it easier for doctors, clinicians, and researchers to analyze and act on genetic sequencing data has raised $6 million in funding led by Inimiti Capital Partners and Glilot Capital Partners. With this investment, Genoox will also be expanding their genomic services into the U.S. healthcare market, providing medical facilities with innovative solutions to help solve real and pressing healthcare problems. Genoox has an international footprint, with a
Read More
GE Healthcare Acquires Novia Strategies to Expand Clinical Consulting Capabilities
GE Healthcare has acquired Novia Strategies, a healthcare clinical consulting firm focused on delivering critical outcomes in hospital operations. The acquisition will expand GE Healthcare’s clinical consulting capabilities to help healthcare organizations meet the demand for increased access, enhanced quality and more affordable healthcare for their patients. Originally founded under the name of InnoVia Health by Nancy Lakier in 1995, Novia Strategies help hospitals and health systems improve
Read More
15 Reasons Why 2017 Will Be A Banner Year for Digital Health Funding
Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report from Rock Health, a full-service venture fund dedicated to digital health. The findings reveal that despite the recent election and upcoming repeal of the ACA, the spike in digital health investments are not an anomaly, but an indication of increased interest in the digital health sector.The Digital Health Funding Midyear Update report
Read More
StartUp Health: Digital Health Funding Reaches $6.5B in First Half of 2017
Digital health funding reached $6.5 billion over 306 digital health deals in the first half of 2017, according to the recent StartUp Health Insights Funding Rankings 2017 Midyear Report. The report reveals 2017 has already surpassed previous years in overall funding and the number of new and unique investors focused on digital health. In Q2 2017 digital health funding reach a total of $3.8B, which marks it as the biggest quarter for digital health funding ever.The Startup Health insights tracks
Read More
Dr. Patrick Soon-Shiong’s Nantworks Acquires Majority Stake in St. Vincent & 5 Other California Hospitals
Billion physician Dr. Patrick Soon-Shiong announced that his company NantWorks, LLC, has acquired a majority stake in Integrity Healthcare, LLC, Verity Health System’s management company. Verity Health is a nonprofit healthcare system employing more than 6,000 staff statewide. For Nantworks, acquiring a majority stake creates a unique opportunity for collaboration to make Verity Health a leader in innovative healthcare delivery, including personalized patient-centered healthcare solutions for
Read More
New AI Device for Diabetes Eye Screening to Complete FDA Clinical Trial
IDx, an early-stage medical device company focused on developing software-based algorithms that can identify disease in medical images is currently conducting an FDA clinical trial to obtain clearance for its first product, IDx-DR by the end of summer 2017. IDx-DR is a screening solution for diabetic retinopathy. IDx also has algorithms in development for the detection of macular degeneration, glaucoma, Alzheimer’s disease, cardiovascular disease, and stroke risk. “I’ve worked on this for so
Read More
Nightingale Health Obtains CE Mark for Blood Analysis Platform
Finnish biomedical startup Nightingale Health has obtained CE marking for its blood biomarker analysis platform. The CE mark enables the clinical use of the analysis service and the analysed measures of creatinine and glucose in the EU region.Nightingale Health's blood biomarker analysis platform is based on NMR (Nuclear Magnetic Resonance) spectroscopy. It captures over 228 metabolic biomarkers from a single blood sample, transforming the possibility to understand molecular mechanisms and
Read More
Roche Acquires Mobile Diabetes Management Platform mySugr
Roche has acquired mobile diabetes management platform mySugr to form a leading open platform for digital diabetes management. For Roche, the acquisition will allow the company to expand its position in the diabetes management market.As part of the acquisition, mySugr will remain as a separate legal entity with an open platform for all diabetes devices and services. Users will continue to have the ability to automatically upload blood glucose data from their preferred device into the mySugr
Read More
Babyscripts Lands $5.7M to Expand Virtual Prenatal Care Platform for Expecting Mothers
Babyscripts, a Washington, DC-based digital health startup has raised $5.7 million in funding led by Ysios Capital. The funding round also included participation from Chemo Group, CG Health Ventures, Aurora Health Care Ventures, and P5 Health Ventures.Founded in 2013, Babyscripts is a virtual care platform for obstetrics that allows OBGYNs to deliver a new model of prenatal care. Babyscripts end-to-end solution embeds evidence-based care plans, approved by the patient’s own Provider, into
Read More
