Quest Diagnostics has signed a definitive agreement to acquire Cleveland HeartLab, a provider of innovative diagnostic services for managing cardiovascular disease. A spin-off of Cleveland Clinic, Cleveland HeartLab has created a specialized approach to identifying risk of heart disease, based in part on science published in more than 100 peer reviewed journals. As part of the acquisition, Cleveland HeartLab will serve as the base for Quest's first national center of excellence in
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
EchoPixel Raises $8.5M to Support Commercialization of 3D Medical Visualization Platform
EchoPixel, a Mountain View, CA-based provider of an interactive virtual reality software solution that assists healthcare professionals in detailed interpretation of medical images has raised $8.5 million in Series A funding led by Intel Capital The round also included participation from existing EchoPixel investors Aurus Capital, Runa Capital and Harris & Harris Group and new investors LAM Research and Binomial. EchoPixel plans to use the funding to support the commercialization of True
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BaseHealth Lands $8.5M for Predictive Analytics Platform to Uncover ‘Invisible Patients’
BaseHealth, a predictive, evidence-based, and data-driven population health management solution that targets the unknown risk by identifying the “Invisible Patients” has raised $8.5 million in Series C funding led by HBM Healthcare Investments. The Sunnyvale, CA-based digital health startup plans to use that latest round of funding to further develop BaseHealth’s analytics engine, which is based on peer-reviewed medical literature, curated by physicians and scientists, and enhanced with
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Health Tech Startup iCoreConnect Joins StartUp Health’s Global Army of Transformers
iCoreConnect, a provider of secure, HIPAA-compliant communications and cloud-based practice management has been chosen to join the elite StartUp Health Academy for Health Transformers and digital health entrepreneurs. Through StartUp Health, iCoreConnect gains long-term access to a global network of peers, partners and promotion. StartUp Health’s platform is focused on coaching and supporting entrepreneurs to foster digital innovation to transform health on a global scale. provide video remote
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Mercom: Health IT/ Digital Health VC Funding Tops $5.5B in First 9 Months of 2017
Healthcare IT / Digital Health VC funding in the first nine months of 2017 has already surpassed 2016's total - and 2016 set an all-time record by eclipsing $5 billion for the first time, according to a new report from Mercom Capital Group. The latest report covers deals of all sizes from across the globe, which includes funding and mergers and acquisitions (M&A) activity for the Healthcare Information Technology (IT) / Digital Health sector for the third quarter and first nine months (9M)
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Propeller Health Unveils API to Provide Local Asthma Conditions Nationwide
Propeller Health, a digital health company developing solutions respiratory medicine has released the first ever API to provide local asthma conditions to anyone across the United States. The new service, Air by Propeller, is open and free to use that enables other individuals and organizations to use its local asthma condition calculations to improve the health of people with chronic respiratory disease.Propeller has trained a machine learning model based on millions of days of anonymized data
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Welltok Acquires Tea Leaves Health to Expand Growth in Hospital Market
Welltok, a consumer health enterprise SaaS company has announced the acquisition of Tea Leaves Health, a provider of a SaaS-based analytics and marketing technology platform used by hospital systems to target consumers and physicians with coordinated engagement campaigns. Financial terms of the acquisition were not disclosed. The acquisition will propel Welltok’s growth within the hospital market, while enriching its data assets and product portfolio to better serve all types of population
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Express Scripts to Acquire EviCore for $3.6B to Broaden Its Reach Beyond Prescription Drugs
Express Scripts, a St. Louis-based integrated pharmacy benefit management services provider, announced it has acquired eviCore healthcare, a provider of evidence-based medical benefit management services for $3.6 billion. For Express Scripts, the acquisition will combine its pharmacy benefit management offering and eviCore's highly complementary medical benefits management (MBM) platform to create a uniquely comprehensive patient benefit management solution. In addition, the acquisition of
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Avizia Acquires Virtual Care Provider Carena to Boost Telehealth Market Share
Telehealth provider Avizia has acquired Seattle-based leading virtual care provider Carena to reinforces its position as the largest and most comprehensive telehealth solutions partner for health systems nationwide. Founded in 2000, Carena designs and operates virtual clinics for health systems and provides access to care for more than 35 million consumers. Financial terms of the acquisition were not disclosed. As part of the acquisition, Ralph Derrickson, president and CEO of Carena will
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StayWell Acquires MedHelp’s Health Engagement Platform
StayWell, a health solutions company, announced that it has acquired Silicon Valley-based MedHelp’s health engagement platform, apps and talent to expand its mobile health portfolio and support its corporate growth strategy. The acquisition will extend StayWell’s reach to MedHelp’s 3 million users, while offering more robust solutions to existing customers, during all stages of their health. The financial terms of the deal were not disclosed.MedHelp brings with it a number of award-winning
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