Today, ridesharing company Lyft is announcing the appointment of their first VP of Healthcare, Megan Callahan, to double down on growth in the healthcare sector. Lyft healthcare rides have grown 3x over the last year, and Megan will lead the strategic direction and expansion of Lyft’s healthcare business. She brings more than two decades of experience from across the healthcare industry, serving most recently as Chief Strategy Officer at Change Healthcare, and as Senior Vice President of
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Revenue Cycle Startup Medpilot Nabs $1.7M to Expand Patient Financial Engagement Platform
MedPilot, a patient financial engagement platform working with outpatient facilities, hospitals, revenue cycle management companies, and practice management systems, announced it has raised $1.7 million in funding led by Hudson River Capital Partners, Valley Growth Ventures, Cedars-Sinai, TechStars, and investor Tom Hirschfeld. MedPilot’s will use the latest round of funding to further bolster their team and roll out additional new functionality in their patient financial engagement platform for
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Medtronic Acquires Nutrino Health to Integrate Diabetes Capabilities with Nutritional Data
Medtronic acquires Nutrino Health to augment diabetes capabilities with Nutrino’s nutritional database and data science. Medtronic, a provider of medical technology announced it will acquire Tel Aviv-based Nutrino Health, a provider of nutrition-related data services, analytics, and technologies. For Medtronic, the acquisition is an opportunity to improve clinical outcomes for people with diabetes through the integration of Nutrino’s extensive food analysis infrastructure, nutrition science
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Jump Technologies Raises $2M to Expand Hospital Supply Chain Management Platform
Jump Technologies, a hospital supply chain solutions provider, today announced it has raised $2 million in funding led by Black Granite Capital and includes new strategic investor Mount Sinai Ventures and reinvestment by two large investors. The Eagan, MN-based company plans to use the latest round of funding to expand the company’s national sales efforts and support broader product development.Supply Chain Management Is Often Overlooked in HospitalsInventory management in hospitals is often
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RenalytixAI Lands $29M for AI-Driven Kidney Disease Diagnosis Platform, Will Launch Product with Mount Sinai in 2019
RenalytixAI, an NYC-based developer of artificial intelligence-enabled clinical diagnostics for kidney disease, today announced it raised $29 million in funding to support the development and commercialization of two product categories for the early detection of kidney disease and accurate management of kidney transplant rejection. Following the successful completion of its fundraising on November 6, 2018, RenalytixAI started trading publicly on AIM, a market of the London Stock Exchange. Kidney
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M&A: Veritas and Evergreen Coast Capital to Acquire athenahealth for $5.7B
athenahealth, Inc., today announced private equity firms Veritas Capital and Evergreen, the private equity subsidiary of Elliott Management will acquire athenahealth for approximately $5.7 billion in cash ($135 per share). The acquisition comes months after Elliot Management made an unsolicited bid to acquire the company for $6.5B.Financial DetailsUnder the terms of the agreement, athenahealth shareholders will receive $135 in cash per share. The per share purchase price represents a premium of
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Force Therapeutics Raises $21M to Scale Episode-based Digital Care Delivery
Force Therapeutics, a New York-based provider of episode-based digital care delivery, today announced it has raised $21 million funding led by Insight Venture Partners. The funding will fuel Force's rapid product innovation, national expansion across major health systems, and client growth. Force is currently deployed in 60 facilities around the country and powers digital care management at leading health systems, including Geisinger, NYU Langone, Northwell Health, University Hospitals of
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VA Taps VisualDx to Improve Diagnostic Accuracy in Skin-Related Conditions
The U.S. Department of Veterans Affairs (VA) is expanding its partnership with diagnostic clinical decision support tool VisualDx to improve diagnostic accuracy in skin-related conditions. The one-year license agreement license will give clinical staff in more than 1,200 of the VA’s healthcare facilities nationwide access to VisualDx’s add-on feature, DermExpertDermExpert AI OverviewToday, more than 65 percent of skin complaints are seen by non-dermatologists, and 15 percent of all primary care
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BREAKING: GetWellNetwork Acquires Patient Engagement Startup HealthLoop
GetWellNetwork, a precision engagement healthcare company has acquired automated patient engagement startup HealthLoop. The acquisition will help expand GetWellNetwork’s reach into nearly 700 health care providers, placing it at the forefront of the changing healthcare landscape and at the heart of the patient journey. From inpatient to outpatient, to physician practices and urgent care clinics, to patients on the go, GetWellNetwork offers the only cross-continuum platform that performs across
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3 Strategic Insider Tips to Follow When Selling Your Digital Health Startup
Growing your digital health company to the point of acquisition can be exciting, but do you know the right steps to strategically close the deal? CarePort Health’s Marc Camm explains.Stand around any drawing board long enough and you’ll hear a familiar question regardless of the innovation: how do we scale this? Startup growth, especially in digital health, is challenging—some will seek acquisition—some will take the bootstrap route—and most will fail regardless. Still, there is room to succeed.
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