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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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
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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Atos Acquires 3 Health IT Consulting Firms to Expand Presence in Health IT Market
Global IT company Atos has acquired Pursuit Healthcare Advisors, Conduent’s Healthcare Provider Consulting business and Conduent’s Breakaway Group business to expand its presence in the digital health IT market. Following on from the acquisition of healthcare IT outsourcing company Anthelio Healthcare Solutions in 2016, these acquisitions will allow Atos to support provider groups and payers as they look to optimize clinical and financial performance. The acquisition will bring 400 healthcare
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70% of Hospital Executives Believe Healthcare Blockchain Shows Promise for Interoperability
According to a new Black Book survey, 93 percent of managed care organization respondents and 70 percent of hospital respondents report respectively that blockchain shows soaring promise for healthcare interoperability. Conducted in Q3, Black Book surveyed 88 healthcare payers and 276 provider technology executives, managers and IT specialists on their comprehension of healthcare blockchain solutions and their level of organizational investment interest.What is Blockchain? First described in a
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Launchpad Digital Health Invests 8 New Digital Health Startups
Launchpad Digital Health, a focused next generation accelerator has added eight new startups to its 12-month accelerator program. These companies have now begun its twelve-month in-house immersion program.In addition, Launchpad Digital Health closed more follow-on investments in Stop Breathe & Think, Tueo Health and Amicomed.After first three years, 85% of the Launchpad Digital Health companies are successfully completing substantial follow-on venture rounds, corporate strategic investments
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National Home Doctor Service Acquires Toronto-Based MD Home Call
MD Home Call (MDHC), a startup in connecting patients and physicians in the Greater Toronto area for doctor house call and visits has been acquired by Crescent Capital backed National Home Doctor Service (NDHS). This acquisition significantly expands the company’s leadership position in the home patient house calls industry.NDHS based is Australia’s largest network of home visiting doctors with offices in Canada. NDHS’ role is to provide treatment of acute, episodic illness and injury to
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