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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Nomad Health Lands $12M to Expand Freelance Platform for Clinicians

by Fred Pennic 02/27/2018 Leave a Comment

Nomad Health

Nomad Health, a NYC-based freelance platform for doctors and nurses has raised $12 million in Series B funding led by Polaris Partners. The Series B round include participation from existing investors First Round Capital, RRE Ventures, and .406 Ventures.Founded in 2015 by a team of entrepreneurial doctors and Kevin Ryan (the founder of Business Insider and Gilt Group), Nomad is a marketplace for short-term clinical work where medical facilities post shifts they need filled.  Nomad hopes
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Healthcare Blockchain Startup BurstIQ Secures $5M Investment

by Fred Pennic 02/23/2018 Leave a Comment

Unified Signal, BurstIQ Expands Partnership to Offer Blockchain-based Health Data Management Layer

BurstIQ, Inc., a healthcare blockchain data company, announced it has secure a $5 million investment from  Millennium Blockchain  marking it the first of BurstIQ’s $20M private placement offering. The company initiated its private placement offering at the 2018 World Economic Forum (DAVOS 2018) in Davos, Switzerland, and expects to complete the offering by March 31, 2018.Millennium Blockchain is a specialty diversified holding company focused on next-generation blockchain use-cases and
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Cota Lands $40M to Accelerate Value-based Precision Medicine

by HITC Staff 02/22/2018 Leave a Comment

Novartis Selects Cota Healthcare’s Data Analytics Platform to Develop Therapies for Breast Cancer Patients

Cota, a NYC-based healthcare data and analytics company bridging precision medicine to population health has raised $40 million in Series C funding led by QVIA and was contributed to by EW Healthcare Partners. Memorial Sloan Kettering Cancer Center also participated in the round, along with existing Cota investors which include, Boston Millennia Partners, Horizon Blue Cross Blue Shield of New Jersey, Hackensack Meridian Health and Atoc Holdings.The funding will go towards rapidly scaling its
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M*Modal Closes $70M to Accelerate Investment In NLP/AI Tech Platforms

by Jasmine Pennic 02/21/2018 Leave a Comment

M*Modal Will Receive Approval to Emerge From Chapter 11

M*Modal, a Franklin, TN-based provider of clinical documentation and Speech Understanding solutions, today announced that its largest investors have completed an investment of $70 million in the company by converting debt into equity. This transaction will allow M*Modal to further accelerate its investment in technological innovation in its natural language processing (NLP) and artificial intelligence platform as well as client acquisition. M*Modal’s artificial intelligence (AI) and
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Cedars-Sinai, Emulate Partner on ‘Patient-on-a-Chip’ Program to Predict Disease Treatments

by Fred Pennic 02/21/2018 Leave a Comment

Emulate_Cedars-Sinai

Scientists at Cedars-Sinai and Boston-based digital health startup Emulate are pioneering a Patient-on-a-Chip program to help predict which disease treatments would be most effective based on a patient's genetic makeup and disease variant—a new approach to advance precision medicine.Researchers know that people respond differently to foods, drugs, and chemicals. For example, a medication may be effective in one individual, while it makes another even more ill. Until now, we’ve had no way to test
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DarioHealth Launches Blood Glucose Monitoring System on Amazon Prime

by Fred Pennic 02/21/2018 Leave a Comment

DarioHealth Expands Cloud-based Diabetes Monitoring Devices to U.K. Market

DarioHealth, a digital health company with mobile health and big data solutions has announced the launch and first sales of its Dario Blood Glucose Monitoring System on Amazon. The distribution on Amazon will strengthen DarioHealth's online retail presence, as it provides its users and potential clients with additional purchasing and shipping options, including shipping via Amazon Prime, as all fulfillment is being managed by Amazon. With over 300 million users, Amazon is one of the largest
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Hashed Health, ODH Partner to Develop Healthcare Blockchain to Support Value-based Care

by HITC Staff 02/21/2018 Leave a Comment

hashed health_healthcare blockchain-healthcare blockchain pilot

ODH, Inc., a health technology company providing data aggregation and analytics solutions, has teamed up with Hashed Health to develop blockchain and distributed ledger technologies for payers and providers with the goal of improving patient care. Hashed Health is a healthcare blockchain innovation company focused on building the new digital infrastructure for healthcare to develop new solutions to better secure patient data and enable greater payment efficiency for healthcare organizations and
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Hitch Health, Lyft Partner to Provide Non-Emergency Medical Transportation to Patients

by Jasmine Pennic 02/20/2018 Leave a Comment

Hitch Health, Lyft Partner to Provide Non-Emergency Medical Transportation to Patients

Hitch Health, a Minneapolis, MN-based healthcare technology company focused on innovative ways to improve patient health, today announced the launch of their partnership with ridesharing company Lyft. The announcement comes off the heels of a successful six-month pilot phase focused on at-risk populations served by Minnesota’s Hennepin Healthcare, which operates Hennepin County Medical Center (HCMC) in Minneapolis, as well as primary care clinics in Minneapolis and suburban communities. Early
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Healthbox Opens Applications for the 2018 Healthbox Studio

by HITC Staff 02/20/2018 Leave a Comment

Healthbox Opens Applications for the 2018 Healthbox Studio

Healthbox, a Chicago-based healthcare innovation services firm, today announce that we are now accepting applications for their 2018 Healthbox Studio. The five-day program is dedicated to advancing digital health solutions through peer-to-peer collaboration, speaker sessions, and fostering relationships with the Healthbox team as well as healthcare leaders, investors, and industry partners. Although Healthbox no longer hosts traditional accelerator programs, we are committed to supporting
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Roche Acquires Oncology EHR Startup Flatiron Health for $1.9B

by Jasmine Pennic 02/15/2018 Leave a Comment

Roche Acquires Oncology EHR Startup Flatiron Health for $1.9B

Roche has reached an agreement to acquire Flatiron Health, a NYC-based oncology EHR startup focused on accelerating cancer research and improving patient care for $1.9B. Under terms of the acquisition, Flatiron Health will continue its current business model, network of partnerships and overall objectives. The integrity of segregated patient protected health information will be preserved, as will dedicated sales and marketing, provider-facing and life science business activities. In addition,
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