ExplORer Surgical, a Chicago-based startup provider of intraoperative surgical and interventional procedure workflow management and analytics has raised $3M in Series A funding led by Aphelion Capital. The round also included participation from Elliott Management, the University of Chicago, M25 Group, and the Harvard Business School Angels of Chicago. The company plans to utilize the funding to accelerate commercialization of its interactive workflow management platform for surgery that that
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
PriorAuthNow Lands $3.6M for EHR-Integrated Prior Authorization Platform
PriorAuthNow, a Columbus, OH-based startup has raised $3.6M in funding led by NCT Ventures and with participation from Detroit Venture Partners (DVP). The company plans to use the latest round of funding to expand the PriorAuthNow team and expedite the roll out of the platform to some of the largest hospital systems in the US.On average, a single provider spends 20 hours per week and $65,000 per year on PAs. Forty percent of these PAs are abandoned due to complex approval policies. Founded in
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doc.ai Launches First Blockchain-Enabled NLP for Quantified Biology
doc.ai Incorporated ("doc.ai"), a San Francisco, CA-based digital health startup has announced the launch of its blockchain-enabled natural language processing (NLP) platform for quantified biology. Founded by the entrepreneurial Walter De Brouwer in 2016, doc.ai utilizes the blockchain to timestamp its datasets and decentralize artificial intelligence to generate insights from combined medical data.doc.ai is building a new platform for established medical companies to enable patients to have
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Propeller Health Expands Partnership with GlaxoSmithKline to Improve Management of Asthma and COPD
Propeller Health, a digital health company developing solutions respiratory medicine has announced the expansion of its 2015 collaboration with GlaxoSmithKline (GSK). As part of the expanded partnership, both companies will undertake commercial activities using the Propeller clip-on sensor and software platform for use with GSK’s ELLIPTA Inhaler. The companies will continue ongoing research and development efforts to collect evidence from the Propeller clip-on sensor and software platform used
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AbleTo Raises $36.6M to Accelerate Behavioral Health Platform
AbleTo, Inc., a provider of technology-enabled behavioral health solutions has raised $36.6 million in Series D funding led by Bain Capital Ventures and also includes strategic investor Aetna. Existing investors, ncluding .406 Ventures, Sandbox Industries, HLM Venture Partners, and Horizon Healthcare Services, Inc. also contributed in this round. AbleTo plans to utilize the funding to accelerate scale and expansion of its business operations. The company has now raised a total of $57.4 million
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Lumity Raises $19M to Accelerate Data-Driven Health Benefits Platform
Lumity, a San Mateo, CA-based technology-driven benefits solution for growing companies has raised $19M in Series B funding led by DFJ, with participation from current investors Social+Capital Partnership and True Ventures. As part of the recent round, Lumity is now expanding the company’s benefits advisory practice and technical and back office teams. DFJ Partner, Josh Stein, will also join the company’s Board of Directors.Founded in 2013, Lumity helps employers and employees make better, more
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Interpreta, higi, Partners to Integrate Biometric Data for Patient Engagement
Interpreta and higi are announcing a partnership to integrate biometric data from higi with clinical, claims and genomic data from Interpreta. The integration will enable patients and their physicians to increase engagement and share healthcare data (on blood pressure, pulse, BMI, weight, body composition, and self-screening questions) gained at higi retail stations and prioritized within Interpreta in real time.This will enable physicians and insurers to leverage a patient’s biometrics data,
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MedAware Raises $8M for AI-Powered Platform to Eliminate Prescription Errors
A new health IT startup focused on patient safety and real-time medication surveillance through advanced machine learning, MedAware, announced today that they have secured Series A funding. As a provider of algorithm-rich solutions for the detection and elimination of prescription errors, MedAware raised $8 million in Series A funding with participating investors including BD (Becton, Dickinson and Company), Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Co. In
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Phil Lands $10M to Expand End-to-End Prescription Delivery Service App
Phil, a San Francisco, CA-based end-to-end prescription management and delivery service connecting patients with local pharmacies has raised $10 million in funding led by Crosslink Capital. The round also includes participation from Eniac Ventures, Softtech VC, Forerunner Ventures, SV Angel, Silicon Valley Bank, and Transmedia Capital.Founded in 2015, Phil connects users with community-based pharmacies to eliminate the frustration that can be associated with the prescription refill process
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Lyra Health, Welkin Health Partner to Develop Personalized Care for Behavioral Health Needs
Lyra Health, a digital health company transforming access to behavioral health in the workplace, has partnered with digital health startup Welkin Health to develop an end-to-end solution that will strengthen Lyra's work providing timely and personalized care for employers, and their employees in need of behavioral health services.Welkin’s configurable case management platform consolidates email, text, and phone communications between patient and care provider, creating a comprehensive overview
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