Mobile, cloud based, specialty-specific EHR provider, Modernizing Medicine announced that Warburg Pincus, a global private equity firm has made an investment of $231 million into the company to provide liquidity to existing shareholders, fund further expansion and support future strategic endeavors.With the latest round of funding, the Boca Raton, FL-based company plans pursuing certain strategic initiatives that may include automation of prior authorization workflows, deployment of an eCommerce
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Digital Health Disruption: Will Wearables Transform Healthcare Delivery?
Biotricity’s Waqaas Al-Siddiq gives us a glimpse of what’s to come from medical/bio wearable adoption. Since the fastening of the first fitness trackers around health enthusiasts’ wrists, the chatter about wearables and their potential to change healthcare hasn’t stopped. However, that conversation has led to the question: Are wearables equipped to make an impact in healthcare, or are they another millennial-fueled fad destined to fade away?If you ask Biotricity’s founder and CEO Waqaas
Read More
Apple Quietly Acquires Sleep Monitoring App Beddit
Apple has quietly acquired Finland-based sleep tracking hardware and software company Beddit, CNBC first reported. The acquisition was confirmed in an update to Beddit’s privacy policy on its website stating, "Your personal data will be collected, used and disclosed in accordance with the Apple Privacy Policy." Financial details of the acquisition were not disclosed. Founded in 2007, Beddit technology is based upon a scientific principle known as ballistocardiography (BCG), an unobtrusive,
Read More
EverlyWell Raises Additional Capital to Expand Convenient At-Home Health Testing
EverlyWell, an Austin, TX-based next-generation healthcare testing platform has completed another round of funding led by NextGen Venture Partners with Jack Novak, SoGal Ventures, Full Tilt Capital, including participation from other investors. The latest round brings the company’s total funding to $5 million since its inception in 2015.EverlyWell offers a suite of regulatory-compliant, physician-reviewed, at-home lab tests, without a lab visit or an in-person doctor referral. The platform
Read More
Biotech Startup Lantern Pharma Raises $3.7M to Accelerate Cancer Drug Approval Process
Clinical-stage biotech company Lantern Pharma Inc. has raised $3.7 million in Series A funding led by BIOS Partners, GPG Ventures and other private investors. Using big data and artificial intelligence, Lantern Pharma focused exclusively on accelerating the cancer drug approval process.The startup plans to utilize the funding to continue development of its two lead drug candidates and further the advancement of its big data and Artificial Intelligence (AI) platform. Lantern’s strategy focuses on
Read More
MedPhoto Manager Launches Real-Time Medical Image Sharing App for Physicians
MedPhoto Manager, a healthcare technology firm improving physician and patient access to medical images has launched a MedPhoto Manager app that provides physicians with a secure real-time tool for taking, storing, and sharing patient photos. The app was developed by MedPhoto Manager Founder Dr. Michael Samuels, an optometrist based in Raleigh, North Carolina who saw the opportunity for a secure and reliable service that allows doctors to take and distribute medical photos. The app is currently
Read More
ResApp Licenses New Algorithm to Improve Diagnostic Screening for Childhood Pneumonia
ResApp Health Limited, a digital health startup provider of smartphone apps for respiratory disease diagnosis and management has signed a licensing agreement with UniQuest, the main commercialization company of The University of Queensland. The licensing agreement includes an additional diagnostic toolset of machine-learning algorithms that use a combination of clinical features to screen for childhood pneumonia. Pneumonia is the leading cause of mortality for children below five years of age.
Read More
DarioHealth Expands Cloud-based Diabetes Monitoring Devices to U.K. Market
DarioHealth, a Israel-based provider of cloud-based diabetes monitoring devices has announced the launch of a direct-to-consumer channel in the United Kingdom. Following the success of the direct-to-consumer channels in the U.S. and Australia, DarioHealth will leverage its knowledge to provide new opportunities for the greater U.K. diabetes community to analyze and personalize their treatment.Until today, DarioHealth was only available through pharmacies and diabetes educators in the U.K. Now,
Read More
Evidation Health Raises $10M to Enhance Development of New Digital Biomarkers
Evidation Health, a San Mateo, CA-based startup that helps healthcare companies quantify outcomes in the digital era, with real life data from connected patients has raised $10 million in funding led by Sanofi-Genzyme BioVentures. The startup plans to utilize the latest round of funding to enhance its capabilities in large scale behavioral analytics, health outcomes measurement, and digital biomarker development using real life patient data from hundreds of applications and devices.Founded in
Read More
SAP Health Division Partners with StartUp Health to Build Custom Healthcare Innovation Portfolio
The SAP Health division is partnering with StartUp Health, a global entrepreneurship development company to build a custom healthcare innovation portfolio, starting with up to 15 digital health startups. The partnership will focus specifically on developing new apps and platforms to be used with the SAP® Health platform built on SAP Cloud Platform.Also, the partnership will support the development of a SAP-sponsored innovation program within the StartUp Health Moonshot Academy. The aim is to
Read More
