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

UK Telehealth Startup Now Healthcare Group Lands £4M to Develop Artificial Intelligence Solutions

by Jasmine Pennic 06/19/2017 Leave a Comment

UK Telehealth Startup Now Healthcare Group Lands £4M to Develop Artificial Intelligence Solutions

Now Healthcare Group, a UK-based telehealth provider has secured a £4 million ($5M USD) investment from leading health cash plan provider Medicash. The investment from Medicash will enable the NHG to further develop its artificial intelligence and machine learning offering through its mobile app products and its online pharmacy, enabling the faster development of auto diagnoses and medicine adherence solutions.Founded in 2015 by Lee Dentith, NHG provides digital healthcare services through its
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Spry Health Lands $5.5M to Fund Commercialization of Clinical-Grade Wearable

by Jasmine Pennic 06/15/2017 Leave a Comment

Spry Health Clinical-Grade Wearable

Spry Health, a Palo Alto, CA-based provider of remote patient monitoring solutions has raised $5.5 million in Series A funding led by Grove Ventures with participation from the Stanford-StartX Fund.  The company plans to use the round to fuel the commercialization of its clinical-grade wearable Loop that delivers continuous vital sign monitoring. Loop enhances timely care to chronically ill patients, with individualized analytics to improve patient outcomes, reduce hospitalization and decrease
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iSpecimen Launches First Online Marketplace for Human Biospecimens

by Fred Pennic 06/15/2017 Leave a Comment

iSpecimen Launches First Online Marketplace for Human Biospecimens

 iSpecimen, a Lexington, MA-based startup has launched the iSpecimen Marketplace, an online, data-rich platform that connects life science researchers who need human biospecimens to the healthcare organizations that have them. Using a powerful, multi-faceted search platform, the marketplace enables medical researchers to intuitively search millions of available human biospecimens and solves one of the research industry’s biggest challenges – how to compliantly obtain quality biospecimens in a
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Led by Cigna, Omada Health Nabs $50M to Expand Digital Therapeutics for Chronic Disease

by HITC Staff 06/14/2017 Leave a Comment

Led by Cigna, Omada Health Nabs $50M to Expand Digital Therapeutics for Chronic Disease

Omada Health, a digital health company that helps health plans and employers tackle type 2 diabetes and heart disease in the most engaging, effective, and scalable way possible has raised $50 million in funding led by Cigna. The round also included participation and U.S. Venture Partners, Andreessen Horowitz, Norwest Venture Partners, Humana, Kaiser Permanente Ventures, Providence Ventures, dRx Capital, GE Ventures, Civilization Ventures and Sanofi Genzyme BioVentures.Omada also announced that
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SERMO Expands Social Network for Doctors Globally to Transform Medical Crowdsourcing

by Jasmine Pennic 06/14/2017 Leave a Comment

SERMO Expands Social Network for Doctors Globally to Transform Medical Crowdsourcing

SERMO, a global social network for physicians has expanded its footprint globally to revolutionize medical crowdsourcing. SERMO is now open to physicians on all seven continents, delivering on its promise from day one to unite physicians from every corner of the globe, ensuring the free flow of expert information amongst physicians. Now available in more than 150 countries, physicians from both rural and urban areas, in developed and developing nations, can be exposed to the same expertise from
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Digital Health Startup Incubated at Providence Lands $8.5M for Digital Prescription Platform

by Jasmine Pennic 06/14/2017 Leave a Comment

Digital health Startup Incubated at Providence Lands $8.5M for Digital Prescription Platform

 Xealth, a digital health startup incubated within Providence’s Digital Innovation program has raised $8.5 million in funding led by DFJ to launch its digital prescription platform. The funding also included participation from leading healthcare organizations including Providence, UPMC, Hennepin, and Froedtert.Xealth’s digital prescribing and analytics platform is already being used by two of the largest not-for-profit healthcare systems in the US—Seattle-based Providence and Pittsburgh-based
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Accolade Unveils Maya Intelligence Engine & App to Deliver Personalized Healthcare Experience

by HITC Staff 06/14/2017 Leave a Comment

Accolade Introduces Maya Intelligence Engine and Mobile App

Accolade, an on-demand healthcare concierge for employers, health plans and health systems has unveiled their new Maya Intelligence Engine to provide highly personalized healthcare support for individuals and their families. In addition, Accolade is introducing a new mobile experience with Accolade Mobile app that enables live messaging with dedicated health assistants and nurses on any health- or benefits-related question or concern.Accolade CEO Raj Singh and Chief Product Officer Mike Hilton
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Cognizant to Acquire Health Care Service Corporation’s Unit TMG Health

by HITC Staff 06/13/2017 Leave a Comment

Cognizant Acquires TriZetto for $2.7 Billion In Cash

Cognizant has entered an agreement to acquire Health Care Service Corporation (HCSC) subsidiary TMG Health, a leading national provider of expert solutions for Medicare Advantage, Medicare Part D and Managed Medicaid plans. As part of the acquisition, TMG Health will continue to provide information technology, business process and other services to HCSC’s operating units and subsidiaries.  The combination of capabilities from TMG Health and both Cognizant’s Digital Operations and Digital Systems
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Figure 1 Lands $10M to Expand “Instagram for Doctors” App

by Jasmine Pennic 06/13/2017 Leave a Comment

Figure 1 Instagram for Doctors App

Figure 1, a Toronto-based digital health startup known as the “Instagram of Doctors” app has raised $10  million in Series B funding led by Kensington Capital Partners. The round included participation from Samsung and insurance conglomerate John Hancock/Manulife, it included Hedgewood and WTI.Founded in 2012, Figure 1’s HIPAA-compliant app, health-care professionals can share high-quality medical images organized by anatomy and specialty including X-Rays, MRIs, CAT scans, ECGs, and EKGs for
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PokitDok Acquires Pharmacy and Software Assets of Oration PBC

by Jasmine Pennic 06/13/2017 Leave a Comment

PokitDok

PokitDok, an API platform to free, secure, and unify data has acquired the pharmacy and software assets of Oration PBC. The acquisition enables PokitDok to complete support for delivery of essential commercial pharmacy benefit data, via its APIs, so organizations, providers and consumers have tools to make better healthcare and treatment decisions. Financial terms of the acquisition were not disclosed.To augment its existing pharmacy and clearinghouse services, this strategic purchase grants
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