Healthcare services provider Cardinal Health quietly acquired TelePharm, a Iowa City-based telepharmacy startup in July for an undisclosed amount, according to The DesMoines Register. Founded in 2012 by Roby Miller, a University of Iowa graduate, TelePharm's cloud-based software helps pharmacies streamline workflow and communication in order to strengthen their patient relationships.Integration DetailsAs part of the acquisition, all of TelePharm's 18 employees including its founder will maintain
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Health2Sync Lands $3M to Expand Diabetes Management App in Asia
Taiwanese digital health startup Health2Sync has raised $3 million in Series A funding led by WI Harper Group; with participation from Cherubic Ventures, iSeed Ventures, and SparkLabs Global Ventures. The company plans to utilize the funding to expand product development and accelerate growth overseas in markets such as Japan, China, and Southeast Asia.Founded in 2013, Health2Sync mobile app available on Android and Apple revolutionizes diabetes care through automated care and analytics to help
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Zillion Nabs $28M to Expand Digital Patient Engagement Platform
Zillion, a Norwalk, CT-based digital health company has raised $28 million in Series C funding led by TwinFocus Capital Partners to expand its cloud-based digital patient engagement platform. Turning content, people-based services and programs into scalable digital products, Zillion enables companies to realize the true potential of mobile engagement and empower consumers to take control of their health.Zillion’s platform features face-to-face live video conferencing – including one-to-one,
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athenahealth Acquires Patient IO to Bring Mobile Care Coordination to Population Health
athenahealth has acquired Austin, TX-based Patient IO, a mobile care coordination platform that helps health systems transition into value-based care by better connecting them with patients between visits. Financial terms of the acquisition were not disclosed. Founded in 2013, Patient IO's mobile and web-based app helps health professionals create fully-customizable care plans that can be seamlessly delivered to patients outside the clinic. Patients receive treatment-specific tasks, reminders
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ClearCare Raises $60M to Expand Home Care Agency Platform
ClearCare, a San Francisco-based software platform for home care agencies has raised $60 million in growth-equity led by global investment firm Battery Ventures. The company plans to use the latest round to expand its core platform and explore new strategic partnerships. Founded in 2010, ClearCare's cloud-based platform helps agencies attract and retain customers, schedule and deliver care, and optimize their back offices. The company's end-to-end platform delivers these solutions through
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Australian Startup DoseMe Raises $2.6M for Precision Dosing
DoseMe, an Australian digital health startup has raised $2.6 million in Series A funding to expand its precision dosing platform. The company plans to utilize the latest round of funding to commercialize DoseMe in Australia, expand into the US and European markets and integrate with existing EMRs in key markets. Founded in 2012 by Dr Robert McLeay, the recent funding round was filled by Greg Spurgin and Gary Cunningham who co-founded an US outpatient orthopedic physical therapy company Results
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TreeHouse Health, Accenture Partner to Support Digital Health Startups
TreeHouse Health, a health innovation center that invests in emerging healthcare companies to help accelerate their growth, has team up with Accenture to provide guidance and insights to its growing roster of digital health startups.As part of its partnership as an anchor tenant, Accenture will assign some of its healthcare consultants to the TreeHouse Health facility in downtown Minneapolis to help TreeHouse Health evaluate new portfolio companies for future viability and advise and engage with
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NextHealth Technologies Lands $8.5M to “Nudge” Health Behavior Change
NextHealth Technologies Inc., a prescriptive analytics and consumer engagement platform, has raised $8.5 million in Series A funding led by Norwest Venture Partners. The Denver, CO-based company plans to utilize the recent round to grow its engineering team to support its enterprise platform. Founded in 2013, NextHealth's enterprise platform identifies and targets high-cost plan members, prescribes and delivers member-level actions or "nudges," then measures and optimizes outcomes. The program
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Leidos Closes $5B Lockheed Martin Acquisition, Appoints 3 New Directors
Leidos has announced the successful $5B acquisition of Lockheed Martin's Information Systems & Global Solutions (IS&GS) business in a Reverse Morris Trust transaction. The division has about $5 billion in sales and more than 16,000 employees globally, IS&GS has been a leading government services provider for more than 20 years. Lockheed states the move will allow them to focus more on its core aerospace and defense operations.The Leidos Board of Directors also announced the election
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Big Data Startup Innovaccer Lands $15.6M for Integrated Care Framework
Innovaccer, a Silicon Valley based big data startup has raised $15.6 million in Series A funding led by Westbridge Capital Partners with participation by other angel investors. The company plans to utilize the latest round to expand its footprint in healthcare as providers and payers struggle to reduce the inefficiencies in the current healthcare system,Founded in 2012, Innovaccer's big datashop helps healthcare organizations provide better care by integrating complex data across multiple
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