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

StartUp Health, Allianz Partner to Co-develop Custom Healthcare Innovation Portfolio

by Fred Pennic 01/11/2017 Leave a Comment

StartUp Health Finland Reveals New Class of 16 Healthcare Transformers

StartUp Health, a global entrepreneurship development company for Healthcare Transformers, today announced a three-year partnership with global insurance provider Allianz to co-develop a Custom Innovation Portfolio of at least two dozen companies. Over the next three years through strategic calls for innovations, both companies will focus on solutions to critical health issues on individual, community and global levels.Specific themes for the Portfolio will be later announced after a Call for
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PeraHealth Raises $14M for Predictive, Real-Time Clinical Surveillance

by Fred Pennic 01/09/2017 Leave a Comment

PeraHealth Raises $14M to Leverage Predictive Analytics for Real-Time Clinical Surveillance

PeraHealth, a Charlotte, NC based provider of predictive, real-time clinical surveillance solutions has raised $14 million in funding from Mainsail Partners, a growth equity firm.  As the healthcare industry progresses toward value-based care, high costs surrounding chronic diseases and infections continue to escalate. For example, sepsis kills 258,000 people in the U.S. every year and costs the U.S. healthcare system nearly $24 billion annually, according to the Sepsis Alliance. PeraHealth is
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Endotronix Nabs $12M to Expand Wireless Pulmonary Artery Sensor

by HITC Staff 01/09/2017 Leave a Comment

Endotronix Wireless Pulmonary Artery Sensor

Endotronix, Inc., a digital health medtech company providing innovative solutions for patients with advanced heart failure, today announced that it has entered into a $12 million term loan agreement with Silicon Valley Bank (SVB). The financing comes after a successful $32 million Series C round last July that included BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, OSF Ventures, existing investors, and a corporate strategic investor. The startup plans
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Rock Health: Digital Health Funding Tops $4.3B in 2016, Down 8% from 2015

by HITC Staff 01/06/2017 Leave a Comment

Rock Health: Digital Health Tops $4.3B in 2016, Down 8% from 2015

Digital health funding reached $4.2B in 2016, down 8% from 2015, representing a compound annual growth (CAGR) from 2011-2016 of 30%, according to the  2016 Year End Funding Report report from digital health venture firm Rock Health. 2016  The annual report reveals 2016 was a strong year for digital health, but it also served as a reality check for founders and investors due to the election and uncertainty around the future of the ACA.In comparison to StartUp Health's digital health funding
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Pursuant Health (Solo Health) Nabs $12.8M to Expand Population Health Platform

by Jasmine Pennic 01/06/2017 Leave a Comment

Pursuant Health Nabs $12.8M to Expand Population Health Platform

Health kiosk company Pursuant Health formerly known as Solo Health has raised $12.8 million in Series A funding to expand its population health platform through new channels. These channel expansions include texting, mobile, digital and incentive management capabilities, providing broader program administration, engagement and collection of health data.Founded in 2010, the Atlanta-based company conducts population level health screenings that follow United States Preventive Services Task Force
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Arcadia Healthcare Solutions Raises $30M to Expand Data Analytics Platform

by Jasmine Pennic 01/06/2017 Leave a Comment

Arcadia Healthcare Solutions Raises $30M to Expand Data Analytics Platform

Burlington-based Arcadia Healthcare Solutions has raised $30 million in  capital growth from the Merck Global Health Innovation Fund, GE Ventures, and existing investors Peloton Equity, Zaffre Investments, and Morgan Stanley Alternative Investment Partners. The EHR data aggregation/analytics company will utilize the funding to to accelerate its robust product development plans in the core Arcadia Analytics platform and expand population heath management market activities.Founded in 2002, the
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PeerWell Partners with NFL Athletes to Launch Post-Op Rehab Platform

by HITC Staff 01/05/2017 Leave a Comment

PeerWell Partners with NFL Athletes to Bring Elite ReHab Technology to Everyday Patients

PeerWell, whose mobile PreHab technology helps patients prepare for surgery, has announced the launch of an extension of its platform to assist patients through post-operative recovery. PeerWell’s platform now starts with PreHab to prepare patients for surgery and continues with ReHab to enable patients to recover from surgery. PeerWell’s PreHab to ReHab solution will first roll out for patients undergoing joint replacement surgery for the hip or knee.PeerWell collaborated with retired NFL star
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Castlight Health Acquires Enterprise Health Benefits Platform Jiff

by HITC Staff 01/05/2017 Leave a Comment

Castlight Health Acquires Enterprise Health Benefits Platform Jiff

 Health benefits platform provider Castlight Health has acquired employee digital health platform Jiff to form a single company offer the most comprehensive health benefits platform in the industry. The combined company will expand product offering and distribution channels that will accelerate growth on a larger revenue base serving more than 240 customers, including over 70 of the Fortune 500. This marks the first digital health acquisition of 2017.Based in Mountain View, CA, Jiff serves as a
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VIDA Raises $5.1M to Commercialize Precision Pulmonary Informatics

by Fred Pennic 12/21/2016 Leave a Comment

VIDA Diagnostics, Inc., a Coralville, IA-based provider of precision pulmonary informatics has raised $5.1 million in Series B funding led by Chartline Capital Partners with participation from Rittenhouse Ventures, Next Level Ventures, Rural Vitality Fund II, Iowa Seed Fund, and Northern California Investment Fund. The latest round will be utilize to help commercialize VIDA’s pulmonary imaging software and associated Precision Services including hiring additional talent.Founded in 2004, VIDA
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GreatCall Acquires Healthsense to Expand Senior Care Market Footprint

by Fred Pennic 12/20/2016 Leave a Comment

Connected health for active aging provider GreatCall Inc. has acquired Healthsense, a provider of of passive remote monitoring services for the senior care, managed care and home care.  Healthsense remote monitoring service is based on industry-leading passive technology that track activities of daily living (ADLs).For GreatCall the acquisition will expand its portfolio of connected health services for senior living and healthcare. . GreatCall's products and services include: Lively, Jitterbug
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