Connected health and fitness market Fitbit Inc. has acquired wearable payment assets of digital wallet startup Coin. The deal includes key personnel and intellectual property specific to Coin’s wearables payment platform. Currently, Fitbit states it has no plans to integrate Coin’s wearable payments technology into the 2016 Fitbit product roadmap. The acquisition also excludes Coin's 2.0 "universal card" solution. The company wrote on its blog that "Coin will no longer sell its line of smart
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Decisio Health Lands $4.5M for FDA-Cleared Clinical Intelligence Platform
Decisio Health, a Houston-based healthcare software company that helps acute-care provider organizations continually improve their clinical processes, announced today that it has raised $4.5 million in Series B funding. The round was led by DECLATEX, LLC with participation by the University of Texas Horizon Fund. The company also added Larry Lawson, founder of eCardio, as an investor and board member.In addition to the funding round, the company has launched their clinical intelligence
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Jean-Luc Neptune Outlines Blueprint Health’s Approach to Digital Health Innovation
Blueprint Health’s Jean-Luc Neptune explains what makes the accelerator tick and where he sees digital health innovation headed in healthcare.The tale of how digital innovations will revolutionize U.S. healthcare has yet to be fully told, but by now, we all know of its blockbuster beginning. Billions of investment dollars have poured into the space, yet building longevity in the market may be a different story for innovators all together.Last year, an Accenture study proposed more than half (51
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Regroup Therapy Nabs $1.5M for Virtual Mental Health Visits
Regroup Therapy, a telehealth startup providing virtual mental health visits to treat depression and other issues, announced it has raised $1.5 million in seed funding led by Hyde Park Angels. The funding also included participation from OCA Ventures, Impact Engine, New Stack Ventures, Harvard Business School Alumni Angels of Chicago and MD Angels. Grubhub co-founder Mike Evans and Lou Malnati's Pizzeria president Mark Agnew also invested in the seed round. Founded in 2011, the Chicago-based
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India Startup HealthifyMe Lands $6M for Mobile Weight-Loss Coach App
Bangalore, India-based mobile health and fitness startup HealthifyMe has raised $6 million in Series A funding led by IDG Ventures India, Inventus Capital and Blume Ventures. The company is the only health app in India to receive Top Developer Badge – Google Play’s highest recognition for quality and innovation.The digital health startup plans to utilize the funding to scale its mobile weight loss app. Additionally, the company plans to hire 40 engineers, designers and product managers by the
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Lumin Medical Acquires Online Patient Reviews Software for Healthcare Providers
Patient satisfaction company Lumin Medical announced it has acquired the Online Reputation Management (ORM) assets from Implementing Technologies LLC. Lumin plans to integrate the ORM assets into its PatientTrak platform, a web-based tracking system that features cloud-based software solutions that bring visibility to the patient experience before, during and after a visit to his or her healthcare provider. The solution is designed to help healthcare operational and marketing leadership better
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Humana Makes Strategic Investment in Livongo Health for Diabetes Management
Humana has made a strategic equity investment in Livongo Health, a consumer digital health company that is empowering people with chronic diseases. The equity investment will support Livongo’s growth and help accelerate the launch of new diabetes management products and services. In the first phase of their partnership, Humana has made Livongo available to a select group of its members with successful results—delivering access to integrated diabetes management that combines consumer-focused
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Simplee Nabs $20M to Scale the Modern Patient Financial Experience
Israeli financial healthcare technology startup Simplee, today announced it has raised $20 million in Series C funding led by Social Capital, with participation from existing investors 83North and Heritage Group, and new investor American Express Ventures. Founded in 2010 by CEO Tomer Shoval, COO Roberto Rabinovich, and CTO Tom Tsarfati, Simplee offers providers a financial engagement platform that engages patients with a unified experience across the healthcare journey. From pre-service to
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Envera Health Raises $14M for Patient Engagement Optimization
Envera Health, a hands-on partner for optimizing provider and consumer engagement, empowering health systems to deliver their best patient care has raised $14M in funding led by Harbert Venture Partners (HVP) and Noro-Moseley Partners (NMP). Founded by CEO Dan Neuwirth, Envera Health's patient engagement optimization platform combines expertise, managed services, data, technology and infrastructure that enable our partners to achieve clinical, financial and growth objectives. Envera Health has
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Heritage Group Closes $220M Healthcare Innovation Fund
Backed by 15 leading national healthcare companies, Heritage Group, a Nashville-based, healthcare-exclusive, venture capital firm has announced the official closing of its latest Healthcare Innovation Fund at $220 million. The fund exceeded its original fund target by $20M and exceeded its prior Healthcare Innovation Fund by more than $50M. Founded in 1986 as a holding company for the entrepreneurial endeavors, Heritage’s unique VC model allows its strategic investors to actively engage in the
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