Digital health funding reached $6.5 billion over 306 digital health deals in the first half of 2017, according to the recent StartUp Health Insights Funding Rankings 2017 Midyear Report. The report reveals 2017 has already surpassed previous years in overall funding and the number of new and unique investors focused on digital health. In Q2 2017 digital health funding reach a total of $3.8B, which marks it as the biggest quarter for digital health funding ever.The Startup Health insights tracks
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Dr. Patrick Soon-Shiong’s Nantworks Acquires Majority Stake in St. Vincent & 5 Other California Hospitals
Billion physician Dr. Patrick Soon-Shiong announced that his company NantWorks, LLC, has acquired a majority stake in Integrity Healthcare, LLC, Verity Health System’s management company. Verity Health is a nonprofit healthcare system employing more than 6,000 staff statewide. For Nantworks, acquiring a majority stake creates a unique opportunity for collaboration to make Verity Health a leader in innovative healthcare delivery, including personalized patient-centered healthcare solutions for
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New AI Device for Diabetes Eye Screening to Complete FDA Clinical Trial
IDx, an early-stage medical device company focused on developing software-based algorithms that can identify disease in medical images is currently conducting an FDA clinical trial to obtain clearance for its first product, IDx-DR by the end of summer 2017. IDx-DR is a screening solution for diabetic retinopathy. IDx also has algorithms in development for the detection of macular degeneration, glaucoma, Alzheimer’s disease, cardiovascular disease, and stroke risk. “I’ve worked on this for so
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Nightingale Health Obtains CE Mark for Blood Analysis Platform
Finnish biomedical startup Nightingale Health has obtained CE marking for its blood biomarker analysis platform. The CE mark enables the clinical use of the analysis service and the analysed measures of creatinine and glucose in the EU region.Nightingale Health's blood biomarker analysis platform is based on NMR (Nuclear Magnetic Resonance) spectroscopy. It captures over 228 metabolic biomarkers from a single blood sample, transforming the possibility to understand molecular mechanisms and
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Roche Acquires Mobile Diabetes Management Platform mySugr
Roche has acquired mobile diabetes management platform mySugr to form a leading open platform for digital diabetes management. For Roche, the acquisition will allow the company to expand its position in the diabetes management market.As part of the acquisition, mySugr will remain as a separate legal entity with an open platform for all diabetes devices and services. Users will continue to have the ability to automatically upload blood glucose data from their preferred device into the mySugr
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Babyscripts Lands $5.7M to Expand Virtual Prenatal Care Platform for Expecting Mothers
Babyscripts, a Washington, DC-based digital health startup has raised $5.7 million in funding led by Ysios Capital. The funding round also included participation from Chemo Group, CG Health Ventures, Aurora Health Care Ventures, and P5 Health Ventures.Founded in 2013, Babyscripts is a virtual care platform for obstetrics that allows OBGYNs to deliver a new model of prenatal care. Babyscripts end-to-end solution embeds evidence-based care plans, approved by the patient’s own Provider, into
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PatientPoint Lands $140M to Expand Patient Education & Engagement Solutions
PatientPoint, a provider of patient and physician engagement solutions at the point of care has raised $140 million in funding from Searchlight Capital Partners and Silver Point Capital. The company plans to use the funding to expand the digital footprint of its point-of-care networks.PatientPoint programs provide engaging content through a host of delivery channels including digital waiting room screens in physician offices and hospitals and interactive touchscreens in the exam room. Unlike
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Mediktor Launches AI App to Identify A Patient’s Symptoms in Real-Time
Digital health startup Meditkor, which initially launched in Europe at the Health 2.0 conference in Barcelona in May, today announced the launch the U.S. availability of the first scientifically validated health checker based on artificial intelligence (AI). Mediktor is the first pre-diagnosis tool that uses AI to identify a patient's symptoms in real-time and suggests next steps based on medical needs including recommendations for a specialist or doctor.Mediktor combines artificial
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Therachat Unveils AI-Chatbot Platform to Augment Therapy Sessions
Therachat, a smart journaling tool for therapists and their clients, today launched the next generation of its HIPAA-compliant platform designed to augment therapy sessions. The smart journaling application provides therapists with a customizable platform to assign homework to clients (like journaling and emotion tracking), direct messaging and text message analysis -- powered by artificial intelligence (AI).Beset by ignorant stigmas and bracing for funding cuts, mental health care faces a
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Your.MD Lands $10M to Expand AI-Powered Health Information Service & Marketplace
Your.MD, a London-based digital health startup has raised $10 million in funding led by Orkla Ventures and with participation from Smedvig Capital AS and other existing shareholders. The round of funding will be used to support the growth of Your.MD’s health information platform and expansion of its global AI-powered marketplace, OneStopHealth.OneStop Health- a one-stop-shop in digital health to allow people to take full control of each stage of their health issues: from understanding their
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