Verato, Inc., a leading provider of cloud-based identity matching and Master Patient Index (MPI) solutions has raised $12.5 million in Series B funding led jointly by Bessemer Venture Partners and Columbia Capital. The McLean, VA-based company plans to utilize the funding to to support continued growth and to accelerate technology development. In addition to the funding announcement, Verato has signed on five new healthcare organizations as customers which includes a national payer organization,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Comprehend Systems Lands $15M to Expand Clinical Trials Data Platform
Comprehend Systems, Inc., a provider of Clinical Intelligence solutions has raised $15 million in Series C funding led by Eminence Capital, with participation by existing investors Sequoia Capital and Lightspeed Venture Partners.The company plans to utilize the funding to aggressively expand sales and engineering to meet a growing demand for Comprehend's cloud-based software that enables Clinical Research teams to deliver an order of magnitude improvement in the speed and quality of trial
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GoodRx and Iodine Merge Quietly to Bring Transparency to Drug Pricing
GoodRx, a Santa Monica, CA-based startup that compares retail prices of prescription drugs from different pharmacies in the United States has quietly merged with San Francisco-based startup Iodine, FastCompany first reports. The merger was not announced publicly, but Iodine CEO Thomas Goetz confirmed the deal took place at the end of 2016. Financial terms of the merger were not disclosed.Founded in 2013, Iodine mines clinical data to help consumers make better decisions about their medications.
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eClinicalWorks Integrates Qardio’s Smart Blood Pressure Monitor With EHR Platform
Ambulatory EHR provider eClinicalWorks has announced integration with Qardio's medically accurate health monitoring devices to deliver patient health monitoring to support over 125k physicians in the USA and abroad. The integration partnership benefits both doctors using eClinicalWorks system and their patients. Doctors get deeper insights into their patients health while patients save time and cost by reducing routine or unnecessary doctor’s visits.Integration DetailsThrough this integration
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Common Sensing, Welkin Health Partner to Develop Innovative Insulin Adherence Program
Insulin adherence remains a significant challenge with approximately 62 percent of patients discontinuing insulin in the first three months and 82 percent in the first year. To resolve this challenge, Common Sensing and Welkin Health have partnered to develop an innovative new program aimed at improving insulin adherence for people living with diabetes. A first-of-its-kind initiative, the program will combine insulin dosing data, wirelessly transmitted from Common Sensing’s Gocap™, real-time
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McKesson to Acquire Prior Authorization Network CoverMyMeds for $1.1B: 5 Things to Know
On late Wednesday, McKesson has agreed to acquired Columbus, OH-based CoverMyMeds, the nation’s largest prior authorization (PA) network for $1.1 billion. Founded in 2008, CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is manual and time consuming. By ensuring appropriate access to medications, CoverMyMeds helps customers avoid administrative waste and unnecessary medical spending caused by prescription
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KenSci Nabs $8.5M to Develop Machine Learning Apps for Healthcare
KenSci, a Seattle-based digital health startup building the world’s first vertically integrated machine learning platform for healthcare has raised $8.5 million in Series A funding led by Ignition Partners with participation from Osage University Partners and Mindset Ventures. The company plans to utilize the funding to scale its machine learning platform for predictive risk management and expand operations to support the company’s rapidly growing customer base.Incubated at the University of
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Cedars-Sinai + Techstars Healthcare Accelerator Unveils Second Class of 8 Digital Health Startups
Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, today announced that 8 companies have been selected to participate in its second class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.The three-month accelerator will offer mentorship and guidance from clinicians & administrators at Cedars-Sinai,
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Pfizer Pumps $9M Into Swedish Digital Health Firm AMRA to Abolish Outdated BMI with Precision Measurements
Pharmacy giant Pfizer has invested $9 million in AMRA, a Swedish digital health firm that transforms MR images into precise body composition measurements through its venture capital arm, Pfizer Venture Investments (PVI) co-led by Novo Seeds with participation from Industrifonden. The company plans to utilize the funding to further build its global presence and grow its network among researchers and pharmaceutical companies.Additionally, it has plans to establish a US subsidiary and expand its
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New York Digital Health Accelerator Showcases 6 Digital Health Startups at Demo Day
On Tuesday, the New York Digital Health Accelerator (NYDHA) – a five month program showcased six early and growth-stage digital health startups for healthcare providers and patients in the areas of care coordination, patient engagement, and workflow improvement. Each startup received $100k in up-front funding per company from a syndicate of leading venture capital and strategic investors.The Demo Day event marks the culmination of the five month program run by the Partnership Fund for New York
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