Oncora Medical, a Philadelphia-based digital health startup developing software to transform the way physicians treat cancer with radiation has raised $1.2M in seed financing from San Francisco-based iSeed Ventures, Philadelphia-based BioAdvance, and well-known medical physicist and entrepreneur, Dr. Thomas “Rock” Mackie.
Proceeds from the financing will be used to build out their engineering team in Oncora’s Philadelphia headquarters and accelerate early product installations with leading
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Scrypt Acquires HIPAA-Secure Messaging App DocbookMD
Scrypt, Inc., a leader in helping healthcare and lending customers streamline paper-intensive processes has completed the acquisition of Austin, Texas-based DocbookMD, a HIPAA secure patient care team collaboration platform. Financial terms of the acquisition were not disclosed.
DocbookMD allows providers to send HIPAA-secure messages containing patient information and images such as X-rays, EKGs or photos from anywhere. Providers can set a 5 or 30 minute priority on a message and be
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Health Catalyst Pulls In $70M to Accelerate Outcomes Improvement
Health Catalyst, a Salt Lake City-based provider of healthcare data warehousing, analytics solutions and outcomes improvement has raised $70M in Series E funding. The funding round was co-led by Norwest Venture Partners, the lead investor in three previous rounds, and UPMC, a world-renowned healthcare provider and insurer that is also a Health Catalyst customer. . Other contributors to the round were new investors Leerink Capital and existing investors Sequoia Capital, Sands
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UPMC Invests $35M into medCPU for Clinical Decision Support
UPMC and medCPU Inc. has announced a strategic partnership in which UPMC, one of the nation’s leading integrated health systems, will take a majority interest in this technology innovator, become a customer of medCPU’s real-time decision support solutions and co-develop additional products with the goal of improving patient outcomes.
As part of this transaction, UPMC has commenced a tender offer to purchase stock from existing non-employee medCPU shareholders and expects to hold
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eviCore Acquires Partners HealthCare Spinout QPID Health
eviCore healthcare, a Bluffton, SC-based company enabling better outcomes for patients, payers and providers through advanced medical benefits management, announced that it has acquired Boston-based QPID Health. The company has raised more than $16.3M to date backed by Matrix Partners, Partners Innovation Fund, Massachusetts General Physicians Organization and Cardinal Partners. QPID Health will continue to maintain its offices in Boston, MA and Carlsbad, CA and will retain its name. Financial
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ResMed Scoops Up Home Health Software Brightree for $800M
ResMed a medical device company and innovator in sleep-disordered breathing and respiratory care has acquired business management and clinical software applications for the post-acute care Brightree for $800M in cash. This acquisition adds to ResMed's global leadership in connected healthcare solutions. Under the terms of the agreement, ResMed will fund the acquisition primarily with debt. Brightree reported net sales of approximately $113 million and EBITDA of about $43 million in 2015.
On
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IBM Watson Health to Acquire Truven Health Analytics for $2.6B
IBM Watson Health today announced plans to acquire Truven Health Analytics, a provider of cloud-based healthcare data, analytics and insights for $2.6 billion. The acquisition will boost IBM Watson Health to one of the world’s largest and most diverse collections of health-related data, representing an aggregate of approximately 300 million patient lives acquired from three companies. Through the Watson Health Cloud, healthcare organizations will be able to take previously disparate data sets,
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Bloodbuy Lands $3.75M to Connect Hospitals, Blood Centers Nationwide
Bloodbuy, a health tech company that operates a cloud-based platform connecting hospitals and blood centers nationwide has raised $3.75M in strategic funding round led by Premier Supply Chain Improvement, Inc., an affiliate of Premier, Inc. and St. Joseph Health. The Dallas, TX-based company will utilize the capital to accelerate its integrated network of hospitals and blood centers. As part of the funding deal, Durral Gilbert, President of Premier Supply Chain Improvement, and Nita Stith, Vice
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Healthcare API Platform PokitDok Lands Strategic Investment from McKesson Ventures
McKesson Ventures has made an strategic investment in healthcare API platform startup PokitDok . The financial details of the strategic investment were not disclosed. PokitDok believes the relationship with McKession Ventures will help foster productive innovation in healthcare interoperability. Tom Rodgers, Senior Vice President and Managing Director at McKesson Ventures will join PokitDok as a board observer.
“McKesson is an established provider of enterprise-level healthcare data
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Kaiser Permanente Ventures Pumps $5M in In-Home Care Startup Hometeam
Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente, has invested $5 million in New York-based in-home care startup Hometeam, bringing its total funding to date to $38.5 million, Fortune first reports. Hometeam transforms the aging experience by providing families expert caregiver matching, custom iPads, and a care team to promote healthy & active days. The capital will be used to accelerate its medical and technology development as it continues to experience
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