Bivarus, a patient-centered analytics company working with healthcare organizations to measure and analyze the patient experience, announced it has raised $2 million in funding co-led by Hatteras Venture Partners and Excelerate Health Ventures. The oversubscribed round also included participation from NueCura Partners of Nashville, Tenn. and Boston Millennia Partners of Boston, Mass.
The Raleigh-Durham-based startup was born of their academic research around the patient experience, which
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Telehealth Startup CirrusMD Nabs $1M for “Closed Loop” Virtual Care
Denver, CO-based telehealth startup CirrusMD has raised $1.05 million in funding led by New York Angels, Rockies Venture Club, Sand Hill Angels and Three Leaf Ventures, BusinessDen first reports. The funding will be utilize to expand their development and sales team.
Founded in 2012, CirrusMD’s HIPAA-compliant platform allows value-based healthcare organizations to offer secure text messaging, image sharing and telehealth video visits with patients via mobile devices and web browsers. The
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Constant Therapy Raises $2M for Customized Brain Rehab Apps
Constant Therapy, a Boston-based innovator of science-based, customized brain rehabilitation apps announced it has raised $2 million in Series A funding led by Golden Seeds. The round included participation from Kapor Capital, Launchpad Venture Group, Pond Capital and Community Health Network of Connecticut. The company plans to utilize the funding to accelerate the scientific research, data, marketing and development behind its product.
Constant Therapy provides victims of brain trauma —
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Digital Health Startup Oncora Medical Raises $1.2M for Radiation Oncology Platform
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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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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