Lewis & Clark Ventures, a Midwest-based venture capital firm, announced a $25 million multi-year commitment from Express Scripts to help source and support early stage healthcare innovation. The capital will supplement the company’s ongoing efforts to innovate smarter pharmacy solutions that deliver better outcomes for patients.
Lewis & Clark Ventures plans to fund between $3 to $7 million into companies that demonstrate disruptive innovation and are generating revenue. Lewis &
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
MD Revolution Pulls In $23M to Expand Chronic Care Management
End-to-end chronic care management (CCM) and patient engagement MD Revolution has raised $23 million in funding, co-led by Chicago-based Jump Capital and a leading global healthcare technology company. This brings their total funding to date to over $30 million.
MD Revolution’s first CCM customers enrolled in February 2015 when the first payments were made for the new Medicare Part B CCM code. MD Revolution now serves over 100 practices and plans to add hundreds of additional practices
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GreatCall Acquires Connected Home Health Platform Lively
San Diego, CA-based connected health provider for active aging GreatCall Inc. has acquired the technology assets of connected home health platform Lively Inc. The asset acquisition will strengthen GreatCall's connected health portfolio and expand its marketshare in the active aging space. Financial terms of the asset acquisition were not disclosed.
Founded in 2012, Lively Inc's connected health home health platform uses passive activity sensors that are applied to everyday objects in an
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Welltok Acquires Silverlink, Raises $45M to Enhance Consumer Health
Health optimization provider Welltok, Inc. has acquired Silverlink, a leading healthcare consumer communications company to enhance multi-channel, targeted patient engagement. The acquisition was supported in part by $45 million in funding from venture firms Georgian Partners, EDBI and Flare Capital, as well as existing institutional and strategic investors.
By integrating Welltok’s CaféWell Health Optimization Platform™with Silverlink’s proactive engagement technology platform and services,
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Health Crowd Pulls in $2.1M for Secure Messaging to Health Plan Members
HealthCrowd, a unified, end-to-end engagement platform for healthcare has closed $2.1M in additional seed funding led by Startup Capital Ventures, Herlitz Capital, Healthy Ventures, Band of Angels, Berkeley Angel Network, and 37 Angels. The capital will be utilized to accelerate operations to support its increasing demand for enterprise healthcare communications platform for payers.
Founded in 2011, HealthCrowd's unified communications for payers uses text messaging, interactive voice
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VC Firm Andreessen Horowitz Launches $200M Bio Software Fund
Menlo Park, CA based venture capital firm Andreessen Horowitz is launching a new $200 million fund focused on funding companies software companies in the bio space led by Vijay Pande, the firm's first professor in residence from Stanford University, where he was a professor of chemistry, computer science, and structural biology.
The new software-focused bio fund will focus on investments in three emerging areas:
1. Digital health & therapeutics - digital therapeutics for chronic
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Mental Health App Joyable Raises $8M to Treat Anxiety, Depression
San-Francisco-based Joyable, an evidence-based, affordable mental health service provider has raised $8 million in Series A funding led by returning investors Thrive Capital and Harrison Metal. The funding will be used to develop the company's first-ever native mobile app to offer Cognitive Behavioral Therapy (CBT) and expand its service to more of the 15 million Americans currently suffering from clinical social anxiety. The company previously raised $2M seed round.
Launched in March 2015,
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McKesson Ventures Invests in Home Care Platform ClearCare
Today, McKesson Ventures announced an undisclosed strategic investment in cloud-based home care platform ClearCare. The latest round of strategic funding follows an $11 million funding round in 2014, led by Bessemer Venture Partners (BVP), with participation from Cambia Health Solutions and existing investors Voyager Capital, Qualcomm Ventures and Harbor Pacific Capital. Prior to this strategic investment by McKesson Ventures, ClearCare raised $15.5 million.
As 90 percent of people over
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AIA, Konica Minolta Launch Digital Health Accelerator in Singapore
AIA Group Limited and Konica Minolta, Inc. are teaming up to launch the 'AIA - Konica Minolta Digital Health Accelerator' in Singapore. The 12 week program supports entrepreneurs and businesses to deliver innovative solutions through integrating data to healthcare delivery.
The Singaporean Government's spend on Healthcare in Singapore is expected to double to SG$8 billion by the end of 2015, from SG$4 billion in 2011. 'Digital Health' solutions present one of the most promising growth
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4 Reasons Why Fossil Acquired Misfit for $260M
On Thursday, watch maker giant Fossil Group, Inc. entered into a definitive agreement to acquire wearable technology company Misfit, Inc.for $260 million. The purchase price, which includes transaction costs, will be funded through a combination of cash on hand and bank debt.
Fossil Group expects the acquisition to close before the end of fiscal 2015, subject to customary closing conditions and regulatory approval. Misfit founder and CEO Sonny Vu will now serve as president and chief
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