Stasis Labs, a Los Angeles, CA-based provider of cloud-powered vital monitoring system has raised $5M in seed financing led by RTP-HC, the healthcare-focused investment arm of RTP Ventures, with participation from Wonder Ventures, Techstars Ventures, and others. Founded in 2015, Dinesh Seemakurty got the idea for the startup after his grandfather was admitted to the hospital in India. His grandfather later prematurely passed away when doctors missed a deterioration in his vital signs due to a
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Cambia Health, Mosiac Health Partner to Launch Echo Health Ventures
Cambia Health Solutions and Mosiac Health Solutions have teamed up to launch Echo Health Ventures, a partnership that combines the proven digital health investment expertise of both organizations to scale funding in existing innovative solutions. Together, Echo Ventures will work to build successful new digital health companies to deliver value that is responsive to systems, providers and consumers. The healthcare system is facing a crisis – nearly 20% of Americans lack access to basic care and
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CareCloud Lands $31.5M for Cloud-based Practice Management EHR Platform
Cloud-based practice management EHR provider CareCloud has raised $31.5 million in Series C funding led by Blue Cloud Ventures with participation from The PNC Financial Services Group and First Data Corporation. The company plans to utilize the latest round of funding to scale its team and its clinical and revenue cycle management platform to help physician practices modernize the patient experience and deliver value-based care. CareCloud supports medical practices through a flexible and
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Kindly Care Launches Care Exchange to Find Right Home Care Agency
Kindly Care, a San Francisco, CA-based marketplace for senior care is announcing today the launch of Care Exchange, enabling home care agencies to collaborate with each other when recruiting, vetting, and training caregivers.Historically, home care agencies competed with each other for their caregivers, but the ever increasing shortage in caregivers is necessitating a more collaborative approach. With Care Exchange, agencies are able to refer caregivers into a shared pool database for all
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NexHealth Raises $1.5M for App-Based Patient Appointment Scheduling
NexHealth, a New York based developer of an app-based patient communication and appointment booking platform, has raised $1.5 million in seed funding led by iSeed Ventures. The digital health startup plans to utilize the funding to invest in growing its network of doctors and patients as well as product offerings. Founded in 2015 by Alamin Uddin, NexHeatlh's secure patient booking platform integrates with a physician practices' existing calendar to provide its patients access their office
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Zipline Lands $25M to Expand Automated Medical Drone Delivery
Zipline, a San Francisco-based drone delivery startup has raised $25 million in Series B funding led by Visionnaire Ventures, with participation from Sequoia Capital and Andreessen Horowitz. The latest round will allow it to expand its operations to new countries/territories across the world and brings Zipline’s total funding to $43 million. According to Zipline, more than two billion people lack adequate access to essential medical products, often due to challenging terrain and gaps in
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Revenue Cycle Management Vendor Recondo Lands $16M to Fuel Solutions Growth
Recondo Technology, a Greenwood Village, CO-based provider of cloud-based revenue cycle management solutions has raised $16 million in debt and capital funding led by Lehmi Ventures with Bridge Capital serving as the debt partner. The company plans to utilize the funding to support product development investments, particularly in areas of API-enabled revenue cycle content, expanded claims statusing, and authorization automation—all solutions designed to measurably improve financial
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Zipongo Nabs $18M to Expand Digital Nutrition App
Zipongo, a San Francisco, CA-based personalized digital nutrition platform has raised $18 million in Series B funding led Mayfield with participation from Excel Venture Management. The company plans to utilize the funding to expand its operations further enabling Nutriomics and behavior science to empower health providers and disease management systems to measurably leverage food as medicine.. Founded by Jason Langheier, MD, MPH in 2010, Zipongo provides a software-as-a-service platform that
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Janssen Taps StartUp Health for Three Year Health Innovation Program
Janssen Research & Development, LLC is teaming up with StartUp Health on a three-year collaboration program to connect its senior leaders more directly to digital health entrepreneurs, innovators and disruptors. As part of the three year deal, StartUp Health will provide Janssen’s leaders with ongoing insights on emerging technologies, business models and overarching trends in digital health. Additionally, it will create multiple pathways to help them more effectively collaborate with
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Peerwell Lands $2.1M for Surgery Prep App to Help Patients Recover Faster
PeerWell, a San Francisco, CA-based digital health startup provider of a mobile platform that helps patients prepare both physically and mentally for surgery to recover faster has raised $2.1 million in seed funding led by XSeed Capital. The company plans to utilize the funding to expand its PreHab platform by launching smartphone based tracking for key orthopedic outcomes including range-of-motion, sit/stand testing and six-minute walk tests. Additionally, it plans to accelerate the development
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