Digital health funding in the first half of 2016 reached a record breaking $3.9B compared to the previous record of $3.5B in 2014, according to StartUp Health Insights 2016 Midyear Report. Early stage deals accounted for more than 65 percent deal volume. The report revealed that patient/consumer experience as the most dominant market in the first half of the year raising $958M over 51 deals. Additionally, the San Francisco Bay Area, New York City Metro San Diego and Boston continues the trend
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Teladoc Acquires Telehealth Startup HealthiestYou for $125M
Teladoc has signed an agreement to acquire HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization for $125 in a mix of cash and stock. Under terms of the acquisition, HealthiestYou purchase price consists of $45 million cash and 6.96 shares of Teladoc common stock worth $80 million. Teladoc expects the acquisition of HealthiestYou to close on July 1.Available to individuals and employers, HealthiestYou can be incorporated into any employee benefit
Read More
Behavioral Telehealth Startup AbilTo Taps Rob Rebak as New CEO
AbilTo, a provider of behavioral telehealth programs proven to improve patient outcomes and lower healthcare costs has appointed Rob Rebak as its new Chief Executive Officer. In his new role as CEO, Mr. Rebak will be responsible for shaping the vision and strategy of AbilTo going forward, as well as for building upon the company's history of clinical innovation and strong performance.Rob Rebak Background/ExperienceA 25-year healthcare industry veteran, Rebak brings a broad range of strategic and
Read More
HealthPrize Nabs Series B for Medication Adherence Gamification
HealthPrize, a digital health startup focused on patient engagement and medication adherence solutions has announced the closing of its Series B round of financing to support the company’s internal growth and international expansion. Participating investors in the financing round includes Mansa Capital, an investor group which includes seasoned healthcare investors Robert Dahl and Trygve Mikkelsen, as well as former pharmaceutical executives Anthony Wild and Richard DeSchutter. Dahl and
Read More
Iggbo Nabs $13M to Scale On-Demand Blood Draw Service
Iggbo, a digital health startup focused on bringing personalized medicine to more people through on-demand blood draws and medical testing has raised $13M in Series A funding led by Heritage Group. Founded by Dr. Shaiv Kapadia, Nuno Valentine, and Mark Van Roekel, Iggbo is currently operating in over 120 cities with a workforce of over 8,000 blood draw professionals. The company plans to utilize the funding to offer on-demand blood collection services to diagnostic laboratories, health systems,
Read More
StartUp Health, Aurora Health Calls for Startups to Create a Personalized Population Health Platform
StartUp Health, global entrepreneurship development company investing in the world’s largest community of healthcare transformers, and Aurora Health Care, a leading not-for-profit health care system has announced an innovation for digital health startups to integrate into a personalized population health platform. The population health platform is intended to provide targeted care to Aurora’s patient population and the surrounding community, and could be applied to patients using the Medicaid
Read More
Reflexion Health Lands $18M for FDA-Cleared Tele-Rehab Platform
Reflexion Health, a digital health startup dedicated to transforming traditional medicine and delivering meaningful, patient-centered care has raised $18 million in Series B funding. The company plans to utilize the funds to complete clinico-economic evaluation of its first FDA cleared product VERA™. Why Tele-Rehabilitation?Tele-rehab drives patient engagement, enhances continuity of care, and delivers a concierge rehab experience in the comfort of the patient's home. Vera System
Read More
Philips Acquires Northern Irish Digital Pathology Startup PathXL
Today, Philips announced it has acquired PathXL, Northern Ireland-based leader in digital pathology image analysis, workflow software and educational tools to complement its IntelliSite Pathology Solution. With this move, Philips seeks to accelerate its drive to support medical institutions around the world as they move from microscopy-driven workflows to digitized pathology workflows. Financial details of the acquisition were not disclosed. Founded in 2004 and headquartered in Belfast, Northern
Read More
Home Care Startup Honor Inks Deal with National Parkinson Foundation
Honor, a home care focused digital health startup has landed a partnership with the National Parkinson Foundation (NPF) to license it’s proprietary care guidance. This partnership gives Honor a unique advantage to train its Care Professionals using NPF care expertise—and to provide superior personalized non-medical care to clients with Parkinson’s.Additionally, Honor Care Pros will be equipped with the Honor Care Pro App , containing the Foundation’s content and detailed recommendations for how
Read More
Solera Health Nabs $4M to Scale Its Diabetes Prevention Platform
Solera Health, a technology-enabled personalized preventive health network has raised $4 million in Series A1 funding with participation in the round includes BlueCross BlueShield Venture Partners (BCBSVP), Sandbox Industries and SJF Ventures. In November 2015, Solera closed a $3 million Series A round, bringing its total capital raised to $7 million.The company will utilize the funding to scale its operations to meet the growing demand by health plans for the National Diabetes Prevention
Read More
