Healthcare IT funding reached $1.6B in 140 deals in the second quarter of 2016, representing a 33% increase compared to the $1.4B raised during the same period in 2015, according to a new report from Mercom Capital Group. Mercom’s comprehensive report covers healthcare IT and digital health deals of all sizes across the globe.So far in the first half of 2016, close to $3 billion has been raised in 286 deals, a 50 percent increase compared to nearly $2 billion raised during the same period in
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Docent Health Lands $15M To Help Hospitals Deliver Human-Centric Care
Docent Health, a Boston-based digital health startup helping healthcare organizations transform to embrace a truly consumer-centric approach to healthcare has raised $15M in funding. The Series A round was co-led by Bessemer Venture Partners, New Enterprise Associates (NEA) and Maverick Ventures. Founded in 2015, Docent Health combines advanced analytics with workflow automation to orchestrate carefully curated “experience journeys” that integrate digital and human interactions. Docent Health’s
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Endotronix Nabs $32M for Wireless Pulmonary Artery Sensor
Endotronix, a digital health startup developing a implantable, wireless pulmonary artery sensor for patients suffering from advanced heart failure has raised $32 million in Series C funding. Participating investors in the round include BioVentures Investors, SV Life Sciences (SVLS), Lumira Capital, Aperture Venture Partners, and OSF Ventures along with existing investors and a corporate strategic investor. The company plans to use the funding from the round to support the safety and feasibility
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Caremerge Lands $14M to Expand into Post-Acute Market
Caremerge, a cloud-based communication and care coordination platform for the senior care industry has raised $14M in institutional funding led by Insight Venture Partners, with participation from previous investors Grażyna Kulczyk, Cambia Health Solutions, Ziegler LinkAge Longevity Fund, GE Ventures, and Arsenal Venture Partners.The Chicago-based startup will utilize the capital infusion to accelerate its expansion into the post-acute market. The investment round also adds new additions to the
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Avizia Nabs $11M to Boosts Its End-to-End Telehealth Platform
Avizia, a Reston, Va.-based end-to-end telehealth provider has raised $11 million in Series A funding led by Blue Heron Capital and joined by Lavrock Ventures, NextGen Venture Partners, Middleland Capital, Waterline Capital, and Blu Ventures. This funding round will enable the company to further expand its telehealth video collaboration offerings for hospitals and physicians, taking the patient experience into the future. Despite the growth of telehealth solutions, many systems are isolated from
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From Startups to Success: What Does It Take to Innovate in Digital Health?
Blueprint Health’s Jean-Luc Neptune shares his insights on what makes a good digital health startup and what it takes to make it in the competitive space.Innovation is inspiring. It’s what drives the evolution of technology. Take digital health, for example: billions of investment dollars have poured into the space in support of technologies slated to transform healthcare delivery. But fresh ink on a blueprint and enthusiasm only gets you so far, and surprisingly, investment dollars may not take
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Digital Health Funding Tops $3.9B in First Half of 2016
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
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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
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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
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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
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