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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

AIA, Konica Minolta Launch Digital Health Accelerator in Singapore

by Fred Pennic 11/17/2015 Leave a Comment

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

by HITC Staff 11/13/2015 Leave a Comment

Fossil Acquires Wearable Tech Company 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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DICOM Grid Raises $3M for Cloud-Based Medical Images

by HITC Staff 11/12/2015 Leave a Comment

DICOM Grid

DICOM Grid, makers of the leading cloud-based, medical image management suite has raised $3 million in venture debt financing from City National Bank to the Series B equity financing led by Canaan Partners last year. The latest funding brings its total funding to date at $34M. The company plans to use the new funds to ramp up sales and marketing efforts and accelerate product development. To date, DICOM Grid has processed over 2 billion diagnostic images, more than 100,000 every month, and
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TeleHealth Startup HealthiestYou Raises $30M to Help Consumers Avoid Expensive Visits

by Fred Pennic 11/12/2015 Leave a Comment

TeleHealth Startup HealthiestYou Raises $30M

HealthiestYou, a Scottsdale, Arizona-based telehealth company focused on engagement and utilization has raised $30 million in growth investment from Charlotte, North Carolina-based Frontier Capital. The company will use the investment to accelerate sales and marketing efforts, technology enhancements and leadership to increase its share of the large and rapidly growing telehealth market.  HealthiestYou Telehealth App Available to individuals and employers, HealthiestYou  can be
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TigerText Pulls In $50M to Accelerate Secure Messaging Market Share

by Fred Pennic 11/12/2015 Leave a Comment

TigerText Multiple Devices Healthcare

TigerText, a provider of secure communications and workflow platform for the enterprise has raised $50 million in Series C funding to accelerate adoption of its secure messaging app, "TigerConnect." The Series C round was led by Norwest Venture Partners,  Invus Group and Accolade Partners, as well as existing investors Shasta Ventures, OrbiMed, and Reed Elsevier. Dr. Robert Mittendorff, principal at Norwest Venture Partners and board certified emergency physician will join the TigerText board of
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Startups CirrusMD, Wellpepper Named 2015 Venture+ Forum Pitch Winners

by Fred Pennic 11/11/2015 Leave a Comment

CirrusMD

Digital health startups CirrusMD Inc., and Wellpepper have been named the winners of the 2015 Venture+ Forum Pitch competition for startups during the 2015 mHealth Summit. The selected startups were among four final companies selected to deliver live pitch presentations during the 'final four' competition Tuesday evening. The finalists were selected from a field of 11 digital health startups who presented during the first round of live competition held on Sunday at the Summit. This year's
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StartUp Health Goes Global with Launch of StartUp Health Finland

by HITC Staff 11/10/2015 Leave a Comment

StartUp Health Finland Reveals New Class of 16 Healthcare Transformers

Global health innovation company StartUp Health is expanding globally with the launch of  StartUp Health Finland in partnership with Finpro’s Team Finland Health growth program.  The partnership will further both organizations’ missions, to grow and scale the next generation of businesses and strengthen Finland’s position as a digital health leader. StartUp Health Finland Overview StartUp Health Finland will focus on coaching and supporting the emerging ecosystem of Finnish entrepreneurs and
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This Biotech Startup Hopes to Cure Cancer with Artificial Intelligence

by Shannon Dauphin Lee 11/10/2015 Leave a Comment

Is Artificial Intelligence the Key to Curing Cancer

Imagine devoting fifteen years to an important pursuit and pouring unbelievable amounts of money into it, all the while facing a failure rate of 95 percent. That’s the disheartening reality for pharmaceutical companies, which throw billions of dollars every year toward drugs that likely will not work – and then go back to the drawing board and do it all over again. There has to be a better way. That’s where Berg comes in. Backed by billionaire real estate magnate Carl Berg, the promising
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Horizon Blue Cross Blue Shield to Offer Telehealth Therapy Services via AbilTo

by HITC Staff 11/09/2015 Leave a Comment

Horizon Blue Cross Blue Shield of New Jersey is collaborating with behavioral health company AbilTo, Inc. to offer telehealth therapy services by a licensed therapist and behavior coach -- via telephone or secure on-line video – at no cost to certain Horizon BCBNSNJ members. Starting this month, the remote telehealth therapy will be offered as an eight-week program in which therapist and behavior coach teams help members make sustainable lifestyle changes that improve their physical health,
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Pharma Firm Genoa Acquires Telepsychiatry Startup 1DocWay

by Fred Pennic 11/04/2015 Leave a Comment

Rock Health Expands to NYC, Announces 3 New Investments

Genoa, a behavioral health specialty pharmacy has acquired 1DocWay , the nation’s largest outpatient telepsychiatry provider that offers a simple, easy-to-use platform to connect mental health providers and patients. Through the acquisition of 1DocWay, Genoa is launching Genoa Telepsychiatry to provide yet another solution to the challenges faced by their center partners. Offering telepsychiatry as an extension of existing high-touch medication management services underscores their commitment to
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