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