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

Grand Rounds Nabs $55M for Connecting Patients to Expert Physicians

by Jasmine Pennic 08/20/2015 Leave a Comment

Grand Rounds, a care coordination startup that provides employees and their families expedited access to top physicians so they can achieve better health outcomes, has raised $55 million in Series C funding. The latest round includes global mutual fund investor, Greylock, Venrock, Harrison Metal and David Ebersman. The funding will be used to add additional staff, care team and accelerate its care coordination platform to improve hospitals’ contact with patients between visits. Evidence-based
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Zephyr Health Raises $17.5 M for Next Generation Solutions for Life Sciences

by HITC Staff 08/19/2015 Leave a Comment

Zephyr Health Raises $17.5 M for Next Generation Solutions for Life Sciences

Zephyr Health, an enterprise solutions provider harnessing the power of Healthcare Data to address critical business and patient needs has raised $17.5 million in Series C funding. The funding round was led by Google Venture including existing investors Kleiner Perkins Caufield & Byers and Icon Ventures. To date, the company has raised a total of $33.5 million in funding.  Founded in 2011 by William King, Zephyr Health is the leading insights-as-a-service company harnessing the power of
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How BoardVitals is Building the Wikipedia for Medical Specialty Education

by Komal Garewal 08/17/2015 Leave a Comment

Medical recertification is expensive, considered to be arduous by physicians, and has yet to establish a recognizedcausal impact on patient outcomes. The backlash against themaintenance of certification (MOC) exams has largely been driven by physicians, thus creating a discourse that highlights their challenges, but missing is the perspective of patients, the end consumer in the healthcare chain. As an increasing number of hospitals and insurance companies require recertification
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HealthBox Unveils Its Chicago Class of Digital Health Startups

by Jasmine Pennic 07/31/2015 Leave a Comment

Healthbox

Healthbox, a healthcare technology focused business accelerator has announced the brand new class of innovative health tech startups for its upcoming Chicago Studio. This will be Healthbox's fourth program in Chicago and fourteenth overall, where they have worked with 105 healthcare startups and invested in 85 to date. Since its inception in Chicago in 2012, Healthbox has contributed to a boom in the healthcare entrepreneurial movement in Illinois.  These startups were selected from over 120
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Livongo Health Uses Big Data to Advance Diabetes Care

by HITC Staff 07/30/2015 Leave a Comment

livongo-health

Liaison Technologies, an industry-recognized leader in cloud-based integration and data management offerings, today announced that its ALLOY Health™ platform has been chosen by Livongo Health™ to speed adoption of Livongo’s chronic condition health management program. Liaison’s ALLOY Health platform will help integrate and normalize the exchange of patient information between Livongo and client health systems, making implementation easier and faster. Livongo Health is a consumer digital
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Kareo Raises $55M to Expand Small Physician Practice EHR

by Jasmine Pennic 07/30/2015 Leave a Comment

Kareo EHR

  Kareo, a cloud-based EHR provider for independent medical practices has closed $55.4 million in additional funding led by Montreux Equity Partners with participation from Silver Lake Partners and all of Kareo’s existing investors. This capital will finance the continued development of Kareo’s product line—which enables physicians to manage all major aspects of their practice—as well as expand the company’s market share. Montreux joins Kareo’s top-tier institutional investors, which
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Bright.md Raises $3.5M to Support Expansion of Virtual Healthcare

by HITC Staff 07/21/2015 Leave a Comment

Bright.md

Portland, Oregon-based Bright.md, a developer of a virtual care solution to improve efficiencies and reduce costs in the delivery of care for non-acute conditions has closed a $3.5 million Series A funding round.  Co-founded in 2014 by Ray Costantini and Mark Swinth, Bright.md connects you to your provider from your home or on the go, using your home computer or mobile device. In under an hour, and for less than the cost of a co-payment, you can get treatment from the provider you know and
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1DocWay Raises $1.7M to Expand Telepsychiatry Network

by HITC Staff 07/21/2015 Leave a Comment

1DocWay, Inc., a NYC-based leading telepsychiatry network operator announced that its psychiatry delivery network has treated over 20,000 patients in 11 states during the first half of 2015. To accelerate its growth, 1DocWay has raised $1.7M in its seed round, led by iSeedVC, with participation from Rock Health, Asset Management, Great Oaks Venture Capital, Waterline Ventures and others. 1DocWay has experienced rapid growth in recent months as awareness and demand for psychiatric services have
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Limelight Health Raises $3M for Mobile Health Insurance Quote Platform

by HITC Staff 07/20/2015 Leave a Comment

Limelight Health

Limelight Health, provider of mobile enterprise technology for the health insurance industry, announced today it has raised $3 million in Series A funding from MassMutual Ventures, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company (MassMutual), and AXA Strategic Ventures.  Also investing in the round is the series seed lead investor LaunchPad Digital Health. The company will use the capital to help accelerate its sales and engineering teams to deliver innovative
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Axial Healthcare Raises $8M for its Pain Management Solution

by HITC Staff 07/20/2015 Leave a Comment

Axial Healthcare

Axial Healthcare, Inc., a cloud-based clinical decision support platform for managing the cost and quality of patient care, announced today that it has closed an $8 million Series A round of funding. The round was led by .406 Ventures and Liam Donohue, .406 Venture’s Co-Founder and Managing Partner, has joined Axial’s Board of Directors. Previous investors, including BlueCross BlueShield Venture Partners and Sandbox Industries, also participated in the funding.The new funding will enable the
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