Tute Genomics, a cloud-based platform that can rapidly analyze and annotate personal genomes has raised over $3.9 million in Series A funding from a strategic group of investors, including internationally recognized Intermountain Healthcare, an integrated network of 22 hospitals and 185 physician clinics. Other major investors include Healthbox, a platform for innovation and entrepreneurship in healthcare, and China-based Tencent, one of the largest Internet companies in the world.
Tute
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Mostashari’s Startup Aledade Raises $30M to Fuel Value-Based Care
Dr. Farzad Mostashari's digital health startup Aledade announced it has raised a $30 million Series B funding round to fuel the company’s work to partner with independent primary care physicians and create accountable care organizations (ACOs). The funding round was led by ARCH Venture Partners, and includes an additional investment from Series A investor Venrock.
The additional funding will help establish:
- new Accountable Care Organizations (ACOs) and expand existing ones and expand
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Seed Accelerator Health Wildcatters Startups Raise $10M
Health Wildcatters, a Dallas-based mentorship-driven healthcare seed accelerator, announced cumulative fundraising results from its two startup classes today, reporting that the 22 companies collectively raised more than $10 million in the two years since the program began.
The announcement comes just ahead of the June 15 deadline for startups to apply to the 2015 accelerator program and become a part of Health Wildcatters’ third startup class. Last month Health Wildcatters announced results
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AbilTo Raises $12M for Evidence-based Behavior Change Programs
AbilTo, Inc., a provider of evidence-based behavioral change programs proven to improve medical health and lower cost for high-cost medical populations has closed a $12 million Series C round of financing. The round was led by HLM Venture Partners (HLM) and Yumin Choi, Partner along with previous investors BlueCross BlueShield Venture Partners, .406 Ventures and Sandbox Industries. The New-York based digital health startup will utilize the capital to fuel the deployment of engagement, care
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Medsphere Closes $7.5M Venture Loan to Expand Open EHR
Medsphere, a provider of affordable and interoperable EHR solutions, has closed a $7.5 million venture loan from Horizon Technology Finance Corporation, a specialty finance company that provides capital in the form of secured loans to venture capital backed companies. The venture debt will use the funds for working capital purposes to grow their customer base and expand product offerings. Unlike traditional bank lending, venture debt is defined as a form of debt financing for venture
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Former Facebook CFO Launches Digital Health Company Lyra Health
Former Facebook and Genentech CFO David Ebersman along with experienced group of tech leaders, clinicians, data scientists, and health care policy experts has announced the launch of a new new behavioral digital health startup called Lyra Health. Backed by venture capital firm Venrock, Lyra Health will have a singular focus on transforming behavioral health, enabling more patients to get the care they need, when they need it.
Approximately 50 million Americans suffer from behavioral health
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McKesson Sells Off Care Management Business to Investors
McKesson Corporation has completed the sale of its Care Management business to private investment firm Comvest Partners along with co-investor Mosiac Health Solutions. The Care Management business will be rebranded as AxisPoint Health to provide complex and chronic case management services, nurse advisory services, and a care management software platform used by payers to manage utilization, disease, and case management services in-house. AxisPoint Health currently
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Careport Health Raises $3.8M to Optimize Post-Acute Care
Careport Health, a technology company that helps health systems better manage their post-acute care networks has raised $3.8M in funding to accelerate growth. The round was led by Baseline Ventures, with participation from CommonAngels Ventures, Excelerate Health Ventures, Generator Ventures, Launch Capital, 500 Startups and Andy Palmer.
Eliminating the Information Gap
After witnessing the challenges of finding post-hospital care, Dr. Lissy Hu, a Harvard Medical School and Harvard Business
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New CMS Policy To Provide Entrepreneurs Access Medicare Data
Today at sixth annual Health Datapalooza, the acting Centers for Medicare & Medicaid Services (CMS) Administrator, Andy Slavitt, announced a new policy that for the first time will allow innovators and entrepreneurs to access CMS data, such as Medicare claims. As part of the Administration’s commitment to use of data and information to drive transformation of the healthcare delivery system, CMS will allow innovators and entrepreneurs to conduct approved research that will ultimately improve
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20 UK Digital Health Startups to Watch
It began as the epicenter of innovation in health technology, but now the United States and its model of incubation and open investment is catalyzing the emergence of tech hubs globally, some of the largest are now in the European Union.
The United Kingdom is just starting to capture its share of the limelight on digital health tech and is now the fourth most entrepreneurial country in the world according to the 2015 Global Entrepreneurship Index.
The U.K., in particular England, has
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