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

StartUp Health Adds 6 Digital Health Startups to its Portfolio

by Fred Pennic 02/03/2015 Leave a Comment

StartUp Health Finland Reveals New Class of 16 Healthcare Transformers

StartUp Health, a global entrepreneurship development company for Healthcare Transformers, today announced the addition of 6 new digital health startups to its global portfolio, bringing the total to 90 companies. The company now boasts the largest peer network of Healthcare Transformers and portfolio of digital health companies with nearly 200 entrepreneurs from companies in 8 countries and more than 45 cities. Other key stats as of January 2015 include:  - Total Raised to Date: $190
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Advance Health Raises $40M to Expand In Home Health Assessments

by HITC Staff 01/29/2015 Leave a Comment

Advance Health

To improve healthcare, the next evolution of member care is necessary. In a study by The Physicians Foundation, 27 percent of Americans do not have a Primary Care Physician (PCP) and of those that do, 22 percent do not visit their PCP on a regular basis. Patients fail to follow care plans and medication guidelines, or do not to take the basic steps to care for themselves. The result: members are not engaged, care that is fragmented and providers and health plans do not have a complete picture of
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Tufts School of Medicine to Host Hackathon to Disrupt Medical Education

by HITC Staff 01/20/2015 Leave a Comment

Tufts School of Medicine

36-Hour collaboration between MedStart and Major League Hacking hosted at the Tufts University School of Medicine to pursue new tech projects in medical innovation and education. The Tufts University School of Medicine will be hosting a weekend long Innovation Challenge (hackathon) testing some of the brightest minds in healthcare and across the country at MedStart, which is proud to be part of Major League Hacking (MLH) powered by Dell. The 36-hour collaboration will pair Tufts Med’s faculty
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Real Estate Developer to Raise $20M to Build Digital Health Startups in San Francisco

by HITC Staff 01/19/2015 Leave a Comment

Alexandria Real Estate

  Alexandria Real Estate Equities, the largest owner and developer of real estate for the life-sciences industry in the nation wants to raise up to $20 million to build digital health startups in San Francisco, SFGate reports. Last year, the real estate developer announced that it would start three new accelerators nationwide to focused on agriculture, biotech and digital health. The biotech space is already up and running in New York City and has attracted giant pharma companies such as
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Mayo Clinic and Hillhouse Capital Group Form Joint Venture to Advance Healthcare in China

by Fred Pennic 01/16/2015 Leave a Comment

5 Reasons Why Mayo Clinic Dominates Social Media in Healthcare

Healthcare innovation leader Mayo Clinic announced on Wednesday it has entered into a joint venture agreement with Hillhouse Capital, a long-term fundamental equities investment firm to advance the quality of health care in China. By combining Mayo Clinic’s patient care, medical research and education with Hillhouse’s China expertise and healthcare industry partnerships, the collaboration establishes a new company to improve health care delivery and efficiency in China. “We are excited to
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Top 5 Digital Health Categories Poised for Growth in 2015

by Erica Garvin 01/13/2015 Leave a Comment

Top 5 Digital Health Categories Poised for Growth in 2015

Is digital health an investment bubble set to burst? Rock Health’s Malay Gandhi weighs in. The ball may have dropped on another new year, but 2014 was known as the year venture funding picked up the ball and ran for it— when it came to digital health. According to a recent report released by Rock Health, a record total of more than $4 billion was poured into the space last year, and it’s poised to keep on growing in 2015. “This is not a bubble,” said Malay Gandhi, managing director
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Health Tech Incubator MATTER Adds 10 Startup Members

by Fred Pennic 01/13/2015 Leave a Comment

Chicago based health tech incubator MATTER has added ten more startups to its membership bringing its total to 40 companies. The recently launched incubator aims to collectively fuel the future of healthcare innovation. in Chicago through mentorship, networking opportunities, partnerships with companies and affordable workspace.  The company recently secured $4.4 million led by twenty two local companies mostly focused in the tech and healthcare sectors complementing an initial $2.5M grant
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Augmedix Raises $16M to Expand Google Glass in Doctors’ Offices

by Fred Pennic 01/12/2015 1 Comment

Google Glass Starup Augmedix

Today, Augmedix announced that it has received $16 million in Series A venture funding co-led by the company's seed investors Emergence Capital and DCM Ventures. Augmedix plans to utilize the capital to expand to expand operations, fuel product development, and establish new partnership initiatives. Augmedix has raised $23 million in total venture funding to date.  Founded by Stanford grads CEO Ian Shakil and Chief Product Officer Pelu Tran in 2012, Augmedix — a service powered by Google
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Health Optimization Platform Welltok Closes $37M Funding Round

by Fred Pennic 01/08/2015 Leave a Comment

Health Optimization Platform Welltok

Welltok, developer of the CaféWell Health Optimization Platform™, officially closed its most recent funding round of $37 million. Two new investors join the round, Hearst Health Ventures, a unit of Hearst Corporation focused on investments in health IT and technology-enabled healthcare services, and Catholic Health Initiatives (CHI), one of the nation’s largest health systems. This brings Welltok’s completed funding in 2014 to $59 million.  Hearst and CHI join the Series D round led by
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Senior Care Platform Independa Enters Into Consumer Market

by Fred Pennic 01/06/2015 Leave a Comment

  According to the National Alliance for Caregiving, there are 65 million caregivers in the US -- and 51% of their care recipients are aged 75+. To open up communication possibilities for cargivers, senior care platform provider Independa has announced its entrance into the consumer market by making its Independa TV available to anyone who is struggling to provide remote care for their aging loved one. This powerful and simple TV-based solution enhances the lives and independence of
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