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

Telehealth Companies Have Raised $433M Across 79 Deals Since 2007

by Fred Pennic 08/20/2014 Leave a Comment

Telehealth Companies Have Raised $433M Across 79 Deals Since 2007

Telehealth companies have raised $433M across 79 deals since since the start of 2007, according to CB Insights Data. The venture capital database and angel investment database company stated in a recent blog post that 2014 YTD funding has already reached record breaking levels with the highest amount of telehealth funding on record, up 130 percent from 2013.  The chart shown below illustrates the funding trend to telehealth companies since 2007. For more information on telehealth funding deals,
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Rock Health Adds 8 Startups To Its Portfolio, Partners With Abott, Blue Shield of California, Deloitte

by Fred Pennic 08/18/2014 Leave a Comment

Rock Health Partners with AngelList To Help Fund Its V5 Graduate Class

  Rock Health, a San Francisco-based full service seed fund for digital health startups today announced its latest addition of eight startups to its portfolio. The newest class is focused on using technology to address several pain points in healthcare ranging from a  platform to allow doctors to manage neurological disorders to a collaboration platform for life science R&D.
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Validic Raises $5M to Accelerate Health Data Interoperability

by Fred Pennic 08/13/2014 Leave a Comment

Validic Digital Health Strategy

With the emergence of patient devices, wearables and healthcare apps, insightful healthcare data is now overflowing in abundance. However, the ability to extract and deliver that data more readily to healthcare organizations is still a real challenge— until now. Validic, a pioneer in accessing digital and mobile health data announced it has closed $5 million in Series A funding co-led by Greycroft Partners and SJF Ventures. The funding will be used to accelerate its leading healthcare technology
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Acupera Raises Additional $4M to Scale Its Population Health Platform

by Jasmine Pennic 08/12/2014 Leave a Comment

Acupera

Acupera, a provider of population health and workflow technology for health systems has secured an additional $4 million in financing from Lightspeed Venture Partners  joined by The Whittemore Collection, Ltd, which supported the Series A funding. Acupera will use this latest funding round to scale its product development team and add to its customer implementation group.
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Smart Toothbrush Startup Beam Technologies Raises $5M in Series A Funding

by Fred Pennic 08/08/2014 Leave a Comment

Rock Health Alum Beam Technologies Nabs $5M in Series A Funding

Beam Technologies -- a Louisville, KY based data-driven oral digital health startup and creator of the first connected smart toothbrush -- announced today that it has received $5 million in Series A financing from Drive Capital. The funding will be used to accelerate product development and expand the team including moving its headquarters to Columbus, Ohio. The company plans to still maintain their current office in Louisville, KY. 
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Practice Fusion Acquires Ringadoc to Expand Into Telemedicine Market

by Fred Pennic 08/06/2014 Leave a Comment

Practice Fusion_Ringadoc’s After-Hour Answering Service Solution

Cloud based EHR provider, Practice Fusion has announced the acquisition of Ringadoc, an innovator of next-generation patient-doctor communication tools. This acquisition gives Practice Fusion a springboard for entry into the telemedicine market, an industry expected to swell to $4.5 billion in 2018. Ringadoc will advance the development of Practice Fusion’s telemedicine platform, which could mean that patients and doctors alike can avoid millions of unnecessary in-person visits each year as well
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SaaS EHR for Behavioral Health Qualifacts Raises Funding to Accelerate Expansion

by Fred Pennic 07/29/2014 Leave a Comment

SaaS EHR for Behavioral Health Qualifacts

SaaS EHR for behavioral health Qualifacts raises funding to strengthen market leadership with majority investment from Great Hill Partners.  Qualifacts Systems, Inc., the largest Software-as-a-Service electronic health record (EHR) provider for the behavioral health and human services industries, today announced that it has secured a majority investment from Great Hill Partners, a Boston-based private equity firm with more than $3 billion under management. The recapitalization, which was led
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angelMD Opens Physician Enrollment to Connect with Medical Startups

by Fred Pennic 07/28/2014 Leave a Comment

angelMD

  Today angelMD, an investment marketplace connecting physicians with innovative medical startups seeking capital investments, advisors, and users has announced open enrollment for physicians. Physicians wanting to become members of angelMD will now be able to bypass the waitlist that has been in place since launch. 
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Population Health Management Company Lumeris Closes $71M in Funding

by Fred Pennic 07/24/2014 Leave a Comment

Lumeris_Population Health Management

Lumeris, a provider of population health management solutions, today announced that it has secured approximately $71 million in financing. The private-funding round includes capital from new and existing investors. Allen & Company LLC served as financial advisors.
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Meet the New York Digital Health Accelerator 2014 Class of 7 Startups

by Fred Pennic 07/22/2014 Leave a Comment

New York Digital Health Accelerator Announces Inaugural Class

The New York Digital Health Accelerator (NYDHA) has announced their 2014 class of seven early and growth stage digital health companies selected through a competitive process of over one hundred applicants by the executives and 23 healthcare systems.  During the four-month program, participating start-ups will: - receive direct mentorship by twenty-three leading healthcare organizations, including insurance companies, medical centers and hospital groups - fine-tune and develop their
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