“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups.
A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Teladoc IPO Raises $157M, Shares Priced at $19
Today, Dallas-based telehealth provider, Teladoc initial public offering (IPO) debut under the symbol “TDOC" on the New York Stock Exchange at $19 per share, raising $157 million. The underwriters for the offering also have a 30-day option to purchase up to an additional 1,237,500 shares of Teladoc common stock.
Founded in 2002, the company emerged as an early leader in the growing telehealth space as self-insured employers and insurance companies look for ways to cut healthcare costs by
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Allscripts Makes $200M Equity Investment in NantHealth, IPO Imminent
Ambulatory EHR leader Allscripts has purchased a 10% equity stake in NantHealth for $200 million and NantCapital, LLC, the personal investment vehicle of Dr. Patrick Soon-Shiong, founder of NantHealth, has made a $100 million investment into Allscripts. The financial investments strengthen the partnership between the two companies to develop an integrated, evidence-based, personalized approach to healthcare solutions that includes actionable clinical data, enabling physicians to make informed
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HomeHero Raises $23M to Expand In-Home Senior Care
40% of U.S. adults today are responsible for taking care of an elderly or sick relative, according to a 2014 study by the Pew Research Center and the California HealthCare Foundation. Despite this growing number, most caregivers do not want their aging relatives living with them. Instead, family members are seeking affordable caregivers to provide in-home care for seniors.
To solve this gap in senior home care, HomeHero, a trusted marketplace advancing the in-home senior care industry has
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Cureatr Raises $13M to Expand Mobile Care Coordination
Cureatr, a mobile care coordination solution for health care, today announced it has raised $13 million in Series B funding led by Deerfield Investments, a healthcare technology private-equity firm in New York. Deerfield is joined by Cerner Capital, Inc., Windham Ventures, a strategic health IT investor, and previous investors Cardinal Partners, Milestone Venture Partners, Partnership Fund for New York City, and JMI Services, LLC. The company will utilize the capital to launch new regions for
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Arcadia Healthcare Solutions Acquires Sage Technologies
EHR data aggregation/analytics and consulting firm Arcadia Healthcare Solutions today announced the acquisition of managed services and ACO implementation provider Sage Technologies. The acquisition will help strengthen Arcadia’s position as a market leader in full-service managed care – the end-to-end blended technology and services capability to help healthcare leaders efficiently manage their business in a value-based setting. Financial terms of the acquisition is being led by Peloton
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Aurora Health Care Invests in StartUp Health for Streamlined Access to Innovations
Not-for-profit health care system Aurora Health Care has announced a strategic investment in StartUp Health, a global entrepreneurship development company for Healthcare Transformers to help accelerate the review and adoption of innovations aimed at transforming the delivery of care.
The strategic investment will provide Aurora early access to proposed innovations and will be able to work side-by-side with entrepreneurs to implement solutions in Aurora’s provider and patient communities. The
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Heal Nabs $5M for On-Demand Doctor House Calls
On-demand doctor house call service provider Heal has raised $5 million in seed funding led by Slow Ventures, March Capital, Pritzker Capital. The round also included numerous renowned angels, including: Dr. Paul Jacobs, Qualcomm Executive Chairman; James Lassiter, founder of Overbrook Entertainment; Stephen Rader, founder of Clarity Partners; Jamie McCourt; Lionel Richie; and Mike Wortsman, former President of Univision. The funding round brings the company’s total funding to $8.7
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Sense.ly Raises $2.2M to Expand Virtual Nurse Engagement Platform
Sense.ly, a virtual nurse platform for patient engagement and chronic disease monitoring has raised $2.2 million in a Series A round of funding, with investors including Launchpad Digital Health, Fenox Venture Capital, and TA Ventures. The company will utilize the capital raised to launch new markets, expand its support of its global customer base, and drive enhancements to its award-winning product, particularly in artificial intelligence and machine learning.
How It Works
Patients sign up
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Doximity, Society of Hospital Medicine Partner to Better Connect Hospitalists
Doximity, an online medical network with over half of all US doctors as members, and the Society of Hospital Medicine (SHM), the medical society representing the fastest growing specialty in healthcare, announced today a partnership to better serve the population of US hospitalists. By combining their clinical and digital strengths, SHM and Doximity will provide hospitalists better tools to collaborate and care for their patients.
Hospitalists are in the unique position of coordinating
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