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

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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Blueprint Health Reveals 7 New Startups for its Sixth Class

by Fred Pennic 07/17/2014 Leave a Comment

Blueprint Health Showcases Its Fifth Class at Demo Day in NYC

Blueprint Health, a NYC based mentor-focused health technology accelerator, today anounced its sixth class of seven startups. Blueprint is a member of TechStars’ Global Accelerator Network. Below are brief descriptions of each of the 11 companies that just joined the accelerator. Each startup will receive $20k in funding, mentorship from some of the leading players in the provider, payor, and pharma space, office, and more in exchange for 6 percent equity. The program started this week on July
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DreamIt Health Philadelphia Announces Third Cycle of Health Tech Startups

by Fred Pennic 07/17/2014 Leave a Comment

DreamIt_Health-logo_web

Independence Blue Cross (Independence), Penn Medicine, and DreamIt Ventures today announce the third cycle of nine health-tech startups selected to participate in DreamIt Health Philadelphia 2014. The selected startup teams will participate in a 16-week boot camp from July 21 through November 7 to rapidly achieve key business milestones in building high-growth potential companies. Each team will receive: - $50,000 in seed capital - coaching/mentorship from successful tech entrepreneurs -
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Health IT VC Funding Soars to $1.8B in Q2 2014

by Jasmine Pennic 07/16/2014 Leave a Comment

Health IT VC Funding Q2 2014

Health IT VC funding soared to $1.8 billion in 161 deals in Q2 2014, more than double the $861 million raised in 164 deals in Q1 2014, according to a new Mercom Capital Group report. Ten of those deals were for over $50M each. The $2.6B raised so far this year has already exceeded the $2.2B raised in all of 2013. There were 263 investors that participated in these funding rounds.  Practice-centric companies received 61 percent of all VC investments in Q2 2014, with $1.1B in 61 deals.
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Validic Expands Digital Health Ecosystem by 44% with Infometers Acquisition

by Fred Pennic 07/08/2014 Leave a Comment

Keep your Eyes on Mobile Health Startup Validic 1

Validic, the healthcare industry's premier technology platform for accessing digital and mobile health data, announced today the acquisition of Infometers Inc., a Silicon Valley-based technology company that connects remote healthcare monitoring devices to the healthcare system. With this acquisition, Validic's digital health ecosystem increases 44% enabling Validic clients – including hospitals, physicians, payers, pharma and wellness companies – greater access to key patient data from
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Rock Health: Digital Health Funding Breaks $2.3B In First Half of 2014

by Jasmine Pennic 06/30/2014 Leave a Comment

Rock Health: Digital Health Funding Tops $2.3B In First Half of 2014

Digital health funding totals $2.3B in the first half of 2014 according to recent 2014 Midyear Digital Health Funding Report by Rock Health. Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare today released their 2014 Midyear Digital Health Funding Report, an in-depth analysis report of digital health funding in first half of 2014. The report found funding of digital health companies continued to grow overall, totaling $2.3B in the first half of
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CareCloud Nabs $25.5M in Venture Debt from Hercules Technology Growth Capital

by Fred Pennic 06/26/2014 Leave a Comment

CareCloud, provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that it has received a $25.5 million debt financing commitment from Hercules Technology Growth Capital, Inc., the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology
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