Health tech incubator MATTER has secured $4.4 million to build the next generation of health IT, medical device, diagnostics and biopharma companies in Chicago. The funding was led by twenty two local companies mostly focused in the tech and healthcare sectors complementing the initial $2.5M grant and $1.5M loan provided by the State of Illinois. This brings MATTER's total funding to more than $8M to build a viable health tech hub in Chicago.
Incubator
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
RxMatch Launches Platform To Automate Medical Care Follow Up
RxMatch, a digital health startup today announced the launch of a web- and mobile-based portal that automates and centralizes follow-up medical care and treatment compliance. It empowers healthcare professionals to deploy their best practices across institutions with ease and in a patient friendly interface. It also provides real-time data that gives healthcare practitioners up-to-date information, increases patient satisfaction, and decreases healthcare fees and readmissions. Doctors, nurses
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Health Wildcatters Pitch Day 2014 Showcases New Class of Startups
Health Wildcatters, the Southwest’s first healthcare seed-accelerator presented eleven innovative companies at their annual "Pitch Day" yesterday at the Majestic Theatre in Dallas. Each startup participated in the 12 week accelerator program receiving $30k in exchange for 8% common founding stock. During the program, the startups will be paired with appropriate mentors and partners to:
- Validate their business model
- Product development
- Business development
The program
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Specialty EMR Provider, Modernizing Medicine Raises $15M
Cloud based, specialty-specific EMR provider, Modernizing Medicine has announced that it has closed $15M of an expected $20M in venture capital funding led by Summit Partners and Pentland Group. Many of the company's investors are medical specialists who use EMA bringing its total funding to $44M. The EMR provider currently serving eight different medical specialties, more than 4,000 providers have adopted Modernizing Medicine’s EMA in their practices.
Developed by surgical physicians, EMA
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3 Finalists Announced in Chicago Open Innovation Challenge
The American Heart Association today announced the top three finalists for the inaugural Chicago Open Innovation Challenge focused on discussing innovative ways to accelerate science and to better understand how to treat heart disease and stroke. Finalists were chosen after raising more than $33k in crowdfunding on MedStartr from patients, doctors, nurses, hospital leaders, professors, and concerned citizens. The three finalists will present their projects in person and compete for grants
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Intermountain & Healthbox to Launch New Healthcare Innovation Model
Intermountain Healthcare and Healthbox have announced the launch of their unique healthcare innovation and venture model that harnesses internal creativity and external disruption. While the physical structure for this endeavor is being developed in Salt Lake City adjacent to the system’s flagship medical center, the Innovation at Intermountain initiative is already stimulating collaboration between inventors, entrepreneurs and healthcare industry experts alike to improve quality and service
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MD Insider Closes Largest AngelList Investment Round Ever
MD Insider, a big data healthcare innovator that significantly reduces healthcare costs for employers, today announced that it closed a $1.5 million investment - the largest online investment round ever raised on AngelList, the leading technology startup equity investing platform. The syndicate was led by renowned investor, Tim Ferriss, best-selling author and early investor/advisor to companies including Facebook, Twitter, Evernote, and Uber. MD Insider is now the #1 most active company and the
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GE Healthcare Launches Health Innovation Village for Startups
Today GE Healthcare announced the official opening of Health Innovation Village, its first health tech startup campus located in Finland. Located at GE’s campus in Helsinki, the village was conceived by Didier Deltort and Mikko Kauppinen – country manager and finance manager at GE in Finland. Their goal is to turn the village into a leading centre of healthcare innovation.
The Health Innovation Village is already home to 20 health tech startups covering technology innovations that feed into
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5 HIPAA Hurdles for Health App Developers
What will it take for health app developers to achieve HIPAA compliance and protect your personal health data? Medable's CEO Dr. Michelle Longmire explains.
What happens when personal data pervades healthcare to the point that it requires HIPAA-compliant protections? That was the question asked ‘round the healthcare world when Apple released its HealthKit platform in September. While Apple is striving to connect its consumer products within the clinical world, app developers are both
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3 Finalists Named in Boston Children’s “Innovation Tank”
Boston Children’s Hospital today announced the three finalists selected to compete for $30k and investment advice from industry leaders in the hospital’s first “Innovation Tank” to be held Friday, Oct. 31, 2014, at Boston Children’s Global Pediatric Summit + Awards, Taking on Tomorrow (#PedInno14), at the Seaport World Trade Center.
"Innovation Tank" Details
Sponsored by Phillips Healthcare, startups will pitch their business or product solution designed to improve pediatric care to a panel of
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