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

Digital Health Funding Expected to Top $6.5 Billion by 2017

by Fred Pennic 09/23/2014 Leave a Comment

Digital Health Funding Accenture Report

Digital health funding is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture. The forecast is based on market analysis, project experience, third-party analysis and data from 2,000 digital health start-ups receiving funding between 2008 and 2013.According to Accenture, an estimated $2.8 billion was used to fund digital health start-ups last year, growing at an annual rate
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Health Data Aggregator Validic Adds New Integration & Research Partners

by Fred Pennic 09/22/2014 Leave a Comment

Validic Digital Health Strategy

Validic, the healthcare technology interoperability platform for aggregating digital health data, announced today the addition of several new clients and partners, as they continue to expand and grow their global digital health ecosystem. With the addition of several new clients, which include Alere, The Vitality Group, Everyday Health, Datu Health, and ShapeUp, Validic’s client population size increases from 72 million to 80 million lives. Validic continues in discussions with major health
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DoctorBase CEO Talks Health Tech Entrepreneur Hardships

by Erica Garvin 09/09/2014 Leave a Comment

DoctorBase’s CEO John Kim

 DoctorBase’s CEO John Kim shares lessons learned and explains why it takes more than experience for health tech entrepreneurs to find success in the health tech industry.
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Wellframe Raises $8.5M in Series A Funding Led by DFJ

by Fred Pennic 09/08/2014 Leave a Comment

wellframe

Wellframe, a Boston-based company that combines mobile technology and artificial intelligence to amplify caring clinical relationships by engaging patients in personalized care plans, announced today that the organization has closed on $8.5 million in financing, led by DFJ, with participation from Formation 8, Waterline Ventures and Queensbridge Venture Partners. 
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Revenue & Sustainability: Metrics for Health Tech Startup Success

by Fred Pennic 09/05/2014 Leave a Comment

Metrics for Health Tech Startup Success

Anne DeGheest, co-founder of HealthTech Capital explains the two most important metrics for health tech startup success. 2014 has been a great year so far for health tech startups with record breaking funding flowing into the sector. According to Rock Health, 143 digital health companies raised $2.3 billion in funding in the first half of 2014. Another notable aspect is that average deal size has risen significantly from $10 million last year to $15.6 million now.
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Launchpad Digital Health Funds Its First 5 Companies

by Jasmine Pennic 09/03/2014 Leave a Comment

Launchpad Digital Health

Launchpad Digital Health, a focused next generation accelerator announced that it has funded its first five companies. Each company accepted into the accelerator program receives: 
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Seed Accelerator Health Wildcatters Unveils Second Class of Startups

by Fred Pennic 08/26/2014 Leave a Comment

Health Wildcatters First Class Raises $5M in Funding 6 Months After Pitch Day

Health Wildcatters, the Southwest’s first healthcare seed-accelerator announced the twelve innovative companies chosen for the second class of the Dallas-based accelerator program today.  Each startup will participate in the 12 week accelerator program receiving $30k in exchange for 8% equity stake. During the program, the startups will be paired with appropriate mentors and partners to:
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AirStrip Raises $25M for Mobile Enabled Healthcare Expansion

by Jasmine Pennic 08/26/2014 Leave a Comment

Airstrip

AirStrip, provider of mobile healthcare applications that drive clinical transformation, has raised $25 million in a strategic funding round led by the Gary and Mary West Health Investment Fund, Sequoia Capital and Wellcome Trust that includes some of the most influential leaders in healthcare.
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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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