Validic, a leading digital health platform for aggregating health data, announced today that it has secured a $12.5 million Series B round led by Kaiser Permanente Ventures, the corporate venture capital arm of Kaiser Permanente. The additional capital will be used to build out their team, product offerings, client and device reach.
In the current healthcare environment, many companies are trying to solve the problem of integrating, managing and updating connections to the rapidly expanding
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Health Wildcatters 2014 Startup Class Raises $4.5 Million
Health Wildcatters, a mentorship-driven healthcare seed accelerator, announced that its second class of startups has collectively raised $4.5 million since the program ended in late November. The fundraising results from this class are similar to those from Health Wildcatters’ first class, which raised $4.6 million within six months of the program.
Health Wildcatters provides mentorship, seed funding and other business resources to the 10-15 healthcare-focused startups that
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Rock Health Expands to NYC, Announces 3 New Investments
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare is expanding to the East Coast with the opening of a brand new office in the Greenwich Village neighborhood of NYC. In conjunction with the new NYC office, Rock Health also announced it has added three new East Coast companies to its portfolio. These companies will join Rock Health's existing portfolio of East Companies: Aptible (NYC), Cardiio (Boston), Docphin (NYC), Kit Check (DC), Neumitra
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Blueprint Health Debuts 7th Class of Startups at Demo Day in NYC
Blueprint Health, a NYC based mentor-focused health technology accelerator today announced the showcase of their Winter 2015 class of startups at their seventh annual Demo Day in NYC. The Winter 2015 Accelerator class is composed of seven new companies solving a diverse set of problems in the health industry. As with our previous classes, these companies are attacking difficult problems for large health stakeholders, selling mostly B2B solutions, although in this class there are a number of B2C
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TowerView Health Wins Venture+ Forum Pitch Competition
Medication adherence startup TowerView Health was the winner of the 9th annual Venture+ Forum pitch competition for startup companies. A total of fifteen startup companies were selected to deliver live pitch presentations to a panel of investors and healthcare industry leaders, as part of HIMSS15 held last week in Chicago.
TowerView Health offers the first end-to-end solution to help chronically ill patients manage complex medication schedules. Patients using TowerView's service receive a
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11 Startups Building the Next Generation of Medical Sensors
Medical sensors are everywhere, and the market continues to boom. In 2012, the medical sensor market was already worth $8 billion, and biosensors contribute more than 60% of that total revenue, according to Markets and Markets. The trend is all over the world, with 42 percent of the market share coming from North America, 32 percent from Europe, and the rest filled out by Asia Pacific countries.
In 2015 alone, Pivotal reported that the consumer wearable sector is expected to grow by a
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Microsoft Unveils 2015 Health Innovation Awards Winners
Each year, the Microsoft Health Innovation Awards showcases how innovative companies are using their technology to revolutionize medicine by bringing therapeutic breakthroughs to the market faster, to fight serious ailments, improve healthcare and enhance quality of life.
Announced during HIMSS15 last week, here is a look at this year's winners by each submission category:
Innovation in Analytics: STE Consultants, LLC and ABPathfinder, Inc.
ABPathfinder
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Healthcare Analytics Platform Arcadia Healthcare Solutions Gets Raises $13M
EHR data aggregation/analytics and consulting firm Arcadia Healthcare Solutions announced this week, it has raised $13M in funding led by private equity firm Peloton Equity with participation by existing investors and Zaffre Investments, a subsidiary of Blue Cross Blue Shield of Massachusetts. The capital will be used to develop its data aggregation and analytics platform, accelerate sales and marketing, and make new key hires at the executive level.
Founded in 2002, the Burlington, MA-based
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Employee Stress Management App meQuilibrium Raises $9M
Studies show that up to 95% of U.S. workers experience moderate to severe stress, propelling absenteeism, productivity, injury and turnover costs. These factors cost U.S. businesses an estimated $300B annually, and healthcare expenditures are estimated to be 50% greater for high-stress workers.
Today, meQuilibrium, an online platform that beats stress, builds resilience and promotes healthy behavior, announced that it raised a $9 million Series B financing round led by Safeguard Scientifics
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IBM to Acquire Explorys & Phytel To Fuel Watson Health Unit
Today IBM announced plans to acquire Explorys, a healthcare intelligence cloud company that has built one of the largest clinical data sets in the world and Phytel, a leading provider of integrated population health management software. The acquisition of both companies strengthens IBM's leadership position in healthcare analytics and cloud computing, and will help bolster its ability to extract and share deep insights to improve wellness and benefit patients.
Explorys and Phytel will now
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