To improve healthcare, the next evolution of member care is necessary. In a study by The Physicians Foundation, 27 percent of Americans do not have a Primary Care Physician (PCP) and of those that do, 22 percent do not visit their PCP on a regular basis. Patients fail to follow care plans and medication guidelines, or do not to take the basic steps to care for themselves. The result: members are not engaged, care that is fragmented and providers and health plans do not have a complete picture of
Read More
Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Tufts School of Medicine to Host Hackathon to Disrupt Medical Education
36-Hour collaboration between MedStart and Major League Hacking hosted at the Tufts University School of Medicine to pursue new tech projects in medical innovation and education.
The Tufts University School of Medicine will be hosting a weekend long Innovation Challenge (hackathon) testing some of the brightest minds in healthcare and across the country at MedStart, which is proud to be part of Major League Hacking (MLH) powered by Dell. The 36-hour collaboration will pair Tufts Med’s faculty
Read More
Real Estate Developer to Raise $20M to Build Digital Health Startups in San Francisco
Alexandria Real Estate Equities, the largest owner and developer of real estate for the life-sciences industry in the nation wants to raise up to $20 million to build digital health startups in San Francisco, SFGate reports. Last year, the real estate developer announced that it would start three new accelerators nationwide to focused on agriculture, biotech and digital health. The biotech space is already up and running in New York City and has attracted giant pharma companies such as
Read More
Mayo Clinic and Hillhouse Capital Group Form Joint Venture to Advance Healthcare in China
Healthcare innovation leader Mayo Clinic announced on Wednesday it has entered into a joint venture agreement with Hillhouse Capital, a long-term fundamental equities investment firm to advance the quality of health care in China. By combining Mayo Clinic’s patient care, medical research and education with Hillhouse’s China expertise and healthcare industry partnerships, the collaboration establishes a new company to improve health care delivery and efficiency in China.
“We are excited to
Read More
Top 5 Digital Health Categories Poised for Growth in 2015
Is digital health an investment bubble set to burst? Rock Health’s Malay Gandhi weighs in.
The ball may have dropped on another new year, but 2014 was known as the year venture funding picked up the ball and ran for it— when it came to digital health. According to a recent report released by Rock Health, a record total of more than $4 billion was poured into the space last year, and it’s poised to keep on growing in 2015.
“This is not a bubble,” said Malay Gandhi, managing director
Read More
Health Tech Incubator MATTER Adds 10 Startup Members
Chicago based health tech incubator MATTER has added ten more startups to its membership bringing its total to 40 companies. The recently launched incubator aims to collectively fuel the future of healthcare innovation. in Chicago through mentorship, networking opportunities, partnerships with companies and affordable workspace.
The company recently secured $4.4 million led by twenty two local companies mostly focused in the tech and healthcare sectors complementing an initial $2.5M grant
Read More
Augmedix Raises $16M to Expand Google Glass in Doctors’ Offices
Today, Augmedix announced that it has received $16 million in Series A venture funding co-led by the company's seed investors Emergence Capital and DCM Ventures. Augmedix plans to utilize the capital to expand to expand operations, fuel product development, and establish new partnership initiatives. Augmedix has raised $23 million in total venture funding to date.
Founded by Stanford grads CEO Ian Shakil and Chief Product Officer Pelu Tran in 2012, Augmedix — a service powered by Google
Read More
Health Optimization Platform Welltok Closes $37M Funding Round
Welltok, developer of the CaféWell Health Optimization Platform™, officially closed its most recent funding round of $37 million. Two new investors join the round, Hearst Health Ventures, a unit of Hearst Corporation focused on investments in health IT and technology-enabled healthcare services, and Catholic Health Initiatives (CHI), one of the nation’s largest health systems. This brings Welltok’s completed funding in 2014 to $59 million.
Hearst and CHI join the Series D round led by
Read More
Senior Care Platform Independa Enters Into Consumer Market
According to the National Alliance for Caregiving, there are 65 million caregivers in the US -- and 51% of their care recipients are aged 75+. To open up communication possibilities for cargivers, senior care platform provider Independa has announced its entrance into the consumer market by making its Independa TV available to anyone who is struggling to provide remote care for their aging loved one. This powerful and simple TV-based solution enhances the lives and independence of
Read More
Caremerge Nabs $4M to Expand Its Care Coordination Platform
Caremerge, a cloud-based communication and care coordination platform for the senior care industry, announced today a $4 million first institutional financing round led by Cambia Health Solutions, and included additional investments from Generator Ventures, GE Ventures, Arsenal Venture Partners and Ziegler-LinkAge Longevity Fund These investors are some of the first to focus on aging and long-term senior care. The funding will be utilized to expand its care coordination platform and
Read More
