Inovalon Inc., a provider of cloud-based analytics and data driven platforms technology for healthcare filed for an initial public offering on 12/30/14, according to SEC filing. The Bowie, Md.-based company is seeking $500M in its initial public offeringand has applied for listing on NASDAQ under the ticker "INOV" making it the first digital health IPO of 2015. The big data firm outlines in the SEC filing that it will use the proceeds from the IPO for "acquisitions of complementary businesses,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Wellbe Nabs $2.42M to Expand Guided Episode Management
Wellbe, provider of the cloud-based Guided CarePath® that empower patients to learn and take the actions required to achieve better outcomes at lower costs has closed on a new $2.42M investment round. The round included investments from Terrence Gibbons, former CEO of Pharmacy OneSource; Greg Baldwin, former CEO of Baxa; Mark Bakken, former CEO of Nordic Consulting; and Philip Seeger, CEO and President of Medcor, among others. The company will use the funding for product improvements and
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Rock Health: Digital Health Funding Tops $4.1B in 2014
Digital health funding surpassed $4.1B in 2014 according to the recent Digital Health Funding: Year in Review 2014 Report by Rock Health.
Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare has released their Digital Health Funding: Year in Review 2014 Report, an in-depth analysis report of all digital health funding in 2014. The report found digital health funding in 2014 surpassed $4.1B, nearly the total of all three prior years combined, and
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Specialty EMR Provider Modernizing Medicine Acquires Aesyntix Health, Inc.
Cloud based, specialty-specific EMR provider, Modernizing Medicine has announced that it has completed an acquisition of Aesyntix Health, Inc. on Dec. 22, 2014. Financial details of the acquisition have not been disclosed. The privately held based in Roseville, California provides dermatology and cosmetic surgery practices with three specialty specific offerings:
- Aesyntix Billing Solutions for revenue cycle management
- Aesyntix Inventory Management (AIM)
- Aesyntix Physician Network
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First Opinion Raises $6M To Expand Its Text-A-Doctor App
First Opinion, an iOS mobile app that provides users remote personal health consultations with physicians, today announced a $6 million series A funding round led by Polaris Partners and existing Investors True Ventures, Felicis Ventures, Scrum Ventures and Monashees Capital.
Studies from the American Medical Association show that roughly 1 billion doctor visits occur each year in the United States, and of those, 70 percent are unnecessary and could be avoided by consulting with a physician
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Can A Mobile Health App Reduce Eye Age by 8.6 Years?
Can a mobile health app improve your eye vision? Various studies in neuroscience and advances in mobile technology healthcare seem to show that it is possible. GlassesOff is a new mobile health app that is clinically proven to reduce “eye age” by an average of 8.6 years. It is designed to reduce and eventually eliminate your dependence on reading glasses. What is the app all about and how does it work? Is it really as helpful as it claims to be? Is there scientific data to support the claims?
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American Well Raises $81M To Expand Telehealth Visits
Tehealth leader, American Well has raised $81 million in Series C funding to expand telehealth videos with patients, according to a SEC filing. American Well immediately connects U.S. board-certified physicians with patients for live, on-demand video visits 24-7, and handles all related administrative, security and record keeping functions. See below for the full release details.
“Telehealth is about to completely change how people get healthcare,” said Doug Wenners, Senior Vice President for
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Texas Medical Center and Village Capital Launch Program for Digital Health Startups
Texas Medical Center (TMC) and Village Capital, a managed investment fund and nonprofit focused on supporting impact-driven entrepreneurs, have joined forces to launch the VilCap USA: Health IT 2014 program, which will support early-stage businesses that are seeking digital health and business solutions to make healthcare more affordable and of a higher quality for all Americans.
Program & Model Overview
The program is structured in four intensive four-day sessions over three months, with
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Aetna Foundation Launches $4.5M Healthier World Innovation Challenge
The Aetna Foundation today announced the Healthier World Innovation Challenge, a $4.5 million initiative designed to steer digital health innovation to improve chronic health outcomes in underserved communities.
Overview
The Challenge is part of a larger, three-year digital health commitment by the Aetna Foundation to help address public health concerns. With the addition of the Challenge, the Aetna Foundation’s commitment to digital health will now total $5.7 million between 2014 and 2016.
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Digital Health Enabler SocialWellth Acquires Happtique
Las Vegas-based digital health enabler SocialWellth today announced the acquisition of Happtique, creators of the first mobile health app certification program for an undisclosed sum. The acquisition will help expand Social Wellth's mWellth portfolio of prescriptive digital health solutions encompassing the total continuum of care.
Happtique was founded and wholly owned by GNYHA Ventures, the business arm of the Greater New York Hospital Association. The company suspended its mobile
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