The state of Illinois has announced it will provide $4 million to help launch a new biotech hub for startups in downtown Chicago, Chicago Sun-Times reports. The new incubator, called MATTER will be located next to 1871 on the 12th floor of the Merchandise Mart thanks to a $2.5 million investment, and a $1.5 million loan from the state.
Merchandise Mart is already home to 1871, a co-working center for startups that has produced more than 200 jobs and created more than 1,000 jobs since its
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Caremerge Partners with Lively To Combine Sensors with Clinical & Social Activity for Improved Senior Care
Caremerge LLC, a communication and care coordination platform for senior care providers, announced a new partnership with Lively, which offers activity-sharing products that help older adults live independently longer. The partnership will combine activity derived from Lively sensors with the clinical and social activity data captured within Caremerge's platform to correlate any physical health decline or frailty risks for caregiver intervention, improving care delivery and lowering hospital
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Funding for Midwest Healthcare Startups Totals $758M in 2013
Funding for Midwest healthcare startups totaled $758 million across 217 companies in 2013, according to BioEnterprise.
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Could Validic be Essential to the mHealth Apps and Devices Market? Mark Cuban thinks so
Kaiser Permanente Joins DreamIt Health for Third Class of Health IT Startups
Health IT accelerator, DreamIt Health has added Kaiser Permanente to its prestigious list of partners for the launch of their Baltimore class of health IT startups.
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Healthcare IT VC Funding Tops $2.2 Billion in 2013
Healthcare IT VC funding reached record levels in 2013 totaling $2.2 billion in 571 deals compared to $1.2 billion in 163 deals in 2012
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Medlio Unveils Virtual Health Insurance Card App To Enhance Patient Experience
Digital health startup, Medlio, today announced the launch of its secure virtual health insurance card app that connects patients directly with their doctors and insurance companies
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angelMD Leverages Crowdfunding To Transform Medical Startup Funding
angelMD, a private equity firm has launched a unique private equity firm leveraging a crowdfunding platform to effectively match physician investors with leading medical startups from all over the world.
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Digital Health Funding Surpassed $1.9B in 2013, Rock Health Reports
Digital health funding surpassed $1.9B in 2013, growing 39% over the previous year, according to Rock Health's third annual, Digital Health Funding 2013 Year in Review.
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NYC Starts $100M Biotech Fund To Invest in Life Sciences Companies
New York is still standing in the shadows of Boston and San Francisco's thriving life sciences eocosystem.
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