- Medinas close $5M seed funding round led by NFX to expand pre-owned medical equipment marketplace and asset management software for hospitals. - Pre-owned medical equipment marketplace and asset management software has helped hospitals reduce waste and save over $50M in sales equivalency by making equipment remarketing fast, easy and safe.- The Medinas Price Book utilizes over 9 million data points to provide estimated equipment values for the $156 billion healthcare equipment market in the
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Onegevity Health Acquires Global Licensing Rights to Mount Sinai’s Lab100
- Onegevity Health announced it has acquired global licensing rights to Mount Sinai’s Lab100 clinic that uses precision diagnostics to empower patients and help scientists advance our understanding of human health.
- Clinic and research lab offers patients access to comprehensive health assessment, expands clinical understanding of disease prevention and provides a wealth of health outcomes data.
Today, NYC-based health tech company, Onegevity Health, announced it acquired the global
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Partners HealthCare Launches $80M Investment Funds Towards AI & Digital Translation
- Partners HealthCare launches two new investment funds aimed at addressing the lack of translational funding in pre-clinical life sciences, Artificial Intelligence (AI) and digital technology development. - The Partners HealthCare Artificial Intelligence and Digital Translation Fund (AIDIF) has an initial funding of $30M over five years and the Translational Innovation Fund (TIF) has funding of $50M over six years.Partners HealthCare today announced the creation of two new investment venture
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Cleveland Clinic, American Well Launches New Company to Offer Virtual Visits
- Cleveland Clinic and American Well form a new joint venture, The Clinic, to distribute comprehensive health services through virtual visits. - Through a secure digital platform powered by American Well, people from around the world will be able to connect with Cleveland Clinic's leading specialists and receive insights, opinions, recommendations, and assistance for a variety of conditions.Cleveland Clinic and American Well are partnering on a first-of-its-kind initiative to provide broad
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The Innovation Studio at Children’s Hospital Los Angeles Unveils 5 Winners for Digital Health Lab Demo Day
- The Innovation Studio at Children's Hospital Los Angeles (CHLA) announced the winners of its first-ever Digital Health Lab Demo Day. - Winning VR, AR, and gaming innovations will receive $20,000 each in seed grants and be piloted at Children’s Hospital Los Angeles.The Innovation Studio at Children's Hospital Los Angeles (CHLA) announced the winners of its first-ever Digital Health Lab Demo Day, the culmination of a six-month venture to develop, incubate and implement virtual reality (VR),
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Top Global Digital Health/Health IT VC Funding Categories in Q3 2019
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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Healx Nabs $56M to Expand AI-Driven Drug Discovery Platform for Rare Diseases
- UK startup Healx lands $56M, led by Atomico to build an AI-driven clinical-stage portfolio for rare diseases, including treatments for fragile X syndrome, the leading genetic cause of autism.
- Healx’s Rare Treatment Accelerator program is a new initiative launched in close partnership with patient communities to identify clinic-ready treatments for rare diseases within 24 months.
Healx, a Cambridge, England-based AI-powered and patient-inspired technology company specializing in
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Intermountain Ventures Invest in Omada Health to Expand Relationship
- Intermountain Ventures, the strategic investment arm of Intermountain Healthcare has invested in digital care leader Omada Health. - The announcement expands the relationship with Intermountain Healthcare that began five years ago in 2016 and comes off the heels of Omada’s recent $73M funding round. - The Omada Program became a covered benefit for Intermountain employees and their adult dependents in 2019.Today, Omada Health announced a milestone investment from Intermountain Ventures, the
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Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors
- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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BrainCheck Nabs $8M for Cognitive Health Tracking for Seniors and Families
- BrainCheck closes $8M in Series A funding round to empowers physicians with a better way to assess cognitive impairment & dementia. - Comprehensive cognitive health solution transforms assessment and treatment of patients with cognitive impairment, including the 10% of seniors with dementia, and enables physicians to deliver personalized treatment plans. - BrainCheck will utilize the new funds to grow its footprint among physician groups and continue to expand into enterprise healthcare
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