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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Vital Raises $15M to Expand AI-Powered Emergency Department Platform

by Fred Pennic 09/29/2021 Leave a Comment

Vital Raises $15M to Expand AI-Powered Emergency Department Platform

What You Should Know: - Vital, an Atlanta-based artificial intelligence (AI)-powered solution improving patient experience and follow-up visit loyalty in hospital emergency departments (ED) and into inpatient stays, has secured $15M in Series A funding led by Transformation Capital, with a strategic health system joining the round alongside existing investors First Round Capital and Threshold Ventures. Vital’s new ERAdvisor application gives patients and their caregivers in the ED real-time,
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TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

by Jasmine Pennic 09/29/2021 Leave a Comment

TailorMed Raises Additional $5M to Close $25M Round for Patient Financial Navigation Platform

What You Should Know: – TailorMed Medical Ltd., a New York City-based patient financial navigation technology company, today announced it has raised an additional $5M of funding, increasing the overall investment to $25 million. The new strategic investors, American Cancer Society’s impact investment fund, BrightEdge, OSF Healthcare’s corporate investment arm, OSF Ventures, and Citi via their Citi Impact Fund, seek to reduce medical costs through TailorMed’s platform across all treatments and
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NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

by Fred Pennic 09/28/2021 Leave a Comment

NovaSignal Secures $37M for Capture Blood Flow Data in Real-Time

What You Should Know: -  NovaSignal Corp., a Los Angeles-based medical technology and data company specializing in the assessment and management of brain health, announced today it has closed $37M in a Series C1 round of funding led by Alpha Edison and Reimagined Ventures. - By applying robotics and artificial intelligence to cerebral ultrasound, NovaSignal uniquely captures blood flow data in real time. The NovaSignal Platform empowers the clinical team with critical, real-time
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Membersy Raises $66M for Dental Subscription Management/Billing Platform

by Jasmine Pennic 09/28/2021 Leave a Comment

Membersy Raises $66M for Dental Subscription Management/Billing Platform

What You Should Know: - membersy, the digital health company democratizing access to quality dental care through subscription-based dentistry, today announced it has raised $66 million from Spectrum Equity. The growth-investment coincides with several board member additions that will help guide the company as it reorients the dental industry's existing payment methodologies, empowering DSOs to engage and support their communities with subscription-based payment options and competitive pricing
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Inaugural AWS Healthcare Accelerator Finalists Announced

by Fred Pennic 09/27/2021 Leave a Comment

AWS Healthcare Accelerator Launches Digital Health Startups

What You Should Know: - Amazon Web Services (AWS), today announced the ten finalists and participants for the first ever AWS Healthcare Accelerator.  The ten companies were selected from 427 applications from 31 countries around the world by a panel from Amazon Web Services (AWS) and KidsX.  The AWS Healthcare Accelerator is a four-week technical, business, and mentorship accelerator opportunity open to U.S.-based healthcare startups or international healthcare startups that have
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Pearl Health Raises $18M to Support Independent Primary Care Physicians

by Fred Pennic 09/22/2021 Leave a Comment

Pearl Health Raises $18M to Support Independent Primary Care Physicians

What You Should Know: - Pearl Health, a New York City-based primary care physicians (PCP) group today announced it has raised $18M in Series A funding led by a16z, with AlleyCorp and Kevin Ryan participating.  - Co-founded by Dr. Jeffrey De Flavio (founder of Groups: Recover Together), Michael Kopko (Oscar Health, Bridgewater Associates) and Ankit Patel (CMS Innovation Center, Clover Health), Pearl offers PCPs a fixed per-member-per-month payment for each Traditional Medicare member
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NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

by Jasmine Pennic 09/22/2021 Leave a Comment

NOCD Raises $33M for OCD Treatment Platform & Address Global OCD Crisis

What You Should Know:  -NOCD, a Chicago-based provider of obsessive compulsive-disorder (OCD) treatment raises $33M in Series B funding led by F-Prime Capital, with Eight Roads Ventures, and Kaiser Permanente Ventures participating along with existing investors including 7wireVentures, Health Enterprise Partners (HEP), and Chicago Ventures. - The funds will be used to expand NOCD’s community, reach people earlier in their treatment journey, and offer additional services to assist with
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Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform

by Fred Pennic 09/21/2021 Leave a Comment

Pager Secures $70M to Expand Virtual Care Navigation & Journey Platform

What You Should Know: - Pager, a New York City-based virtual care navigation and collaboration platform, today announced it has raised $70 million as part of an equity and debt financing round led by Susquehanna Private Equity Investments and included new and existing financial and strategic investors, including an affiliate of Horizon Healthcare Services, Inc., New Jersey’s largest health insurer. The new capital brings the total to more than $120 million after a year of explosive growth
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Xealth Secures $24M to Scale Digital Prescription Platform

by Fred Pennic 09/21/2021 Leave a Comment

Xealth Secures $24M to Scale Digital Prescription Platform

What You Should Know: - Xealth, a Seattle-based provider enabling digital health at scale, today announced that the company has secured $24 million in Series B funding led by Advocate Aurora Enterprises, a subsidiary of Advocate Aurora Health. Seven additional health systems – Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care – join existing health system investors Atrium Health, Cleveland Clinic, Froedtert & MCW Health
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eVisit Nabs $45 Million to Scale Virtual Care Platform

by Jasmine Pennic 09/21/2021 Leave a Comment

eVisit Nabs $45 Million to Scale Virtual Care Platform

What You Should Know: - eVisit, a Phoenix-based virtual care platform for large healthcare providers, today announced that it has closed a $45M in Series B financing round led by the Growth Equity business within Goldman Sachs Asset Management (Goldman Sachs), with participation from Texas Health Resources, Tom Burton and Steve Barlow (Co-founders of Health Catalyst), and existing insiders. - eVisit will invest the capital to drive growth by building out its Virtual Care platform and
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