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

Caption Health Nabs $53M to Commercialize FDA-Cleared AI-Guided Ultrasound Technology

by Fred Pennic 07/15/2020 Leave a Comment

GE HealthCare to Acquire Caption Health

What You Should Know: - Caption Health raises $53 million series B round to fuel commercialization and expansion of its FDA-approved AI ultrasound technology. This is on the heels of its receiving FDA clearance, designated as a breakthrough technology to fight against COVID-19. - As ultrasounds, especially cardiac ultrasounds, have become increasingly important during a time of COVID when resources are stretched, using AI to help more healthcare professionals take high-quality images is
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GYANT Raises $13.6M for AI-Enabled Digital Front Door Solution to Drive Patient-Doctor Engagement

by Fred Pennic 07/15/2020 Leave a Comment

Cleveland Clinic, GYANT Partner to Drive Post-Discharge Engagement

What You Should Know: - GYANT raises $13.6M in Series A funding for AI-enabled digital front door solutions to drive meaningful patient-doctor engagement. - The investment will enable GYANT to scale up its product development to meet rapidly increasing market demand and support its exponential customer growth. - Current customers include Intermountain Healthcare, OSF Healthcare, Adventist Health, Health First, Integris, etc. GYANT, a San Francisco, CA-based care navigation
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Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

by Jasmine Pennic 07/15/2020 Leave a Comment

Medly Pharmacy Lands $100M to Expand Digital On-Demand Pharmacy Platform

What You Should Know: - Medly Pharmacy raises $100M investment co-led by Volition Capital and Greycroft to propel Medly's leadership in the $500B+ digital on-demand pharmacy market. - Medly will use the funding to expand its digital on-demand pharmacy platform, enter new markets, and provide category-leading services to patients and partners across the country that is well-positioned to meet new customer needs.  Medly Pharmacy (Medly), an industry-leading full-service digital
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Noteworth Lands $5M to Expand All-in-One Care Delivery Platform

by Jasmine Pennic 07/15/2020 Leave a Comment

Noteworth Lands $5M to Expand All-in-One Care Delivery Platform

What You Should Know: - Noteworth, a first-of-its-kind Digital Healthcare platform for modernizing Digital Medicine delivery operations, secured a $5 million oversubscribed seed funding round led by Laconia Capital Group   - With this investment, the company will continue to build upon the delivery of Noteworth’s first-of-its-kind Digital Healthcare platform.  Noteworth, a Hoboken, NJ-based all-in-one-care delivery platform for modernizing digital medicine delivery
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Paige Lands Additional $20M for AI-Native Digital Pathology Ecosystem

by Fred Pennic 07/13/2020 Leave a Comment

Paige Raises $45M to Expand AI-Native Digital Pathology Ecosystem

What You Should Know: - Paige secures an additional $15M from Goldman Sachs totaling $20M to close out a total Series B funding round of $70M for its AI-native digital pathology ecosystem. - The company’s continued product portfolio of innovation in telepathology and digital diagnostics accelerated by further investment. Paige, an NYC-based leader in computational pathology transforming the diagnosis and treatment of cancer, today announced it received an additional $15M from
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K4Connect Nabs $7.7M for Enterprise Platform for Smart Senior Living Communities

by Jasmine Pennic 07/09/2020 Leave a Comment

K4Connect Nabs $7.7M for Enterprise Platform for Smart Senior Living Communities

What You Should Know: - K4Connect, a technology company that integrates the best in technology for older adults and those living with disabilities, announced a financing raise of $7.7 million led by Forte Ventures. This financing officially closes K4Connect’s Series B round at $21 million, bringing the company’s total outside venture funding to-date to $31 million. - K4Connect is the leading provider of enterprise connected-life technologies for senior living communities that serves
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Synapse Medicine Raises $8M to Expand Medication Intelligence Platform to Ensure Prescription Safety

by Fred Pennic 07/07/2020 Leave a Comment

Synapse Medicine Raises $8M to Expand Medication Intelligence Platform to Ensure Prescription Safety

What You Should Know: - French digital health startup Synapse Medicine raises $8M in funding led by insurance provider for healthcare professionals MACSF. - The Synapse Medicine medication intelligence platform supports companies and healthcare institutions in their decision-making processes to ensure the safety of prescriptions. - Synapse Medicine currently works together with telemedicine companies, public and private insurance providers, hospitals and care facilities, as well as
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Sun Genomics Nabs $8.65M to Scale Personalized Probiotic Solutions

by Jasmine Pennic 07/02/2020 Leave a Comment

Sun Genomics Nabs $8.65M to Scale Personalized Probiotic Solutions

What You Should Know: - Sun Genomics raises $8.65M in Series A funding to scale direct to consumer personalized probiotic solutions based on whole-genome sequencing diagnostics. - Flagship product Floré, a microbiome test, and gut probiotics solution utilizes whole-genome sequencing to evaluate different digestive system data points and ensure that customers receive a completely personalized product that is based on their unique gut profiles. Sun Genomics, a San Diego, CA-based
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Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

by Fred Pennic 07/02/2020 Leave a Comment

Evidation Health Lands $45M to Expand into Virtual Health Market, Appoints Chief Commercial Officer

What You Should Know: - Evidation Health raises $45M in Series D funding to expand its privacy-first, direct-to-person research platform to the virtual health market. - Evidation Health will use this new investment to enable Achievers to gain clinically actionable insights into their health. The first of these new virtual health offerings is slated for release later this year. - To help guide the company as it ushers in this new era, Evidation has also hired Sam Marwaha as Chief
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SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

by Fred Pennic 07/01/2020 Leave a Comment

SwitchPoint Ventures Spins Out AI-Driven Health IT Startup Polaris Health

What You Should Know: - SwitchPoint (made up of veteran healthcare leaders with experience at Intermedix/R1 RCM and others) launches a new technology venture, Polaris Health that leverages AI to predict patient demand and create efficient clinician schedules that align with this demand. - Polaris Health’s solution utilizes proprietary machine learning algorithms to predict provider demand, distribute clinician resources to meet that
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