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

Olive Lands $51M to Power AI-Powered Digital Employee Platform

by Fred Pennic 03/31/2020 Leave a Comment

Olive, Clinc Partner to Add Coversational AI to Digital Healthcare Employee for Hospitals

What You Should Know: - Olive, a company automates healthcare’s most robotic processes raises $51M in funding led by General Catalyst. - Olive automates healthcare’s most costly, high-volume tasks using the building blocks of artificial intelligence: robotic process automation, computer vision, and machine learning.  - Working alongside healthcare employees, Olive is trained to think cognitively and make complex decisions faster, and more accurately than human employees Olive,
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AristaMD Raises $18M to Expand eConsults Platform to Improve Patient Outcomes

by Fred Pennic 03/31/2020 Leave a Comment

AristaMD Joins Epic App Orchard Marketplace to Streamline eConsult Process

What You Should Know: - AristaMD has raised $18 million in Series B led by Cigna Ventures and MemorialCare Innovation Fund (MCIF), with participation from Avalon Ventures, CU Healthcare Innovation Fund and Stanford Health Care.   - Now more than ever, eConsults are a crucial resource in providing fast, efficient, HIPAA-compliant, and fully scalable access to specialists.  - Annually there are around 20 million routine clinical
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Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

by Fred Pennic 03/27/2020 Leave a Comment

Bright.md Raises $8M to Expand AI-Powered, Asynchronous Virtual Care

What You Should Know: Bright.md announced the close of an $8 million series C to deliver critical capacity to support patient care in the midst of a COVID-19 pandemic and to help flatten the curve. The funding will be used for a massive expansion effort to bring non-video telehealth to aid frontline healthcare workers and the patients they are treating.  Over six years, Bright.md has stretched $12.5 million to advance its AI-powered automation platform for primary and urgent
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Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator

by Fred Pennic 03/13/2020 Leave a Comment

Gates Foundation, Wellcome, Mastercard Launch COVID-19 Therapeutics Accelerator

What You Need to Know: - Bill & Melinda Gates Foundation, Wellcome and Mastercard launch COVID-19 Therapeutics Accelerator to speed development and access to therapies for COVID-19, committing up to $125M in funding. - COVID-19 Therapeutics Accelerator will coordinate R&D efforts and remove barriers to drug development and scale-up to address the epidemic. The Bill & Melinda Gates Foundation, Wellcome and Mastercard announced the launch of the COVID-19 Therapeutics
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RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians

by Fred Pennic 03/12/2020 Leave a Comment

RubiconMD Lands $18M to Expand eConsult Platform for Primary Care Clinicians

What You Need to Know: - Leading eConsult platform RubiconMD raises $18M in Series C funding led by Deerfield Management Company to expand its product offerings to better serve primary care clinicians. - RubiconMD’s eConsult platform enables primary care clinicians to easily and quickly discuss their eConsults with top specialists, so they can provide better care–improving the patient experience and reducing costs. RubiconMD, an NYC-based eConsult platform providing access to
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b.well Connected Health Raises $16M for Personalized Health Platform

by Fred Pennic 03/11/2020 Leave a Comment

b.well Connected Health Raises $16M for Personalized Health Platform

What You Need to Know: - b.well raises $16 million in Series A funding led by UnityPoint Health Ventures, bringing the company's total funding to over $27 million. - b.well provides a configurable digital platform to healthcare stakeholders to solve for interoperability and consolidation of point solutions through the lens of a consumer. b.well Connected Health, a Baltimore, MD-based platform designed to provide consumers a new front end to healthcare, announced it has raised $16
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Element Science Nabs $145.6M to Commercialize Wearable Cardioverter Defibrillator

by Fred Pennic 03/05/2020 Leave a Comment

Element Science Raises $145.6 million Series C Financing to Advance Next-Generation Digital Wearable Platform

What You Need to Know: - Element Science raises $145.6M in Series C funding to led by Deerfield Healthcare and Qiming Venture Partners USA, includes Cormorant Asset Management and Invus Opportunities. - Funding will enable Element Science to complete clinical studies, begin U.S. commercialization of its digital wearable platform focused on high-risk cardiovascular patients transitioning from the hospital-to-home. Element Science, a San Francisco, CA-based innovative health
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Suki Raises $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors

by Fred Pennic 03/04/2020 Leave a Comment

Suki Raies $20M to Expand AI-powered, Voice-Enabled Digital Assistant for Doctors

What You Need to Know: - Today, Suki announced a Series B funding round of $20 million, led by new investor Flare Capital Partners and including top investors like First Round and Venrock. - In just two years, Suki has established its product as a leading solution to address the urgent crisis of physician burnout and is already trusted by independent and group practices as well as leading systems like Sutter Health and Ascension. - Suki will use the funding to expand its user base
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Backed by Andreessen Horowitz, Ribbon Health Raises $10M for Health Data Platform

by Fred Pennic 02/26/2020 Leave a Comment

Backed by Andreessen Horowitz, Ribbon Health Raises $10M for Health Data Platform

- Ribbon Health, a health care data platform raises $10.25M in Series A funding led by Andreessen Horowitz (“a16z”) and is the first investment by a16z’s newly announced Bio Fund III. - Ribbon is a health data platform that offers the most accurate, up-to-date data on providers, insurance plans, and price and quality of care. Ribbon Health, a New York City-based healthcare data platform, that today just announced a $10.25 million Series A round led by Andreessen Horowitz (“a16z”) and
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Precision Health Startup Q Bio Emerges Out of Stealth with $40M Led by Andreessen Horowitz

by Fred Pennic 02/21/2020 Leave a Comment

Q Bio Raises $40M to Provide Comprehensive Picture of Your Health in 75 Minutes or Less

- Precision health startup Q Bio emerges out of stealth mode, raising $40M in Series B funding led by Andreessen Horowitz to bring preventative health and the physical of the future to masses. - In 75 minutes or less, members are able to get a comprehensive picture of their health and receive a web-based dashboard that they can review from anywhere in the world with their chosen clinicians. Q Bio, a Redwood City, CA-based quantitative, clinically relevant assessment of personal
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