- New Rock Health report finds digital health funding reaches $1.3B in Q3 2019 for a total of $5.5B year to date. - Large digital health funding round are driving the overall funding trend in digital health with the average deal size at $20.9M, in line with 2018’s $21.7M average deal size. - Rock Health projects the number of digital health deals in 2019 will be 5-10% lower than in 2018.Digital health funding reached a total of $1.3B in Q3 2019 for a total of $5.5B year to date, leveling off
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Behavioral Health Startup NOCD Raises $4M to Expand OCD Therapy Tools
- Digital behavioral health startup NOCD raises $4M to expand the NOCD’s Provider Network for people suffering from OCD nationwide.
- OCD is a psychiatric disorder that affects 2-3% of the population. It involves repetitive, unwanted thoughts and compulsive behaviors intended to reduce the anxiety caused by those thoughts.
- Members of NOCD’s treatment program will be able to complete evidence-based therapy with OCD-trained therapists and get 24/7 adjunctive support, no matter where
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Healthcare Blockchain Startup BurstIQ Nabs $5.5M for HIPAA-Compliant Blockchain Platform
- BurstIQ raises $5.5M for HIPAA-compliant blockchain platform services for on-chain data management, complex data ownership, and granular consent.- The healthcare blockchain-based software company plans to aggressively expand sales, marketing, and network growth.BurstIQ, an Denver, CO-based provider of HIPAA-compliant blockchain solutions for the healthcare industry has raised $5.5M in Series A funding led by Elsewhere Partners. Elsewhere, a growth-stage venture capital firm which invests in
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Ajax Health Closes Third $100M MedTech Innovation Fund
- Ajax Health raises $100M to close third medtech innovation, Ajax3 led by HealthQuest Capital with participation from Polaris Partners.
- Led by Duke Rohlen, Chairman and CEO, Ajax3 quickly follows the $100M raised in April 2019 for Ajax 2.
Ajax Health, Menlo Park, CA-based company investing in medical innovation, today announced it has raised $100 million to form its third Medtech innovation fund, Ajax3. The $100M in capital will target investments in companies in the areas of
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WebMD Acquires Digital Health Engagement Solution Aptus Health
- WebMD enters an agreement to acquire Aptus Health, a digital health engagement solution for health and life sciences companies.
- The acquisition includes Aptus Health’s core brands Univadis, EngagedMedia, and Tomorrow Networks.
- Aptus Health will continue to operate as an independent subsidiary of WebMD, as the companies build on and integrate products, platforms, and services.
WebMD Health Corp today
announced that it has entered into an agreement to acquire
Aptus Health,
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Aktana Lands $20M for AI-Enabled Decision Support for Life Sciences
- Aktana raises $20M in debt financing from CIBC Innovation Banking for AI-enabled decision support for the global life sciences industry.
- CIBC Innovation Banking delivers strategic advice, cash management, and funding to innovation companies at each stage of their business cycle, from startup to IPO and beyond.
- Using embedded AI and machine learning refined by real-time human insight, Aktana gives life sciences commercial teams the tools and information to anticipate customer
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Eko Raises $20M to Expand Machine Learning Platform for Cardiac Monitoring/Analysis
- AI-driven digital health startup Eko raises $20M led by ARTIS Ventures with participation from 3M and Mayo Clinic.
- Funding will be used to accelerate research and development (R&D) and commercialization of Eko’s machine learning platform for cardiac screening/analysis.
- Eko’s cardiac monitor combines digital stethoscope and ECG technology both for in-clinic and at-home monitoring, which enables patients to seamlessly and consistently send cardiac data to their
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Molina Healthcare of Washington Launches $3M Community Innovation Fund
- Molina Healthcare of Washington launches $3M community innovation fund that will support Washington community-based organizations over the next three years.- The Molina Fund will support lower access barriers, close community-based care gaps and address the social determinants of health for Medicaid beneficiaries in regions of Washington State that have implemented Integrated Managed Care (IMC).- The Molina Fund will invest up to $1 million per year in Washington-based 501(c)(3) nonprofit
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EMPATHIQ Acquires Patient Experience & Reputation Platform Rivews
- EMPATHIQ acquires Rivews, a patient experience and reputation platform that enables healthcare organizations in instantly connecting with patients via text-message post-care.
- The acquisition will enable EMPATHIQ to further advance from its current online reporting and monitoring platform to enabling healthcare organizations in the collection of real-time patient feedback and surveys after-care.
- To date, Rivews has identified over 32,500 patient complaints with 17,500 of them
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Heal Acquires Doctors on Call, Expands House Call Service to NYC
- Doctor house calls provider Heal expands to New York City with the acquisition of Doctors on Call.
- With the acquisition of Doctors on Call, Heal’s service footprint expands to more than 75 million Americans nationwide throughout Atlanta, GA, California, New York, Northern Virginia and D.C.
- Doctors On Call, founded in 1968 by Paul R. Rosenstock, MD., and now owned and operated by Heal, offers medical house calls for elderly and homebound patients throughout New York’s five
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