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

SubjectWell Raises $10M to Expand Risk-Free Clinical Trials Marketplace for Patient Recruitment

by Jasmine Pennic 06/19/2019 Leave a Comment

SubjectWell Raises $10M to Expand Risk-Free Clinical Trials Marketplace for Patient Recruitment

SubjectWell, an Austin, TX-based risk-free clinical trials marketplace for patient recruitment has raised $10 million in Series A funding led by Windham Venture Partners, with participation from previous investors Healthy Ventures and Geekdom Fund. SubjectWell Clinical Trials Marketplace Founded in 2012, SubjectWell is increasing participation in clinical research by providing a single marketplace that allows prospective patients to match to any available clinical trials. Instead of using
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Cara Care Nabs $7M to Expand Digital Therapuetic App for Digestive Diseases

by Jasmine Pennic 06/18/2019 Leave a Comment

Cara Care Nabs $7M to Expand Digital Therapuetic App for Digestive Diseases

Berlin, Germany-based digital health company Cara Care, announced today that it has secured $7 million in Series A funding led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Barcelona-based VC firm Asabys Partners with participation from existing investor Atlantic Labs. Cara Care was part of the Microsoft Accelerator and winner of the GlaxoSmithKline Transforming the Future of Self-Care Challenge in the category “Digital Health Technologies.” Cara Care has raised more than $9
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Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

by Fred Pennic 06/18/2019 Leave a Comment

Care Management Platform VirtualHealth Closes Series B Round to Fuel Growth

VirtualHealth, a NYC-based care management platform, today announced it has closed a Series B financing round bringing the total amount raised by the company to more than $25 million. Led by Edison Partners and existing investors, the latest funding provides strategic capital to fuel the company’s rapid growth and product innovations.One Platform for the Entire Care TeamFounded in 2012, the VirtualHealth HELIOS solution is the first comprehensive care management platform purpose-built to provide
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Collective Health Lands $250M to Simplify Employer-Sponsored Health Insurance

by Jasmine Pennic 06/17/2019 Leave a Comment

Collective Health Lands $250M to Simplify Employer-Sponsored Health Insurance

Collective Health, a San Francisco, CA-based provider of a employer-sponsored health insurance platform has raised $205 million in Series D funding led by SoftBank’s Vision Fund with participation from GV, Founders Fund, Maverick Ventures, NEA and Sun Life. The latest round brings the company total funding to date at $435M.$1.2 Trillion Market Opportunity“With U.S. healthcare costs at $3.65 trillion in 2018, Collective Health is reinventing the healthcare experience for companies and their
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CredSimple Raises $14M to Redefine The Provider Credentialing Process

by Jasmine Pennic 06/14/2019 Leave a Comment

CredSimple Raises $14M to Redefine The Provider Credentialing Process

 CredSimple, the a NYC-based cloud-based healthcare credential verification organization, has raised $14 million in Series B funding led by Questa Capital. The round also included participation from existing investors including Windham Venture Partners who led the company's Series A round and Primary Ventures who co-led its seed investment.Outdated Credentialing ProcessTraditionally, credentialing has run on outdated systems, spreadsheets, and repetitive manual work that only increases work,
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Dassault Systèmes Acquires Clinical Trial Platform Medidata for $5.8B

by Jasmine Pennic 06/13/2019 Leave a Comment

Dassault Systèmes Acquires Clinical Trial Platform Medidata for $5.8B

French technology giant Dassault Systèmes has agreed to acquire Medidata, a life sciences digital transformation company in an all-cash deal for $92.25 per share valued at $5.8 billion. With the acquisition of Medidata and its clinical and commercial solutions, Dassault Systèmes plans to increase market penetration into the Life Sciences industry with an integrated business experience platform for an end-to-end approach to research and discovery, development, clinical testing, manufacturing and
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Revenue Cycle Startup Nym Lands $6M for Autonomous Medical Coding Solution

by Fred Pennic 06/13/2019 Leave a Comment

Revenue Cycle Startup Nym Lands $6M for Autonomous Coding Technology

Nym, an Israeli-based autonomous medical coding technology provider announced that it has secured a $6 million seed funding, led by Bessemer Venture Partners. Founded in 2018 by Amihai Neiderman and Adam Rimon, Nym’s automatic medical language understanding technology streamlines the hospital revenue cycle.Traditional Cumbersome Medical Coding ProcessThere are over 250,000 medical coders in the United States today manually reviewing patient charts and assigning the applicable medical codes
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Telegenomics Company Genome Medical Nabs $23M to Bring Genomic Medicine to Everyday Care

by Fred Pennic 06/12/2019 Leave a Comment

Genome Medical

Genome Medical, a leading nationwide telegenomics company providing genomic-based medicine, today announced that it has raised $23 million in Series B financing to accelerate the development of its technology and medical services which support patients, physicians and healthcare systems in all 50 states. The Series B round was led by Echo Health Ventures, a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions with additional new investors LRVHealth, Casdin
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Neurotrack Raises $21M for Digital Cognitive Health Platform

by Jasmine Pennic 06/12/2019 Leave a Comment

Neurotrack

Neurotrack, a Redwood City, CA-based digital health company has raised $21 million in Series C funding round led by existing investor Khosla Ventures, with new strategic investments from Dai-ichi Life and SOMPO Holdings, and participation from existing investors Sozo Ventures, Rethink Impact, and AME Cloud Partners. The new round brings the company's total funding to date to more than $50 million.Alzheimer's is quickly becoming the greatest healthcare challenge of our generation, but its impact
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2019 MedTech Breakthrough Award Category Winners Announced

by Jasmine Pennic 06/06/2019 Leave a Comment

2019 MedTech Breakthrough Award Category Winners Announced

MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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