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

Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams

by Fred Pennic 11/19/2019 Leave a Comment

Wellframe Raises $20M to Accelerate Digital Care Management Solution for Care Teams

- Wellframe raises $20M in Series C funding to support company growth, including hiring in its Boston office, and accelerate its leadership in the Digital Health Management market.Wellframe translates evidence-based, peer-reviewed guidelines and literature into an interactive daily checklist delivered to patients through the Wellframe mobile app.The additional funding announced today will also enable Wellframe to accelerate the next phase of its Digital Health Management solutions, Digital
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Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care

by Fred Pennic 11/04/2019 Leave a Comment

Heathify Raises $16M to Expand Social Determinants of Healthcare Platform for Value-Based Care

- NYC-based Healthify raises $16M led by SV Health to fuel the company’s growth to integrate social determinants of health in the era of value-based care. - Healthify provides an intuitive SDoH referral platform that enables collaboration between network partners.- The funding will support the company’s rapid growth as it continues to bring healthcare and social service organizations together in accountable networks.Healthify, an NYC-based company integrating the social determinants of health
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FundamentalVR Lands $5.67M for VR Surgical Training Simulation Platform

by Fred Pennic 10/30/2019 Leave a Comment

FundamentalVR Inks 3-Year Partnership with Mayo Clinic to Co-Develop Surgical VR Simulations, Raises Additional $1.4M

- FundamentalVR lands $5.67M to expand its virtual reality (VR) surgical training simulation platform with haptics (the sense of touch).  - Platform is deployed with a number of medical institutions across seven countries, including Mayo Clinic and UCLA in the U.S., UCLH in the U.K., and Sana in Germany with initial training packages focused on the orthopedic surgical disciplines.FundamentalVR, developers of immersive training technology for the surgical community has raised $5.67M in Series A
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Twistle Raises $16M to Expand Patient Engagement Platform

by Jasmine Pennic 10/29/2019 Leave a Comment

Twistle Raises $16M to Expand Patient Engagement Platform

- Seattle-based health IT innovator Twistle raises $16M in Series A funding from two major healthcare investors: Health Enterprise Partners (HEP) and MemorialCare Innovation Fund (MCIF). - The funding investors are healthcare-centric: MCIF is a strategic healthcare investment fund wholly-owned by a healthcare system and HEP is a private equity firm that invests exclusively in healthcare services and IT companies.- The funding will accelerate the delivery of personalized care guidance through
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InsureTech Chatbot Platform Sensely Raises $15M to Modernize Member Experience

by Fred Pennic 10/28/2019 Leave a Comment

InsureTech Chatbot Platform Sensely Raises $15M to Modernize Member Experience

- Digital health and InsureTech chatbot platform Sensely announced it has raised $15M in funding led by Aflac Corporate Ventures, the venture arm of Aflac Inc. - The funding brings expanded commercial pathways to Sensely, with markets serving over 60 million members and representing over $200MM in annual recurring revenue opportunities.   Today, at HLTH 2019, Sensely, a San Francisco, CA-based digital health and InsureTech platform that modernizes member experience while lowering costs,
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Amazon Acquires Health Navigator to Become Part of Amazon Care Services

by Fred Pennic 10/24/2019 Leave a Comment

Amazon Acquires Health Navigator to Become Part of Amazon Care Group Services

- Amazon acquires Chicago-based Health Navigator platform, a comprehensive clinical vocabulary, and decision-support system.- The announcement marks Amazon’s second acquisition in the healthcare space after acquiring online pharmacy market PillPack for $750M last year. - CNBC confirms Health Navigator will not renew existing contracts with their customers moving forward and will become part of Amazon Care, it's pilot healthcare service program for employees.Amazon has acquired Health Navigator,
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AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets

by Fred Pennic 10/23/2019 Leave a Comment

AVIA Lands $22M to Expand Healthcare Innovation Network to New Markets

- AVIA raises $22M to expand its leading healthcare innovation network to expand its service offerings and reach new markets. - Specifically, AVIA will tap into the new funds to grow its offerings in areas including consumerism, population health, and risk management, and to reach new markets such as pediatric hospitals and payers.- Members of the AVIA Innovator Network access unique insights, participate in collaborative strategic initiatives, and engage in consulting services to increase speed
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XLerateHealth Awarded $1.7M Grants to Fuel Healthcare Innovation in Under-Resourced States

by Fred Pennic 10/22/2019 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

- XLerateHealth (XLH) has been awarded a total of $1.7M in grants to continue building the XLerator Network and support academic healthcare innovation across the Southeast. - The continuation of the grant secures a second year of funding for XLH and its partners to build on foundational assessment and planning work completed in year one.XLerateHealth (XLH), a Louisville, KY-based healthcare accelerator has been awarded grants totaling $1.7M to continue building the XLerator Network and support
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Medinas Raises $5M to Expand Pre-Owned Medical Equipment Marketplace

by Jasmine Pennic 10/22/2019 Leave a Comment

Medinas Raises $5M to Expand Asset Management Platform for Hospitals

- Medinas close $5M seed funding round led by NFX to expand pre-owned medical equipment marketplace and asset management software for hospitals. - Pre-owned medical equipment marketplace and asset management software has helped hospitals reduce waste and save over $50M in sales equivalency by making equipment remarketing fast, easy and safe.- The Medinas Price Book utilizes over 9 million data points to provide estimated equipment values for the $156 billion healthcare equipment market in the
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Onegevity Health Acquires Global Licensing Rights to Mount Sinai’s Lab100

by Fred Pennic 10/22/2019 Leave a Comment

Onegevity Health Acquires Global Licensing Rights to Mount Sinai's Lab100

- Onegevity Health announced it has acquired global licensing rights to Mount Sinai’s Lab100 clinic that uses precision diagnostics to empower patients and help scientists advance our understanding of human health. - Clinic and research lab offers patients access to comprehensive health assessment, expands clinical understanding of disease prevention and provides a wealth of health outcomes data. Today, NYC-based health tech company, Onegevity Health, announced it acquired the global
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