BioTelemetry, a provider of remote and wireless medical technology announced it has agreed to acquire Geneva Healthcare, a provider of remote implantable cardiac device-monitoring services. Under terms of the acquisition agreement, BioTelemetry will pay $45M in cash upfront plus potential earn-outs of at least $20M. Geneva generated $6M in revenue in 2018. Founded in 2011 by a team of cardiologists and user experience designers, Geneva has developed a proprietary cloud-based platform that
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Phynd Lands $8M to Expand EHR-Integrated Provider Information Platform
Phynd, a Dallas-based provider information management platform, today announced it has raised more than $8 million in Series B funding from participating investors MemorialCare Innovation Fund, Rex Ventures (the investment arm of UNC Health Care), Orlando Healthcare Ventures and Dallas Venture Partners. Provider Information ManagementFounded in 2013, Phynd is a strategic enterprise platform managing all operational provider data, powering your core processes with robust provider data via
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EBSCO Health Acquires Clinical Decision Support Tool HealthDecision
EBSCO Health, a provider of evidence-based clinical information tools has acquired HealthDecision, a decision support and shared decision-making tool for clinicians and patients. Founded in 2004, HealthDecision’s visual representation of medical outcomes is educational, easy-to-use and facilitates discussion between the clinician and patient to mutually agree on a personalized treatment plan.Developed by clinicians with subject matter expertise, HealthDecision integrates medical literature
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Health Gorilla Brings Data Interoperability to 24 Hospitals in Mexico
Health Gorilla and Grupo Ángeles Servicios de Salud, a major health system in Mexico, just announced a new partnership to enable interoperability across its 24-hospital system. This creates the largest interoperable network in Mexico and will improve care for millions of patients by making it easy for providers to access all of their health data at the point of care.As part of this initiative, Grupo Angeles Servicios de Salud will bring together data from multiple disparate IT systems across the
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Veta Health Acquires License for 2 Boston Children’s Hospital Homegrown Solutions
Veta Health, the digital health management platform that offers care pathways for ambulatory care management, today announced a strategic alliance with Boston Children's Hospital, whereby it has acquired the license to two homegrown technology solutions, TriVox Health and HelpSteps. The acquisition of licenses to these platforms, which have been deployed in over ten clinics and 15+ clinical areas and reached over 40,000 users to date, furthers Veta Health's technological capabilities as well as
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Mercom: Global Digital Health/Health IT VC Funding Tops $9.5B in 2018
Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach a record-breaking $9.5 billion in funding in 2019, according to market research firm Mercom Capital. The Q4 and Annual 2018 Digital Health (Healthcare IT) Funding and M&A Report also contains year-over-year (YoY) and quarter-over-quarter (QoQ) information on market activity displayed in easy-to-digest charts, graphs, and tables, as well as data-driven analysis The
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Healthcare Data Platform Innovaccer Closes $35M Series B Round
Silicon Valley-based healthcare data platform company Innovaccer, announced that is has closed $35 million in Series B funding, led by Microsoft’s investment arm M12 (formerly known as Microsoft Ventures), Westbridge Capital with participation from Lightspeed Ventures. The latest round brings the total capital raised by Innovaccer to $51 million. Founded in 2014, Innovaccer Inc. is on a mission to drive efficiency in healthcare by unleashing the power of data. Its leading healthcare data
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PerfectServe Acquires Secure Communication Platform Telmediq
PerfectServe, a provider of cloud-based clinical communication and collaboration (CC&C) solutions, announced the acquisition of secure communications platform Telmediq . The combined power of PerfectServe and Telmediq to connect physicians and nurses across the healthcare continuum creates a clear choice for healthcare organizations looking for a wide-ranging care team collaboration functionality, higher service levels and the latest advancements in technology. Telmediq unifies
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California Health Care Foundation Invests in Nomad Health to Optimize Online Marketplace
Nomad Health, the first online marketplace for healthcare jobs, today announced that they have received an investment from the California Health Care Foundation (CHCF). CHCF is providing funding through its Health Innovation Fund, which has previously invested in a number of breakthrough healthcare companies, including Quartet Health, Landmark Health, Omada Health, and Propeller Health. As a partner, CHCF will leverage its relationships with healthcare organizations across the state to help
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Definitive Healthcare Acquires HIMSS Analytics’ Data Services Business
Definitive Healthcare, a provider of data, intelligence, and analytics on the healthcare provider market, announced today that it has acquired the vendor data services business of HIMSS Analytics, which includes the Logic, Predict, Analyze and custom research products. The acquisition will build on the Definitive's articulated growth strategy to deliver the most reliable and consistent view of healthcare data and analytics available in the market.“HIMSS Analytics has developed an extraordinarily
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