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

Benchling Raises $14.5M for Biologics Platform to Streamline R&D for Scientists, Researchers

by Jasmine Pennic 06/14/2018 Leave a Comment

Benchling Raises $14.5M for Biologics Platform to Streamline R&D for Scientists, Researchers

Benchling, a San Francisco, CA-based biologics platform for scientists, research managers, and executives to streamline and track R&D from discovery to bioprocessing, today announced it has raised $14.5M in Series B funding led by Benchmark. The round also included participation from from F-Prime Capital, a global venture capital firm associated with Fidelity Investments, and returning investor Thrive Capital. Benchling plans to utilize the funding to accelerate product development and
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Google Recognizes Doctor.com as Only Google My Business Partner for Healthcare

by Jasmine Pennic 06/14/2018 Leave a Comment

Google Recognizes Doctor.com as Only Google My Business Partner for Healthcare

Doctor.com, the first customer experience platform purpose-built for the healthcare industry, today announced that it has officially been recognized by Google as the only healthcare-exclusive organization to be a Featured Google My Business (GMB) Partner. This partnership enables Doctor.com clients to have unparalleled control over the Google My Business listings for all of their providers and facilities, a task which is often challenging for healthcare organizations.Doctor.com's platform
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Hackensack Invests in Home Care Robot, Pillo Through $25M Innovation Fund

by Fred Pennic 06/14/2018 Leave a Comment

Hackensack Invests in Home Care Robot Pillo Through $25M Innovation Fund

Hackensack Meridian Health, today announced it has invested in Pillo, an AI-powered home care robot companion that empowers patients to better manage their health at home, connecting them to caregivers and family members. The investment marks the first product funded through Hackensack Meridian Health’s $25 million innovation program to support the improvement of health care delivery. The health network’s novel incubator has vetted many products and strategies to streamline care delivery, reduce
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UCHealth to Create Healthcare Innovation Hub in Denver to Transform Healthcare Delivery

by Fred Pennic 06/13/2018 Leave a Comment

UCHealth to Create Healthcare Innovation Hub in Denver to Transform Healthcare Delivery

UCHealth’s innovation team, today announced it will develop a healthcare innovation hub in Denver that will leverage brilliant minds both inside and outside the health system – to help transform health care delivery of the future. The new healthcare innovation hub will be housed at the Catalyst Health-Tech Innovation building in Denver’s River North District (RiNo) as one of the facility’s largest tenants.The hub will bring together more than 70 organizations that will all work together in a
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GPB Capital Acquires Revenue Cycle Provider Health Prime International

by Jasmine Pennic 06/12/2018 Leave a Comment

GPB Capital Acquires Revenue Cycle Provider Health Prime International

GPB Capital, today announced it has acquired a majority ownership take in Health Prime International (HPI), a National Harbor, MD-based provider of practice management and revenue cycle management solutions for medical practices. GPB Capital plans to optimize HPI’s product offerings by integrating HPI with its existing healthcare IT portfolio companies including Cantata Health, Itelagen Healthcare, MDS Medical, Meta Healthcare IT Solutions. Financial terms of the acquisition were not
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Brook Lands $4M for AI-Powered Diabetes Assistant App, Partners With Independent Health

by Fred Pennic 06/12/2018 Leave a Comment

Brook Personal Diabetes Assistant App Platform

Brook, a Seattle-based personalized diabetes assistant app platform for personal empowerment and intelligent support has raised $4M in funding from a group of investors. In addition to the funding, the startup has inked a strategic partnership with Independent Health, a Western New York State health plan to provide enhanced resources to help its 380,000 members self-manage their care and make the best decisions about their health. The partnership builds on the 2017 pilot program with Independent
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Medidata Acquires SHYFT Analytics for $195M to Power Digital Transformation in Life Sciences

by Jasmine Pennic 06/12/2018 Leave a Comment

Medidata Acquires SHYFT Analytics for $195M to Power Digital Transformation in Life Sciences

Medidata today announced that it has entered into a definitive agreement to acquire SHYFT Analytics for $195 million in cash, closing the loop on clinical development with commercial and real-world data analytics. SHYFT Analytics cloud data analytics platform for life sciences provides insights on 45B patient records and 2M providers. Medidata's unified platform, pioneering analytics, and unrivaled expertise power the development of new therapies for over 1,000 pharmaceutical companies, biotech,
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Inova Personalized Health Accelerator Invests in Prior Authorization Platform, CoverMyTest

by Fred Pennic 06/12/2018 Leave a Comment

Inova Personalized Health Accelerator Invests in Prior Authorization Platform, CoverMyTest

Inova Personalized Health Accelerator (IPHA), an unique program providing health IT entrepreneurs with C-suite coaches, early-stage capital and strategic partners, today announced it has invested in health IT startup CoverMyTest. The New York-based startup partners with labs to optimize and automate prior authorization (PAs) workflows.CoverMyTest is the only PA service provider solely focused on assisting laboratories offering genetic and genomic testing. This PA software comes at a critical
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Zebra Medical Vision Raises $30M, Unveils AI-Based Chest X-Ray Reader

by Jasmine Pennic 06/08/2018 Leave a Comment

 Zebra Medical Vision, an Israeli-based machine and deep learning startup utilizing big data to diagnose diseases far better than radiology has raised $30 million in Series C funding led by aMoon Ventures. The round also included particpation from  Aurum, Johnson & Johnson Innovation JJDC Inc. and Intermountain Healthcare and leading global AI scientists Professor Fei Fei Lee and Richard Socher. The latest round brings the total investment in the company to $50M. Founded in 2014, Zebra
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nference Raises $11M to Synthesize the World’s Biomedical Knowledge

by Fred Pennic 06/07/2018 Leave a Comment

nference Raises $11M to Synthesize the World’s Biomedical Knowledge

nference, a Cambridge, MA-based company on a mission to synthesize the exponentially growing biomedical knowledge has raised $11 million in Series A funding led by  Matrix Partners. The round also included participation from existing investor Matrix Capital Management. The company plans to utilize the funding to develop the company’s AI and R&D platforms, expand scientific operations in Cambridge MA and establish nference Labs in Bangalore, India.Founded by Murali Aravamudan and Venky
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