Risalto Health, a digital health startup delivering concierge service for musculoskeletal care with cutting-edge care pathways for patients, has raised $1.5M in seed stage capital from Health Catalyst Capital Management (HCCM). The seed round also included participation from Oxeon Partners. Risalto plans to use the funding to expands its care concierge program to enable superior outcomes and cost savings for patients experiencing back, neck, knee, and hip pain. Musculoskeletal ailments affect
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Health Tech Startup Bridge Connector Raises $4.5M for Healthcare Data Integration Platform
Bridge Connector, a healthcare data integration platform as a service (iPaaS) that delivers streamlined integration solutions for healthcare organizations, today announced it has raised $4.5 million in seed funding led by Axioma Ventures LLC. The seed round also includes participation from Alex Jenkins, co-founding partner of Axioma Ventures; Hannibal Baldwin, Chief Financial Officer of Baldwin Beach Capital and Co-CEO of SiteZeus; and Jeffrey S. Wenger, M.D., a board-certified
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Parachute Health Nabs $9.5M for ePrescribing Platform for DME and Supplies
Parachute Health, a New York-based ePrescribing platform transforming the way patients receive the care they need to properly manage their health and recovery at home has raised $9.5 million in new funding led by Harley Miller and Dan Ahrens of Insight Venture Partners. The funding also included participation from GNYHA Ventures, the business arm of the Greater New York Hospital Association and Anthony Welters, formerly of UnitedHealth Group. The company plans to use the funding to expand
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Teladoc Acquires Global Virtual Care Provider Advance Medical for $352M in Cash and Stock
Virtual care provider Teladoc, today announced it has acquired Advance Medical, an international virtual care provider of telemedicine services across Europe, Asia, Latin America for $352 million cash and stock. Under the terms of the agreement, the purchase price consists of approximately $292 million in cash and $60 million of Teladoc common stock. With a broadened international footprint and the ability to offer an expanded set of clinical services worldwide, the combination creates the only
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Qardio Launches New Service for Doctors to Bill for Remote Care Monitoring, Increasing Revenue Opportunities
Qardio, a digital health company, announced a new service for remote monitoring that brings a smarter way for doctors to deliver non face-to-face patient care while increasing revenue opportunities with the new reimbursement CPT code 99091. This new service is powered by Qardio’s doctor platform, QardioMD, which automatically compiles and analyzes patient vitals such as blood pressure, ECG and weight recorded outside the doctor's’ office. With this service, doctors can now more easily be
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Oshi Health Launches All-in-One Mobile App for IBD Management
Oshi Health, Inc. today announced the release of Oshi, a digital tracking mobile app with all-in-one features for inflammatory bowel disease (IBD) management and wellness including symptom tracking, curated learning, and expert Q&A. Oshi is now available for download on the Apple App Store or Android Google Play.Currently, there is no known cause or cure for Crohn's disease (CD) or ulcerative colitis (UC), the two main forms of IBD. Both are marked by inflammation in the lining of the
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Boomtown, COPIC Launch Patient Safety HealthTech Startup Accelerator
Boulder, CO-based startup accelerator Boomtown and COPIC, a medical liability insurance provider recognized for its innovative patient safety and risk management, have announced a multi-year agreement to launch the Patient Safety HealthTech Startup Accelerator. The Boomtown Patient Safety Health Tech Accelerator will supports innovations in patient safety and risk management and is seeking startups empower consumers, increase efficiency, and improve outcomes for patients and providers
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AARP Partners With Folia, Orbita & Pillo Health to Improve Patient Wellbeing
AARP announced its collaboration with three healthcare startups in its “champion” role in PULSE@MassChallenge, a digital health accelerator. As part of its participation, AARP is working with three Massachusetts-based companies focused on advancing healthcare and improving patient wellbeing: Folia Health, Inc., Orbita, Inc., Pillo Health.Earlier this year, 32 finalist startups from over 500 applicants entered the 2018 PULSE@MassChallenge accelerator program. The startups selected to participate
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Propeller Health Lands $20M to Develop Digital Medicine Platform Across Therapeutic Areas
Propeller Health, a digital therapeutics company, toay announced a $20 million funding round led by Aptar Pharma, with participation from existing investors Safeguard Scientifics, Social Capital, Hikma, 3M Ventures and SR One. Propeller plans to use the proceeds from the funding to support Propeller's investment in its pipeline of digital therapeutics and additional connected devices for the treatment of chronic respiratory disease, an area of continued market growth for the company. Propeller
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ResMed to Acquire Home Health Software Provider HEALTHCAREfirst
ResMed, a global leader in connected healthcare solutions, today announced it has entered into a definitive agreement to acquire privately held HEALTHCAREfirst, a provider of software solutions and services for home health and hospice agencies. Financial terms of the acquisition were not disclosed. Founded in 1992, HEALTHCAREfirst offers electronic health record (EHR) software, billing and coding services, and advanced analytics that enable home health and hospice agencies to optimize their
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