IDx, a Coralville, Iowa-based startup that developed the first and only FDA-cleared autonomous AI diagnostic systems, has raised $33 million in funding led by 8VC with participation from Optum Ventures, Alpha Edison and Heritage Provider Network. This latest round of funding will accelerate the adoption of IDx-DR and allow IDx to continue developing additional AI-based diagnostic systems.Founded in 2010 by a team of clinical scientists, IDx is focused on developing clinically-aligned autonomous
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Biotech Startup uBiome Raises $83M to Expand World’s Largest Human Microbiome Database
uBiome, a microbial genetics company leveraging artificial intelligence to develop wellness products, clinical tests, and therapeutics based on the microbiome, today announced it has raised $83 million in Series C funding. The round was led by OS Fund, with participation from 8VC, Y Combinator, Dentsu Ventures, and additional new and existing investors. Now, uBiome is mining its database (the world's largest human microbiome database) to discover new therapeutic targets, with an initial focus on
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Fitbit Launches New Connected Health Platform for Employers, Health Plans and Health Systems
Global wearables provider Fitbit, today launched Fitbit Care, a connected health platform for employers, health plans and health systems that combines health coaching and virtual care through the new Fitbit Plus™ app, Fitbit’s innovative wearable devices, and self-tracking and personalized digital interventions to help improve wellness, disease management, and prevention.With the introduction of Fitbit Care, Fitbit is delivering on its commitments to expand the company’s healthcare offerings and
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Inova Personalized Health Accelerator Invests in Cyrano Therapeutic
Inova Personalized Health Accelerator (IPHA), announced it has invested in a new therapy company Cyrano Therapeutics that is developing a solution to address a major unmet need in patients with olfactory impairment. Sense of smell can often be taken for granted until it is lost. This occurs most commonly by sino-nasal disease and upper respiratory infection, and in many cases, by head trauma.Cyrano Therapeutics understands the profound impact these senses can have on the quality of life and is
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SnapMD Raises $7.1M to Expand Virtual Care Management Platform
SnapMD, a Los Angeles, CA-based full-service enterprise telehealth technology innovator, and solutions provider, today announced it has raised $7.1 million in Series B funding. This brings the LA-based startup’s total capital raised to date to $16.3 million. Participating investors included the original syndicate. The company will use the latest funding to further advance its telemedicine platform and accelerate its sales and marketing efforts.SnapMD Virtual Care Management Platform
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VisualDx Launches AI-Driven Smart Symptom Checker App for Skin Conditions
Aysa is a first of its kind AI-driven app set to revolutionize the way consumers to educate themselves and make more informed decisions about their personal skin conditions. Aysa is trained through the VisualDx platform which combines clinical search and medical knowledge from experts with a database of more than 120,000 of the best medical images in the world.But what does that really mean? With the power of machine learning, Aysa enables people with no medical background to use the app to
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Livongo Launches Cellular-Enabled Blood Pressure Monitoring System
Digital health startup Livongo, today announced the first cellular-enabled blood pressure monitoring system in the U.S. that allows for easy checking and reporting from home, eliminating the so-called ‘White Coat’ syndrome that leads to unnecessary prescriptions for high blood pressure, and it also enables real-time insights and Health Nudges delivered when it is most effective. The cellular-enabled monitoring system allows blood pressure data to transfer seamlessly from ‘Cuff to Cloud’TM.
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RCM Provider Waystar Acquires Predictive Analytics Company Connance
Waystar, a revenue cycle technology company, today announced its acquisition of Connance, a provider of healthcare predictive analytics. As Waystar became one of the nation’s largest healthcare financial data sources through the merger of Navicure and ZirMed last year, this new acquisition will enable the company to bolster existing end-to-end revenue cycle technology offerings and predictive analytics capabilities to more than 450,000 providers, 22,000 healthcare organizations and 750 health
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MedTech Startup Endotronix Lands $45M for Heart Failure System
Endotronix, Inc., a digital health, MedTech company dedicated to advancing the treatment of heart failure, today announced it has raised $45 million in Series D funding led by LSP, investing from its LSP Health Economics Fund 2. The round also included participation from Aperture Venture Partners, BioVentures Investors, Lumira Ventures, OSF Ventures, Seroba Life Sciences, SV Health Investors, Wanxiang Healthcare Investments, and an unnamed corporate strategic investor.The medtech startups plans
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Cigna Launches $250M Healthcare Innovation Fund Focused on Early and Growth Stage Startups
Today, global health service company Cigna announced the launch of Cigna Ventures, a corporate venture fund to invest in emerging companies driving transformation and innovation in health care. Cigna Ventures is launching with $250M in capital to invest in both early and growth stage startups dedicated to unlocking growth opportunities in healthcare across three strategic areas:- Insights and Analytics: Risk Assessment, Network Optimization, and Patient Care Plan- Digital Health and Retail:
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