Elemeno Health, a Y Combinator-backed digital health startup has raised $1.3 million in seed funding led by Launchpad Digital Health. The startup plans to use the funding to expand and invest in its proprietary cloud solution for frontline healthcare teams. Currently, Elemeno Health’s app is in use by teams in multiple health systems in California, including UCSF.Founded in 2016 by UCSF Associate Professor Arup Roy-Burman, MD, and veteran Electronic Arts (EA) Game Developer Ed Nanale, Elemeno
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Health IT Company ABILITY Network Raises $545M in Debt Financing
ABILITY Network (ABILITY), a health information technology company that simplifies the complexities of administrative and clinical processes has raised $545 million in debt financing. The proceeds will be used to replace existing debt at lower rates and extended maturities, fund cash to the balance sheet for growth and pay a dividend to shareholders. The new debt financing, along with ABILITY’s strong performance, returns leverage ratios to the same level as when Summit Partners and Bain
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ALKU Acquires Health IT Consulting Firm Holland Square Group
Specialized staffing firm ALKU has acquired Holland Square Group, a Nashville, TN-based provider of health IT consulting and staffing solutions to providers, payers, and suppliers of healthcare technology and services. The acquisiton will help expand and diversify ALKU’s specialized service offerings to the health IT market, as well as establish a market share in the health IT consulting market.“We immediately recognized the unique opportunity that combining with Holland Square Group represents
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QGenda Acquires ED Physician Scheduling Vendor Tangier
QGenda, a cloud-based automated physician scheduling software has acquired Tangier, a provider of of emergency medicine, hospital medicine, and urgent care scheduling software. With the acquisition of Tangier, QGenda extends its leadership position and adds two decades of experience in emergency medicine, hospital medicine, and urgent care scheduling.Since its inception, Tangier has grown to serve more than 400 customers and 50,000 providers in emergency medicine, hospital medicine, urgent care
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SymphonyCare Acquires Empower Patient Portal Business Unit from Influence Health
SymphonyCare, a population health and patient engagement solutions company has acquired the Empower patient portal business unit from Birmingham, AL-based Influence Health. The acquisition was led by SymphonyAlpha Ventures, the venture capital arm of Symphony Corporation, a leader in digital healthcare innovation and technology solutions. Financial details of the acquisition were not disclosed.The Empower patient engagement product alone currently reaches more than a half a million patients
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Rev Cycle Startup Cedar Launches With $13M for Data-Driven Patient Payment Solution
Revenue cycle management-focused startup Cedar has announced its entry into the health IT market with a new data-driven patient payment solution. Supported by $13M in Series A funding, the Cedar platform, which powers solutions for hospitals, health systems and medical groups, delivers modern intelligence to alleviate collections challenges, improve billing operations and ensure a personalized billing experience for patients.A Data-Driven Payment Solution for Hospitals and Medical GroupsToday,
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Dignity Health and Catholic Health Initiatives Merge to Expand Access to Quality Care Across 28 States
nOn Thursday, Catholic Health Initiatives (CHI) and Dignity Health have signed a definitive agreement to combine ministries and create a new, nonprofit Catholic health systems, allowing the organizations to expand their mission of service and create a healthier future for people and communities across 28 states. The new health system will build a stronger operational and financial foundation to expand access to quality care, build upon complementary resources and capabilities, and reinvest in
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EpicMD Raises $3M for Telehealth Platform to Help Physicians Drive Revenue & Improve Patient Experience
EpicMD, a Miami, FL based provider of telehealth technology platform and service solutions focused on the needs of independent healthcare providers, has raised $3 million in Series A funding led by Sagemoore Capital. The round also included particpation from a host of the company’s largest customers, including high-net-worth family offices representing a number of nationally recognized medical thought leaders, each of whom engaged as early adopters of the platform solution.The global
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SwipeSense Lands $10.6M to Expand Location-Aware Hospital Apps
SwipeSense, a Chicago-based healthcare technology company has raised a $10.6 million in Series B2 funding led by Eclipse Ventures, with participation from Sandbox Industries and other existing technology and healthcare investors. The company plans to utilize the funding to improve its location-aware apps for healthcare platform, explore new use cases and expand its growing team.Founded in 2012 by Mert Iseri and Yuri Malina, SwipeSense's mission is to eliminate Hospital Acquired Infections, a
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Philips Acquires Open-Standards-based Interoperability Provider Forcare
Philips has acquired Forcare, a Netherlands-based open-standards-based interoperability software solutions for fast and flawless data flows between medical systems and information sources at the departmental and enterprise levels, as well as Health Information Exchanges (HIEs) across health systems. Forcare and its team will provide highly complementary capabilities for Philips, and will enable Philips to deliver more effective, seamlessly integrated informatics solutions that improve clinical
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