Bright.md, a Portland, Oregon-based developer of a virtual care solution to improve efficiencies and reduce costs in the delivery of care for non-acute conditions has raised $8 million in Series B funding round led by B Capital Group with participation from existing investor Seven Peaks Ventures. The funding will support continued market development for SmartExam, Bright.md’s cloud-based artificial intelligence (AI) software, including new implementations of healthcare delivery systems,
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
iBeat Extends Seed Round to $4.5M for Wearable Heart Monitoring Smartwatch
iBeat, makers of the heart monitoring smartwatch wearable that perpetually monitors and detects cardiac arrest, heart attack, and atrial fibrillation has closed an additional $3.5M of funding, bringing its total seed stage funding total to $4.5 million. New investors include WTI, SV Tech Ventures, Lee Equity, and renowned entrepreneurs and angel investors Michael Rubin, Mark Burg, and Harald Ludwig. iBeat plans to use the additional funds to begin clinical testing, refine its sales and marketing
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Led by BlueCross BlueShield, Healthify Raises $6.5M for Social Determinants Management Platform
Healthify, a NYC-based community referral and social determinants management platform, closed a $6.5m Series A funding round led by BlueCross BlueShield Venture Partners (BCBSVP). The round also included participation from existing investors Primary Venture Partners (PVP) and Activate Venture Partners (AVP).Healthify will use the funds from the financing to expand its care coordination product suite and grow its network of customers and social service partners. To date, Healthify has raised over
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Mendel.ai Raises $2M to Launch AI-Powered Medical Matching Service
Mendel.ai, a San Francisco-based startup has raised $2 million in seed funding co-led by DCM Ventures and Bootstrap Lab to launch a new artificial intelligence engine for doctors. The company has developed a new artificial intelligence engine that enables doctors and patients to more quickly find the best diagnostic and treatment methods available for their patients’ medical conditions.Founded by Dr. Karim Galil, Mendel.ai has developed a sophisticated algorithm that understands the
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Novo Nordisk & Glooko Launch Integrated Diabetes Management App
Novo Nordisk and Glooko has announced the launch of their new integrated diabetes management app, Cornerstones4Care (C4C app) for patients. The C4C mobile app integrates Novo Nordisk's extensive knowledge of diabetes and personalized patient support with Glooko's digital platform and data analytics expertise. Cornerstones4Care Powered by Glooko AppThe integrated app concept will initially enable people with diabetes to easily measure and track their blood glucose, activity and meals all in one
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Wellframe Lands $15M to Expand Mobile-Enabled Care Management Platform
Wellframe, a Boston, MA-based mobile-enabled care management solution provider has raised $15 million in Series B funding led by F-Prime Capital, with participation from existing investors including DFJ. The company plans to utilize the funding to develop their care management platform and expand its business reach. The latest round brings total funds raised by the company to $25 million.Founded in 2011, Wellframe enables leading health plans and at-risk providers to better leverage their care
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Solera Health Raises $18.3M to Expand Integrated Chronic Disease Prevention Services
Solera Health, a technology-enabled personalized preventive health network has raised $18.3 million in Series B funding led by Adams Street Partners. Existing strategic investors Blue Cross Blue Shield Venture Partners, Sandbox Industries and social impact fund SJF Ventures also participated in the round. The latest round brings the company’s total capital raised to $30.3 million.Solera plans to use the funding to meet market demand for the Medicare DPP benefit in addition to expanding its
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Genomic Analysis Startup Genoox Raises $6M to Expand in the US Market
Genoox, the genomic analysis company making it easier for doctors, clinicians, and researchers to analyze and act on genetic sequencing data has raised $6 million in funding led by Inimiti Capital Partners and Glilot Capital Partners. With this investment, Genoox will also be expanding their genomic services into the U.S. healthcare market, providing medical facilities with innovative solutions to help solve real and pressing healthcare problems. Genoox has an international footprint, with a
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GE Healthcare Acquires Novia Strategies to Expand Clinical Consulting Capabilities
GE Healthcare has acquired Novia Strategies, a healthcare clinical consulting firm focused on delivering critical outcomes in hospital operations. The acquisition will expand GE Healthcare’s clinical consulting capabilities to help healthcare organizations meet the demand for increased access, enhanced quality and more affordable healthcare for their patients. Originally founded under the name of InnoVia Health by Nancy Lakier in 1995, Novia Strategies help hospitals and health systems improve
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15 Reasons Why 2017 Will Be A Banner Year for Digital Health Funding
Digital health funding reached a record-breaking total of $3.5B across a total of 188 digital health deals in the first half of 2017, according to a new report from Rock Health, a full-service venture fund dedicated to digital health. The findings reveal that despite the recent election and upcoming repeal of the ACA, the spike in digital health investments are not an anomaly, but an indication of increased interest in the digital health sector.The Digital Health Funding Midyear Update report
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