Generali Global Assistance announced it has acquired CareLinx, a Silicon Valley-based nationwide, tech-enabled caregiver marketplace improving access to affordable, quality home care for families, large health systems, and insurance companies. Financial details of the acquisition were not disclosed. The company has raised a total of $5 million in funding to date. Founded in 2011, CareLinx professional caregivers leverage proprietary digital care plans to better assist the elderly, individuals
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Tempus Raises $70M to Expand Personalized Cancer Care Platform
Tempus, a technology company focused on helping doctors personalize cancer care by collecting and analyzing large volumes of molecular and clinical data, today announced it has raised $70 million in Series C funding. The Series C round was co-led by New Enterprise Associates (NEA) and Revolution Growth. This latest round brings the two-year-old company’s total funding to $130M.Cancer isn't only about where it grows. It's about how it grows. Genetic alterations drive cancer growth. Some
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Israeli Startup Augmedics Lands $8.3M for Augmented Reality Glasses for Spinal Surgery
Augmedics, a Yokneam, Israel-based developer of an augmented-reality (AR) surgical visualization system has raised $8.3M in Series A funding led by AO Invest, Israeli Innovation Authority, Terra Venture Partners and other undisclosed investors. The company plans to utilize the latest round of funding accelerate research and development as well as pre-clinical and clinical trials of its ViZOR System. In addition, the company plans to establish strategic distribution partnerships, and seek 510(k)
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Hearst Makes Equity Investment in Moffitt Cancer Center Subsidiary M2Gen
Hearst, a market leader in healthcare technology has announced an equity investment in M2Gen, a health informatics subsidiary of Moffitt Cancer Center, one of the top comprehensive cancer centers in the United States. This partnership will help accelerate the discovery of innovative cancer therapies and improve care for patients nationwide. In addition, the collaboration will provide funding to expand the efforts of the nation’s first major data sharing network among leading cancer
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Telehealth Startup Cloudbreak Health Joins StartUp Health’s Global Army of Transformers
Cloudbreak Health, a Los Angeles, CA-based telehealth startup has been chosen to join the elite StartUp Health Academy for Health Transformers and digital health entrepreneurs. StartUp Health’s platform is focused on coaching and supporting entrepreneurs to foster digital innovation to transform health on a global scale. provide video remote interpreting services (VRI) and over the phone interpreting (OPI) to medical facilities around the countryFounded in 2003, Cloudbreak allows providers to
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Boomtown, National Health Council Launches Patient-Centric Startup Accelerator
Boomtown, a startup accelerator that nurtures selected startups through a 12-week mentoring program, and the National Health Council (NHC), a patient advocacy umbrella organization, have announced a three-year agreement to work in collaboration to select and accelerate approximately 20 early-stage digital health startups that are building patient-centric products and services related to healthcare.The NHC is a nonprofit association of national health-related organizations, including leading
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Cedars-Sinai Healthcare Accelerator Unveils Third Class of 10 Digital Health Startups
Techstars Healthcare Accelerator, in partnership with Cedars-Sinai, today announced the 10 digital health startups selected to participate in its third class. From artificial intelligence to new devices and disruptive services, these innovative healthcare-focused startups are working to transform health and healthcare delivery as part of the Los Angeles-based accelerator program.The three-month accelerator will offer mentorship and guidance from clinicians & administrators at Cedars-Sinai,
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Marketware Raises $4.5M for Physician Relationship Management Platform
Marketware, a Cottonwood Heights, UT-based provider of SaaS healthcare relationship management technology has raised $4.5 million in Series B funding led by EPIC Ventures. In addition to the Series B funding round, the company has appointed Alex Obbard as the company’s CEO.Obbard brings more than 25 years' experience in all areas of revenue and profit generation for technology organizations, with significant experience driving SaaS-based sales growth. Most recently, Obbard served as SVP of Sales
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AARP, Rock Health Launch 2017 Aging in Place $50K Challenge
AARP Foundation and Rock Health, a provider of full-service funding to promising entrepreneurs are launching the 2017 Aging in Place $50K Challenge. Digital health startups interested in the 2017 Aging in Place Challenge have the chance to earn a $50,000 cash prize and work with AARP Foundation to improve the lives of vulnerable seniors by addressing issues that help to reduce unnecessary healthcare services, costs, and hospital readmission rates—especially as described in the CMS 30-day
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10 Best Practices for Executing Successful M&A Deals in Healthcare IT
Over the past couple of years, there have been around 200 merger and acquisition (M&A) deals in the healthcare IT space, driven by high enterprise value and the sheer size of the industry. 49 deals came together in the first quarter of this year alone. These numbers make health IT the highest performing industry in terms of M&A activity in the consumer and retail space, and the second highest in the infrastructure/industrial space.Between 2018 and 2019, we will see an insatiable need for
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