Ivenix, a medical technology company developing the next-gen infusion system has raised $50 million in equity financing led by two new undisclosed investors, as well as participation from existing investors F-Prime Capital Partners and WuXi Healthcare Ventures, among others. The company plans to utilize the funding to pursue FDA clearance and quickly expand its team for commercial launch. Ivenix is focused on bringing its first solution to market, a new and innovative infusion system for
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
PatientPing Expands Care Coordination Network in Massachusetts for Real-Time Clinical Event Notification
PatientPing, a Boston-based health technology company that connects providers to seamlessly coordinate patient care has announced an expansion of their care coordination network in their home state of Massachusetts with the addition of Tufts Medical Center. The expansion of its data-sharing initiative in the Commonwealth of Massachusetts will help facilitate higher quality care through better patient care coordination. To date, PatientPing currently partners with more than 25 hospitals, 29
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Aetion Raises $11.2M for Real-World Evidence Data Analytics Platform
Aetion, a NYC-based healthcare technology company that delivers the real-world analytics and evidence needed for value-based healthcare has raised $11.2 million in Series A funding led by Flare Capital Partners and joined by Lakestar. The company plans to utilize the funding to extend the capabilities of its real-world evidence platform, as well as expand and commercialize its solutions for the benefit of the healthcare ecosystem. The platform enables payers and providers to collaborate in
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AliveCor Lands $30M for AI-Powered Platform for Doctors to Improve Stroke Prevention
AliveCor, a provider of FDA-cleared mobile electrocardiogram (ECG) technology has raised $30 million in funding led by Omron Healthcare and Mayo Clinic. Additionally, the company has unveiled its new AI-Powered platform, Kardia Pro for doctors to monitors patients for the early detection of atrial fibrillation. AliveCor plans to utilize the latest round of funding to accelerate innovations in heart health and continue the rapid expansion of the business.“Heart disease is the No. 1 cause of death
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Cohero Health Adds Strategic Investors Samsung NEXT, Omron Health to Support Commercialization of BreatheSmart
Cohero Health, a NYC-based digital health company developing connected health tools and technologies to empower respiratory patients and improve care through smart mobile devices, has added strategic investors Samsung NEXT and Omron Healthcare to its oversubscribed Series A round. The company originally announced its $9M Series A in late 2016 but elected to allow forthe investment of additional strategic capital. With the addition of the two new strategic investors/partners, the Series A round
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Livongo Health Raises $52.5M to Expand Diabetes Management to International Markets
Livongo Health, a consumer digital health company that is empowering people with chronic diseases to live better has raised $52.5 million in growth funding co-led by existing investor General Catalyst and international investment company Kinnevik. Singapore-based EDBI, American Investment Holdings LLC, and Microsoft Ventures also joined the round including participation from previous investors. The company plans to utilize the funding to expand its diabetes management to international markets
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CareDox Lands $6.4M to Expand Free Student-Based EHR Platform For K-12 Public Schools
Caredox, a NYC-based digital health startup that improves children’s health with technology by efficiently connecting schools, families, and healthcare providers has raised $6.4 million in Series A funding led by Digitalis Ventures with participation from First Round Capital, Giza Venture Capital, TEXO Ventures, and Prolog Ventures. The company plans to utilize the latest funding to expand to continue to accelerate adoption of the company’s student-based EHR platform for K-12 public schools and
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Why Today’s Digital Health Venture Model Is Broken
Echo Health Ventures’ Matthew Karls explains how his new healthcare investment company is breaking the mold and why that’s a good thing for startups.Today’s digital health venture model is broken. That statement seems bold and contradictory to the fervor and flourish of funding that has poured into the space recently. However, most health-tech startups are predicted to fail within the first two years of operation—why?In 2014, venture funding in digital health smashed records surpassing $4.1
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New Jersey Innovation Institute to Launch Ideation Center for Digital Health Innovation
The New Jersey Innovation Institute (NJII) is partnering with Hackensack Meridian Health to launch a healthcare Ideation Center to support digital health innovation. The Ideation Center, located in Newark on the NJIT campus, will help create and launch the next wave of healthcare technology, products and services. The center will be run through NJII’s Healthcare Delivery Systems iLab that specializes in pairing New Jersey’s top innovators with companies whose mission is to change the face of
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Kinsa Closes $17M in Financing to Develop Additional Digital Health Products
Kinsa, the company behind the world’s first FDA-cleared smartphone-connected thermometer has closed $17 million in additional financing from GSR Ventures, Kleiner Perkins Caufield Byers, FirstMark Capital and others. The funds will be used to develop additional smart products and services to further Kinsa’s mission to better track and stop the spread of illness. Features such as wellness tips, real-time fever guidance, medication reminders, connection to physicians, local health information and
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