Healthbox, a Chicago-based healthcare innovation consulting firm and venture capital investment manager, announced the launch of their new platform Horizon Scan to help healthcare organizations optimize their digital health vendor sourcing process. For healthcare organizations, the new Horizon Scan platform will serve as a sourcing tool to successfully find and evaluate innovative digital health solutions.Many healthcare organizations are currently faced with tenuous profit margins and an
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Medidata to Acquire Mytrus to Transform Clinical Trial Patient Experience
Medidata, a provider of cloud-based solutions and data analytics for clinical research has agreed to acquire Mytrus, Incorporated, an e-clinical technology company specializing in patient-centered electronic informed consent (eConsent) and virtual trials. Financial terms of the acquisition were not disclosed.Medidata will integrate Enroll™, Mytrus’ eConsent solution, into the Medidata Clinical Cloud as part of its ongoing commitment to modernize clinical trials for patients, sites and sponsors.
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Why Data Block Is the Leading Cause of Death for Digital Health Startups
Editor's Note: Buff Colchagoff is the CEO of RosettaHealth, a cloud-based health messaging and exchange platform. Colchagoff has over 16 years of Health IT experience with large projects, including building the VA’s PHR MyHealtheVet, as operations manager for the Nationwide Health Information Exchange (NwHIN) which grew into the Sequoia Project, the Direct Project. Follow him on Twitter at @BuffColchagoffYou’re the leader of a digital health startup born in 2015, ready, willing, and eager to
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ClearDATA Raises $12M to Expand HIPAA Compliant Cloud
Managed cloud provider ClearDATA has raised $12 million in funding from investors Merck Global Health Innovation Fund, Norwest Venture Partners, Excel Venture Management, Heritage Group, HLM Venture Partners, and Flare Capital Partners. The funding will be used to expand the company’s presence in the marketplace and for continued product innovation. The latest round bring the company's total funding to date at $55 million. “ClearDATA has achieved considerable revenue and customer growth
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SV Life Sciences Rebrands As SV Health Investors, Closes $400M Fund
Boston-based healthcare and life sciences venture capital and growth equity firm SV Life Sciences has changed its name to SV Health Investors and has closed its sixth flagship fund target of $400 million. SV Health Investors' venture partner program focuses on leveraging experienced healthcare entrepreneur to serve as hands-on advisors and directors for portfolio companies. This approach contributes to SV's appeal to both potential investors and entrepreneurs. The new multi-sector focus fund
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Intermountain Healthcare Innovation Fund Invests $1M In Redox to Leverage EHR API Integration
Redox, an EHR integration API platform for developers and healthcare organizations has received $1 million in strategic follow-on funding from Intermountain Innovation Fund, a strategic investment vehicle of Intermountain Healthcare. The additional $1 million closes the company's Series B round to $10 million. The Intermountain Healthcare Innovation Fund is managed by Healthbox , a platform for healthcare innovation and entrepreneurship that works with healthcare organizations to advance their
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OM1 Raises $15M to Expand Healthcare Outcome Analytics Platform
OM1(formerly known as Better Outcomes), a Boston, MA-based healthcare outcome analytics company has raised $15M in Series A funding led by General Catalyst with participation from Glikvest, 7wire Ventures and Wanxiang Healthcare Investments. The company plans to utilize the funding to build out its tech platform that leverages big data and artificial intelligence (AI) to provide stakeholders with an analytics platform to have a holistic view and better understanding of real-world healthcare
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Intermedix Acquires WPC Healthcare to Optimize Revenue Cycle Through Predictive Analytics
Intermedix Corporation, a provider of data analytics and cloud-based technology has acquired healthcare data analytics provider WPC Healthcare. The Nashville, TN-based data analytics company uses machine learning to make predictions about health care conditions providing early notification to health care providers and, ultimately, saving lives while decreasing costs. Financial details of the acquisition were not disclosed. In 2015, Intermedix announced the creation of its analytics business
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Insurtech Startup Wellthie Raises $5M to Become The Zillow for Small Business Health Insurance
Wellthie – an insurance technology company offering leading broker and comparison shopping tools that simplify insurance distribution and optimize choices for small businesses and individuals, has raised $5 million in Series A funding. The round was led by IA Capital Groupwith participation from existing and new investors, including Aflac Ventures and top insurance industry executives. The company plans to use the funds to accelerate its nationwide growth and product development. Andy Lerner,
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Rock Health: Digital Health Funding Tops Over $1B in Q1 2017
Digital health funding reached over $1B across a total of 71 digital health deals in Q1 2017(49% above Q1 2015 and 23% below Q1 2016), according to Rock Health, a full-service venture fund dedicated to digital health. In a blog post, Rock Health reveals that despite any regulatory uncertainty around the repeal of the Affordable Care Act (ACA), it’s been business as usual for digital health funding. Providers and health plans are delaying expenditures based on this uncertainty, yet founders
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