Healthcare data science company Apixio Inc., today announced that it has raised $19.3 million in Series D funding led by SSM Partners with participation from First Analysis, Bain Capital Ventures and Apixio’s largest angel investor. Apixio will utilize the funding towards advancing and scaling products powered by its cognitive computing platform, further enabling insights for optimal patient care. Casey West, managing partner at SSM Partners will join the Board of Directors, bringing deep
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Clover Health Lands $160M for Data-Driven Health Insurance Service
Clover Health, a data-driven focused insurance service provider has raised $160 million in new funding led by Greenoaks Capital with existing investors Arena Ventures, First Round Capital, Sequoia Capital, Social Capital and Wildcat Ventures. The latest round also included new investors AME Cloud Ventures, Casdin Capital, Floodgate, Nexus Ventures, Refactor Capital, and Spark Capital. This brings Clover Health’s total funding to $285M. Founded in 2012 and based in San Francisco, Clover Health’s
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EHR Hosting Vendor ITelagen Acquires Acquires Competitor Planet Logic
ITelagen, an IT Support and Hosting service for healthcare providers and practices, announced today that they will be acquiring Planet Logic, a Newton, New Jersey based healthcare cloud hosting company. Financial terms of the acquisition were not disclosed and it is expected to close on May 31, 2016. The acquisition complements ITelagen 's IT and EHR Support and Hosting Services with Planet Logic's custom healthcare solutions. The union of these organizations will allow for an acceleration of
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Canary Health Acquires Mobile Stress Management Company bLife
Digital health self management company Canary Health(formerly DPS Health), announced it has acquired mobile stress management company, bLife, to round out its self-management suite that includes a CDC-recognized Diabetes Prevention Program (DPP) and the chronic disease online workshops from Stanford University's Patient Education Research Center. Financial terms of the acquisition were not disclosed. As part of the acquisition, bLife co-founder Paul Campbell has joined the senior management team
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StartUp Health Adds 3 Digital Health Startups to its Portfolio
StartUp Health, a global entrepreneurship development company for Healthcare Transformers, and GE Ventures, announced the addition of three digital health startups to its StartUp Health Academy’s GE Program. As part of the partnership, both companies will work to build 19 companies focused on virtual health solutions and plan to select at least 7 more companies this year to join the program.Since its launch, over 500 companies from 22 countries have applied for StartUp Health Academy with GE
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Anthem Unveils New Health Innovation Studio in Atlanta
This week, Anthem Inc. unveiled its new health Innovation Studio in midtown Atlanta’s Technology Square. The 6,500 square feet studio will house a multi-disciplinary team focused on creating new digital health solutions to enhance the consumer health care experience, improve the quality of care, and lower health care costs.The Innovation Studio work will focus on further advancing Anthem’s three strategic pillars: I. consumer experienceII. managing the cost of careIII. Provider
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Fitbit Acquires Wearable Payment Assets from Digital Wallet Coin
Connected health and fitness market Fitbit Inc. has acquired wearable payment assets of digital wallet startup Coin. The deal includes key personnel and intellectual property specific to Coin’s wearables payment platform. Currently, Fitbit states it has no plans to integrate Coin’s wearable payments technology into the 2016 Fitbit product roadmap. The acquisition also excludes Coin's 2.0 "universal card" solution. The company wrote on its blog that "Coin will no longer sell its line of smart
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Decisio Health Lands $4.5M for FDA-Cleared Clinical Intelligence Platform
Decisio Health, a Houston-based healthcare software company that helps acute-care provider organizations continually improve their clinical processes, announced today that it has raised $4.5 million in Series B funding. The round was led by DECLATEX, LLC with participation by the University of Texas Horizon Fund. The company also added Larry Lawson, founder of eCardio, as an investor and board member.In addition to the funding round, the company has launched their clinical intelligence
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Jean-Luc Neptune Outlines Blueprint Health’s Approach to Digital Health Innovation
Blueprint Health’s Jean-Luc Neptune explains what makes the accelerator tick and where he sees digital health innovation headed in healthcare.The tale of how digital innovations will revolutionize U.S. healthcare has yet to be fully told, but by now, we all know of its blockbuster beginning. Billions of investment dollars have poured into the space, yet building longevity in the market may be a different story for innovators all together.Last year, an Accenture study proposed more than half (51
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Regroup Therapy Nabs $1.5M for Virtual Mental Health Visits
Regroup Therapy, a telehealth startup providing virtual mental health visits to treat depression and other issues, announced it has raised $1.5 million in seed funding led by Hyde Park Angels. The funding also included participation from OCA Ventures, Impact Engine, New Stack Ventures, Harvard Business School Alumni Angels of Chicago and MD Angels. Grubhub co-founder Mike Evans and Lou Malnati's Pizzeria president Mark Agnew also invested in the seed round. Founded in 2011, the Chicago-based
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