Bangalore, India-based mobile health and fitness startup HealthifyMe has raised $6 million in Series A funding led by IDG Ventures India, Inventus Capital and Blume Ventures. The company is the only health app in India to receive Top Developer Badge – Google Play’s highest recognition for quality and innovation.The digital health startup plans to utilize the funding to scale its mobile weight loss app. Additionally, the company plans to hire 40 engineers, designers and product managers by the
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Lumin Medical Acquires Online Patient Reviews Software for Healthcare Providers
Patient satisfaction company Lumin Medical announced it has acquired the Online Reputation Management (ORM) assets from Implementing Technologies LLC. Lumin plans to integrate the ORM assets into its PatientTrak platform, a web-based tracking system that features cloud-based software solutions that bring visibility to the patient experience before, during and after a visit to his or her healthcare provider. The solution is designed to help healthcare operational and marketing leadership better
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Humana Makes Strategic Investment in Livongo Health for Diabetes Management
Humana has made a strategic equity investment in Livongo Health, a consumer digital health company that is empowering people with chronic diseases. The equity investment will support Livongo’s growth and help accelerate the launch of new diabetes management products and services. In the first phase of their partnership, Humana has made Livongo available to a select group of its members with successful results—delivering access to integrated diabetes management that combines consumer-focused
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Simplee Nabs $20M to Scale the Modern Patient Financial Experience
Israeli financial healthcare technology startup Simplee, today announced it has raised $20 million in Series C funding led by Social Capital, with participation from existing investors 83North and Heritage Group, and new investor American Express Ventures. Founded in 2010 by CEO Tomer Shoval, COO Roberto Rabinovich, and CTO Tom Tsarfati, Simplee offers providers a financial engagement platform that engages patients with a unified experience across the healthcare journey. From pre-service to
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Envera Health Raises $14M for Patient Engagement Optimization
Envera Health, a hands-on partner for optimizing provider and consumer engagement, empowering health systems to deliver their best patient care has raised $14M in funding led by Harbert Venture Partners (HVP) and Noro-Moseley Partners (NMP). Founded by CEO Dan Neuwirth, Envera Health's patient engagement optimization platform combines expertise, managed services, data, technology and infrastructure that enable our partners to achieve clinical, financial and growth objectives. Envera Health has
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Heritage Group Closes $220M Healthcare Innovation Fund
Backed by 15 leading national healthcare companies, Heritage Group, a Nashville-based, healthcare-exclusive, venture capital firm has announced the official closing of its latest Healthcare Innovation Fund at $220 million. The fund exceeded its original fund target by $20M and exceeded its prior Healthcare Innovation Fund by more than $50M. Founded in 1986 as a holding company for the entrepreneurial endeavors, Heritage’s unique VC model allows its strategic investors to actively engage in the
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Cardiac Insight Lands $2.5M for Portable, Hand-held ECG Device
Cardiac Insight, a University of Washington spinoff focused on developing advanced body-worn sensing for diagnostic testing in cardiology has raised $2.5 million in Series C funding. The company will utilize the funding to accelerate the market penetration of it's CardeaScreen™ product as well as finalize the development of the company’s proprietary wearable sensor technology.Cardea’s flagship product is the CardeaScreen, is a 12-lead electrocardiogram (ECG) exam that helps identify young
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Telehealth Startup WeCounsel Nabs $3.5M to Connect Mental Health Providers
WeCounsel, a HIPAA compliant turnkey telehealth platform that connects mental health providers to clients online has raised $3.5M in Series A funding led by Longmeadow Capital Partners, Point Judith Capital, and CVH Holdings. The company's solution serves as a turnkey virtual office for healthcare providers and businesses, complete with a custom video conferencing experience. We are fortunate to have seen so much success in the marketplace and to have translated that into a major investment from
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Verisk Analytics Unloads Healthcare Services Business for $820M
Verisk Analytics , a data analytics provider serving customers in insurance, energy, healthcare, financial services, government, and risk management and private equity firm Veritas Capital has signed an definitive agreement to acquire Verisk`s healthcare services business for $820M. The company hired Morgan Stanley to sell Verisk Health, its healthcare division back in October 2015, hoping to fetch between $900M to $1.08B from the acquisition. Financial terms of the $820M acquisition consists
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Nokia to Acquire Withings for $191M, Enters Digital Health Market
Nokia has announced plans to acquire Withings, the Frenchh-based connected health company with a family of digital health products including fitness bands, sleep-trackers, thermometers, watches and scales for for €170 million ($191 million) in cash. The acquisition is expected to close in early Q3, 2016 subject to regulatory approvals and customary closing conditions. The acquisition marks Nokia's official entry into the digital health market to help boost its ongoing renewal of Nokia
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