Cloud based, specialty-specific EMR provider, Modernizing Medicine has announced that it has closed $15M of an expected $20M in venture capital funding led by Summit Partners and Pentland Group. Many of the company's investors are medical specialists who use EMA bringing its total funding to $44M. The EMR provider currently serving eight different medical specialties, more than 4,000 providers have adopted Modernizing Medicine’s EMA in their practices.
Developed by surgical physicians, EMA
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
3 Finalists Announced in Chicago Open Innovation Challenge
The American Heart Association today announced the top three finalists for the inaugural Chicago Open Innovation Challenge focused on discussing innovative ways to accelerate science and to better understand how to treat heart disease and stroke. Finalists were chosen after raising more than $33k in crowdfunding on MedStartr from patients, doctors, nurses, hospital leaders, professors, and concerned citizens. The three finalists will present their projects in person and compete for grants
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Intermountain & Healthbox to Launch New Healthcare Innovation Model
Intermountain Healthcare and Healthbox have announced the launch of their unique healthcare innovation and venture model that harnesses internal creativity and external disruption. While the physical structure for this endeavor is being developed in Salt Lake City adjacent to the system’s flagship medical center, the Innovation at Intermountain initiative is already stimulating collaboration between inventors, entrepreneurs and healthcare industry experts alike to improve quality and service
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MD Insider Closes Largest AngelList Investment Round Ever
MD Insider, a big data healthcare innovator that significantly reduces healthcare costs for employers, today announced that it closed a $1.5 million investment - the largest online investment round ever raised on AngelList, the leading technology startup equity investing platform. The syndicate was led by renowned investor, Tim Ferriss, best-selling author and early investor/advisor to companies including Facebook, Twitter, Evernote, and Uber. MD Insider is now the #1 most active company and the
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GE Healthcare Launches Health Innovation Village for Startups
Today GE Healthcare announced the official opening of Health Innovation Village, its first health tech startup campus located in Finland. Located at GE’s campus in Helsinki, the village was conceived by Didier Deltort and Mikko Kauppinen – country manager and finance manager at GE in Finland. Their goal is to turn the village into a leading centre of healthcare innovation.
The Health Innovation Village is already home to 20 health tech startups covering technology innovations that feed into
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5 HIPAA Hurdles for Health App Developers
What will it take for health app developers to achieve HIPAA compliance and protect your personal health data? Medable's CEO Dr. Michelle Longmire explains.
What happens when personal data pervades healthcare to the point that it requires HIPAA-compliant protections? That was the question asked ‘round the healthcare world when Apple released its HealthKit platform in September. While Apple is striving to connect its consumer products within the clinical world, app developers are both
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3 Finalists Named in Boston Children’s “Innovation Tank”
Boston Children’s Hospital today announced the three finalists selected to compete for $30k and investment advice from industry leaders in the hospital’s first “Innovation Tank” to be held Friday, Oct. 31, 2014, at Boston Children’s Global Pediatric Summit + Awards, Taking on Tomorrow (#PedInno14), at the Seaport World Trade Center.
"Innovation Tank" Details
Sponsored by Phillips Healthcare, startups will pitch their business or product solution designed to improve pediatric care to a panel of
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TechCrunch Disrupt Europe Takes Digital Health Startups Seriously
Written by Ben Heubl, edited by Susan Williams
This year’s TechCrunch Disrupt Europe Conference in London presented the audience with more digital health innovation than ever before. Mike Butcher, Editor At Large at TechCrunch Europe expressed excitement at the increased tech startups emerging from Europe. The conference had a massive health angle, and as always, TechCrunch hackathons stimulated fantastic creativity towards building digital health solutions. Without further ado, behold these
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Welltok Nabs $25M to Optimize Consumer Health
Welltok, developer of the CaféWell Health Optimization Platform, announced it closed on $25 million of a planned $37 million funding round led by Bessemer Venture Partners (BVP). Welltok will close out the round later this year with a select group of innovative organizations from across the healthcare industry. The new funds will be used to further accelerate the company’s impressive growth to-date and expand into new market segments as the industry moves to a more consumer-centric approach
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Health IT VC Funding Tops $956M in Q3 2014
Health IT VC funding reached $956 million in 212 deals in Q3 2014,a decline of 46 percent in terms of dollars compared to the massive $1.8 billion in 161 deals raised in Q2 2014, according to a new Mercom Capital Group report. However, Q3 2014 was still the second highest quarter for VC funding since 2010. Total VC funding year-to-date adds up to $3.6 billion.
Consumer-focused technologies received 65 percent of all VC investments in the third quarter of 2014, with $623 million
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