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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Health IT VC Funding Soars to $1.8B in Q2 2014

by Jasmine Pennic 07/16/2014 Leave a Comment

Health IT VC Funding Q2 2014

Health IT VC funding soared to $1.8 billion in 161 deals in Q2 2014, more than double the $861 million raised in 164 deals in Q1 2014, according to a new Mercom Capital Group report. Ten of those deals were for over $50M each. The $2.6B raised so far this year has already exceeded the $2.2B raised in all of 2013. There were 263 investors that participated in these funding rounds.  Practice-centric companies received 61 percent of all VC investments in Q2 2014, with $1.1B in 61 deals.
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Validic Expands Digital Health Ecosystem by 44% with Infometers Acquisition

by Fred Pennic 07/08/2014 Leave a Comment

Keep your Eyes on Mobile Health Startup Validic 1

Validic, the healthcare industry's premier technology platform for accessing digital and mobile health data, announced today the acquisition of Infometers Inc., a Silicon Valley-based technology company that connects remote healthcare monitoring devices to the healthcare system. With this acquisition, Validic's digital health ecosystem increases 44% enabling Validic clients – including hospitals, physicians, payers, pharma and wellness companies – greater access to key patient data from
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Rock Health: Digital Health Funding Breaks $2.3B In First Half of 2014

by Jasmine Pennic 06/30/2014 Leave a Comment

Rock Health: Digital Health Funding Tops $2.3B In First Half of 2014

Digital health funding totals $2.3B in the first half of 2014 according to recent 2014 Midyear Digital Health Funding Report by Rock Health. Rock Health, provider of full-service funding to promising entrepreneurs breaking into healthcare today released their 2014 Midyear Digital Health Funding Report, an in-depth analysis report of digital health funding in first half of 2014. The report found funding of digital health companies continued to grow overall, totaling $2.3B in the first half of
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CareCloud Nabs $25.5M in Venture Debt from Hercules Technology Growth Capital

by Fred Pennic 06/26/2014 Leave a Comment

CareCloud, provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced that it has received a $25.5 million debt financing commitment from Hercules Technology Growth Capital, Inc., the leading specialty finance company focused on providing senior secured loans to venture capital-backed companies in technology-related markets, including technology, biotechnology, life science, and energy & renewable technology
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Healthbox Expands Program to Salt Lake City, Partners with Intermountain and HealthEquity

by Fred Pennic 06/24/2014 Leave a Comment

Healthbox

Healthbox, a healthcare technology focused business accelerator today announced it is expanding its accelerator program to Salt Lake City this August. Additionally, it has established partnerships with Intermountain Healthcare, HealthEquity, Zion’s Bank and BD (Becton, Dickinson and Company). The accelerator is currently looking for health tech startups, regardless of development stage, that meet the needs of a rapidly changing healthcare industry. The companies selected for the 16-week program
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16 Healthcare Gamification Startups to Watch in 2014

by Fred Pennic 06/16/2014 1 Comment

Healthcare Gamification Startups

  An in-depth look at sixteen of the most promising healthcare gamification startups to watch in 2014 and beyond. Video games aren't just for kids anymore. The earliest gaming consoles kept players stationary and sedentary, and thus became an object of concern in a world of rising obesity rates, diabetes and other health scares. But then came games that required players to move -- to participate with their physical bodies. That opened up a whole new world of gaming that is quickly morphing
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Kareo’s CEO Dan Rodrigues Shares Tips on Selling to Doctors

by Fred Pennic 06/14/2014 Leave a Comment

Kareo's CEO Dan Rodrigues Shares Tips on Selling to Doctors

In this video, Kareo CEO and Founder and seasoned healthcare entrepreneur Dan Rodrigues shares his tips on selling to doctors and bootstrapping a healthcare startup with Rock Health.
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BetterDoctor’s New Mobile Health App Integrates Medicare Provider & Payment Data

by Fred Pennic 06/12/2014 Leave a Comment

BetterDoctor's New Mobile Health App

BetterDoctor, a company focusing on simplifying doctor discovery and booking has announced today that its mobile health app is the first to integrate Medicare's provider and payment data. The Medicare procedure and pricing data integration will help consumers make more informed decisions by providing a view to the most common procedures by over 800,000 providers that received payments in 2012 from Medicare Part B, which covers doctor visits, tests and other treatments. An example of what the
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Health Wildcatters First Class Raises $5M in Funding 6 Months After Pitch Day

by Fred Pennic 06/10/2014 Leave a Comment

Health Wildcatters First Class Raises $5M in Funding 6 Months After Pitch Day

Health Wildcatters’ (HW) alumni startups are celebrating the accomplishment of raising almost $5M in funding only six short months after pitch day. The first HW Class had twelve diverse companies that are changing the way healthcare is delivered and practiced. With more mature healthcare focused accelerators and incubators out there, this is a good sign the program is establishing itself as an established program for promising healthcare innovators. 
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Telehealth Startup VoCare Announces Partnership with Motorola

by Fred Pennic 06/08/2014 Leave a Comment

VoCare, Inc

VoCare, Inc.—Powered by Motorola offers a comprehensive telehealth product for the elderly and chronically ill that combines its MySimpleOne smart phone with unlimited voice, text, and data, along with a Personal Emergency Response System (PERS) safety button, medical peripherals; charging base and speakerphone, to form a comprehensive FDA cleared remote patient monitoring solution. The VoCare solution is offered directly to consumers as a pre-packaged kit that includes a combination of
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