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Aging Care

Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors

by Fred Pennic 10/09/2019 Leave a Comment

Papa Raises $10M to Expand “Grandkids on Demand” Platform to Address Social Isolation in Seniors

- Papa raises $10M in Series A funding to expand “grandkids on-demand” platform to help reduce social isolation in seniors. - Adds partnerships with multiple large health insurance plans, including Humana, Aetna, Priority Health and Alignment Healthcare. - Papa will use the funding to expand its services to a broader population of older adults, via partnerships with additional insurance plans and employee benefits provider.Papa, a digital health company that provides “grandkids on demand” to
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Mon Ami Lands $3.4M to Tackle Social Isolation in Aging with Companions

by Fred Pennic 10/03/2019 Leave a Comment

Mon Ami Lands $3.4M to Tackle Social Isolation in Aging

- Mon Ami raises $3.4M in seed funding led by Freestyle Ventures and Cowboy Ventures to tackle social isolation in aging. - By pairing older adults with college students for social visits, Mon Ami's marketplace focuses on life enrichment, not just life extension and fills a much-needed gap in the home care service industry. Mon Ami, a Palo Alto, CA-based digital health company tackling social isolation in aging, today announced the closing of its $3.4M seed financing led by Freestyle
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XLerateHealth Unveils 2019 Louisville Cohort of 9 Digital Health Startups

by Fred Pennic 07/31/2019 Leave a Comment

XLerateHealth Accelerator Unveils Its Sixth Class of 10 Digital Health Startups

XLerateHealth, a Louisville, KY-based healthcare accelerator announced it has selected nine digital health startups to participate in its 2019 Louisville accelerator cohort.  This is the 8th cohort to be selected into the bootcamp program since XLH’s launch in 2013.XLerateHealth (XLH) Accelerator Program OverviewThe accelerator’s 12-week intensive program will help the early-stage healthcare companies build out their commercialization strategy, which includes their intersection with Payers,
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StartUp Health:10 Trends Driving the Future of Aging Care

by Fred Pennic 10/23/2015 Leave a Comment

According to the American Medical Student Association, the population of individuals over the age of 65 will increase by 73 percent between 2010 and 2030, meaning 1 in 5 Americans will be a senior citizen. For the next 20 years, about 3 million baby boomers will hit retirement age yearly. With the tsunami wave of boomers getting older and multiple chronic conditions is set to place a tremendous financial burden on the US healthcare system, especially as it related to Medicare. Census Bureau
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