The digital health industry continues to grow at an unprecedented rate. In 2018, venture funding for digital health companies approached a record $8.1B in funding, according to Rock Health. These companies are striving to address important healthcare issues by developing products and service offerings in various categories like genome sequencing, analytics, telemedicine, mobile apps, and population health management tools—all with the promise of increased insights and patient engagement, and
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Care Coordination| Clinical Communication News, Analysis, Insights - HIT Consultant
Carisk Integrates with Valera Health to Optimize Care Coordination
Carisk Partners (Carisk), a specialty risk transfer and care coordination company, and Valera Health, a digital health startup have announced a strategic partnership to deliver an intuitive behavioral healthcare experience for patients. Valera Health leverages analytics and mobile tools that monitor, engage, and connect patients with care coordination teams. As part of the partnership, Carisk plans to utilize Valera technology to provide its care coordination teams with tools to optimize care
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Rock Health Q1 2019: Digital Health Funding Breaks $986M
Digital health funding reached $986M across 61 digital health deals in Q1 2019, according to Rock Health, a full-service venture fund dedicated to digital health. The Q1 2019 funding represents about half of the $1.62B that was raised a year ago in Q1 2018 but in line with 2017 and 31% below 2016.
Compared to the $1.2B in Q4 2018, quarterly funding has averaged $1.4B over the past two years (Q1 2017-Q1 2019). Rock Health signals the $986M invested in this past quarter are somewhat below
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Digital Prescribing Platform Xealth Raises $11M to Expand Digital Health Tools
Xealth, a Seattle-based digital prescribing platform has raised $11 million in Series A funding from McKesson Ventures, Novartis, Philips, and ResMed. Existing investors Threshold Ventures (formerly DFJ Venture), Providence Ventures, UPMC and Froedtert and the Medical College of Wisconsin health network also participated in the round.Xealth BackgroundSpun out of Providence St. Joseph Health in 2017, Xealth enables clinicians to prescribe and monitor digital healthcare content, apps, devices, and
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India-based Netmeds Acquires Clinic Management Platform KiViHealth
Netmeds, a Chennai, India-based online pharmacy announced on Monday it has reached an agreement to acquire KiViHealth, an India-based clinic management platform in a cash and stock deal. As part of the agreement, Netmeds will invest $10 million (Rs 70 crore) in KiVi Health to integrate and grow the KiViHealth business segment. The acquisition will help Netmeds to transform into a complete healthcare product and service company.
Founded in 2015 by Bhanu Mahajan and Rajandeep Singh,
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Report: 8 Barriers to Addressing Social Determinants in Population Health Programs
Social Determinants of Health (SDoH) initiatives are disrupting healthcare delivery and reimbursement, according to a national survey of leading health plans and other healthcare stakeholders. Commissioned and conducted by the HealthCare Executive Group and Change Healthcare, the 9th Annual Industry Pulse Survey report reveals a significant number of healthcare leaders are planning to offer programs addressing care coordination, transportation, food insecurity, and other factors for members over
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Unite Us Raises $35M for Care Coordination & Outcome Tracking Platform
Unite Us, an NYC-based care coordination and outcome tracking platform connecting healthcare and social service providers has raised $35 million in Series B funding. The funding round was led by Oak HC/FT, with participation from Town Hall Ventures and Define Ventures. Existing investors Scout Ventures, Luminate (part of The Omidyar Group) and New York Ventures. The latest round brings the company’s total funding to $45.3 million.
Comprehensively Addressing Social Determinants of
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Olio Raises $2.5M to Connect Acute & Post-Acute Providers by Specialty
Olio, a Carmel, IN-based digital communication platform that digitally connects hospital and physician teams with post-acute providers around the patient's healthcare episode type, announced today that it has raised $2.5 million in seed funding. The oversubscribed round was concentrated in strategic seed investors who explicitly understand the complexity of the healthcare environment, the challenges ahead within the industry, and the challenge that Olio addresses.
Olio
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Hill-Rom Acquires Mobile Communication Platform Voalte for $180M
Mobile technology company Hill-Rom Holdings, Inc., today announced it has acquired Voalte, a Sarasota, FL-based real-time, mobile healthcare communications for $180 million in cash and up to an additional $15 million in payments related to the achievement of certain commercial milestones. For the Hill-Rom, the acquisition will accelerate its capabilities in clinical communication. Founded in 2008, Voalte develops smartphone solutions that simplify caregiver communication. Ranked number-one and
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Study: Clinicians Feel More Comfortable Sharing Patient Information through Secure Communication
Clinicians feel more comfortable sharing patient information using a secure communication tool, according to findings from a secure mobile communication study conducted by Island Health in Victoria, British Columbia, Canada. The research evaluated Vocera Collaboration Suite across acute care and community practice settings on Vancouver Island. The study, which included feedback from more than 100 clinicians, evaluated the mobile application to understand the impact of secure texting on care
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