Vida Health, a personalized virtual care platform for physical and behavioral health has raised $30M in Series C funding from strategic investors including GuideWell Mutual Holding Corporation, Teladoc Health, and Workday Ventures. Existing investors from previous rounds also participated.Impact of Chronic Disease in the U.S.Sixty percent of adults in the United States have one chronic disease, and 40% have two or more. More than 68% of adults with a mental health condition have at least one
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Collective Health Lands $250M to Simplify Employer-Sponsored Health Insurance
Collective Health, a San Francisco, CA-based provider of a employer-sponsored health insurance platform has raised $205 million in Series D funding led by SoftBank’s Vision Fund with participation from GV, Founders Fund, Maverick Ventures, NEA and Sun Life. The latest round brings the company total funding to date at $435M.$1.2 Trillion Market Opportunity“With U.S. healthcare costs at $3.65 trillion in 2018, Collective Health is reinventing the healthcare experience for companies and their
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Solera Health Raises $42M to Scale Integrated Benefit Network for Chronic Disease Prevention
Solera Health, a Phoenix, AZ-based technology-enabled integrated benefit network has raised $42 million in Series C funding led by HCSC Ventures. Current investors BlueCross BlueShield Venture Partners/Sandbox Advantage Fund, Adams Street Partners and SJF Ventures also participated in the most recent funding round. The Series C round, Solera's largest to date, brings its total funding to $72 million.Integrated Benefit NetworkFounded in 2015, Solera Health serves as an integrated benefit network
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10 Major Barriers Hindering The Digitalization Of Chronic Conditions
Hundreds of millions of patients are affected by chronic diseases globally, often suffering from several of them. Despite such a huge opportunity, the coverage of chronic conditions with digital solutions is still below the acceptable level. Today, more than twenty common chronic conditions have its own specificity and are currently at its digital development stage, yet all of them face the same challenges in the digital health market, according to a recent Research2Guidance report.The report,
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Livongo Acquires Digital Behavioral Health Solution myStrength
Livongo Health, an Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced that it has acquired Denver-based myStrength, Inc., a provider of digital behavioral health solutions. Financial terms of the acquisition were not disclosed. The acquisition enables Livongo to more fully address the health of the whole person by integrating behavioral health conditions including depression, anxiety, stress, substance use disorder,
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Brook Lands $4M for AI-Powered Diabetes Assistant App, Partners With Independent Health
Brook, a Seattle-based personalized diabetes assistant app platform for personal empowerment and intelligent support has raised $4M in funding from a group of investors. In addition to the funding, the startup has inked a strategic partnership with Independent Health, a Western New York State health plan to provide enhanced resources to help its 380,000 members self-manage their care and make the best decisions about their health. The partnership builds on the 2017 pilot program with Independent
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Solera Health Raises $18.3M to Expand Integrated Chronic Disease Prevention Services
Solera Health, a technology-enabled personalized preventive health network has raised $18.3 million in Series B funding led by Adams Street Partners. Existing strategic investors Blue Cross Blue Shield Venture Partners, Sandbox Industries and social impact fund SJF Ventures also participated in the round. The latest round brings the company’s total capital raised to $30.3 million.Solera plans to use the funding to meet market demand for the Medicare DPP benefit in addition to expanding its
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ResApp Licenses New Algorithm to Improve Diagnostic Screening for Childhood Pneumonia
ResApp Health Limited, a digital health startup provider of smartphone apps for respiratory disease diagnosis and management has signed a licensing agreement with UniQuest, the main commercialization company of The University of Queensland. The licensing agreement includes an additional diagnostic toolset of machine-learning algorithms that use a combination of clinical features to screen for childhood pneumonia. Pneumonia is the leading cause of mortality for children below five years of age.
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Solera Health Nabs $4M to Scale Its Diabetes Prevention Platform
Solera Health, a technology-enabled personalized preventive health network has raised $4 million in Series A1 funding with participation in the round includes BlueCross BlueShield Venture Partners (BCBSVP), Sandbox Industries and SJF Ventures. In November 2015, Solera closed a $3 million Series A round, bringing its total capital raised to $7 million.The company will utilize the funding to scale its operations to meet the growing demand by health plans for the National Diabetes Prevention
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New Pain Diversion Technology Helps Ease Patient Discomfort
Editor’s Note: This post is sponsored by Samsung. A new case study has been released in conjunction with Southern Hills Hospital, Samsung and AccendoWave, creator of a patient satisfaction platform that provides feedback on a patient’s pain level and distress. With the help of Samsung’s mobile devices, AccendoWave partnered with Southern Hills in a six-month pilot program to test the pain diversion technology in an effort to understand and help ease patient discomfort and create better patient
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