Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reach $2 billion in funding in Q1 2019, according to market research firm Mercom Capital. The Q1 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals $2B in funding across 149 deals compared to $1.4B across 142 deals in Q4 2018. VC funding in Q1 2019 was down 19% compared to the same quarter of last year (Q1 2018) when nearly $2.5 billion was raised in 187
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Cityblock Raises $65M to Address Social Determinants of Health in Underserved Communities
Cityblock, a Brooklyn, NY-based company building sustainable, scalable systems that provide high-quality, cost-effective care for underserved populations with complex health needs has raised $65 million in Series B funding. The funding was led by Redpoint Ventures, 8VC (affiliate venture fund with Cambia Health Solutions and Blue Cross and Blue Shield of North Carolina), Echo Health Ventures and StartUp Health including existing investors Sidewalk Labs, Thrive Capital, Maverick Ventures, Town
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Sonde Health Nabs $16M to Commercialize Vocal Biomarker Device to Diagnose Diseases
Sonde Health, a Boston-based digital medicine company developing a vocal biomarker device to transform the way we monitor and diagnose our mental and physical health has raised $16 million in Series A funding. The round was led by M Ventures (the corporate venture capital arm of Merck KGaA, Darmstadt, Germany), with participation from MP Healthcare Venture Management, Inc. (the corporate venture capital arm of Mitsubishi Tanabe Pharma Corporation), Neoteny 4, LP, Canepa Healthcare, and founder
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Imprivata Integrates Biometric ID with Verato’s Patient Matching
Imprivata, a healthcare IT security company, and Verato, a provider of patient identity matching solutions, today announced an integration partnership to offer a comprehensive solution for patient identification and record matching challenges. The integration will link links Imprivata PatientSecure, a positive patient identification solution for healthcare, with Verato Universal™ MPI, a cloud-based master patient index (MPI) solution powered by Verato’s proprietary referential matching
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4 Pillars of Value for AI in Medical Imaging
At ECR this year, there were over 25 independent software vendors (ISVs), many of them start-ups, showcasing artificial intelligence (AI) solutions for medical imaging within a dedicated space. Additionally, with established imaging vendors foraying into the AI space, what was once the hype is now in the early stages of market maturity, and, it appears, AI within medical imaging is here to stay. The question has now shifted to what clinical value AI solutions can provide, rather than if AI is
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Epic, Impact Advisors and Premier Named 2019 Overall Best in KLAS
Epic was named the top Overall Software Suite for the ninth consecutive year in the newly released Best in KLAS2019 Software & Services report. In addition to the overall software suite award, Epic was named the top Overall Physician Practice Vendor, won Best in KLASawards in nine segments, and won Category Leader awards in two segments. Understanding Best in KLAS Best in KLAS is based on information obtained from the 2,500 interviews KLAS conducts with providers and payers each
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4 Barriers to Overcome Before AI in Medical Imaging Becomes Mainstream
The world market for artificial intelligence (AI) in medical imaging, comprising software for automated detection, quantification, decision support, and diagnosis, is forecasted to reach $2 billion by 2023, according to a new report from Signify Research, an independent supplier of market intelligence and consultancy to the global healthcare technology industry. The report, “Machine Learning in Medical Imaging – 2018 Edition” provides a data-centric and global outlook on the current and
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DreaMed Diabetes Granted FDA Approval for Personalized Diabetes Decision Support Solution
DreaMed Diabetes, an Israeli-based developer of personalized diabetes management solutions, today announced that the U.S Food and Drug Administration (FDA) has granted a De Novo request for DreaMed Advisor Pro, an artificial intelligence (AI)-based diabetes treatment decision support software. Advisor Pro is indicated to assist healthcare providers in the management of people with type 1 diabetes who use insulin pumps and continuous glucose monitoring (CGM).The announcement marks the second
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Change Healthcare Acquires National Decision Support Company
Change Healthcare announced the acquisition of National Decision Support Company (NDSC), a cloud-based solutions that deliver medical guidelines to the point of care through leading electronic health record (EHR) systems. The addition of NDSC accelerates the efforts of Change Healthcare to leverage evidence-based clinical information and next-generation technologies to reduce cost and help ensure appropriate care. Financial terms of the acquisition were not disclosed. NDSC and the Change
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What Dogs Can Teach Providers about Designing Care Plans
Several studies have shown that if dog owners are told to walk their overweight dog more often to improve the dog’s health, the dog owners will comply, and also lose weight themselves. Their concern for their dog’s health makes the goal of increased exercise an easy one to follow. The regimen combines the pleasurable activity of spending time with a pet with a healthy activity–walking. In this way, the dogs become accidental health coaches for the human patients, encouraging them to be more
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