AllyAlign Health, a Richmond-based developer and administrator of Medicare Advantage special need plans that benefit long-term care providers has raised $10M in strategic funding led by McKesson Ventures. Existing investors Heritage Healthcare Innovation Fund, Health Enterprise Partners and the LinkAge Fund also participated in the financing. This brings the total capital raised to over $41 million.AllyAlign Health BackgroundAllyAlign Health (AAH) began reforming the health system in 2014 by
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The Rise of Real-Time Location Tracking (RTLS) Adoption in Healthcare
The healthcare industry is one where inefficiency leads to significant productivity losses and could contribute to loss of life.That's why a system that keeps track of people, medicines and other essentials is exceptionally advantageous in that sector. Besides boosting productivity, real-time location systems (RTLS) could increase patient satisfaction and more.RTLS Adoption in Healthcare Is On the RiseA forecast showing the state of the RTLS healthcare industry predicts the total worth will
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SMART Brain Aging Launches First Scientifically-Supported App for Early Stage Dementia
Healthcare technology company SMART Brain Aging, Inc. has announced that its one-on-one patient intervention program for aging brain health -- Brain U Online -- is now available to adults age 50+ through online subscription and iOS app, Brain U Lite. The new program is the result of 5 years of clinical trials with more than 3,000 participants at Harvard Medical School/Boston University School of Medicine. Used by the country’s leading memory care facilities, Brain U Online and Brain U Lite are
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Cytox Collaborates with Mayo Clinic to Develop New Algorithms to Evaluate Genetic Based Approaches for Assessing Alzheimer’s Risk
Cytox, a precision medicine company focused on commercializing polygenic risk scoring (PRS) approaches for assessing genetic risk for developing Alzheimer’s has entered into a research collaboration with Mayo Clinic to test current and develop new proprietary algorithms relating to the diagnosis and prognosis of Alzheimer’s disease. Under the agreement Cytox will assess genetic risk for developing Alzheimer’s disease using its current commercially available approaches developed to run on the
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BrainCheck Raises $3M for Neurocognitive Disorders Tracking App
BrainCheck, a mobile brain health tracking solution has raised $3 million in seed funding to expand team and add tools for dementia and other neurocognitive disorders. Founded in 2014 by renowned neuroscientist Dr. David Eagleman, BrainCheck uses simple iPad or desktop screen games to measure, reaction time, visual processing, cognitive processing, coordination and memory in just a few minutes. Thousands of student athletes across multiple sports already use the app to establish their baseline
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20 Promising Canadian Digital Health Companies to Watch
“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups.
A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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