- 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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BrainCheck Nabs $8M for Cognitive Health Tracking for Seniors and Families
- BrainCheck closes $8M in Series A funding round to empowers physicians with a better way to assess cognitive impairment & dementia. - Comprehensive cognitive health solution transforms assessment and treatment of patients with cognitive impairment, including the 10% of seniors with dementia, and enables physicians to deliver personalized treatment plans. - BrainCheck will utilize the new funds to grow its footprint among physician groups and continue to expand into enterprise healthcare
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Research: Apple Devices Could Detect Early Alzheimer’s Disease (AD) Dementia
Eli Lilly, Evidation Health, and Apple has released initial results from a feasibility study that reveals an iPhone, Apple Watch, iPad, and the Beddit sleep monitoring device, in combination with digital apps, may be able to differentiate people with mild cognitive impairment (MCI) and mild Alzheimer's disease dementia. The exploratory results were presented today at the Association for Computing Machinery's KDD conference in Anchorage, and are published on the conference website.Impact of
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Neurotrack Raises $21M for Digital Cognitive Health Platform
Neurotrack, a Redwood City, CA-based digital health company has raised $21 million in Series C funding round led by existing investor Khosla Ventures, with new strategic investments from Dai-ichi Life and SOMPO Holdings, and participation from existing investors Sozo Ventures, Rethink Impact, and AME Cloud Partners. The new round brings the company's total funding to date to more than $50 million.Alzheimer's is quickly becoming the greatest healthcare challenge of our generation, but its impact
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Accenture Launches AI-Driven Solution to Tackle Elderly Loneliness
Accenture has released a groundbreaking new project that uses a unique
conversational
artificial intelligence to address the challenges of elderly loneliness. The
project named Memory Lane is being used by Accenture Interactive and Stockholm Exergi, one of Sweden’s largest energy suppliers to provide an
innovative social solution which allows people, particular the elderly, to
capture memorable stories for future generations while also providing
companionship.
Project Memory Lane
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AllyAlign Health Raises $10M to Power Value-Based Care for Seniors
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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