Berlin, Germany-based digital health company Cara Care, announced today that it has secured $7 million in Series A funding led by Johnson & Johnson Innovation – JJDC, Inc. (JJDC) and Barcelona-based VC firm Asabys Partners with participation from existing investor Atlantic Labs. Cara Care was part of the Microsoft Accelerator and winner of the GlaxoSmithKline Transforming the Future of Self-Care Challenge in the category “Digital Health Technologies.” Cara Care has raised more than $9
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digital health
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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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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How Patients Suffer From The Worst Kept Secret in Health IT
Recently, articles in The Atlantic and Fortune highlighted a risk that plagues the healthcare system but is rarely talked about. The in-depth pieces uncover real-life patient stories resulting from mismatched and incorrect patient medical records. These tragic stories unfold in the articles and highlight scenarios that include permanent brain damage in a 5-year old; a cancer scare due to an incomplete radiological history; the missed diagnosis of a fatal brain aneurysm in a 47-year old woman;
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Novant Health Launches Institute of Innovation & Artificial Intelligence
Novant Health has launched the Novant Heath Institute of Innovation & Artificial Intelligence (AI), which will use AI to enhance personalized patient care. The institute will focus on the advanced technologies required to provide highly personalized care and accelerated solutions with actionable data and insights for preventive prediction, diagnosis, and treatment to Novant Health’s patients.Novant Heath Institute of Innovation & AI OverviewThe institute will partner with technology
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2019 MedTech Breakthrough Award Category Winners Announced
MedTech Breakthrough, a market intelligence organization that recognizes the top companies, technologies, and products in the global digital health and medical technology market has unveiled the results of its 2019 MedTech Breakthrough Awards program, showcasing technologies and companies that drive innovation and exemplify the best in medical and health-related technology solutions across the globe.MedTech Breakthrough Awards Program OverviewThe MedTech Breakthrough Awards program is the
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Boston Medical Center Joins Medicaid Transformation Project with 27 Health Systems
AVIA, the nation’s leading network for health systems seeking to innovate and transform, today announced that Boston Medical Center (BMC), the largest safety net hospital and busiest trauma and emergency services center in New England is one of AVIA’s newest members. BMC will collaborate with 27 health systems in the Medicaid Transformation Project (MTP), which is led by AVIA and Andy Slavitt, former acting administrator of the Centers for Medicare & Medicaid Services.
Medicaid
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Redox Integrates With OpiSafe to Provide Opioid Risk Reduction Services Nationwide
Redox, a health data integration platform, today announced an integration partnership with OpiSafe to expand the use of OpiSafe’s comprehensive pain medication management web and mobile platform to help thousands of providers across the country prescribe and treat pain more effectively while avoiding bad outcomes.Integration BenefitsThe opioid epidemic requires innovative approaches and the digital health industry is taking steps to make inroads against this crisis. As part of the partnership,
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EMR Connects Patients to Digital Health Coaches, Increasing Adherence
Millions of Americans with chronic conditions rely on health coaches to manage and improve their conditions through diet, exercise, and medication management. However, the patient enrollment process for a health coach is currently outside of the clinical Electronic Medical Records (EMR) workflow, delaying the coordination between patient and coach to several weeks and months. This delay has significant potential to derail a patient’s initial introduction with their coach, oftentimes outside of
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Pillo Health Raises $11M to Expand Personal Home Health Robot
Pillo Health, a Boston-based digital health company improving longevity and quality of life for patients managing their health at home has raised $11M in Series A funding, led by Stanley Black & Decker’s corporate venture capital arm with significant participation from Samsung Ventures. Existing investors, including BioAdvance, Hikma Ventures – the corporate venture capital arm of Hikma Pharmaceuticals PLC – Hackensack Meridien Health System’s Innovation Center Fund and
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