Cala Health, Inc., a San Francisco, CA-based bioelectronic medicine company developing wearable therapies for chronic disease has raised $50 million in Series C funding. New investors in the Series C funding round include Novartis, Baird Capital, LifeSci Venture Partners, TriVentures, and others. All existing investors participated in the round, including Johnson & Johnson Innovation – JJDC, Inc. (JJDC), Lux Capital, Lightstone Ventures, Action Potential Venture Capital, dRx Capital, and
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Healthcare Innovation | News, Analysis, Insights - HIT Consultant
Miraki Innovation Launches $175M Medical Technology Breakthrough Fund
Miraki Innovation has announced the launch of the Medical Technology Breakthrough Fund, a $175 million fund that will help finance and build the next generation of innovative medtech companies.Marking the third fund for Miraki’s founder, Chris Velis, Miraki's Medical Technology Breakthrough Fund will help support the company’s mission of identifying and solving the world’s most pressing health challenges through technology. Miraki leverages Chris’ unique, efficient and proven approach to
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Greenway Appoints Dr. Geeta Nayyar As New Chief Medical Officer
Greenway Health, a health information technology and services provider, has appointed Dr. Geeta Nayyar chief medical officer. Dr. Nayyar is a nationally recognized leader in health information technology as well as a practicing physician. Under her leadership, Dr. Nayyar will drive the development of Greenway’s next-generation EHR from a physician’s perspective.
Greenway’s Intergy platform will evolve into the company’s state-of-the-art platform, now in development as Project Polaris, and will
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MATTER, rMark Bio Launch AI-Powered Healthcare Innovation Matchmaker, Origin
MATTER, a Chicago, IL-based healthcare incubator and innovation hub, and rMark Bio, a life sciences AI company announced the launch of Origin™ — a new product to further accelerate healthcare innovation via collaboration. Exclusively available to the MATTER community of startup members and partner organizations, Origin combines the power of machine learning with MATTER’s expertise in vetting, coaching and convening to match pharmaceutical companies, payers and health systems with the right
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How Consumer Technology is Influencing Healthcare Innovation
When it comes to healthcare, we look to physicians, nurses, and specialists and trust them to be the experts when it comes to our health, but we don’t typically look to them to be technology experts. In fact, the healthcare industry, especially the back office, has been historically slow to adopt new technology, relying on paper records and pagers, fax machines and even hand delivery of files and records. Many clinics are not equipped to digitally connect to another office’s patient records.
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NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India
NASSCOM and GE Healthcare have formed a strategic partnership to foster healthcare innovation to bring digital health solutions to the market in India. NASSCOM CoE-IoT is India’s largest deep-tech Innovation hub for startups that provides a platform for collaborative innovation.Strategic Partnership DetailsThrough NASSCOM’s Center of Excellence-Internet of Things (CoE-IoT), GE Healthcare will work with India-based startups to co-create solutions for real-world healthcare challenges in the areas
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Fundamental Surgery Becomes First VR Surgical Training Simulation to Gain CPD Accreditation
FundamentalVR, developers of
immersive training technology for the surgical community, has announced its
platform Fundamental Surgery, which combines
virtual reality with haptics (the sense of touch), has received Continuing
Professional Development (CPD) accreditation by The Royal College of
Surgeons. The accreditation
marks Fundamental Surgery as the first surgical simulation that combines VR
with haptics (the sense of touch) to receive CPD points.
Impact of
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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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HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies
HealthQuest Capital, a Silicon Valley-based growth capital firm has closed a $440 million fund to invest growth-stage companies delivering innovation across all sectors of the healthcare industry to improve patient outcomes, enhance efficiency and reduce costs. Fund III was oversubscribed and closed at a hard cap. Target markets for Fund III include growth- and commercial-stage companies focusing on medical technologies, diagnostics, digital health, and innovative services.HealthQuest Capital
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Research: Doctors More Likely to Prescribe Therapies Using EMR Dashboards
Purely educating doctors about the importance of prescribing certain therapies may not be enough to make a meaningful impact, according to a new Penn Medicine study published in the Joint Commission Journal on Quality and Patient Safety. Using acid suppression therapy--an effective method of reducing the risk of gastrointestinal bleeding in vulnerable cardiac patients--Penn researchers tested interventions that utilized both education and an EMR dashboard to provide doctors with up-to-date
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