What You Should Know: - Simple HealthKit raises $8M in Series A funding led by Initialized Capital to address health inequity with the first human-centric, end-to-end healthcare platform that builds and delivers diagnostics, treatment and follow-up care for all - The Series A round also included participation from seed investors Kleiner Perkins, Kapor Capital and Quest Venture Partners, bringing Simple HealthKit’s total funding to date to $12M. End-to-End Diagnostics and Digital Health
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Healthkit
Lumen Raises $62M for Handheld Device to Measure Metabolic Health
What You Should Know: - Lumen, the metabolic health company behind the first handheld device to measure your metabolism through the breath, today announced that it has raised $62M in a series B funding round led by Pitango Venture Capital. - Participating investors include Hanwha Group, Resolute Ventures, RiverPark Ventures, Unorthodox Ventures, Almeda Capital, and Disruptive VC. World’s Largest Platform For Measuring Metabolism To Expand Business Growth and Research Lumen helps
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5 Factors to Consider When Developing a Health Data Platform
The conversation around whether a healthcare startup should build a data platform or buy one isn’t anything new. In fact, this has been a debate since cloud-based technologies rose to popularity—we’re just now seeing more startups enter the space and opt to build their platforms internally. Startups choose to build their data platforms for several compelling reasons. For example, it could give them greater control over their data security and architecture or they feel they know their data
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Apple Adds Medication Tracking to iPhone. How Will It Impact The Specialty Patient Journey?
Imagine visiting your doctor’s office. Instead of swiping a copay card and filling out a paper form by hand, the receptionist says, “We take Apple Health.” You wave your iPhone over a digital kiosk, instantly uploading your current medical record and insurance information. Your copay is then deducted from a health savings account. Voila! The doctor will see you now. This scenario is no longer relegated to the distant future.
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Report: How Apple Is Advancing Digital Healthcare Transformation
What You Should Know: - Apple has shared a new report that offers a snapshot of the ways Apple products are empowering people to be at the centre of their health, and acting as an intelligent guardian for their health and safety. - The report covers Apple’s two-pronged approach to advance health: Apple’s focus on personal health and fitness features on Apple Watch and iPhone, and Apple’s work with the medical community to support research and care. Empowering Users on Their Personal
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DrChrono’s Open FHIR API Enables Patients to Transfer Records to Apple Health
What You Should Know: - DrChrono announces today that its open FHIR API is now live enabling its patient members to securely transfer their available health records out of DrChrono into the Apple Health app on the iPhone so their medical information is consolidated and always with them. - The Health Records feature is part of the Health app, which also shows activity, heart rate, nutrition and other health data consolidated from iPhone, Apple Watch and HealthKit-enabled third-party
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Thinking Pink: The Case for Femtech in 2020 & Beyond
If health systems are going to retain and attract new customers, femtech is a critical starting place: it’s what women want. In 2012, investments in female-specific health technology (femtech, as it has been coined) totaled $57M. By the close of 2019, they’re projected to reach $1B. That’s a 1651% increase in a mere seven years — and the numbers continue to climb. The boom can be pinned to a multitude of causes, not least among them a growing (though still very much in the minority) number of
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Drugmaker Bayer to License One Drop’s Digital Diabetes Management Platform, Leads $40M Series B Funding
- Drugmaker Bayer leads One Drop’s $40M Series B funding round and enters commercial agreement to license One Drop's digital diabetes management platform in its global bio-digital efforts in therapeutic areas. - Bayer will leverage One Drop's data science and predictive capabilities, and harness its mobile platform to deliver innovative bio-digital solutions across a broad array of therapeutic areas.- One Drop provides personalized health programs to drive sustainable behavior change as part of
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4 Areas Where Big Data is Transforming Healthcare Right Now
Leveraging technology in the right ways can make or break the future of healthcare. One of the ways that healthcare will become more efficient, more affordable, and save more lives is through the use of big data. What is Big Data? Big data refers to a large amount of information being digitized, consolidated, standardized, analyzed and modeled. In healthcare, big data uses specific statistics from a population or an individual to research new advancements, reduce costs, and even cure or prevent
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What The Failure of Microsoft’s HealthVault Means for the Future of EHRs
Microsoft recently announced that it is officially shutting down HealthVault at the end of this year. HealthVault was Microsoft’s attempt at a web-based personal health record system. You probably never used it -- it suffered low adoption. But while HealthVault will shut down, mobile apps that collect and store your personal health information and share it with your healthcare team are poised to revolutionize medicine and wellness practice. The downfalls of HealthVault included its focus on
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