MedAnswers, a health tech company has raised $5 million in seed round funding led by Special Situations’ Life Sciences Innovation (LSI) Fund, managed by David Sable, with Viking Global Investors also participating. MedAnswers is leveraging technology, genetics and other health data to match those struggling to conceive to a curated network of fertility experts and solutions to help users conceive faster. The company is a graduate of the 7th cycle of Illumina Accelerator. FertilityAnswers AppThe
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HLTH & ATA Partner Up to Highlight Telehealth Solutions, Virtual Care Adoption
HLTH, the largest and most important conference for healthcare innovation announced a new partnership with ATA, the premier organization working to accelerate the adoption of telehealth, to showcase innovations in virtual care that will change the way care is ultimately delivered.Telehealth solutions include digital health, artificial intelligence (AI), virtual care, remote monitoring, and digital therapeutics (DTx), as well as 'store-and-forward' or asynchronous technologies that securely
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Quest Diagnostics to Contribute Biomarker Datasets to Support One Brave Idea Initiative
In a move to advance the ground-breaking work to identify coronary heart disease at the earliest transition from wellness to disease, Quest Diagnostics announced it will contribute biomarker implementation, population health analytics and a national lab platform as a pillar supporter of One Brave Idea, the research initiative co-founded by the American Heart Association (AHA) and Verily Life Sciences with significant support from AstraZeneca.The Burden of Cardiovascular DiseaseHeart disease is
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Cerner, Duke to Pilot Cerner Learning Network to Innovate Clinical Research Registries
Cerner Corporation has announced the development of the Cerner Learning Health Network to help clinicians more easily and efficiently gain health insights and guide care. As part of the development, Cerner and the Duke Clinical Research Institute (DCRI) have joined together to pilot the Cerner Learning Health Network and innovate clinical research registries in the process.Learning Registry by the DCRI Pilot ProjectThe pilot project and study, named the Learning Registry by the DCRI, will use
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Research: July Digital Health IPOs, M&A Activity, Public Company Performance Summary
Summary of Health IT/digital IPOs, merger & acquisition (M&A) activity, and public company performance during the month of July.
Digital Health IPOs in July
Source: Healthcare Growth Partners (HGP)
Breaking the digital health IPO drought, there were four initial public offerings (IPOs) during a five-week period from late June to late July, including Livongo, Health Catalyst, Phreesia, and Change Healthcare. The last health IT companies to reach IPO were iRhythym Technologies and
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Health Tech VC Firm Flare Capital Partners Closes $255M Fund
Healthcare technology venture capital firm, Flare Capital Partners, today announced the closing of its second fund, Flare Capital Partners II, L.P., with a total of $255 million in committed capital. The oversubscribed fundraise follows up its inaugural fund, which was raised in April 2015, and establishes Fund II as one of the largest, independent, dedicated healthcare technology venture capital investment funds. Evolving Healthcare Industry Demands Innovative Business ModelsThe U.S. healthcare
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D2 Consulting Acquires Patient Engagement Company WorkUp
Life sciences consulting firm D2 Consulting, today announced it has acquired Brooklyn, NY-based patient engagement company WorkUp, Inc. The acquisition expands D2’s existing technology solutions, providing value-added support for clients, including manufacturers, specialty pharmacies, HUBs, payers, pharmacy benefit managers and integrated delivery networks.Founded in 2013 to support high maintenance patients, WorkUp’s patient engagement solution, Status improves operational efficiencies and
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Allscripts Acquires Prescription & Prior Authorization Platform ZappRx
EHR vendor Allscripts has reached an agreement to acquire prescription and prior authorization platform ZappRx, according to CNBC. The acquisition will help Allscripts diversify its business outside of electronic medical record (EHR). The company has raised a total of $40M in funding to date.Founded in 2012 by Zoe Barry who previously worked at athenahealth, ZappRx streamlines the complex process required to order specialty medications, increasing efficiencies when collecting and maintaining the
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Dassault Systèmes Acquires Clinical Trial Platform Medidata for $5.8B
French technology giant Dassault Systèmes has agreed to acquire Medidata, a life sciences digital transformation company in an all-cash deal for $92.25 per share valued at $5.8 billion. With the acquisition of Medidata and its clinical and commercial solutions, Dassault Systèmes plans to increase market penetration into the Life Sciences industry with an integrated business experience platform for an end-to-end approach to research and discovery, development, clinical testing, manufacturing and
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American College of Cardiology to Launch Ambulatory Chronic Disease Network
The American College of Cardiology and Veradigm have announced a strategic partnership create the largest ambulatory chronic disease network in the United States with more than 250,000 clinicians and 100 million patients. The partnership will integrate Veradigm's technology and analytic capabilities with ACC's NCDR PINNACLE Registry and Diabetes Collaborative Registry.In addition, the integration will leverage Veradigm's large specialist and primary care provider network on Allscripts and
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