Notwithstanding the quite significant stock market turmoil for publicly traded healthcare companies in recent months, the level of private investment activity continued to be quite strong this past quarter. According to Rock Health, 1Q19 registered just under $1.0 billion of investments made in 61 healthcare technology companies, which while below the trailing two year quarterly average of $1.4 billion, still suggests an annual investment pace running toward $4.0 billion. StartUp Health, which
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Notable
Canadian Virtual Care Startup OnCall Health Raises $1.5M to Expand Operations in North America
OnCall Health, a Toronto, CA-based platform that provides simple, secure virtual care technology and services for healthcare providers, today announced it has raised $2 million CAD ($1.5M USD) in seed funding led by Ripple Ventures with participation from Panache Ventures, Stout Street Capital, and Maple Leaf Angels.OnCall Health BackgroundFounded in 2016, OnCall’s secure virtual care (telemedicine) technology facilitates video or text-based consultations for healthcare practices and streamlines
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MEDITECH Expands EHR Subscription Offering Beyond Critical Access Hospitals
EHR vendor MEDITECH, today announced MaaS (MEDITECH as a Service) is now available to community health systems. Offered initially to Critical Access Hospitals (CAHs), larger community health systems now have the opportunity to utilize MaaS and the many benefits that come with a cost-effective subscription to MEDITECH Expanse.
Meditech MaaS Subscription Overview
MaaS is a cloud-based EHR subscription that provides health systems with full access to Expanse, MEDITECH’s web-based platform.
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Why the FDA Is Doing an Overhaul of the Medical Device Approval Process
Since 1976, the U.S. Food and Drug Administration (FDA) has allowed manufacturers to apply for an accelerated pathway to bringing their devices to the market. It's called the 501(k) Premarket Notification. In short, if a new device gets proved safe and effective to a device that's already available, the new device can get cleared because it's considered substantially similar to the older one. The FDA also allows for the first-cleared device (also known as the predicate) to be another product
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Notable Launches EHR-Integrated Voice-Powered Apple Watch App for Physicians
Notable, an emerging digital health startup in voice-powered healthcare has launched the first wearable voice-powered smart assistant for physicians that will transform the healthcare experience. Available as a white labeled solution for wearables, the platform leverages artificial intelligence and voice recognition technology to automate and structure every physician-patient interaction as well as eliminate the vast majority of clinical administrative work. The Notable team consists of
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20 Promising Canadian Digital Health Companies to Watch
“A company’s odds of success are better the closer they can get to their market,” argues Stephen Hurwitz, a thought leader in the Canadian venture capital industry, recognizing that the proximity to a VC-tech hub can help the success rate of Canadian startups.
A socialized healthcare system, Canada’s market is fragmented by province and type of care – most primary and emergency care is free for residents whereas specialty care, prescription drugs, long-term and in-home care amongst others,
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