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UCI Institute for Clinical & Translational Awarded NIH Grant to Establish EHR-Integrated Clinical Data Warehouse

by Jasmine Pennic 09/06/2019 Leave a Comment

UCI Institute for Clinical & Translational Awarded NIH Grant to Establish EHR-Integrated Clinical Data Warehouse

- National Institutes of Health (NIH) awards The Institute for Clinical & Translational Science at the University of California with a $25M grant over 5 years. - Grant will be used to establish an EHR-integrated enterprise clinical data warehouse (CDW) to support healthcare breakthroughs. The Institute for Clinical & Translational Science at the University of California, Irvine has been awarded $24 million over five years from the National Institutes of Health (NIH) as part
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OptimizeRx Acquires Digital Therapeutics Platform RMDY Health for $16M

by Fred Pennic 09/05/2019 Leave a Comment

OptimizeRx Acquires Digital Therapeutics Platform RMDY Health for $16M

- OptimizeRX acquires RMDY Health, a multipurpose digital therapeutics SaaS platform, for $16 million in cash and equity. - Acquisition will enhance OptimizeRx existing digital platform with technology solutions tailored for digital therapeutics and extends offerings to SaaS-based patient engagement markets. - RMDY will maintain its technology team in Tel Aviv, Israel, and U.S. based personnel and use the OptimizeRx New Jersey HQ. OptimizeRx announced it will acquire RMDY
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Machine Learning Algorithm Can Predict Which Cardiac Patients Are High-Risk Post Discharge

by Fred Pennic 09/04/2019 Leave a Comment

Machine Learning Algorithm Can Predict Which Cardiac Patients Are High-Risk Post Discharge

- New Mayo Clinic peer-reviewed study shows Medial EarlySign’s machine learning algorithm can predict which cardiac patients are at high-risk following discharge. - The analysis was based on electronic health records (EHR), demographics, and social data collected from a cohort of 11,709 unique Mayo Clinic patients who underwent 14,349 PCIs during 14,024 hospital admissions. - The study suggests AI solution can be more effective than traditional models to identify patients at risk of
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Mercy Virtual Integrates With AI Health Monitoring Platform Myia Health

by Fred Pennic 09/04/2019 Leave a Comment

Mercy Virtual Integrates With AI Health Monitoring Platform Myia Health

- Mercy Virtual integrates with intelligent health monitoring platform Myia Health to accelerate the adoption of new patient care and at-risk reimbursement models. - Myia is a digital health platform that collects biometric data from curated sensors, including best in the market and over the counter, Apple and Fitbit. - Mercy Ventures, Mercy’s corporate venture capital group leads $10M Series A funding investment in Myia to further strengthen the partnership. Myia Health,
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Aledade, The Physicians Integrated Network Forms Value-Based Care Collaboration in Greater Philadelphia

by Jasmine Pennic 09/04/2019 Leave a Comment

Aledade ACO

- Aledade ACOs and the Physicians Integrated Network (TPIN) join forces to improve care coordination, quality of care, and patient health outcomes - Under the value-based care agreement, and TPIN’s leading network of independent specialists have agreed to a care compact and intend to explore additional opportunities for clinical collaboration across all payers. - TPIN’s network is made up of 700 physicians practicing in 24 clinical specialties throughout greater Philadelphia, Delaware
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The Drought is Over: It’s Raining Health IT IPOs

by Healthcare Growth Partners (HGP) 08/30/2019 Leave a Comment

The Drought is Over: It’s Raining Health IT IPOs

Three venture-backed health IT companies completed IPOs in July, ending an almost three-year drought of health IT IPOs.  Share prices soared following each IPO, indicative of the enthusiastic response and a desire to see more health IT companies make their way toward public debuts. Composition of revenue, gross margin, and growth are key differentiators between these and all companies and key drivers of valuation.  Given the enthusiastic shareholder response to these listings, we
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Telehealth Adoption: Convenience & Cost Drive Adoption For Consumers

by Fred Pennic 08/27/2019 Leave a Comment

Telehealth Adoption: Convenience & Cost Drive Adoption For Consumers

Convenience and cost are the key drivers of telehealth adoption for American consumers, but lack of awareness is an issue, according to recent findings from American Well’s Telehealth Index: 2019 Consumer Survey. Telehealth leader American Well commissioned Harris Poll to conduct an online study among over 2,000 adults to measure usage and sentiment toward telehealth. The results are weighted to be representative of the American adult population across standard demographics.Majority of Consumers
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Patient Engagement Platform Luma Health Nabs $16M to Optimize Patient Experience

by Fred Pennic 08/27/2019 Leave a Comment

https://media.licdn.com/dms/image/C561BAQGOBRpvgkvLoA/company-background_10000/0?e=1566939600&v=beta&t=T9HYLkt_SkyqH9dL_n6m8RDXGX7id5Cw2hh6L4H41yw

Luma Health Patient Engagement Platform enables healthcare providers and health systems to maximize patient outcomes across the entire patient journey.Luma Health, a patient engagement platform, today announced $16 million in Series B equity funding, bringing total equity funding to $25.7 million. Led by PeakSpan Capital and with strategic investments from Cisco Investments, the Texas Medical Center, and continued investment from U.S. Venture Partners, Luma Health will use this round of funding
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Digital Medical Tech Raises $1.5M for Hospital Management & Asset Tracking

by Fred Pennic 08/26/2019 Leave a Comment

Digital Medical Tech (DMT), an Annapolis, MD-based solution provider for hospital management and asset tracking, recently raised $1.5 million in seed capital led by DMTI Capital Partners, LLC. The company plans to use the funding to launch a nationwide engagement program for targeting healthcare providers and potential partnerships. Solutions for Hospital Management & Asset Tracking Founded in 2016 by CEO Matthew Nicholson, Digital Medical Tech’s enables health systems to proactively
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Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

by Fred Pennic 08/23/2019 Leave a Comment

Israeli Startup MDClone Lands $26M to Expand Healthcare Data Sandbox

MDClone, an Israeli-based provider of the world’s first healthcare data sandbox has raised $26 million in Series B funding led by aMoon with participation from existing investors OrbiMed Israel Partners and Lightspeed Venture Partners. MDClone plans to utilize the funding to further develop its existing platform and build new products and novel approaches leveraging data across its global network, as well as accelerate sales and marketing efforts.Healthcare Data Sandbox: Explore and Discover
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