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Roundtrip Nabs $5.1M to Expand Digital Transportation Marketplace for Providers & Patients

by Jasmine Pennic 05/03/2019 Leave a Comment

Roundtrip digital transportation marketplace

Roundtrip, a Philadelphia, PA-based digital transportation marketplace for better health outcomes announced it has raised $5.14M in Series A funding led by Motley Fool Ventures, with participation from a multi-billion dollar international healthcare software and medical device company, Ben Franklin Technology Partners of Southeastern Pennsylvania and Johns Hopkins University.Digital Transportation MarketplaceEvery day, 10,000 patients miss or delay care due to a transportation barrier. Learn
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CirrusMD Lands $15M to Fuel Adoption of Chat-First Virtual Care Solution

by Fred Pennic 05/02/2019 Leave a Comment

CirrusMD Chat-First Virtual Care Platform

CirrusMD, a Denver, CO-based chat-first virtual care solution, today announced that it has raised $15 million in Series B funding led by Drive Capital, Colorado Impact Fund and other prior investors, bringing total funding to-date to $26 million. The company also announced a new contract with Iron Bow as a subcontractor to the United States Department of Veteran Affairs (VA) for improved care access and delivery for the veteran community. Care Without Barriers Founded in 2012 by Blake
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NASSCOM, GE Healthcare Partner to Co-Create Digital Health Solutions in India

by Fred Pennic 05/01/2019 Leave a Comment

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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KLAS: State of Cloud-based ERP Vendor Performance in Healthcare

by Fred Pennic 04/26/2019 Leave a Comment

KLAS State of Cloud-based ERP Vendor Performance in Healthcare

In the traditionally stagnant market of ERP (HR, finance, and/or supply chain) in healthcare, aging on-premises solutions are giving way to several cloud options now on the table. Given the significant lift required to move to a new ERP system, many healthcare organizations contemplating the cloud are taking the opportunity to consider all vendors, not just their incumbent, according to a new report from KLAS Research.In the report, “ERP 2019: Performance in the Cloud,” KLAS interviewed several
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Indian Digital Health Startup mfine Nabs $17.2M for Virtual Healthcare Delivery Network

by Jasmine Pennic 04/26/2019 Leave a Comment

Health-tech AI Startup mfine

mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Massachusetts Launches Digital Health ‘Sandbox’ Program for Startups

by Jasmine Pennic 04/25/2019 Leave a Comment

Massachusetts Launches Digital Health 'Sandbox' Program for Startups

 On Wednesday, Massachusetts Governor Charlie Baker joined members of the Massachusetts Digital Health Council to announce a new program to drive the growth of innovative startups in the state, helping them access unique R&D facilities in the state. The announcement was made at Worcester Polytechnic Institute’s PracticePoint research, development and commercialization alliance, the first R&D ‘sandbox’ selected to host startups as part of the program. That facility was the recipient of a
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ATA 2019 Show Report – Don’t Be Fooled by First Impressions

by Jasmine Pennic 04/25/2019 Leave a Comment

ATA 2019 Show Report – Don’t be Fooled by First Impressions

2019 will be a big year for telehealth, but for those attending ATA 2019 in New Orleans last week, it may not have seemed so on the surface. Particularly given that attendee numbers peaked several years ago and one-or-two high-profile regulars, such as Philips and Vidyo, were also missing from the exhibition floor this year.With telehealth enjoying center-stage coverage at HIMSS (only two months ago) and being a key theme at consumer electronics/telecoms shows such as CES and MWC, the annual ATA
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GoCheck Kids Nabs $6M for iPhone App That Detects Amblyopia in Pre-Verbal Children

by Fred Pennic 04/25/2019 Leave a Comment

GoCheck Kids, the creators of an FDA-registered and CE certified iPhone app that screens for amblyopia in pre-verbal children used by over 4,500 pediatricians announced it has raised $6M in Series B funding led by FCA Venture Partners. The investment will be used to add artificial intelligence capabilities with Apple’s CoreML and ARKit and accelerate further electronic health record (EHR) integrations. Amblyopia: The Leading Cause of Vision Loss in U.S. Children According to the CDC,
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AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

by Fred Pennic 04/25/2019 Leave a Comment

IPA, IHANY, Fidelis Care Partner to Address Social Determinants of Health in Upstate New York AzHHA Taps PatientPing to Improve Care Coordination Across State of Arizona

The Arizona Hospital and Healthcare Association (AzHHA) announced a new partnership with PatientPing, a comprehensive care coordination platform, to improve patient care outcomes across the state of Arizona. The statewide partnership, coordinated through AzHHA's Affiliated Partners Program, will connect all of AzHHA's member hospitals and participating providers. Participants will have access to real-time patient information and insights from care events across the entire continuum, enabling
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Why 2018 May Have Been A High-Water Mark for Digital Health Funding

by Michael A Greely, Co-Founder & General Partner at Flare Capital Partners 04/24/2019 Leave a Comment

Pandemic Further Exposes Systemic Racism… Healthcare Technology Digital Health

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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