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Silicon Valley

AI in Healthcare Is Exciting, However, It Is No Reason to Overpay For It

by Irv Lichtenwald , CEO of Medsphere Systems Corporation 09/20/2019 Leave a Comment

Medsphere CEO Talks Affordable Healthcare IT and Future of EHRs

Eventually, many conversations about artificial intelligence (AI) include HAL. An acronym for Heuristically programmed ALgorithmic computer, HAL played a prominent and disconcerting role in Stanley Kubrick’s mind-bending 1968 film 2001: A Space Odyssey. In the film, sentient computer HAL learns that the humans suspect it of being in error and will disconnect it should that error be confirmed. Of course, HAL is having none of that, and terror ensues. So influential was
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MDisrupt Launches The World’s First Medical Diligence Company

by Jasmine Pennic 08/21/2019 Leave a Comment

MDisrupt Launches The World’s First Medical Diligence Company

Two experienced healthcare technology leaders has announced the launch of MDisrupt, the first medical diligence company for the health technology industry. The first-of-its-kind firm will focus on helping investors, startups, and healthcare organizations with an independent, transparent review of health tech-related products, data claims, and processes.  If deficiencies are identified, MDisrupt offers strategic guidance and the ability to utilize an extensive network of experienced health
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Nomad Health Raises $34M to Disrupt Healthcare Staffing Industry

by Fred Pennic 08/15/2019 Leave a Comment

Nomad Health Lands $34M to Revolutionize The Healthcare Staffing Industry

Nomad Health, an NYC-based on-demand medical jobs marketplace platform has raised $34M in new equity and debt financing led by Icon Ventures. The financing also includes additional investment from prior investors Polaris Partners, RRE Ventures, .406 Ventures, and Silicon Valley Bank. Nomad’s mission is to revolutionize healthcare staffing by creating the first online marketplace for healthcare jobs and by bringing the gig economy to healthcare – it is disrupting a multibillion-dollar industry in
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Backed by Mayo Clinic Study, Eko Launches Cardiac Remote Monitoring App, Eko Home

by Fred Pennic 07/25/2019 Leave a Comment

Eko Duo Receives FDA Clearance to Market Combined Digital Stethoscope/ECG Smart Device

Currently being used in a study by Mayo Clinic, cardiac monitoring app Eko Home enhances outpatient cardiac data collection and demonstrates real world efficacyEko, a Silicon Valley-based digital health company applying machine learning in the fight against heart disease, today announced its cardiac remote monitoring app, Eko Home. The app is a first-of-its-kind service that enables precise remote monitoring of cardiac function using ECG and heart sounds. Eko Home can be used to create drug-data
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AdhereHealth And Papa Partner to Tackle Social Determinants of Health

by Fred Pennic 06/25/2019 Leave a Comment

Stryker, RCSI Partner to Develop Digital Health Solutions for Emergency & Specialist Care Blue Cross Blue Shield Institute Launches Program to Address Social Determinants of Health at The Community Level

AdhereHealth, a healthcare technology company focused on medication adherence, announced a partnership with Papa, a companionship platform company serving the elderly, blind and disabled. AdhereHealth and Papa will work together to address social determinants of health such as loneliness, food insecurity, and transportation to improve health outcomes for Medicare beneficiaries. The partnership addresses these foundational barriers to care through a combination of advanced technologies and
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Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

by Fred Pennic 06/20/2019 Leave a Comment

Medable Launches Telemedicine Solution to Improve Data-Driven Virtual Clinical Trials

Medable Inc., a Silicon Valley-based provider of data driven and digitally enabled clinical trials has announced the launch of their global Trial-Fit™ Telemedicine Solution designed to address critical trial barriers of low patient retention and lack of access. Medable’s Trial-Fit Telemedicine enables sites all over the world to conduct secure, HIPAA-compliant video consultations with clinical study participants in an integrated eCOA solution. Medable telemedicine is the only integrated,
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Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health

by Jasmine Pennic 04/25/2019 Leave a Comment

Y Combinator Startup Meru Health Raises $4.2M to Advance Digital Clinic for Mental Health

Meru Health, a Y Combinator company currently participating in the Texas Medical Center TMCx Accelerator in Houston has raised $4.2 million in seed funding from Freestyle Capital, Bonit Capital, Y Combinator, Lifeline Ventures, and IT-Farm. The seed funding will be used to advance its mobile phone-based digital clinic for depression and anxiety and support additional clinical validation. Peer-reviewed data of this intervention found a significant reduction in depression symptoms as well as close
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Onera Health Raises $9.3M to Pilot Medical Grade Sleep Diagnostics Patch

by Jasmine Pennic 04/23/2019 Leave a Comment

Onera Health Raises $9.3M to Pilot Medical Grade Sleep Diagnostics Patch

Onera Health Inc., a Palo Alto, CA-based sleep diagnostic solutions and services provider announced it raised $9.3 million in Series A funding led by Jazz Pharmaceuticals, imec.xpand, as well as other investors including imec and BOM. The digital health startup’s vision is to transform sleep diagnostics with the development of the world’s first at-home medical grade sleep diagnostics patch system.1 Out of 5 People Suffer From A Sleep DisorderThe need for better sleep testing is great. One in
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HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

by Fred Pennic 04/03/2019 Leave a Comment

HealthQuest Capital Closes $440M Fund to Invest in Innovative Growth-Stage Companies

HealthQuest Capital, a Silicon Valley-based growth capital firm has closed a $440 million fund to invest growth-stage companies delivering innovation across all sectors of the healthcare industry to improve patient outcomes, enhance efficiency and reduce costs. Fund III was oversubscribed and closed at a hard cap. Target markets for Fund III include growth- and commercial-stage companies focusing on medical technologies, diagnostics, digital health, and innovative services.HealthQuest Capital
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Why Walmart Centers of Excellence Model Could Redefine How Employers Deliver Quality Care

by Larry Leisure, Co-founder & Managing Partner, Chicago Pacific Founders 03/06/2019 Leave a Comment

Why Walmart's Center of Excellence Model Could Redefine How Employers Deliver Quality Care

Mitigating the cost of healthcare expenses has long been an uphill battle for employers, though the problem has become particularly pressing in recent years. The price tags for routine treatments and specialty services alike are on the rise; patients and payers alike shoulder heavy cost burdens for everyday care needs. The benefits packages that may have provided sufficient coverage a decade ago are now stretching to cover costs -- and the companies paying out those benefits are desperately
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