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venture capital

FDA Approves COVID-19 Oral Fluid Test for Use Nationwide

by Fred Pennic 04/17/2020 Leave a Comment

FDA Approves COVID-19 Oral Fluid Test for Use Nationwide

What You Should Know: - The FDA today authorized testing startup Curative Inc.’s COVID-19 oral fluid test under Emergency Use Authorized (EUA) guidelines. - Curative’s fast, easy-to-use, accurate, and rapidly scalable test does not create exposure risk for healthcare workers during sample collection and requires less PPE. - Already in use by City and County of Los Angeles and the City of Long Beach, Curative has helped more than 53K people get tested.  Today, COVID-19
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b.well Connected Health Raises $16M for Personalized Health Platform

by Fred Pennic 03/11/2020 Leave a Comment

b.well Connected Health Raises $16M for Personalized Health Platform

What You Need to Know: - b.well raises $16 million in Series A funding led by UnityPoint Health Ventures, bringing the company's total funding to over $27 million. - b.well provides a configurable digital platform to healthcare stakeholders to solve for interoperability and consolidation of point solutions through the lens of a consumer. b.well Connected Health, a Baltimore, MD-based platform designed to provide consumers a new front end to healthcare, announced it has raised $16
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Black History Month: Social Determinants of Health, The African American Experience

by JohnMatthew Douglas, President And Founder at iPressForward, LLC 02/21/2020 Leave a Comment

Black History Month: Social Determinants of Health, The African American Experience

For the sake of history and, the auspices of a bountiful potential of a great people of a Great Nation may there be boldness and courage in the noble battle waged to address social determinants of health within US healthcare? History has revealed the health and well being of a Nation and its people is as important as matters of national security. Thus, stands the profound import of equitable access to good health and wellness within the United States of America and Nations around the world.
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Commure Launches FHIR-Native Open Platform for Healthcare Developers

by Jasmine Pennic 02/10/2020 Leave a Comment

Commure Launches FHIR-Native Open Platform for Healthcare Developers

- Commure launches an FHIR-native open platform for healthcare developers that makes it easy to build and deploy the next generation of healthcare apps by providing a secure, reliable, and interoperable foundation. - The Commure Platform provides REST APIs, SDKs and cloud services that support healthcare application development by the broadest range of developers across the application life cycle. Commure, a San Francisco, CA-based healthcare technology company, announced the launch of
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CLEW Lands $20M to Expand AI-Powered Critical Care Platform in the US Market

by Fred Pennic 01/16/2020 Leave a Comment

CLEW Lands $20M to Expand AI-Powered Critical Care Platform in the US Market

- CLEW closes a $20M Series B round of funding to scale US operations and commercialize CLEW’s critical care platform. - CLEW is a real-time AI analytics platform designed to help providers make better informed clinical decisions by predicting life-threatening complications across various medical care settings.CLEW, a digital health startup announced that it has successfully concluded its Series B funding, bringing the total capital raised to over $20 million. The round was led by Pitango
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Mercom: Global Digital Health VC Funding Down 6% at $8.9B in 2019

by Fred Pennic 01/15/2020 Leave a Comment

Global Digital Health VC Funding Declined At $8.9B in 2019, Mercom Reports

- New Mercom Capital annual report reveals global venture capital (VC) funding in digital health declined 6% at $8.9B compared to $9.5B in 2018. - Total corporate funding into Digital Health – including VC funding, debt, and public market funding - dropped 18% to $10.6 billion in 2019 compared to $13 billion in 2018.- Five digital health IPOs brought in a total of $1.4 billion in 2019Global venture capital (VC) funding in digital health, including private equity and corporate venture, declined
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Social Determinants of Health Trends in 2020: The End of the Beginning?

by JohnMatthew Douglas, President And Founder at iPressForward, LLC 12/17/2019 Leave a Comment

Social Determinants of Health Trends in 2020: The End of the Beginning?

2020 will mark the end of the beginning of Social Determinants of Health (SDoH). One would be remiss not to give pause and to consider how much time it has taken to get to this pivotal period in US health and healthcare delivery and, focus on the cornerstone “why” healthcare must, with a fierce urgency, step into the twenty-first century of US healthcare delivery. Meaning, it has taken nearly seventy years to go from the World Health Organization identifying the profundity of SDoH influence on
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3 Themes Driving Today’s State of Gender Equity at Healthcare Startups & VCs

by Jasmine Pennic 12/06/2019 Leave a Comment

3 Themes Driving Today’s State of Gender Equity at Healthcare Startups & VCs

- Latest Rock Health reports reveal the in-depth survey results of 218 men, women, and non-binary respondents working at healthcare startups and VCs to understand perceive how their organizations are actively advancing gender equity. - The report reveals we are far from gender parity and the most common initiatives to promote gender equity may not be the most effective approach. - Conversations with leaders outline five core strategies for building a workplace supportive of gender equity.Despite
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Accounting for Inherent Vulnerabilities in Healthcare Blockchain Adoption

by Rich Herrington EVP, Client Success Team Leader at SoftServe 11/05/2019 Leave a Comment

Accounting for Inherent Vulnerabilities in Healthcare Blockchain Adoption

In the digital economy, every industry runs on data. In the healthcare industry, there is no greater need than to have total view and capitalization of data. But this need inherits others—the need for security, transparency, and interoperability.  In an industry rife with inefficiencies and systemic vulnerabilities (e.g. counterfeit prescription drugs), the benefits of using blockchain to address these needs cannot be ignored. The application of this technology will provide secure
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Top Global Digital Health/Health IT VC Funding Categories in Q3 2019

by Fred Pennic 10/18/2019 Leave a Comment

Top Global Digital Health/Health IT VC Funding Categories in Q3 2019

Global venture capital (VC) funding in digital health/health IT, including private equity and corporate venture capital, reached $2B in funding across 156 deals in Q3 2019, according to market research firm Mercom Capital Group. The 9M & Q3 2019 Digital Health (Healthcare IT) Funding and M&A Report reveals global venture capital reached $7.2B over 474 deals in the first nine months of 2019 compared to $8B in 556 deals in 9M 2018. In Q3 2019, Digital Health companies raised $2B in 156
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