Digital Health Funding Hits $3 Billion

Rock Health publishes its Q3 Digital Health Funding update which pegs funding in the digital health sector at $3 billion thus far in 2014, by far the highest its ever climbed. The report found that, compared to Q2’s unprecedented level of funding activity, things have slowed down somewhat and investment levels have returned to what they were at the beginning of the year. Still, each quarter of 2014 has been larger than any seen before.

Digital Health Funding Hits $3 Billion

Thus far, funding rounds in 2014 are 31 percent larger than they were in 2013, with the average round closing at $13 million. The biggest earners thus far have been: big data analytics ($381 million), digital medical devices ($280 million), patient engagement technologies ($238 million), payer administration tools ($223 million), population health management ($195 million), and telemedicine ($172 million). It’s clear that ACOs, even if they never manage to reduce costs or improve care, are at very least driving venture capital investments toward worthy startups working to keep people healthy and reduce inefficiencies in healthcare.

Read more...

Basis Unveils Its Newest Activity Tracker, the Basis Peak

 

In the last year, both Apple and Samsung have introduced health-focused smartwatches that are putting immense pressure on companies working in the already overcrowded activity tracker market. Nike, likely seeing the writing on the wall, disbanded its FuelBand product line earlier this year, and ever since the tech industry has been eagerly waiting to see how the remaining fitness tracker heavyweights, like FitBit, Jawbone, and Basis, would respond to the pressure.

Read more...

Pristine Raises $5.4 Million For Google Glass Healthcare Apps

Austin, TX-based Pristine announces a $5.4 million Series A round led by S3 Ventures, with additional participation from Capital Factory, HealthFundr, and a group of strategic clients. The round, combined with its earlier $500,000 seed round, brings the 18-month old startups total funding level to $6 million.

Pristine Raises $5.4 Million For Google Glass Healthcare Apps

Pristine was an early contender in the race to capitalize on the hype surrounding Google Glass and introduce the form factor to healthcare. Pristine’s flagship product is called EyeSight, an app that allows a Glass wearer to broadcast their view to an unlimited number of other devices over a secure, HIPAA-compliant connection. This platform is finding a home in a variety of care settings. EMS personnel are using it to give ER physicians an opportunity to assess patients as they are in route to the hospital. Surgeons are using it as a training aid, transmitting a live view of the procedure from the surgeon’s point of view to a classroom of students as an operation takes place. Rural hospitals are able to connect remotely with specialists to get a second opinion on a variety of conditions.

Read more...

WiserTogether Raises $9 Million Round For Consumer Health Research Platform

Washington DC-based digital health startup WiserTogether announces that it has closed a $9 million Series B round led by co-led Martin Ventures and the Merck Global Health Innovation Fund. Additional funds were provided by Blue Heron Capital and returning investors 7Wire Ventures, Grotech Ventures, and Harbert Venture Partners. In total, the company has raised $19 million since its 2008 launch.

WiserTogether Raises $9 Million Round For Consumer Health Research Platform

WiserTogether is taking a unique approach into the medical research market, competing with market heavyweights like WebMD and HealthTap. The company is building a platform that helps consumers learn about treatment options for various conditions by listing out all of the possible treatment plans associated with that condition and then letting users sort the list with different filters, such as expected clinical outcome or cost.  Some of the site’s most searched conditions are sleep apnea, herniated disc, plantar warts, heart attack, and arthritis.

Read more...

“Skinny Jeans” Exoskeleton Helps Advance Machine-Assisted Mobility

 

Researchers from Harvard University’s Wyss Institute have unveiled a new mechanical exoskeleton made of stretchable fabric and embedded wires that, once perfected, may fit underneath a pair of normal pants and support disabled people in variety of new capacities.

Read more...

Planning for Cloud in Healthcare

I was in Fargo this week for the third time in several months. It’s a cool place and I enjoy it. I haven’t been in winter, but the warmer months are pleasant.

I was there as a part of the Intelligent Insites Build Conference. It was an awesome event, held at the historic Fargo theater. While at the other end of the spectrum from HIMSS in terms of conference size, the attendees were great and I felt like the content was valuable. I’m already looking forward to next year.

Read more...

Virtual Reality Headsets May Find A Home In Surgical Training

Researchers in Paris are working on a project that may one day bring virtual reality training aids to surgical students as they learn new procedures. The project is underway at the European Georges Pompidou Hospital, in Paris where orthopedic surgeons recently recorded a total hip replacement while wearing specialized video recording devices that will allow them to create 3D video for use in a commercial virtual reality head set, like Oculus Rift.

Today, even if a resident attends a surgery in person, their view of the procedure is compromised because they do not experience it from the same perspective as the primary surgeon. Residents are often standing off to the side rather than where the primary surgeon would be, resulting in a diminished view of the surgical field. Residents also have their own responsibilities to attend to during the procedure, such as repositioning patients or managing surgical instruments, which makes learning new procedures in the operating room difficult. By creating an immersive, virtual reality experience, surgical residents can experience what it looks like to stand where the primary surgeon would be, getting a first-hand view of the surgical field, and the techniques being applied.

Read more...

Teladoc Raises $50 Million Series C To Expand Its Telehealth Platform

Dallas, TX-based Teladoc announces a $50 million Series C round led by Jafco Ventures.  Additional capital was invested in the round by a large group of VC firms, including: FLAG Capital Management, Greenspring Associates, Mellon and QuestMark Partners, and returning investors Cardinal Partners, HLM Venture Partners, Kleiner Perkins Caufield and Byers, New Capital Partners, and Trident Capital. Teladoc’s previous round closed for $15 million just a year ago. Combined with all of its previous fundraising efforts, the new round brings the company’s total funds raised to $74 million, since its 2002 launch.

Teladoc Raises $50 Million Series C To Expand Its Telehealth Platform

With the cost of healthcare rising, employers, payers, and now some health systems are actively looking for new care delivery methods that will allow them to effectively treat patients, but in the cheapest possible care setting, which may now be the patient’s own home. Teladoc provides telephone and video teleconferences to address routine health issues that might otherwise be treated in an ER or urgent care center. Patient’s are evaluated by a health professional, and if a referral or prescription is needed, they can be arranged for during the call.

Read more...
↑ Back to top

Founding Sponsors

Platinum Sponsors