Aditi Pai

April 11, 2016
Telehealth company Teladoc announced that the company completed 240,000 telemedicine visits during the first quarter of the year, up 61 percent from 149,000 visits during the same period last year. Teladoc announced in its recent 2015 earnings call that, in total, physicians performed more than 575,000 visits with customers last year. Teladoc ended 2015 with $77.4 million in revenue, up 78...
April 7, 2016
Pfizer has partnered with IBM to develop a system that clinicians can use to treat patients who have Parkinson’s disease. The system will make use of sensors, mobile devices, and machine learning to provide clinicians and researchers with symptom information, which they will then use to better understand patient disease progression and medication response. It will also help inform treatment...
April 7, 2016
The US Department of Defense (DoD) and the Defense Health Agency (DHA) have awarded McKesson a $139 million, five-year service contract with RelayHealth, McKesson’s patient engagement and secure messaging business. “We are honored to continue supporting the DHA in their readiness mission, which is to ensure a medically ready force and ready medical force,” RelayHealth SVP Ken Tarkoff said in a...
April 7, 2016
Earlier this week, Rock Health and Startup Health released their first quarterly funding reports for the calendar year. Rock Health, which has more specific inclusion criteria and only tracks deals above $2 million, reported $981.3 million in Q1 2016 digital health funding, while StartUp Health reported $1.8 billion. “If you spent the first quarter of this year listening to investors, founders,...
April 6, 2016
Columbus, Ohio-based CrossChx, which has developed a secure, tablet-based patient check-in system, called Queue, raised $15 million from Silicon Valley Bank, Khosla Ventures, Drive Capital, NCT Ventures, and Moonshots Capital. "Queue finally provides a way for patients to safely log in to healthcare, giving providers the ability to deliver a more personable level of care and returning control of...
April 6, 2016
Minneapolis-based tech-savvy payer Bright Health has raised $80 million in a round led by Bessemer Venture Partners and New Enterprise Associates (NEA), with participation from Flare Capital Partners. Bright Health is led by a team of experienced healthcare executives. The company’s CEO Bob Sheehy was previously the CEO of UnitedHealthcare. Kyle Rolfing, Bright Health’s president, is the...
April 6, 2016
The Federal Trade Commission (FTC) has released a new interactive tool on its website, with help from the Office of National Coordinator for Health Information Technology (ONC), Office for Civil Rights (OCR) and the Food and Drug Administration (FDA), to help health app developers to determine whether certain regulations apply to their app. “Mobile app developers need clear information about the...
April 5, 2016
Remote monitoring joint venture MedWand announced today at the HxRefactored event in Boston that a payer in Wisconsin has already filled an order for its device, which is still just a prototype. MedWand is a partnership between direct primary care company MedLion and engineering design firm Cypher Scientific. MedWand debuted its remote diagnostic device of the same name, at CES earlier this year...
April 5, 2016
Adidas has partnered with Interactive Health Technologies (IHT), which offers a health tracking system designed specifically for grade school physical education (PE) courses, to launch Zone, a wristworn activity and heart rate tracking device. Zone is a durable activity tracking device that monitors a student’s heart rate throughout the day.  A display on the device’s screen allows users to see...
April 5, 2016
Deutsche Telekom Capital Partners (DTCP) has hired Jack Young, previously the managing director of North America at Qualcomm Ventures, as Partner. At DTCP, Young will be in charge of global venture operations.  Young worked at Qualcomm Ventures for 8 years, since February 2008. Young also launched an investment firm in early 2015, called dRx Capital, which is a joint effort of Qualcomm and...