News

By Heather Mack May 26, 2017
Atlanta, Georgia-based Sharecare, a wellness and patient engagement company known for its serial acquisitions, has received an investment from Summit Partners that brings the company’s total funding to $300 million. The company said a third of that figure was raised in 2017 alone, and Sharecare will use the latest capital to expand their workforce and invest in new strategies to continue growing...
By Jonah Comstock May 26, 2017
In the State of Texas, a major piece of telemedicine legislation is sitting on Governor Greg Abbott’s desk. Known as Senate Bill 1107 and House Bill 2697, the bill abolishes the requirement that patient-physician relationships be established with an in-person visit before telemedicine can be used. Texas is the final state of 50 to abolish this requirement, so the bill's passage will allow...
By Heather Mack May 25, 2017
The proliferation and ever-increasing sophistication of wearable activity trackers makes clear that we have come a long way from analog pedometers and clunky heart rate monitors, but new research suggests those metrics may be the only ones modern wearables can accurately track. Stanford researchers took a hard look at seven different consumer wearables with a group of 60 volunteers, who wore the...
By Jonah Comstock May 25, 2017
Viz, a San Francisco-based company looking to apply artificial intelligence to medical imaging, has raised $7.5 million in first-round funding. The round includes two tranches -- a $4.7 million round that just closed and a $2.5 million round from last fall. The other $300,000 was reserved for employees to contribute. The funding round was led by DHVC and Alphabet Chairman Eric Schmidt’s...
By Heather Mack May 25, 2017
Temporary doctor staffing platform wanders west. Nomad Health, which offers an online platform to connect doctors with freelance clinical work, has expanded its footprint into California and Texas. Founded in 2015 (and serving all of the east coast), the company works to offset doctor staffing shortages using a cloud-based virtual marketplace rather than the often time-consuming paper, phone and...
By Jonah Comstock May 25, 2017
Peloton, the New York City-based technology company that has seen impressive success combining exercise bikes with tablets to create virtual cycling classes, has raised an additional $325 million in late stage funding. The investment brings the company's total funding to nearly $445 million and brings its valuation to $1.25 billion, which makes the virtual fitness company officially a "unicorn"....
By Heather Mack May 25, 2017
New York City-based Blink Health, a well-funded digital health company that makes an app and online tool to help consumers find low prices on medications, is the target of a $30 million lawsuit filed by one of its early investors, Michael Karsch, who is claiming the company and its founders are guilty of a number of illegal actions including fraud, concealment, breach of contract, unjust...
By Jonah Comstock May 25, 2017
Clinical trial software company Medrio has raised $30 million in new funding from Questa Capital Management. This is the first ever institutional funding round for the 12-year-old company, and will be used to support growth as well as the development of new software programs.  “Over the past twelve years, we have grown Medrio to be a leader in the eClinical market and are excited to partner with...
By Heather Mack May 24, 2017
While behavioral health and physical health have historically been thought of (and treated) as completely separate areas of care, the simple fact is there just aren’t as many healthcare professionals who specialize in the mind as there are who treat the body. But nearly 70 percent of American adults who have a behavioral health condition also have a medical co-morbidity, which led the Bronx, New...
By Bernie Monegain May 24, 2017
Salt-Lake City-based Intermountain Healthcare has joined American Well’s online care marketplace, best known as “the Exchange.” Through the Exchange, Intermountain will make its nurse practitioners and physician assistants available for patient telehealth visits on Amwell. The offering is available now to patients living in Utah, and soon will also be available to patients in Idaho. Intermountain...

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