Investors

By Dave Muoio November 13, 2018
Knowtions Research, the maker of an artificial intelligence insights platform for heath insurers, has raised $5 million in Series A funding. The round was led by Information Venture Partners, with additional support from Alibaba Entrepreneurs Fund. The company said in its announcement that the new financing will be put toward scaling the deployment of its Lydia AI platform and doubling its team...
By Dave Muoio November 12, 2018
Driver, the pricey mobile app designed to link cancer patients to appropriate treatment or relevant clinical trials, appears to have bitten off a bit more than it could chew. This morning STAT reported that the service, which only launched in September, ran out of funds and released its entire 85-employee staff in mid-October, effectively shuttering the business. Driver CEO and cofounder Dr....

Photo credit: Oncology Analytics 

By Laura Lovett November 8, 2018
Earlier this week Oncology Analytics, a technology company focused on helping organizations apply and manage benefits for cancer care, announced that it closed a $21 million Series B funding round. The new round was led by Oak HC/FT with participation from McKesson Ventures, Blue Cross Blue Shield Venture Partners and Sandbox Advantage.  The company said the new money will help it expand its...
By Dave Muoio November 8, 2018
Online refractive eye exam company Opternative has announced $9 million in investment financing. Trust Ventures and Pritzker Group Venture Capital led the round, with additional support from prior backer Jump Capital. According to the announcement, the company will put toward two major goals: doubling the size of its engineering, product, sales and marketing teams; and building awareness among...
By Dave Muoio November 8, 2018
GetWellNetwork — a company offering tools to drive patient engagement and support clinical care teams — has acquired the digital engagement platform HealthLoop, the companies announced this morning. The deal was closed on November 6. While the terms of the acquisition remain under wraps, GetWellNetwork CEO and founder Michael O’Neil told MobiHealthNews that his company plans to keep on, and...
By Laura Lovett November 7, 2018
Yesterday morning medical messaging company Medici announced that it would be acquiring fellow health communication platform DocbookMD for an undisclosed sum. As part of the deal Medici will now take control or DocbookMD’s technical assets, employees and customer contracts.  Both Medici and DocbookMD are Austin, Texas-based and focus on medical communications. DocbookMD, which was founded in 2008...
By Dave Muoio November 7, 2018
Less than half a year after its prior investment announcement, RapidSOS, a startup looking to update emergency response systems with its data collection platform, has raised another $30 million in Series B funding. The round was led by Playground Global, with additional participation from Highland Capital Partners, M12, Two Sigma Ventures, Forte Ventures, The Westly Group and CSAA IG. RapidSOS...
By Laura Lovett November 6, 2018
UnitedHealth Group finished the third quarter strong, reporting a 12 percent year-over-year revenue growth totalling $56.6 billion. This finish prompted the company to raise its 2018 net earnings outlook to approximately $12.10 per share, up from the $11.80 to $12.05 range.  CEO David Wichmann highlighted the company’s use of information, technology and clinical insights as reasons for the...
By Dave Muoio November 6, 2018
Apple’s healthcare patent update. A new Hong Kong and European trademark updates the classification of Apple’s AirPods to include health, fitness, exercise and wellness sensors (kudos to Patently Apple, which spotted the update). The updated classification also includes language concerning the transmission of biometric data, heart rate, body movement and burned calories. Despite this and other...
By Dave Muoio November 6, 2018
PatientPop, a Santa Monica, California-based company that offers doctors a marketing service to grow their practice, has raised an additional $25 million in funding. The round was led by Leerink Transformation Partners and brings PatientPop’s total backing to $75 million, according to an announcement released last week. PatientPop's platform helps practices acquire more patients, get better...