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August 1, 2018
Looking towards growth, MDLive announced this morning that it has closed a $50 million investing round led by Health Velocity Capital with existing investors Cigna Corporation and Health Care Service Corporation. Novo Holdings A/S and Industry Ventures also participated in the round.
“As telehealth continues its rapid integration into the healthcare space, this financing has provided us with a...
August 1, 2018
Naked Labs, the San Francisco fitness company working on a turntable scale and smart body-scanning mirror, has raised $14 million in a round led by Founders Fund and has begun shipping its product to pre-order customers, with plans for full availability in Q4. NEA, Lumia Capital, Venture 51, and Seabed VC also contributed to the series A round.
“Founders Fund is known for investing in big ideas,...
August 1, 2018
Dr. Ashish Atreja is an unabashed proponent of digital health. As chief innovation and officer and associate professor at the Icahn School of Medicine at Mount Sinai, he has contributed to a number of the organization’s digitally-focused initiatives and often speaks of the benefits these technologies can bring to care.
However, for digital health and medicines to avoid major pitfalls during its...
August 1, 2018
Just under two-thirds of U.S. teens and young adults have used a health-related mobile health app, according to a new survey of more than 1,300 US teens and young adults aged 14 to 22 years.
The survey, sponsored by Hope Lab and Well Being Trust, was designed and analyzed in part by Susannah Fox, a former HHS chief technology officer who also conducted similar surveys in the past as a part of the...
August 1, 2018
Wearables do well for Apple. Apple posted strong numbers in its most recent quarterly financial report. Of the $53.3 billion it generated in quarterly revenue (a 17 percent increase over last year), more than half came from international sales. Of note, the company’s wearable revenue — which includes the Apple Watch as well as AirPods and Beats headphones — has brought in more than $10 billion in...
July 31, 2018
San Mateo, California-based health data analytics company Evidation Health announced today that it has raised $30 million in Series C funding. In addition, the company has launched a new platform that marries smartphone, sensor, and medical data together for cohesive insights into patient behaviors and outcomes.
Evidation’s latest round was led by new backer SV Health Investors and returning...
Photo courtesy of Teladoc
July 31, 2018
With hundreds of digital vendors to chose from, figuring out the best way to provide quality care and wellness platforms to employees can be a difficult task for employers. Some companies are looking towards the most cutting edge apps, while others are seeking more traditional routes like implementing a telemedicine program. But as more companies dip their toes into the digital waters employers...
July 31, 2018
This story has been updated with some additional information about the layoffs.
Wal-Mart has decided to part ways with Castlight Health at the conclusion of its current contract rather than migrate over to Castlight Complete, the company's new platform designed to bring the consumer-facing care navigation tools it rolled out with Anthem Engage out to non-Anthem customers.
On the company's second...
Verana Health CEO and President Miki Kapoor
July 31, 2018
Tele-ophthalmology company DigiSight — now called Verana Health — has a new name, a new mission, a new CEO, and $30 million dollars in new funding led by Alphabet subsidiary GV (formerly Google Ventures). Additional contributors to the round include Biomatics Capital, Brook Byers (founder of Kleiner, Perkins, Caufield & Byers), GE Ventures, and Lagunita Biosciences, all existing investors.
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July 31, 2018
Neighborhood Health Plan (NHP) members in Massachusetts now have access to Welltok’s CafeWell platform following a deal between the payer and consumer health software company. The platform, which is targeted at increasing member engagement, will let the NHP reach out to its members through texting, calls, and emails.
"Our collaboration with Welltok reinforces NHP's commitment to outstanding...
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