November 16, 2015
Reducing readmissions is an oft-repeated goal as the healthcare industry transitions from fee-for-service to value-based care. But "readmissions" can be a bit of a misnomer, since patients aren't always admitted to the same facility they were discharged from. And a patient's primary care provider doesn't always have a way to find out that their patient has turned up in another hospital's...
October 20, 2015
Collective Health, a software company that helps small employers transition to self-funded plans, has raised another $81 million, bringing its total funding to $119 million.
Google Ventures was the sole new investor in the round. Returning investors NEA, Founders Fund, Maverick Capital, Redpoint Ventures and RRE Ventures also contributed. Up until now Collective Health has been operating only in...
April 2, 2015
Google Ventures, the early-stage investment arm of Google, has invested about 30 percent of its fund into health startups, according to Krishna Yeshwant, one of its general partners. The fund receives $300 million a year from its parent company. Yeshwant, who is also a practicing physician, discussed Google Ventures' digital health investments at the HxRefactored 2015 event in Boston this week....
March 31, 2015
San Francisco-based direct-to-consumer remote dermatology care service Spruce has raised $15 million from Kleiner, Perkins, Caufield and Byers, Google Ventures, Baseline Ventures, and Cowboy Ventures. This brings the company's total funding to $17 million to date. Spruce offers consumers an app that helps them get treatment for some skin problems without having to interact with a physician in-...
August 6, 2014
San Francisco-based video visit app Doctor On Demand raised $21 million in a round led by Venrock with additional funding from Shasta Ventures and Sir Richard Branson, the founder of Virgin Group, which offers employee wellness program Virgin Pulse.
This brings the company's total funding to $24 million.
Existing Doctor on Demand investors include Venrock, Andreessen Horowitz, Google Ventures,...
December 11, 2013
Video consultation app Doctor on Demand has launched and already raised a $3 million seed round from Venrock, Andreessen Horowitz, Google Ventures, Lerer Ventures, Shasta Ventures and Athena Health CEO Jonathan Bush.
The app offers patients a portal from which to connect to physicians and is available on iOS and Android platforms. Each video call, which costs $40, can be paid for with a credit...
December 9, 2013
Qualcomm Life Fund's Jack Young
More than $4 billion has been invested in digital health startups in the past three years, Qualcomm Life Fund's director Jack Young told attendees at HIMSS' Venture+ event at the mHealth Summit this week, and that means those investors are expecting a total return of about $15 billion in the next five to seven years. Young said the excitement in digital health...