Humana was the mystery buyer of Boston-based health engagement company Healthrageous, MobiHealthNews has learned. Healthrageous sold its assets to Humana and a number of Healthrageous employees who supported the platform will also be joining the insurance company. MobiHealthNews first reported last week that Healthrageous had shut down and had its assets acquired. The financial details of the...
Personal emergency response system (PERS) maker QMedic has won $2.2 million from the National Cancer Institute "to create next-generation passive sensing and self-report tools to enhance clinical interventions for at-risk patients."
The funding will allow the team to launch a three year clinical pilot with Northwestern University’s Robert H. Lurie Comprehensive Cancer Center (RHLCCC) in Chicago,...
Co-located at Health 2.0, Morgenthaler Venture's DC to VC event, a startup contest that aims to bring together government policymakers, venture capitalists, and entrepreneurs, had a special resonance this year: It happened to be timed the day before the opening of nationwide health insurance exchanges, as mandated by the Affordable Care Act. Pitching to a room full of investors, entrepreneurs...
At the "3 CEOs" session at the Health 2.0 event in Santa Clara, California this week, two CEOs of famously acquired digital health companies, Christine Robins of BodyMedia and Pete Hudson of iTriage-maker Healthagen, talked about their respective mergers. Also, Hudson and Doximity's Jeff Tangney expounded on recently launched products, while Robins merely hinted at a big move to come.
Hudson,...
OnTrack Diabetes
Medivo, a healthcare IT company based in New York City, has acquired OnTrack Diabetes, an Android-only diabetes management app, for an undisclosed amount. This is the second disease management app acquisition for the company, which bought WellApps last year.
OnTrack helps users track blood glucose, food intake, medication, blood pressure (BP), pulse, exercise and weight. It...
Screenshot of Sharecare's website
Atlanta-based online health advice portal Sharecare raised an undisclosed sum from Nashville-based investment firm Heritage Group, bringing its total funding to $91 million. Up until this week, the company's only disclosed funding was the $14 million the company raised last year.
Sharecare will use the funding to support patient engagement between health...
Entrepreneurs in Rock Health's 5th class
San Francisco-based digital health accelerator Rock Health put on its fifth demo day this week. Rock Health announced the class in June and the accelerator ran until this past week when companies made presentations to show how they have grown in the past three months. Of the 11 companies, 10 presented at the demo day.
This class had some high profile...
PatientSafe Solutions raised $7 million from EDBI, the investment arm of Singapore's Economic Development Board. This completes a $27 million round for the company and brings its total funding to around $70 million. MobiHealthNews covered the first part of this round back in January. It was led by Merck GHI with additional contributions from Camden Partners, TPG Capital and Psilos Group.
The...
San Francisco-based Practice Fusion, maker of a free, web-based EHR, has raised $70 million in a round led by Kleiner Perkins Caufield & Byers (KPCB). OrbiMed Advisors, Deerfield Management Company, and Industry Ventures also contributed to the round, as did previous investors Artis Ventures, Morgenthaler Ventures, Felicis Ventures, Glynn Capital Management, Band of Angels Acorn Fund, H...
Sprint and Techstars have launched a mobile health accelerator in Kansas City, the hometown region of Sprint, that will mentor 10 startups, according to a press release.
Applications are open until December 6th, finalists will be notified in January, and the actual program is expected to start March 2014. The program will last three months and companies can receive up to $120,000 in funding, $20,...
