News & Updates

CVS/pharmacy launched an interactive iPad app that allows customers to explore a virtual 3D CVS/pharmacy and access services from all CVS departments. The CVS iPad app personalizes the retail experience and helps consumers manage their health care and drugstore needs.

AthenaHealth announced a deal with Aetna’s iTriage to incorporate Athena’s network of providers into iTriage’s provider locator and appointment booking features. The companies aim to connect Athena’s network of 40,000 health care providers with iTriage’s more than 8 million consumers.

Researchers at the London School of Economics concluded in a recent study that telehealth does not seem to be a cost effective care option for chronic illness. The study found that participants using telehealth in addition to usual care were only slightly healthier than participants receiving usual care alone, but telehealth was much more expensive.

Omada Health raised a Series A round of $4.7 million; the financing was led by U.S. Venture Partners. Omada will use the money to launch Prevent, a 16-week online weight loss program for individuals at risk of developing type 2 diabetes.

The U.S. Veterans Health Administration and the U.K.’s National Health Service have agreed to exchange health IT knowledge and leadership ideas with one another over the course of three years, according to a report that launched the effort. The collaboration hopes to trigger mainstream digital health efforts in the U.K. and specialized telehealth services in the VHA.

Third Rock Ventures, a venture capital firm focused on health care companies, raised $516M in an oversubscribed fund. Since 2007, Third Rock has raised more than $1.3B for investments in health care companies.

West Health Institute, a medical research organization, found that medical device interoperability could save $30B a year in health care costs. Additionally, this ability of medical devices and health care systems to communicate and exchange information would also help in improving patient care.

One Medical Group, a San Francisco based medical facility, raised $30M in a funding round led by Google Ventures, as reported by Gigaom. This brings their total amount raised to $77M. One Medical provides concierge-style service to its patients that include personalized care, prescriptions renewals, access to online medical reports and records, and email communication with doctors.

HealthTap, a network of online and mobile doctors, will now provide personalization options for its users. The free service will allow patients to attach relevant personal characteristics to their questions, allowing for better diagnosis.

DoctorBase, provider of mHealth-as-a-Service, now serves more than 3M patients and 9000 health care providers on its mobile messaging platform. The company allows doctors to offer their patients secure, medically-oriented smartphone access to diagnosis and advice.

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