News & Updates

LifeNexus, maker of digital insurance card, raised $4M from undisclosed investors, bringing its total funding to date to $11.9M. The company is looking to raise another $3M soon.

Biobeats, an application using bio-metric data to produce customized music, raised $650K in seed funding from actor Will Smith, producer Scooter Braun, entertainment lawyer Ken Hertz, CEO of AAM Mark Beaven, actor Damon Wayans, Cantora Records, musician Justin Boreta, ENIAC Ventures, Zhen Fund, and angel investor Gotham Chopra. The news was reported by Techcrunch.

Alere Connect, a remote health monitoring solutions provider, received FDA 510(k) clearance for MobileLink, a cloud-based hub that allows diagnostic data exchange between patients, providers and EHRs. MobileLink is also FDA-cleared for over-the-counter use with other FDA-cleared devices like blood-pressure monitors, glucose meters and weight scale.

HealthSparq, a health care transparency solutions provider, will offer its cost and quality comparison solutions to the members of a large non-profit health plan in New York. Members will be able to search and compare providers as well as exchange reviews and ratings.

According to a new study published in the Health Affairs journal, hospital data exchange increased by 41% over the last four years, and 58% of hospitals regularly exchanged data with outside providers in 2012. The study was led by Farzad Motashari.

Health benefits management platform Maxwell Health raised a $2 million Series A round led by Tribeca Venture Partners. Maxwell Health is a member of StartUp Health’s inaugural class of Healthcare Transformers.

The Verizon Wireless Converged Health Management (CHM) Device secured Class II 510(k) clearance from the FDA this month. The device is a remote monitoring platform and will be available via prescription only once it launches commercially.

The VA awarded CACI International a $14 million contract to build a data exchange platform that consolidates EHR data and benefits information across the VA, DoD, and other agencies as part of its VLER program.

The Alabama Department of Public Health released a free public mobile app. The app is meant to improve dissemination of public health information to Alabama residents and to keep the public health community up to date about opportunities for continuing education.

Gene by Gene acquired Arpeggi, a StartUp Health- and GE-backed company, to develop a suite of more affordable genetics testing and diagnostics services for consumers, researchers and health care providers.

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