Nectar Raises over $24M in Funding to Scale Personalized Allergy Care Platform Nationally
Investment from venture funds Juxtapose, Obvious Ventures, and Harmony Partners will help Nectar launch its comprehensive allergy care program nationwide. Nectar, an innovative and comprehensive allergy care platform, announced today its $16.5 million Series A round led by Harmony Partners, with meaningful participation from founding partners Juxtapose and Obvious Ventures, who co-built the company with Founding CEO Kenneth Chahine, Ph.D. Nectar’s latest fundraising round, which builds on their March 2022 seed investment and brings total equity raised to over $24M, will allow the company to invest in three key ...
Source: EMR and HIPAA - December 26, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT AAPRI Allergy Care Harmony Partners Health IT Funding Health IT Fundings Health IT Investment Imperial College London James Joaquin John Zwetchkenbaum M.D. Juxtapose Kari Nadeau M.D. Ph.D. Kenneth Source Type: blogs

Former US Sec. of Veterans Affairs & Daughter Launch Chronic Pain Care Startup, Override, Raise $3.5M, Acquire Leading Pain Coaching Company
A non-opioid solution utilizing a team-based approach to care & the latest in pain neuroscience Emerging from stealth, Override, a new multi-specialty, virtual chronic pain solution, announces seed funding of $3.5 million. Founded by former US Secretary of Veterans Affairs, David Shulkin MD, and his daughter, Jennie Shulkin JD, Override’s funding round was led by 7wireVentures and Martin Ventures, with SignalFire and Confluent Health joining the round. Shortly after fundraising, Override acquired the country’s leading pain management coaching business: Take Courage Coaching. Today, 50 million adults (1 in 5) in th...
Source: EMR and HIPAA - December 22, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Telemedicine and Remote Monitoring 7wireVentures behavioral health Chronic Conditions Chronic Pain Chronic Pain Treatment Chronic Patient Confluent Health David Shulkin MD Health IT Funding Health IT Source Type: blogs

Netflix for Drugs?
By KIM BELLARD A relative — obviously overestimating my healthcare expertise — asked my thoughts on The New York Times article Can a Federally Funded ‘Netflix Model’ Fix the Broken Market for Antibiotics? I had previously skimmed the article and was vaguely aware of the Pasteur Act that it discusses, but, honestly, my immediate reaction to the article was, gosh, that may not be a great analogy: do people realize what a tough year Netflix has had? I have to admit that I tend to stay away from writing about Big Pharma and prescription drugs, mainly because, in a US healthcare system that seems to pride i...
Source: The Health Care Blog - December 21, 2022 Category: Consumer Health News Authors: matthew holt Tags: The Business of Health Care Congress Kim Bellard Netflix Pharma Pharmaceutical industry Source Type: blogs

Hospital for Special Surgery (HSS), The Global Leader in Orthopedics, Launches Newco Targeting $380B National Musculoskeletal Health Burden
Flare Capital and HSS leading $21M Series A fundraising round for RightMove Powered by HSS, a national virtual triage and nonsurgical physical therapy solution that produces better outcomes at reduced costs Hospital for Special Surgery (HSS), the world’s leading academic medical center specializing in musculoskeletal health, today announced a $21M Series A to launch RightMove Powered by HSS™, an independent for-profit company, whose mission is to make high quality, patient-focused virtual musculoskeletal physical therapy available to all Americans. The round, led by Flare Capital and HSS, will be used to build out ...
Source: EMR and HIPAA - December 5, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Telemedicine and Remote Monitoring Amy Fahrenkopf Flare Capital Flare Capital Partners Health IT Funding Health IT Fundings Health IT Investment Hospital for Special Surgery HSS HSS Health Louis A. S Source Type: blogs

Disruption Final
BY JEFF GOLDSMITH If you read the business press, as I do every day, It is impossible to escape the “disruption” meme.  Clayton Christiansen’s  1997 Innovators Dilemma explored how established businesses are blindsided by lower-cost competitors that undermine their core products, and eventually destroy their businesses.   Classic examples were the displacement of film-based cameras by digital cameras and, now, cell phones, the destruction of retail shopping by Amazon and video rental outlets by streaming video services. A Civic Religion Perhaps because Christiansen’s analysis arrived at the peak of the ...
Source: The Health Care Blog - October 5, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Health Tech Health Technology health innovation Jeff Goldsmith Source Type: blogs

Has “Disruption” Reached Its Sell-by Date? 
BY JEFF GOLDSMITH If you read the business press, as I do every day, It is impossible to escape the “disruption” meme. Clayton Christiansen’s 1997 Innovator’s Dilemma explored how established businesses are blindsided by lower cost competitors that undermine their core products, and eventually destroy their businesses. Classic examples were the displacement of film-based cameras by digital cameras and then cell phones, the destruction of retail shopping by Amazon and of video rental by streaming video services. A Civic Religion Perhaps because Christiansen’s analysis arrived at the peak of the first In...
Source: The Health Care Blog - October 5, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Health Tech Health Technology health innovation Jeff Goldsmith Source Type: blogs

Weekly Overseas Health IT Links –17th September, 2022.
This study adds to the evidence showing that expanded access to these services could have a longer-term positive impact if continued.”Roughly 1 in 8 beneficiaries in the pandemic group received OUD-related telehealth services compared with 1 in 800 in the prepandemic group, the research revealed. Access to telehealth services was associated with better treatment retention and lower risk of medically treated overdose in the pandemic group compared to those not receiving telehealth services.-----https://healthimaging.com/topics/management/education-training/ai-deterring-students-pursuing-radiologyConcerns about the future ...
Source: Australian Health Information Technology - September 17, 2022 Category: Information Technology Authors: Dr David G More MB PhD Source Type: blogs

AI Startup AESOP Raises $3M to Tackle Medical and Billing Errors
Digital health startup AESOP Technology has raised a $2.95 million series pre-A round to address the growing medical and billing errors problem. The round was led by Taiwania Capital with participation from Colopl Next, 500 Startups, and BE Capital. Originally from Taiwan, AESOP started as a university spin-off from Taipei Medical University (TMU). Professor Yu Chuan (Jack) Li, the founder and current president at the International Medical Informatics Association, spent ten years before AESOP working on big data approaches to reduce medication errors. He initially applied the model to launch a product, RxPrime (previo...
Source: EMR and HIPAA - September 13, 2022 Category: Information Technology Authors: Healthcare IT News Tags: AI/Machine Learning Health IT Company Healthcare IT 500 Startups AESOP AESOP Technology BE Capital Colopl Next Dr. Jeremiah Scholl Dr. Jim Long DxPrime Health IT Funding Health IT Fundings Health IT Investment International Med Source Type: blogs

Stop Talking About the Bubble and Start Telling Your Story
BY MICHELLE SNYDER Unless you have been off the grid for the past few months (which frankly sounds kind of nice right now), you know that the digital health market has changed dramatically.   While not surprising to those of us who have been through the boom-and-bust cycles of the past two decades, it nevertheless has been an awakening for many investors and entrepreneurs.   As an entrepreneur, there are some things you cannot control – the macro-economic climate, supply chain disruptions and narcissist led wars halfway around the world.  But what is entirely within your control is how you tell y...
Source: The Health Care Blog - August 18, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Economics Finance Health Tech Health Technology The Business of Health Care entrepreneurship MIchelle Snyder Source Type: blogs

HealthTechDeals Episode 41 | Cera, Birdie, Theator, Tebra, Diagnostic Robots
It’s a tale of two markets: on one side we have layoffs, sinking stock prices, and all sorts of trouble, but on the other side we’ve got some good bills passed and some pretty great fundraising! In this episode, Jess and I dive more into the dual nature of the state of health tech. Is it the best of times and the worst of times? We find out, and talk through some recent multimillion-dollar deals: Cera raises $320 million; Birdie raises $30 million; Theator raises $24 million; Tebra raises $72 million; Diagnostic Robotics raises $45 million. -Matthew Holt (Source: The Health Care Blog)
Source: The Health Care Blog - August 11, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Health Tech Health Tech Deals Birdie Cera Source Type: blogs

Senate Bill: IRS Funding Hypocrisy
Chris EdwardsThe Senate ’s Inflation Reduction Act includes an $80 billion increase in the Internal Revenue Service budget over a decade, which would roughly double the agency’s budget by 2031.It ’s nearly impossible for taxpayers to contact the IRS for timely answers to filing questions, but the Senate bill devotes just $3.2 billion of the new spending to “taxpayer services.” The lion’s share—$46 billion—goes toward jacking up IRS enforcement. The thrust of the bill is against t he people, not for the people to understand the code and voluntarily comply.Senators supporting the bill talk about “tax cheat...
Source: Cato-at-liberty - August 5, 2022 Category: American Health Authors: Chris Edwards Source Type: blogs

Empowering Trainees to be Leaders and Change Agents
We described several wellness initiatives that were done at individual campuses. The University of Illinois where I attend, we had a wellness committee that we formed led by students. We were able to partner with local companies to bring in more healthy food options. We were able to set up a counseling center dedicated specifically towards medical trainees. Joe Geraghty: And so that’s at the institutional level, but then in our local community, we had several letters from places like the University of Chicago. We had a medical student who wrote about how they were developing kind of like easy to digest infograp...
Source: Academic Medicine Blog - April 25, 2022 Category: Universities & Medical Training Authors: amrounds Tags: AM Podcast AM Podcast Transcript Annual Call for Trainee-Authored Letters to the Editor ATLAS Trainee Perspective leadership medical education scholarship medical students residents scholarly publishing trainee engagement Source Type: blogs

When Crypto Comes to Health Care
By KIM BELLARD The conflict between Ukraine and Russia has been called many things.  To most of the world, of course, it’s considered an invasion, a war between the two countries.  To Russia, it’s a “peacekeeping” mission.  The description that I can’t get out of my head, though, is one that I believe The Washington Post first used:  it’s the world’s first crypto war.   “There is something about the war in Ukraine that feels different,” a former U.S. intelligence official told Nick Bilton. “We’ve seen wars documented on Twitter and images shared on the internet before, but this time it isn...
Source: The Health Care Blog - March 8, 2022 Category: Consumer Health News Authors: Ryan Bose-Roy Tags: Artificial Intelligence Health Tech cryptocurrency Healthcare Russia Ukraine Source Type: blogs

Increasing Representation of People of Color in Medtech: Interview with Kwame Ulmer, Co-Founder of MedTech Color
Medtech Color is a non-profit organization that aims to increase the representation of people of color within the medtech industry. The organization sets out to achieve this by creating networking opportunities, highlighting the barriers faced by black and brown people within the medtech industry, and increasing access to venture capital funding.     The organization reports that less than 1% of venture capital funding is received by black entrepreneurs. To help address this, Medtech Color runs an annual Pitch Competition, where early-stage startups with black and brown founders compete for a variety of a...
Source: Medgadget - March 4, 2022 Category: Medical Devices Authors: Conn Hastings Tags: Exclusive Society Source Type: blogs

Synapse Medicine Raises $28M to Scale Its Medication Reconciliation Platform
Synapse Medicine has raised $28 million, led by leading European venture firm Korelya Capital, and existing investors (XAnge, MACSF, and BNP Paribas Development). This is the third fundraising round in three years for the startup, reaching a total of $40 million. The company, already scaling across Europe, plans to accelerate the deployment of its medication […] (Source: EMR and HIPAA)
Source: EMR and HIPAA - March 1, 2022 Category: Information Technology Authors: Healthcare IT News Tags: Clinical EMR-EHR Health IT Company Healthcare IT BNP Paribas Development Dr Clement Goehrs Fleur Pellerin Health IT Funding Korelya Capital La Charité MACSF Synapse Medicine XAnge Source Type: blogs