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Wearable medical devices global market to reach $19.5B by 2021

The global market for wearable medical devices is expected to nearly $19.5 billion in 2021 at a compound annual growth rate (CAGR) of 28.8% for 2016-2021, according to a new report from Report Linker. The report reveals that the U.S. market for wearable medical devices is expected to grow from $2.5 billion in 2016 to nearly $8.7 billion in 2021 at a CAGR of 27.9% from 2016 through 2021.


Doctor On Demand Nabs $74M to Expand Virtual Care Platform

San Francisco, CA-based Doctor On Demand has raised 74 million in Series C funding led by  Princeville Global and Goldman Sachs Investment Partners with participation from existing investors including Venrock, Shasta Ventures, and Tenaya Capital. his funding will support the continued rapid expansion of Doctor On Demand’s telehealth platform and further its commitment to delivering access to quality care at scale.


Swedish digital health platform Doctrin raises €10 million Series A round

Stockholm-based health tech startup Doctrin has raised €10 million in a Series A round led by Swedish healthcare provider Capio and HealthCap with participation from Inbox Capital and Norrsken Foundation.The Swedish company develops a platform for healthcare providers to manage and follow up with patients by triaging and monitoring patients’ digital medical history. The patient can enter their symptoms via the app, which will advise on further treatment or if a face-to-face with a doctor is more appropriate.


Amazon gets pharmacy license

Combined with e-prescriptions Amazon will disrupt and lead this market, also in Europe – just a matter of time! So if you run a pharmacy we would suggest to transform your business model asap.

The Hill


Digital health investments are sexy

We have all read the headlines about new devices and apps in healthcare empowering patients to manage their health/disease more (cost-)efficiently and conveniently. People can book their doctor appointments online, monitor their sugar levels via an app or share information via an electronic health record. And the majority of customers – in our case patients – appreciate digital tools. Even more, they are actively asking for it and already choosing their health providers and payors based on their level of digital service portfolio.

So why is all this now so sexy, it sounds quite like a normal cyclic evolution in healthcare…?! Wrong!

Gordon Euller


Mary Meeker believes tech firms can take over healthcare

Her presentations are as interesting as they are long. Kleiner Perkins Caufield & Byers Partner Mary Meeker devoted 31 pages of her information-packed Internet Trends Report to health technology. The title of the section set the tone: „The Healthcare Digital Inflection.“



How can digital health startups meet priorities of investors, partners?

A panel discussion at MedCity INVEST conference highlighted some of the features investors and healthcare organizations look for in digital health startups, particularly the questions they address.

Medcity News


Investors are putting their dollars into patient experience

Personalized health and wellness are the top areas where investors are placing their money, according to Polina Hanin, academy director at StartUp Health, speaking at Sunday’s Venture+ Forum HIMSS17.



Healthcare IT News


Apple’s top 22 patient-facing personal care apps

Apple periodically features groups of apps in its app store for particular use cases and audiences. Under “Apps for Patients” in its Medical section, the company highlights these 24 personal care apps, which range from well known apps like WebMD and Mayo Clinic to some more under-the-radar options. Some apps apply to people living with particular conditions, while others provide lifestyle help for anyone. Read on for Apple’s 22 picks for personal care apps.


Global digital health VC funding hit £4.2 billion in 2016

Global health IT and digital health venture capital funding topped £4.2 billion ($5 billion) for the first time in 2016.

According to the US technology market intelligence company Mercom Captial Group, venture capital funding for Healthcare IT, including private equity and corporate venture capital, raised £4.25 billion (US$5.1 billion) in 622 deals in 2016.  This was up from £3.8 billion ($4.6 billion) raised in 574 deals in 2015.

Mercom Capital disclosed the figures in its annual report on funding, mergers and acquisition activity for the healthcare IT and digital health sector


In first major digital health deal of the year, Castlight Health acquires Jiff

Castlight Health, a company that made a name for itself with making price transparency in healthcare easier to manage for self-insured employers, has acquired Jiff, a health IT company that developed an employee benefits marketplace with the idea of making these benefits easier to manage, according to a company press release. As part of the deal, Castlight will give 27 million shares and options to former Jiff equity holders, when the deal closes in the first half od 2017. Those shares represent about 20 percent of the combined company on a fully-diluted basis.



NHS Digital Academy ‚will be virtual organisation‘

The recently announced training school for clinical information professionals will be a “virtual organisation”, according to an NHS England lead. Details of the NHS Digital Academy, where chief clinical information officers, chief information officers, and other aspirant leaders in IT will be trained and developed, were fleshed out by Harpreet Sood.


Equity crowdfunding platform OurCrowd launches $50M digital health fund

Israeli equity crowdfunding platform OurCrowd has launched a new fund specifically focused on the digital health field, called OurCrowd Qure. They will work with Johns Hopkins University to provide validation of value, market access,  and on-going feedback on the startups.



Patient portal market is projected to grow at a CAGR of 18.1% by 2020

The growth of the overall patient portals market can be contributed to federal mandates, growing adoption of a patient-centric approach in healthcare delivery, increasing EHR adoption, and growing popularity of patient portals among the elderly.


What is The ROI on Digital Health?

One question that still remains unanswered to many is the return on investment on digital health, including telemedicine. Most see the return as improvement in population health outcomes, the patient experience, and the doctor experience at less cost.


Investors: Digital health M&A is still in early stages

Investors MobiHealthNews spoke to seem to agree that we’re still in the early stages of digital health acquisition, characterized by larger startups buying smaller startups while big companies just dip their toes in with small deals and acqui-hires.



Atos spends $275 million on a digital healthcare acquisition

A big French information technology services company is spending $275 million to acquire a U.S. developer of electronic medical records system. The main reason for the acquisition is gaining market share in the $32 billion U.S. digital healthcare services market.


Apple acquires digital health startup Gliimpse

Apple has acquired personal health data-monitoring startup Gliimpse, which was founded in 2013 by Indian-origin Anil Sthi and Karthik Hariharan.

Deccan Chronicle


Cardinal Health acquires TelePharm, a digital health startup aimed at retail pharmacies

Cardinal Health, an Ohio-based healthcare products and services company, has acquired TelePharm, an Iowa-based company which, among other things, uses telemedicine to connect pharmacists to patients.



Google Glass startup has partnered with Aryka

Digital health deals: Lyft-GreatCall, Google Glass startup Augmedix-Aryaka. Ethicon, a medical device subsidiary of Johnson & Johnson, is collaborating with healthcare technology platform developer Touch Surgery



ASX listed companies make waves in $110B digital health market

Through technological breakthroughs in the medical field, treatments are becoming more accessible. According to the University of Illinois at Chicago, “Health IT opens up many more avenues of exploration and research, which allows experts to make healthcare more driven and effective than it has ever been.”


Astellas partners with MPM Capital to launch new health investment company, DigiTx Partners

Astellas Pharma Inc. and DigiTx Partners announced that Astellas has launched DigiTx Partners, a digital health investment company in partnership with MPM Capital, Inc. (MPM Capital).


Digital Health Funding Hits $2B In The First Half Of 2016

Following years of record-breaking venture funding, digital health investment funding hit slightly over $2 billion in the first half of 2016 according to a Rock Health report

Health IT Outcomes


Swedish Digital Health Startup Lifesum Nabs $10M from Nokia

Swedish digital health startup Lifesum has raised $10 million in funding led by global venture capital firm Nokia Growth Partners (NGP), with participation from Draper Esprit, Bauer Media Group and SparkLabs Global Ventures. Founded in 2008 by Henrik Torstensson, CEO, and Marcus Gners, COO, Lifesum’s app available on both Apple and Android combines technology and applied psychology with personal preferences to help people form habits that build towards healthier, happier lives. The app currently boasts over 15 million users worldwide.

HIT Consultant


Update on Private Equity in healthcare

Healthcare investors will remember 2015 for the juxtaposition of a very strong year, marked by record corporate M&A and strong PE investments and exits, against early signs of dislocation late in the year.



TELUS Health Acquires Nightingale’s Canadian EMR Assets for $14M

TELUS Health has entered  an agreement to acquire Nightingale Informatix Corp’s Canadian EMR software solutions and related assets for $14M. The acquisition will help expand the company’s EMR customer base in Ontario and Atlantic Canada where Nightingale’s EMR solution currently supports 4,000 physicians.

HIT Consultant



Investitionen in den Gesundheitssektor im weitesten Sinn nehmen aufgrund des enormen Potentials rasend schnell an Fahrt auf Mehr lesen


This Health Tech Insurance Company Just Raised $160 Million

Clover Health, an upstart health insurance company, just raised $160 million in new funding, making the round one of the largest for the burgeoning healthcare technology sector. This brings Clover’s total funding to $285 million.



Will Digital Health Be The Next Big Thing For Nokia?

In a recent interview to Fortune, Ramzi Haidamus, the President of Nokia Technologies, mentioned that the company is focusing its research on the field of digital health. Nokia Technologies is the innovation arm of Nokia and teh effort is nascent as the company has yet to launch a product in this market.



Digital Health Funding: 2015 Year in Review

2015 was another year of big numbers for digital health—the year closed out with over $4.5B in funding flooding into the space, a sizable increase in the number of later stage rounds, and 187 M&A deals.