Health Wildcatters adds 10 startups to its accelerator

By: Aditi Pai | Aug 26, 2015        

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Dallas-based Health Wildcatters has announced the next 10 startups that will take part in its health technology accelerator. The brings the total number of companies that have taken part in Health Wildcatters accelerator to 32.

“We couldn’t be more excited to work with this group,” Health Wildcatters CEO Hubert Zajicek said in a statement. “All the companies demonstrated viable solutions to some of the biggest challenges in healthcare today — how to improve access, how to enhance education and prevention, how to leverage technology, to name a few. With our support, we feel this class can make huge strides in advancing these areas of healthcare, and we look forward to playing a role in that.”

During the accelerator, which lasts 12 weeks, startups receive office space, educational programming, and a network of mentors. Health Wildcatters highlights that in this year’s accelerator, 50 percent of the startups are led by women.

Last year, in June, the company reported that its first class, which launched in August 2013, had raised almost $5 million in VC funding within six months of the program. This year, the accelerator added that its second class also raised about $5 million in funding within six months.

Here are the 10 new startups in the Health Wildcatters accelerator:  Keep reading>>

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mPulse Mobile raises $1.7M for healthcare-focused secure messaging tool

By: Aditi Pai | Aug 26, 2015        

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mPulse MobileEncino, California-based mPulse Mobile, which offers secure messaging tools to healthcare companies, raised $1.7 million in a round led by OCA Ventures with participation from Jumpstart Ventures and Merrick Ventures. mPulse was created as a healthcare-focused spinoff of secure mobile messaging company mobileStorm at the end of last year.

mPulse has created a secure messaging offering designed for healthcare organizations including payers, pharmacies, providers, public and private exchanges, as well as employee wellness. The program is tailored specifically for the different healthcare organizations that use it.

For example, payers can use the tool to offer members secure mobile push notifications, Medicare enrollment support, and caregiver communications. Meanwhile, providers can use the offering to provide patients with appointment reminders, visit summaries, emergency waiting room time display, virtual visit support, and and post-visit satisfaction surveys. And pharmacies can use mPulse to support medication management programs, communicate shipping and order statuses for mail order prescriptions, offer medication adherence reminders, and help consumers find them.

A few weeks ago, mPulse acquired certain assets of the healthcare division of Archer USA, a Seattle and Johannesburg-based company that develops mobile-based patient engagement offerings.

“Archer’s healthcare business is well aligned with our vision of bringing innovative mobile solutions to solve key challenges in healthcare,” mPulse Mobile CEO Chris Nicholson said at the time. “This acquisition helps us further accelerate our business strategy and market growth.”

CVS Health taps three doctor video visits companies to expand its telehealth efforts

By: Brian Dolan | Aug 26, 2015        

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DrAndrewSussmanCVSMinuteClinicThis year continues to be a breakout one for doctor video visits: CVS Health announced this morning that it is working with three established remote visits companies: American Well, Doctor On Demand, and Teladoc, to expand its telehealth capabilities and services. Dr. Andrew Sussman, the EVP and associate chief medical officer of CVS Health and the president of MinuteClinic told MobiHealthNews via email that CVS plans on piloting the telehealth services in half a dozen states and expects to leverage different telehealth companies in different regions of the country.

Sussman pointed to four potential models of care for telehealth services through CVS. The most straightforward would be integrating a telehealth vendor’s services right onto CVS.com or MinuteClinic.com. Another would be extending MinuteClinic’s providers’ scope by giving them the option to consult with telehealth physicians — since MinuteClinic has no physicians on-site — to expand the clinic’s care capabilities beyond those of nurse practitioners and physician assistants when clinically appropriate. Another potential area of collaboration would see CVS MinuteClinics serving as a brick-and-mortar access point of care for consumers who use a telehealth service direct-to-consumer. Finally, Sussman mentioned the care model his company recently piloted: linking Minute Clinics via in-clinic telehealth systems to better distribute the patient load from one clinic to another less busy one.  Keep reading>>

MocaCare raises $2M for handheld, heart tracking device

By: Aditi Pai | Aug 26, 2015        

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MocacarePalo Alto, California-based MocaCare, which has developed a device that tracks cardiovascular health, raised $2 million in a round led by JDM Mobile Internet Solutions with participation from EMB International and Atom Health Corporation. This brings the company’s total funding to $4 million to date.

The device, called MocaHeart, scans the user’s fingertips to measure blood flow velocity and uses that metric to determine heart rate and blood oxygen levels. It also offers users a qualitative measure of users’ overall cardiovascular health, called the Moca Index, which the company says is correlated to blood pressure.  Keep reading>>

DynoSense raises $9.4M for mobile-enabled health sensing device

By: Aditi Pai | Aug 25, 2015        

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DynoSenseSunnyvale, California-based DynoSense, which has developed a mobile-enabled sensor that tracks a number of vital signs and other health biometrics, raised $9.4 million from WI Harper Group, JKOM Cloud Health Technology, Plug and Play Tech Center, Jinmao Capital, and Wilson, Sonsini, Goodrich and Rosati.

DynoSense’s device, called DynoSensor, measures ECG, EKG, pulmonary plethysmography (PPM), blood pressure change, hydration level, sleep, core body temperature, and activity. The company claims the device can capture more than 33 critical health metrics in less than 60 seconds with a single user action. After data is collected, it’s uploaded to a cloud platform, analyzed and can then be sent on to a care team. Users can access this data via mobile devices, set individualized alert levels for certain data values, and share the data with family members as well as caregivers.

The device is designed to be used in managed elderly care, chronic disease care, hospital discharge care, consumer health, and telemedicine.

“Our mission is to be at the forefront of the digital healthcare revolution, a market anticipated to reach more than $26 billion by 2020,” DynoSense CEO Saeed Azimi said in a statement. “With the Dyno, we are marking a new paradigm in how patients can be remotely monitored for physiological changes. We believe this will open up a whole new era of disease prevention that will enhance delivery of care, resulting in leapfrog improvements in efficiency, health outcomes and cost reduction.”

The company will use the funds to start working towards an FDA clearance and commercializing the DynoSensor.

In a video describing the device, Azimi explained that his device is similar to a tricorder, a future category of health sensing devices capable of diagnosing various ailments. This type of device gained popularity after Qualcomm launched a competition, called the Tricorder X Prize, which wraps up in 2016. A few months ago, two of the finalists in the Tricorder X Prize, Scanadu and Intelesens announced that they were merging their teams into one.

Webinar invitation: Who’s paying? Remote patient monitoring business models

By: Brian Dolan | Aug 25, 2015        

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Brian Dolan - MobiHealthNews Editor-in-ChiefThanks to a mix of new payment models and the rise of consumer-driven healthcare, remote patient monitoring and remote care services are increasingly available and increasingly popular.

This year brought with it a number of important developments in digital health reimbursement that will accelerate the trend. In addition to the now, well-known new Medicare billing code for chronic condition management, the government has also clarified the roadmap for future tech-enabled, next-generation ACOs. At the same time private payors — both health plans and self-insured employers — are backing remote care services of various stripes. Against that backdrop a number of telehealth companies are gaining traction — even going public — with mostly direct-to-consumer models too.

Whether you are creating or buying remote patient monitoring devices and services, you need to know the changes effecting costs.

In our next MobiHealthNews webinar (September 24 at 2PM ET) we will examine various business models and payment strategies that remote patient monitoring companies and their provider customers are pursuing today. Lastly, we will review the costs for building, deploying and maintaining remote patient monitoring devices.

Join us for this MobiHealthNews webinar and bring your questions for the always lively Q&A period. Register for this must-attend event today!