Inbound Health, a value-based care enablement platform for health systems and plans to provide at-home acute and post-acute care, announced the close of a $30 million Series B funding round led by HealthQuest Capital.
Existing investors McKesson Ventures and Flare Capital Partners participated in the round.
The Minnesota-based company will use the funds to expand into new markets and further...
UK-based medtech company MediConnect have announced a new partnership with software specialists Rishabh Software to build a pilot version of their new medical supply chain management platform. The platform will be the first blockchain-based application to manage the supply chain for ordering personal protective equipment (PPE) and medication across multiple health care practices.
WHY IT MATTERS...
The healthcare industry has seen waves of hype around an array of technologies over the last century or so — each one promising to be revolutionary in its own way. Most recently blockchain has become the go-to topic in the future of healthcare. Industry players are promising the technology can link patients' medical records, verify medications and more, but like many new tools it has been met...
Federal officials are working on policy about the emerging technology deliberately, helping to set expectations for near- and medium-term healthcare applications.
While blockchain’s overall impact might still be under contention, it’s hard to argue that there isn’t widespread interest among C-suites about just what the distributed ledger technology could bring to their businesses.
Nearly three in four executives could see a “compelling business case” for blockchain, and roughly a third said that some manner of blockchain system was already underway at...
Money is a motivator. Recently, digital health companies have starting to tap into blockchain-backed cryptocurrency as a way to motivate users to workout, take medication and stay sober. Most of the currencies can be cashed-in for goods like workout gear, or a paid service the platform offers like coaching. Other companies are also using the digital currency as an incentive for patients to...
For healthcare, blockchain is continually transitioning from an obscure technology to a viable tool for various administrative and data-focused use cases. But while players big and small might be curious about its potential, they’ll also need to put their money where their mouth is when it comes to pilots and partnerships dedicated to the distributed ledger technology.
Plenty of healthcare...
