A daily newsletter summarizing recent activity & interesting startups globally
RECENT NOTABLE ACTIVITY – HEALTHCARE ANALYTICS
- Expression Health provides business intelligence analytics for healthcare organizations and providers, raised $315K in seed funding. Link
- 12Sigma, an AI based deep-dimensional tool for medical diagnosis, received $1.5M seed funding from Iterative capitals and Monternet Holdings. Link
- LPixel develops image analysis tools using artificial intelligence, closed a $7M Series A funding round. Link
- Huiyihuiying, a provider of artificial intelligence based medical image management and consultation platform, received an undisclosed amount of funding in the Series A round. Link
- Evolent Health, a public company offering clinical and operational technology solutions to healthcare organizations received $11M post-IPO financing. Link
- Recondo Tech, connects providers, payers, and patients using cloud computing solutions throughout the healthcare revenue cycle received $16M funding from Lemhi Ventures. Link
- Health Data Intelligence, a provider cloud-based
analytics, and population health management platform was acquired by TrendShift, a SaaS-based Decision Analytics, and Risk Assessment company. Link - Stanson Health, a clinical Decision Support at the Point of Care, received $9.2M Series B funding. Link
SOME INTERESTING STARTUPS FOUND
Array Advisors (2016, Pennsylvania) – Offers a SaaS platform that helps in taking strategic decisions using empirical data from both public and proprietary sources
CareCDS (2016, Michigan) – Offers a Cloud-based pain management CDS system for healthcare providers.
LEADER BOARD – HEALTHCARE ANALYTICS
Suite Solutions
Inovalon (1998, Bowie, IPO) – Cloud-based analytics platform for clinical, financial and quality insights. Went public in 2015.
Evolent Health (2011, Arlington, IPO) – An integrated platform for population health, financial and operational analytics. Went public in 2015.
Flatiron Health (2012, NYC, $314M) – Cloud-based Cancer care platform for clinical, financial and operational intelligence. Backed by Google Ventures, Roche, First Round Capital, Social Capital, SV Angels and more.
Health Catalyst (2008, Salt Lake City, $237M) – A suite of health analytics and data management solutions to help identify care gaps and support process improvement. Backed by Sequoia Capital, Norwest Venture Partners, Sands Capital Ventures, Sorenson Capital and more.
Clinical Analytics
Proteus Digital Health (2001, Redwood City, $404M) – Medication adherence platform using sensor-enabled pills, biometric sensor patch and data analytics. Backed by Novartis, Medtronic, Oracle, KP Ventures.
Imaging Advantage (2007, Santa Monica, $295M) – Cloud-based clinical decision support tool for radiologists. Backed by Goldman Sachs, Brightwood Capital Advisors and CRG.
Heart Flow (2007, Redwood City, $227M) – Non-invasive decision support tool for diagnosing blood flow blockages in the heart. Backed by Capricorn Investment Group and more.
Welltok (2009, Denver, $185M) – PaaS based analytics platform for health optimization and population health management. Backed by Qualcomm Ventures, EMCAP partners, Interwest Partners, Bessemar Venture Capital.
Financial Analytics
MediGain (2002, Plano, $46M) – Analytics tools for revenue cycle management, billing and reimbursement. Backed by Prudential Capital Partners.
Apixio (2009, San Mateo, $42M) – Cognitive computing platform for risk adjustment coding. Backed by SSM Partners, First Analysis and Bain Capital Ventures.
Truveris (2009, NYC, $27M) – SaaS-based platform for prescription claims analytics and pharmacy data validation. Backed by New Leaf Venture Partners,Tribeca Venture Partners, First Round, New Atlantic Ventures and more.
LaunchPoint (2008, Rolling Meadows, $26M) – Cloud-based healthcare analyti
Operational Analytics
Evariant (2008, Farmington, $68.5M) – CRM analytics platform for digital marketing and patient engagement. Backed by Goldman Sachs, Lightspeed Venture Partners, Health Enterprise Partners, Dignity Health and Salesforce Ventures.
Kyruus (2010, Boston, $56M) – Referral management solutions using analytics and data mining. Backed by Venrock, Mckesson Ventures, New Leaf Venture Partners, Highland Capital Partners and more.
OnShift (2008, Cleveland, $30M) – SaaS based staff scheduling software that predicts and prevents overtime and under-staffing. Backed by Health Velocity Capital, HLM Venture Partners, Draper Triangle, West Capital Advisors and more.
PatientPop (2014, Santa Monica, $24M) – End-to-end marketing platform that uses analytics for performance measurement. Backed by Toba Capital, Athena Health and Silicon Valley Bank.
Binary Fountain (2003, Mclean, $22M) – Cloud-based platform for analyzing patient feedback from social media, surveys and online sites. Backed by HLM Venture Partners, Pioneer Venture Partners and Providence Health & Services.
Leaderboard includes all the top funded, IPO and successfully running bootstrapped companies along with their location, founding year and funding amount.
For latest updates, visit the Healthcare Analytics feed.