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Tracxn – Analyst Notes # 1315 – Healthcare Analytics

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Analyst Picks

  • PatientPop (2014, Santa Monica, $23.8M) – Marketing platform for healthcare providers
    Market: Healthcare Analytics > Operational Analytics > Marketing > Consumer Engagement

Funding Rounds

Series D, $80M
Tempus (2015, Chicago, $210M) – Oncology platform for sequencing, analytics and informatics
Investors: New Enterprise Associates, Revolution

Post IPO, $79M
Inovalon (1998, Bowie) – Cloud-based data analytics platform that helps improve clinical, quality and payment integrity outcomes

Series C, $47.3M
Infervision (2016, Beijing, $74.1M) – Diagnosis through medical imaging using deep learning techniques
Investors: Sequoia China, Qiming Venture Partners, Xiang He Capital, Advantech Capital, Yuan Sheng Capital

Series B, $36.4M
Aetion (2012, New York City, $50M) – Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population
Investors: New Enterprise Associates, Amgen, Flare Capital Partners, Lakestar, OXEON HOLDINGS

Series A, $9.8M
Brainomix (2010, Oxford, $13.6M) – Medical imaging software to automatically interpret brain CT scans

Investors: Parkwalk, Chimera Partners, Oxford University Innovation, Boehringer Ingelheim Venture Fund

Seed, $3M
Canvas Medical (2015, San Francisco, $3M) – Provides a predictive charting interface and predictive EMR

Investors: Upfront Ventures, iSeed Ventures, Village Global

Series A, $3M
Obvio Health (2015, Singapore) – An integrated suite of applications that provides brands with the tools necessary to track and measure medical marketing program successes

Investors: Tikehau Capital

Post IPO, $2.1M
Mynd Analytics (1999, Aliso Viejo, $33.9M) – Provider of reference data and analytic tools for clinicians and researchers in psychiatry.

Conventional Debt, $2M
Cardinal Analytx Solutions (2013, Palo Alto, $6.1M) – ML-based for member risk prediction and targeted interventions

Series B, $1.5M
ArborMetrix (2011, Ann Arbor, $14.7M) – Clinical analytics platform to measure and improve outcomes, quality and cost

Conventional Debt, $1.3M
Bay Labs (2014, San Francisco, $5.5M) – Deep learning based medical imaging diagnostics for Heart diseases

Seed, $845K
Roundtable Analytics (2013, North, $845K) – On-demand simulation modeling solution for emergency departments

Post IPO, $622K
Feedback (1958, Cambridge) – Software solutions and workflows for medical image analysis

Seed, $325K
WiserCare (2010, Los Angeles, $7.4M) – Decision support software for patients and physicians

Seed, $166K
Grr-ithm (2015, Van Nuys, $166K) – AI based medical records management platform

M&A

  • Roche. (4/6/18). “Press Release: Roche Completes Acquisition of Flatiron Health”. BaselLife-Sciences-Germany
  • Netsmart to Acquire Change Healthcare Home Care and Hospice Solutions Business Wire
  • U.K. Healthcare Entrepreneur Buys Radiology A.I. Startup Behold.AI Xconomy
  • Open Source Health Inc. Announces Letter of Intent Dated March 26, 2018 to Acquire Private Company Holding Cannabis Interests The Newswire
  • Health IT company recapped by Boston firm Nashville Post

FDA Approval

  • Densitas Receives FDA Clearance for PACS-Centric Breast Density Software Imaging Technology News
  • Eyenuk, Inc. Receives Health Canada Approval for EyeArt?, an AI-enabled Cloud-based Automated Diabetic Retinopathy Screening Software Pharmacy Choice

New Product Announcement

  • ResApp Develops Sound-based Algorithm to Diagnose Sleep Apnea via Smartphone HIT Consultant
  • Canvas Medical reveals tech platform geared toward primary care practices MedCity News
  • Omnicell to Showcase Industry-Leading Medication Management Automation Platform and Solutions at the European Association of Hospital Pharmacists Congress PR Newswire
  • MYnd Analytics and Arcadian Telepsychiatry Services Announce Launch of School-Based Telepsychiatry Program Designed to Provide Youths with School-Based Access to Mental Health Services GlobeNewswire
  • Inovalon Launches Clinical Data Extraction as a Service and Natural Language Processing as a Service on the Inovalon ONE Platform CMOCRO
  • Innovaccer Launches InGraph to Transform Healthcare Analytics HIT Consultant
  • Health Data Vision, Inc. Introduces the First Mobile App Providing Real Time Visibility and Engagement for Medical Record Retrieval & Review GlobeNewswire
  • Decision Resources Group (DRG) announces launch of new brand – DRG Learning PR Newswire
  • Roundtable Analytics Delivers Benchmarking Data Services to SAEM Member Institutions PR Newswire
  • Ibex Medical Analytics Deploys the First Ever AI-based Digital Pathology Cancer Diagnosis System in Live Clinical Setting, With Immediate Impact on Patient Care PR Newswire

Business Partnership

  • Inovalon Announces New Post Acute Care Services Agreement with Tenet HealthcareCMOCRO
  • Zelis® Healthcare and WLT Software® Announce Partnership for Integrated ePayment Solutions Business Wire
  • NetScientific portfolio company expands into orthopaedics with new partnership Proactive Investors

Company Announcement

  • Sonde Health Announces U.S. and Australian Patent Issuances Broadly Covering Methods of Detecting Vocal Biomarkers in Physical or Psychological Conditions Business Wire
  • Google’s DeepMind to open AI lab in Paris Telecompaper
  • WellDoc Announces Providence Health & Services’ Implementation of BlueStar Digital Therapeutic in a Pilot Program Citybizlist
  • MedyMatch Technology Announces Name Change to MaxQ-AI PR Newswire
  • HealthEC Adds The Villages Health to Population Health Management Solution Citybizlist

Earnings Release

  • Friday Night Inc. Announces Second Quarter Financial Results PR Newswire
  • Volpara Health Technologies delivers 200% growth with analysts tipping more to comeBiotech Capital

Commentary on Sector

  • Humana, UnitedHealthcare, Quest Diagnostics and others launch blockchain initiative focused on provider data MedCity News

Research Partnership

  • Coriell Life Sciences Teams with Quantigen Genomics to Transform the Detection of Vaginal Infections PR Newswire

Key People Movement

  • Ortho Kinematics Strengthens Leadership Team BioSpace
  • Omnicell Appoints Scott Seidelmann as Chief Commercial Officer PR Newswire
  • Healthcare Technology Veteran Russ Johannesson Joins Glooko as CEO Business Wire
  • Feedback appoints new chief financial officer to refine growth strategy Proactive Investors
  • Change Healthcare Appoints Fredrik J. Eliasson as Executive Vice President and Chief Financial Officer PR Newswire

Board Updates

  • Truveris Appoints Sally Welborn, former head of Walmart Global Benefits to Board of Directors Business Wire

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