H|T: The Healthtech Times – Tackling healthtech’s scaling problem

A medical doctor examines a patient with a stethoscope at a CCI Health and Wellness Services health center in Gaithersburg, Maryland, U.S., on Tuesday, April 18, 2017. After the failure of Republicans first attempt to repeal and replace the Affordable Care Act and President Donald Trumps subsequent threats to let the program explode, more health insurers are threatening to pull out of the Obamacare health-care program next year, while others may sharply raise the premiums they charge. Photographer: Andrew Harrer/Bloomberg via Getty Images

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OBIO report: Funding and infrastructure key to tackling healthtech’s scaling challenge (BETAKIT)

According to the report, healthtech startups have short runways and problems with procurement.

MediSeen Recommends: Notable launches a service to automatically record and digitize data from doctor visits (TECHCRUNCH)

“Voice is becoming a powerful tool in the evolution of the patient-provider experience.”
– Daniel Warner, MediSeen CEO and founder

Innovaccer raises $25M in Series B funding (FINSMES)

Innovaccer, a healthcare data platform, raised the funding from Westbridge Capital, with participation from Lightspeed Ventures.

Healthtech sees its best fundraising quarter ever(VENTUREBEAT)

Overall, VC funding in the digital healthcare sector during the first quarter soared to an all-time high of $2.5 billion in 187 deals.

Lyra Health raises $45M to create a smart network for treating mental health problems (TECHCRUNCH)

The funding was led by Tenaya Capital, Glynn Capital Partners, Crown Ventures, and Casdin Capital.

98point6 launches its chat-based telemedicine platform for primary care (MOBIHEALTHNEWS)

Through the platform, patients in 10 US states can easily receive remote care from a board-certified physician through the AI and machine learning-powered service.

Waterloo’s Preemptive develops app for nonprofit addressing withdrawal management (BETAKIT)

Stonehenge is the first care facility to pilot this technology with Preemptive.

Healthcare startup Solv raises $16.8 million to build the OpenTable for urgent care (FORBES)

As more and more US consumers flock to urgent care facilities, Solv wants to become the go-to app for anyone looking for a same-day health appointment.

Former Medicare chief Andy Slavitt formally launches Town Hall Ventures to invest in healthcare(TECHCRUNCH)

Town Hall Ventures is the latest venture investment firm to take a stab at transforming the woefully broken US healthcare market through technology.

Providers evolve their messaging strategies to boost clinician communication(HEALTHTECHMAGAZINE)

Using secure texting solutions, healthcare organizations streamline contact and improve patient outcomes.

How to be a medtech entrepreneur before leaving your teens(FINANCIALPOST)

Medtech is becoming an innovation playground for the young. “Zero respect for bureaucracy is a No. 1 advantage. We don’t have the patience for it.”


3iOntario Digest presents a list of ongoing funding opportunities and other resources to accelerate health innovation.

ON – Data Analytics System (read more)

AB – Alberta Electronic Health Record (Alberta Netcare) Next Generation Auditing Analysis (read more)

ON – Entrepreneurs Program (read more)

CAD – Closed Loop Medication Management Automated Systems (read more)

CAD – On-Line Referencing Solution (read more)

CAD – Smart Solutions for Aging Well (read more)


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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