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StartUp Health Newsletter: Bad News Means Big Opportunity for Digital Health

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Can Innovation Boost US Healthcare Out of Last Place?

The U.S. might be on the upswing in the World Cup arena, but not so much when it comes to the global health game. In a study released Monday by The Commonwealth Fund, the U.S. came in dead last on a list comparing the health systems of 11 industrialized countries. And it’s the fifth time in a decade that the U.S. has ranked so poorly. So, how do we reverse our losing streak? We think digital health innovation led by an army of entrepreneurs has a huge role to play. The first half of 2014 has already witnessed major advancements in the industry, from data releases to increased venture deals. And we still have yet to see what the rest of the year (including the Apple-Google-Samsung health battle!) will bring.

A Fresh Perspective on Health Spending

Each year, $2.7 trillion is spent on medical care in the U.S., but where does it all go? On June 25 & 26, the SOCAP Health conference in New York will convene stakeholders from across the industry to explore new opportunities for impact and entrepreneurship. To join the Federal Reserve Bank of San Francisco, the NY Academy of Medicine and other leaders, use our code N_STARTUP for 30 percent off tickets.

Extended Deadline! Apply by July 11 to Join the StartUp Health Academy

Our next group of Healthcare Transformers will join our program in the coming weeks! We’ve been reviewing applications from around the world, and are looking forward to meeting with even more digital health companies this summer. Get additional details on the StartUp Health Academy and apply by July 11.

StartUp Health Companies in the News

AdhereTech, CarePredict & LifeAssist

3 Sensor Startups Collecting Population Health Data
mHealthNews

Caremerge

Caremerge-LCS Partnership Brings Community Social Network to Senior Living
Senior Housing News

CoheroHealth

15 Healthcare Gamification Startups to Watch in 2014
HIT Consultant

SnapDx

SnapDx app helps you make point of care medical decisions
iMedicalApps

StartUp Health

Digital Health Embraces the Boomers
Re/code

What to Make of the Wearables Craze
Medical Practice Insider

StartUp Health Weekly Insights

Top Digital Health Funding This Week

Startup Amount Investors
Chrono Therapeutics $32.0M Mayo ClinicGE Ventures5AM VenturesFountain Healthcare PartnersCanaan Partners
Nant Health $25.0M Celgene
HealthTell $9.5M Undisclosed
Valencell $7.0M TDF VenturesTrue VenturesBest Buy Capital
Core Informatics $5.0M KLP Enterprises
Weave $5.0M Y CombinatorHomebrewSV Angel
Fuel CapitalInitialized Capital
VisionGate  $4.8M Undisclosed
Health Integrated $4.0M Western Technology Investment
See much more in StartUp Health Insights, the most comprehensive funding database tracking over $11 billion in digital health and health tech deals.

Upcoming Health Events & Challenges

Healthcare Cloud Coalition
June 19, 2014
Falls Church, VA

SOCAP Health
June 25-26, 2014
New York, NY

Pilot Day 2014
June 26, 2014
New York, NY

Converge
July 15-16
Philadelphia, PA

For more digital health events, visit our website.

Join the StartUp Health Network

Take the StartUp Health pledge and gain access to an exclusive network of more than 12,000 innovators — including over 5,000 startups, over 1,000 VCs and hundreds of angels and potential customers — who are already using the Network to connect.

Digital Health & Wellness Jobs Board

Post new job listings or look for a job in your field with the StartUp Health Network Job Board.


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