July 16, 2014

McKinsey Survey of International Patients Debunks Five Myths About Digital Health

Across the globe, digital health tools are in demand! According to a new study from McKinsey, 75 percent of patients surveyed in the UK, Germany and Singapore want to use digital health services. Even better, it’s apparently not just millennials eager to try new technology. Patients over 50 years old reported nearly the same enthusiasm for new digital health services as their younger counterparts. But even though demand is strong, McKinsey says adoption is slow because existing solutions don’t meet patients’ needs or are low quality. For startups innovating in this space, that means new opportunities. Check out McKinsey’s report for more details or take a look at our midyear funding report to see which digital health sectors are growing fastest.

Study: Mobile Health Improves Engagement Among Medicaid Patients

A little text message-based encouragement can go a long way when it comes to patient adherence, according to the results of a new study from StartUp Health company Sense Health and Montefiore Medical Center. Interactive text messages that reminded Medicaid patients of upcoming appointments increased adherence by 40 percent. Patient motivation saw an upswing, too: patients using Sense Health’s technology were 26 percent more confident about tackling their health problems head on than those in the control group.

AdhereTech Lands $1.75M in Funding as Their Smart Pill Bottle Takes Off

Congrats to StartUp Health company AdhereTech on the initial close of a series A funding round! The patented smart pill bottle landed $1.75M from investors last week. Want to learn more? Watch AdhereTech’s 59-second pitch.

StartUp Health Companies in the News

Beyond Lucid Technologies
Life as a Startup CEO With Tourette's
Inc.

LuminaCare Solutions
It’s way past time to make the experience of healthcare work for patients
MedCity News

StartUp Health
Preventing readmissions: Is there an app for that?
Crain’s Detroit Business

Other Noteworthy Headlines

Virtual humans inspire patients to open up, USC study suggests
USC News

Why Improving Access to Health Care Does Not Save Money
New York Times

Disconnect Between New Technologies and Triple Aim
FierceHealth IT

The LifeTip Doesn’t Need To Touch You To Know Your Heart
TechCrunch

To get millennials’ attention, HealthCare.gov needs to be more consumer focused
MedCity News

StartUp Health Weekly InsightsTM

Top Digital Health Funding This Week
Startup Amount Investors
Remedy Partners $35.0M Undisclosed
Syapse $10.0M Safeguard Scientifics
Social+Capital Partnership
MotionSoft $10.0M Edison Partners, Route 66 Ventures
BetterDoctor $9.8M NEASoftTech VC
Lifeline Ventures
Healthcare Interactive   $8.0M Grotech Ventures
Harbert Venture Partners
Mint Solutions $6.0M LSPSeventure Partners
AdhereTech $1.75M Undisclosed
ProofPilot $1.7M Undisclosed
Empire Genomics $1.0M Rand Capitalz80labs
See much more in StartUp Health Insights, the most comprehensive funding database tracking over $11 billion in digital health and health tech deals. Download the free StartUp Health Insights: 2014 Midyear Report.

Upcoming Health Events

mHealth + Telehealth World Congress
July 22, 2014
Boston, MA

The Future of Healthcare Communications Summit & Roundtables
July 24
New York, NY

NYS Health Innovation Challenge
Submission Deadline
July 24, 2014

PCORI Matchmaking App Challenge
Submission Deadline
August 15, 2014

TEDMED
September 10-12, 2014
Washington, DC, and San Francisco, CA

For more digital health events, visit our website.

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