Zipnosis closes $1.5M in seed funding

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By Dan Verel, MedCity News

“Minneapolis startup Zipnosis, which has developed an online software-as-a-service diagnosis and treatment option for minor health conditions, has raised a seed round totaling about $1.5 million.

The company’s lead investor, Arthur Ventures, did not disclose it’s total investment, but the total seed value reaches roughly $1.5 million, according to CEO and co-founder Jon Pearce.”

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Mayo-backed Ambient Clinical Analytics launches

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By Deanna Pogorelc, MedCity News

“IT solutions that have helped doctors in the fast-paced emergency department and intensive care unit at Mayo Clinic make more informed care decisions are coming to other hospitals via a new startup.

Ambient Clinical Analytics is publicly launching today with $1.1 million in seed funding from The Social+Capital Partnership, Rock Health and Mayo Clinic.”

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Health IT venture Cognific selected for CONVERGE Startup Showcase

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Via News Release

Cognific, a Minneapolis-based behavioral health technology company, is among a dozen companies selected for the MedCity News CONVERGE Conference Start-up Showcase on July 9-10 in Philadelphia.

…Cognific will be part of a showcase of the best technology-centric healthcare startups taking on the biggest challenges in healthcare innovation.  Selected startups have the opportunity to demonstrate their solutions to audience members and partners and be profiled on MedCityNews.com, the leading media site covering healthcare and life sciences innovation.  Cognific was among the selected startups that offered a unique solution to an unmet need in the market with evidence of traction in the marketplace.”

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$20M seed fund and $50M national venture fund to be launched by U of M

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By Arundhati Parmar, MedCity News

“Minnesota entrepreneurs and their counterparts nationally listen up. Two new funds are expected to launch in July to help you survive the investment valley of death.

University of Minnesota President Eric Kaler told an audience of healthcare entrepreneurs and investors Tuesday that the University will launch two funds next year, pending approval from the university’s Board of Regents. He was speaking at the Mid America Healthcare Venture Forum in Minneapolis.”

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Minnesota Health IT startup providing MRI QA software seeks $5M

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By Arundhati Parmar, MedCity News

“Minnesota start-up OnPoint Medical Diagnostics, which has been seeking $5 million for more than a year, has now managed to raise $958,800, according to a recent amended regulatory filing.

The company did a reverse merger with Vertical Health Solutions, a Florida corporation in April, 2011, becoming its wholly owned subsidiary, thereby separating itself from a stumbling incubator which gave it life.”

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Mayo launches self-help app

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By Arundhati Parmar, MedCity News

“Called Anxiety Coach, the app claims to do no other self-help app can – help “people conquer their fears by guiding them through a series of confidence-building exercises while simultaneously tracking anxiety levels in real time and gauging their progress.”

The app is designed for people with anxiety levels across the spectrum ranging from stage fright to more deeper, severe symptoms that may require them to see a healthcare provider. In the case of the latter, the app is meant to help in tracking and fighting bouts of anxiety in between sessions with the psychiatrist or other care provider.”

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Healthsense raises $7m series D

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By Arundhati Parmar, MedCity News

Healthsense, a Mendota Heights, Minnesota startup that makes remote monitoring technology for seniors living in assisted living communities, has raised $7 million in a Series D round.

Product/Solution:The eNeighbor is a remote monitoring system by which sensors are placed within the living space of a senior which communicate using a wireless technology with software so that if seniors fall, caregivers can be immediately notified.”

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Mayo partners with San Fran startup on big data

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By Arundhati Parmar, MedCity News

“The Mayo Clinic announced Monday that it is partnering with a California startup that aims to provide unparalleled insight into a hospital’s performance data with the goal to improve healthcare quality, reduce costs and prevent reimbursement declines.

Dabo Health, based in San Francisco, has built a granular information platform “that centralizes quality metrics and makes them actionable for clinicians and hospitals based on evidence-based best practices,” said founder and CEO Camilo Barcenas, in an interview Sunday.”

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Minnesota health IT startup wants to shed light on hospital insurance contracts

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By Arundhati Parmar, MedCity News

“Insurance reimbursement contracts for providers are notoriously complex and opaque. Each procedure has a separate code and there are various permutations and combinations for when payments are available.

That gets in the way of practicing medicine and now a Minnesota health IT startup wants to help doctors groups and hospitals focus on their core function.  MD Clarity has a cloud-based software-as-a-service product through which doctors can know whether they are being paid appropriately by insurance companies for treating their members.”

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