What if hospitals prescribed pills equipped with ingestible digital sensors to track the effectiveness of the medicine? What if communications from healthcare providers were instantaneous, thanks to artificial intelligence? What if treatment and outcomes weren’t determined solely by doctors, but reinforced by predictive analytics drawing data from hundreds of sources? What if the waiting room was your living room, bedroom, or game room? What if you could order aid from a medical professional as easily as you can request an Uber car?
Welcome to the future. Full Story
Pharmaceutical giant Novartis International is scooping up Fort Worth-based Encore Vision as it aims to introduce the market’s first topical treatment of the eye condition presbyopia.
Novartis, a Swiss public company that raked in $49.4 billion in revenue last year, announced the agreement Tuesday, but did not disclose the financial terms. Full Story
After landing $1 million in investment, Dallas startup Take Command Health has expanded its health insurance platform to five additional states in four months. And while it’s reaching new markets with its software that connects consumers to personalized plans, it’s gearing up for inevitable change under a new presidential administration. Full Story
The deal comes after North Texas suffered one of its worst second quarters for venture capital investment in recordable history. Full Story
Health Wildcatters has introduced a Health Investor Alliance, comprising 26 venture capital firms, as it aims to increase deal flow and exposure of the accelerator’s companies.
Huber Zajicek, CEO of the Dallas health accelerator, said most of the investors have long standing had relationships with him throughout the years. The alliance represents investors’ formal commitment to consider the accelerator’s portfolio of companies for possible investment deals. Health Wildcatters will provide investors shared office space in its green suite at its new office, located at 1910 Pacific Ave., VIP access to pitch day, and the first look at the startups. Startups will get one-on-one access to the investors. Full Story
Children’s Health is leveraging technology to launch a new brand of care that will include telehealth services for adults as well as children. Family Health launched Tuesday and aims to extend Children’s services to a larger demographic as well as provide new ways for patients to receive access to care. This marks the healthcare provider’s first separate brand as well as the first time the company has ventured into adult care. “We’re providing amazing care in hospitals, but we’re also finding ways to get back to the home,” Julie Hall-Barrow, vice president of virtual health and innovation at Children’s Health,… Full Story
Dallas-based health startup PediaQ has expanded into its third Texas market with the addition of Austin. Round Rock, Cedar Park, and Leander neighborhoods will be able to have access to the company’s on-demand urgent care house call service on Sept. 3. Full Story
Children’s Health has begun offering patients an ingestible microchip and digital patch that can track whether an individual takes his or her medicine and monitors their diagnostics afterward. The technology is part of the health system’s initiative to expand its telehealth programs and bolster the portfolio of its investment arm, which now includes four companies. Full Story
Dallas home healthcare startup PediaQ has raised $4.5 million in bridge round of funding that will help expand its footprint and the services within its mobile application.
With the new funding, all of which came from Texas investors, the company plans to make its on-demand pediatric house calls available to communities including Rockwall, Heath, and Mansfield. In fall, it plans to launch in Austin, which will mark the company’s third market. It entered Houston earlier this year. The funding also will help fuel PediaQ’s video consultation services, which launched across DFW and Houston this month. Full Story
Speaking at the telecommunications industry’s annual trade conference, Dallas-based AT&T’s chief strategy officer laid out the company’s plans to improve healthcare technology, beginning with its sixth innovation center that opened Tuesday in Houston’s medical district. Full Story