senior care

By Jonah Comstock August 30, 2018
Fresh off the news of its acquisition by Best Buy, aging in place tech company GreatCall has announced the Jitterbug Smart2, the first update since 2016 to its line of smartphones for seniors. It was the original Jitterbug flip phone for seniors that first launched the company in 2006. Since then the company has grown to include a senior care call center and a line of personal emergency response...
By Dave Muoio May 22, 2018
Cambridge, Massachusetts-based Iora Health, a digitally-enabled primary care provider that focuses on the senior Medicare population, announced yesterday that it has closed $100 million in Series E financing. This brings the company’s total funding to at least $223.5 million. Investors in the round included .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures...
By Dave Muoio May 15, 2018
A recent investigation of seniors with mild cognitive impairment suggested that pairing regular exercise with mental stimuli — in this case, screens depicting a virtual bike ride or an exercise-driven video game — could lead to greater cognitive benefits than prescribed exercise alone. As the final qualifying sample consisted of just 14 seniors, however, the researchers noted that a larger...
By Dave Muoio April 16, 2018
New York-based in-home senior care technology company Hometeam is shedding two of its top executives as it shifts from a consumer payment-focused business model to one accommodating reimbursement from payers. Recode first reported Thursday night that Hometeam President Matt Marcotte had left his role at the company in February, just five months after coming onboard in October. Marcotte, a veteran...
By Laura Lovett March 21, 2018
Connected home monitoring company TruSense has just released a new smart personal emergency response pendent (PERS) that, when combined with TruSense home, integrates its sensors with Amazon Echo and Alexa. The company’s latest technology also uses GPS to notify caregivers when the pendent isn’t being worn. “Anyone who has ordered a PERS wearable device for their loved ones knows the biggest...
By Dave Muoio January 9, 2018
Reflexion Health, a company that develops a platform for remote physical therapy, will be working with non-profit Los Angeles Jewish Home (LAJH) to bring virtual rehabilitation to seniors in the latter’s care. Reflexion’s “Stand Tall” program — which was initially funded by a grant from the CDC — will bring the guidance of a professional physical therapist to seniors living in LAJH’s in-residence...
By Jonah Comstock September 25, 2017
Generali Global Assistance, the US division of Europ Assistance Group, has acquired CareLinx, a seven-year-old digital health startup that offers a matching service for families and caregivers. The terms of the deal were undisclosed. “From the Generali perspective, we really believe we’re acquiring a unique asset with a competitive advantage of the nationwide caregivers as opposed to the...
By Heather Mack May 4, 2017
Chicago-based PreparedHealth, which makes a care coordination platform focused on aging-in-place populations, has raised $4 million in seed funding in a round led by Chicago Ventures. Pritzker Group Venture Capital, Beverly Capital and Meridian Street Capital also contributed. PreparedHealth, which launched in January of 2015, offers an app called enTouch that works like a social network platform...
By Jonah Comstock February 28, 2017
After four years attempting to disrupt the senior home care space, San Francisco startup HomeHero is throwing in the towel, taking its team and remaining capital and focusing on a whole new (and so far unannounced) healthcare venture. Founder Kyle Hill took to Medium to pen a long post detailing the challenges the startup faced that ultimately led to that decision. Among them, a detrimental...
By Jonah Comstock February 2, 2017
Ontario-based PointClickCare, which makes a cloud-based EHR platform and other software solutions to advance senior care -- and recently launched a provider-facing app -- has raised $85 million in new funding. Dragoneer Investment Group led the round with participation from existing investor JMI Equity. “The macro demographics of the aging population, combined with a market-wide shift in payment...
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