Big Data investor IA Ventures has raised a new $105 million fund that it will funnel into two dozen or so startups over the next three years.The New York-based venture firm invests in “companies that create competitive advantage through data,” usually in pre-revenue stages. With its second fund, IA will try to balance its portfolio [...]

A drug developer wants to shake up the clinical trial process through crowdsourcing as well as using telemedicine and greater data transparency. It believes implementing these together can cut the cost of doing clinical trials by 50 percent in the next two years.Transparency Life Sciences is a New York-based startup that was founded by CEO [...]

The U.S. Food and Drug Administration is reviewing epidural injections of steroids to treat neck and back pain following a warning by Bristol-Myers Squibb (NYSE:BMY) seven months ago that administering its Kenalog steroid around the spine could cause serious complications, according to a report by Bloomberg.Bristol-Myers in New York revised its label for Kenalog to [...]

The escalating costs of healthcare have been widely reported, but a bill for a three-week hospital stay left one New Yorker reeling when he was charged $44.8 million, according to The New York Daily News.Alexis Rodrieguez had been treated for pneumonia at Bronx-Lebanon Hospital.PHY Services said the pricey hospital bill was a mistake resulting from [...]

Blueprint Health will add a second class later this year following the massive response the start-up accelerator received for its inaugural spring class for healthcare IT companies.Blueprint, led by Mathew Farkash and Dr. Brad Weinberg, received 300 applications for a class of nine. The company has been able to build an ensemble of 120 mentors [...]

A New York-based store focused on mobile health apps for healthcare professionals and patients is developing a certification program.Happtique‘s program would evaluate and certify healthcare apps. The program would articulate quality and performance standards for an app’s clinical relevance and technical functionality, developed by members of a blue ribbon panel in the next six months.The [...]

As New York City incubator TechStars seeks new entrepreneur talent for its spring class of 2012, it should look at boosting its health IT numbers.Doing this would better reflect the growing investment in health IT and its role to reduce healthcare costs.The application deadline for the class is Jan. 23 and the program begins March [...]

Why haven’t you seen more health IT companies accepted into DreamIt Ventures East Coast accelerators?DreamIt doesn’t know where to find them.“Health IT is interesting to us, but it’s never been part of our proactive recruiting strategy because we do not know where to source them,” said managing partner Kerry Rupp. “We do the technology meetups [...]

Current medical news from today, including New York Mayor Michael Bloomberg says the state is getting healthier, healthcare boasts high-performing stocks, and 30 years of progress in AIDS/HIV research.

A new accelerator seeking to carve out a niche by fostering women-led startups in mobile technology is seeking applications.Among Women Innovate Mobile‘s criteria are companies that are focused on technology with a woman co-founder and a mobile application.Those accepted into the New York City program will get $18,000, mobile marketing and design support, as well [...]