mHealth Spot

Cost-effective, software-defined app-devices turn mobile devices into vital signs monitors, allowing OEMs to quickly bring mHealth products to market.

After doubling in 2013, Doximity's growth accelerated in 2014 to now over 400,000 members, making Doximity the largest secure network of doctors ever created.

Leveraging the technology and local resources of both organizations, the initiative will improve quality of care and make health services readily accessible.

The initiative is designed to steer digital health innovation to address chronic illnesses, such as diabetes and heart disease in underserved communities.

The fund will partner with entrepreneurs to build and scale companies that drive the evolution and sustainability of the healthcare system.

The entire market is set to nearly double in next 5 years thanks to the demand for high-quality healthcare and remote patient monitoring.

Aside from money, the two parties will also provide mentorship, business development, technology and access to local leaders, investors and potential customers.

A video visit with psychologist costs $50 for a 25- and $95 for a 50-minute session; lactation consultant costs $40 for a 25- and $70 for a 50-minute session.

Made to leverage Techstars' network of corporate partners, the program provides new business opportunities to post accelerator entrepreneurs.

The acquisition complements SocialWellth's existing offerings for healthcare sponsors by expanding their reach to providers.