Blue Spark raises $40M | Innovation One expands | Novant Health launches incubator
CLEVELAND, OH—Blue Spark Technologies offers a patented innovation in a continuous, real-time body temperature monitoring patch that gives healthcare providers a way to monitor patients for fever spikes for up to 72 hours. The company has raised a $40 million intellectual property-based debt solution to fund growth led by GT Investment Partners, which will go toward scaling the continued advancement of their solutions.
Innovation One expands
INDIANAPOLIS, IN–Medical tech group Innovation One currently located in Indianapolis, has announced plans to expand its Midwest operations. It will invest nearly $13 million to establish its new headquarters in the Innovation Mile business district in Noblesville and create more than 80 full-time jobs.
Novant Health launches incubator
WINSTON-SALEM, NC–Novant Health is launching an independent business unit, Novant Health Enterprises, which will be an incubator to accelerate the development of solutions that promise to unlock clinical, financial, and patient value at scale.
Netsmart’s crisis management solution
OVERLAND PARK, KS–Netsmart, which designs, builds and delivers electronic health records solutions and services, partnered with Bamboo Health to create a crisis management solution that will expedite access to treatment for those in crisis, connect individuals to a network of care, and enable effective post-crisis care coordination.