What You Should Know:
– Moving Analytics, an Irvine, CA-based telehealth provider of cardiovascular prevention programs raises $20M in Series A funding led by Wellington Access Ventures and Seae Ventures with participation from Philips Ventures, SteelSky Ventures, Aphelion Capital (American Heart Association’s official VC fund), Nueterra Capital, and Citi Ventures. This round brings the company’s total funding to $30M.
– Moving Analytics plans to use the new funds to accelerate hiring to meet growing customer demands, expand its provider network to serve patients in all 50 states, and refine and scale its programs to better support and manage the unique needs of women and multicultural populations in preventing cardiovascular disease. The company will also advocate for more favorable policies to promote the awareness and adoption of virtual cardiac rehab.
Reimagining Cardiac Rehab
Moving Analytics partners with health plans, cardiology offices and cardiac rehab facilities to expand access to secondary prevention, improve patient outcomes and lower costs. The company’s end-to-end, virtual cardiac rehab program, Movn, is based on over 30 years of clinical research and supports patients who have recently had a cardiac event with the tools and clinical support they need to recover and avoid readmission. The program has seen 40 percent lower readmission rates compared to no care, three times higher completion rate, a 50 percent reduction in hypertension, and 70 percent reduction in depression.
