What You Should Know:
- XSOLIS, a healthcare technology firm focused on improving healthcare operations announced it has raised $75M in minority growth investment from Brighton Park Capital ("Brighton Park"), a research-driven investment firm.
- XSOLIS is an artificial intelligence-based software platform that helps national health systems and payers streamline the utilization management process.
- XSOLIS' suite of data-driven solutions leverages insights from proprietary machine
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NexHealth Raises $31M to Expand Patient Experience Management Platform at $431M Valuation
What You Should Know:
- NexHealth, a San Francisco, CA-based patient experience management platform, announced it has raises $31M, co-led by media mogul and founding partner of WndrCo Jeffrey Katzenberg and Mino Games founder-turned-angel investor Josh Buckley, at a $431M valuation.
- Founded in 2015 by Alamin Uddin, NexHealth’s patient experience management platform enables doctors to give their patients an end-to-end experience with key features like real-time online booking,
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Health Catalyst to Acquire Patient Engagement Platform Twistle – M&A
What You Should Know:
- Health Catalyst, a provider of healthcare data and analytics solution announced that it has entered into a definitive agreement to acquire Twistle, Inc. ("Twistle"), an Albuquerque, New Mexico-based healthcare patient engagement platform. The acquisition was funded using a combination of cash and stock.
- Founded in 2011, Twistle’s SaaS patient engagement platform automates patient-centered, HIPAA-compliant communication between care teams and patients to transform
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TRIPP Secures $11M to Expand Digital Psychedelic Wellness Platform for Mental Health
What You Should Know:
- TRIPP, a Los Angeles-based digital psychedelic platform, announced it has raised $11M in funding led by Vine Ventures, and Mayfield with equal participation from Integrated. TRIPP’s Series A also includes particpation from AlphaBridge Ventures, Beni VC, Berkeley Club, CJ Group, CTR Capital, Evolution, Robert Goldberg, Tony Greenberg, Grit VC, Incisive Ventures, Inflect Health, Iter Investments, Joanna Popper, Jim Dew, Joe Polish, JLS Fund, Lionheart Ventures,
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Providence-backed Tegria Acquires Digital Health AI Platform KenSci
What You Should Know:
- Providence-backed Tegria today announced the acquisition of KenSci, a leader in artificial intelligence platforms and apps for healthcare, with roots in Microsoft's Azure4Research program and the University of Washington. Financial details of the acquisition were not disclosed.
- Founded in 2015, KenSci's digital health AI platform helps organizations bring the power their data and improve health outcomes with advanced analytics. KenSci's customers,
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CitiusTech Acquires SDLC Partners to Drive Health Plan Digital Transformation
What You Should Know:
- CitiusTech, a provider of healthcare technology services, solutions and platforms, announced today the strategic acquisition of SDLC Partners (SDLC), a Pittsburgh, PA-based provider of technology solutions to leading payer organizations.
- As the need for value-based innovative technology solutions grows, combining SDLC’s expertise in payer-focused solutions with CitiusTech’s industry presence and rich portfolio of complementary digital offerings, CitiusTech
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Medable Launches Decentralized Clinical Trials Enablement Program
What You Should Know:
- Medable Inc., a software platform for patient-centered drug development, today announced an industry-first digital certification program that provides life sciences companies with specialized tools, knowledge sharing and skills development to rapidly scale their decentralized and hybrid trial strategies.
- Hybrid/decentralized clinical trials have unleashed an entirely new patient experience, but this new approach to clinical research will only work if
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Naborforce Raises $2M to Expand Social Engagement, On-Demand Support for Older Adults
What You Should Know:
- Naborforce, a Richmond, VA-based company connecting aging adults to a network of trusted care providers for companionship and on-demand support, announced it has raised $2M in seed funding led by Claritas Capital.
- Inspired by JOY to promote engaged, productive and connected aging and living, Naborforce's tech enabled platform connects aging adults to a network of “Nabors” for social engagement and on-demand support with errands, transportation and help around the
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Priority Health Launches “Full Lifecycle” Social Determinants of Health Initiative
What You Should Know:
- Priority Health, a nationally recognized nonprofit health plan, announced today that it has launched a first-of-its-kind “full lifecycle” social determinants of health (SDoH) initiative.
- Recent research has shown that SDoH, or social factors like access to healthy food, transportation options and financial security, may be responsible for up to 80% of health outcomes.Priority Health’s first-of-its-kind program
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DrChrono Raises $12M to Expand Operations of Medical Practice Platform
What You Should Know:
- DrChrono Inc., a company developing an essential platform and services for modern medical practices, today announced it has raised a new round of over $12M in growth capital from ORIX Corporation USA’s Growth Capital team (ORIX Growth Capital.)
- The company plans to use the growth capital to expand all operations and provide enhancements across the other key product areas including EHR, practice management, medical billing and the company’s core partner
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