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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

by Fred Pennic 10/25/2024 Leave a Comment

Backed by Visa, Osigu Secures $25M to Modernize Healthcare Payments Across Latin America

What You Should Know:  - Osigu, an AI-powered platform for healthcare claims and revenue management in Latin America and the Caribbean, has raised $25 million in Series B funding led by IDC Ventures, with strategic participation from Visa.  - Visa's strategic investment and partnership will drive the development of real-time payment solutions for healthcare providers. Addressing Healthcare Payment Inefficiencies The healthcare sector in Latin America and the Caribbean faces
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General Catalyst Raises $8B w/ $750M for Health Assurance Fund

by Fred Pennic 10/24/2024 Leave a Comment

General Catalyst Raises $8B w/ $750M for Health Assurance Fund

What You Should Know:  - General Catalyst (GC), a global venture capital firm, has announced a significant milestone with the raise of $8B in new capital consisting of $6B for GC’s latest fund - Fund XII - and $2B in separately managed accounts).. - The substantial investment will accelerate GC's mission to advance health assurance and drive transformative innovations across various sectors, including AI, healthcare, and global resilience. $750M Allocated to Health Assurance
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PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

by Fred Pennic 10/24/2024 Leave a Comment

PeopleOne Health Raises $32.3M to Reimagine Value-Based Primary Care

What You Should Know:  - PeopleOne Health, a pioneer in value-based primary care, has secured up to $32.3M in Series B funding led by GV (Google Ventures), with participation from notable investors including healthcare entrepreneur Glen Tullman.  - The funding will accelerate PeopleOne Health's mission to transform primary care by providing a comprehensive, patient-centric, and cost-effective health benefit. Addressing the Healthcare Crisis As healthcare costs continue to
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Counsel Health Launches with $11M to Deliver Physician-Led, AI-Powered Medical Advice

by Syed Hamza Sohail 10/24/2024 Leave a Comment

Counsel Health Launches with $11M to Deliver Physician-Led, AI-Powered Medical Advice

What You Should Know: - Counsel Health announces $11M in Seed funding led by Andreessen Horowitz (a16z) Bio + Health, with participation from Asymmetric Capital Partners, Floodgate Fund and Pear VC. - The funding will support Counsel's national expansion and coverage extension to millions more members. Counsel: Revolutionizing Access to Healthcare Through Asynchronous Medicine The U.S. healthcare system faces a significant access-to-care crisis, with 60 million Americans experiencing
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mPATH Health Secures $3M to Enhance Cancer Screening and Equity

by Syed Hamza Sohail 10/24/2024 Leave a Comment

mPATH Health Secures $3M to Enhance Cancer Screening and Health Equity

What You Should Know: - mPATH® Health, a digital health company dedicated to improving cancer screening, is thrilled to announce the successful closure of $3 million in funding, which will accelerate the company's mission to enhance cancer prevention and improve health equity. - This funding includes a $2 million Small Business Technology Grant from the National Cancer Institute (NCI) and a $1 million equity investment led by Oncology Ventures, an oncology-focused venture capital
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Archy Raises $15M to Optimize Dental Practices with AI-Powered Automation

by Syed Hamza Sohail 10/23/2024 Leave a Comment

rchy Raises $15M to Optimize Dental Practices with AI-Powered Automation

What You Should Know: -Archy, a pioneer of cloud-based automation software for dental practices, today announced it has raised $15M Series A funding in a round led by Entrée Capital with participation from Bessemer Venture Partners, CRV, Alven, 20VC Growth fund and several angel investors and dental professionals. -The investment will advance further development of the Archy product, embedding AI across various areas to make dental practices more efficient and allowing dental teams to
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HLTH: OneStep Secures $36M to Establish Gait Analysis as the Sixth Vital Sign

by Fred Pennic 10/22/2024 Leave a Comment

OneStep Secures $36M to Establish Gait Analysis as the Sixth Vital Sign

What You Should Know:  - OneStep, a provider of smartphone-based motion analysis technology has raised $36M in funding co-led by Team8 and Vintage Investment Partners. - The company aims to establish gait analysis – the study of how a person walks – as the sixth vital sign, crucial for understanding and improving overall health. Transforming Smartphones into Clinical Tools OneStep's technology turns smartphones into clinical-grade motion analysis tools, making gait analysis as
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HLTH: Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

by Fred Pennic 10/22/2024 Leave a Comment

Tennr Raises $37M to Automate Healthcare Documentation, Streamline Patient Referrals

What You Should Know:  - Tennr, a healthcare technology company transforming the patient referral process, has secured $37M in Series B funding led by Lightspeed Ventures, with participation from existing investors Andreessen Horowitz (a16z) and Foundation Capital. This latest investment brings Tennr's total funding to over $61M, following a Series A round just six months ago. - Tennr has monetized their business through an automation platform that works for everyday healthcare
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HLTH: General Catalyst Spinout HealthEx Launches with $14M for AI-Generated Consent Platform

by Fred Pennic 10/21/2024 Leave a Comment

HLTH: General Catalyst Spinout HealthEx Launches with $14M for AI-Generated Consent Platform

What You Should Know:  - HealthEx, a new healthcare technology company, has emerged from stealth mode with $14M in Seed and Series A funding.  - The company, hatched by General Catalyst with participation from Electric Capital, is building a global consumer preference and consent platform designed to simplify and streamline data access in healthcare. Transforming Consent Management with AI In today's data-driven healthcare landscape, patients and healthcare organizations
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Pip Care Raises $5M for Personalized Surgical Journey Platform

by Fred Pennic 10/17/2024 Leave a Comment

Pip Care Raises $5M for AI-Powered Surgical Journey Platform

What You Should Know:  - Pip Care, a company revolutionizing the surgical experience for patients and care teams, has successfully raised $5 million in Series A funding led by A1 Health Ventures with participation from UPMC Enterprises. - Pip Care is the first company to emerge from a collaboration between Redesign Health, a global healthcare venture builder, and UPMC Enterprises, the innovation arm of UPMC. Optimizing the Surgical Journey with Technology and Human Touch Pip
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