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

Candid Health Secures $29M for Revenue Cycle Automation Platform

by Fred Pennic 09/13/2024 Leave a Comment

Candid Health Secures $29M for Revenue Cycle Automation Platform

What You Should Know:  - Candid Health, the innovative revenue cycle automation platform designed for healthcare providers raises $29M in a Series B funding round led by 8VC, with participation from existing investors First Round Capital, BoxGroup, and Y Combinator. - This latest investment brings the company's total funding to $47M. Simplifying Medical Billing, Empowering Providers Candid Health is committed to simplifying the complex and often frustrating process of medical
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GI Partners Makes Major Investment in eClinical Solutions

by Jasmine Pennic 09/13/2024 Leave a Comment

GI Partners Makes Major Investment in eClinical Solutions

What You Should Know:  - eClinical Solutions LLC, a provider of digital clinical software and services, announced that it has received a majority investment from GI Partners, a private investment firm.  - This investment highlights eClinical Solutions' strong position as a trusted partner for life science organizations of all sizes seeking to accelerate research and advance therapeutic breakthroughs in an increasingly complex trial landscape. GI Partners' Commitment to
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PathPresenter Raises $7.5M to Accelerate Digital Pathology Workflows

by Syed Hamza Sohail 09/12/2024 Leave a Comment

PathPresenter Raises $7.5M to Accelerate Digital Pathology Workflows

What You Should Know: -  PathPresenter, the global image sharing platform for pathology, announced today that it has closed a Series A funding round of $7.5 million to accelerate the adoption of the company’s enterprise pathology workflow solution. - The funding was led by AVANT BIO, with participation from Barco NV and Modi Ventures. The funds will be used to advance the features and interoperability of the vendor-agnostic platform, invest in talent across engineering and commercial
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Viome Raises $25M To Launch Diagnostics Division

by Syed Hamza Sohail 09/10/2024 Leave a Comment

Viome Raises $25M To Launch Diagnostics Division

What You Should Know: -  Viome, a pioneer in microbiome health science and personalized health solutions, today announced a $25 million internal Series D with participation from Khosla Ventures, Bold Capital WRG Ventures, Marc Benioff, and more. -  This continued support from existing backers underscores their confidence in the company’s innovative approach and growth trajectory, reflected in its projected YoY increase. Viome Appoints Kal Raman as COO to Accelerate Preventive Healthcare
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WindRose Health Investors Invests in AI-Enabled Care Management MyndYou

by Fred Pennic 09/06/2024 Leave a Comment

WindRose Health Investors Invests in AI-enabled Care Management MyndYou

What You Should Know:  - WindRose Health Investors, a healthcare private equity firm, has announced a strategic investment in MyndYou, a provider of conversational AI solutions for healthcare.  - This investment marks the initial investment in WindRose's new strategy of building a next-generation population health management platform. Addressing the Healthcare Shortage The United States faces a growing shortage of healthcare professionals, coupled with an increasing demand
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Thatch Secures $38M to Eliminate Employer-Based Health Benefits

by Fred Pennic 09/05/2024 Leave a Comment

Thatch Secures $38M to Eliminate Employer-Based Health Benefits

What You Should Know:  - Thatch, a pioneering healthcare benefits platform, has secured $38M in Series A funding to fuel its mission of decoupling health insurance from employment.  - Led by Index Ventures and General Catalyst, this investment will enable Thatch to expand its team, scale its technology platform, and accelerate customer acquisition. Addressing the Inefficiencies of Traditional Healthcare Benefits The traditional model of employer-sponsored health insurance
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Revelstoke Capital Partners Invests in MediQuant

by Fred Pennic 09/04/2024 Leave a Comment

Revelstoke Capital Partners Invests in MediQuant

What You Should Know:  - Revelstoke Capital Partners, a healthcare-focused private equity firm, has announced a significant investment in MediQuant, a provider of cloud-based data archiving and interoperability solutions. This investment marks the seventh from Revelstoke Capital Partners Fund III. - MediQuant's flagship product, DataArk, enables healthcare organizations to securely store and access critical patient data. By consolidating data from various systems, DataArk helps reduce
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Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

by Fred Pennic 09/04/2024 Leave a Comment

Rejoy Health Secures $125M Valuation to Expand AI Capabilities in Healthcare

What You Should Know:  - Rejoy Health, a pioneer in AI-powered healthcare solutions, announced today the successful completion of a significant funding round, valuing the company at $125M.  - This investment will fuel the expansion of Rejoy Health's AI capabilities, with a focus on hiring additional AI engineers and expanding GPU clusters. Revolutionizing Healthcare with AI Founded in 2021, Rejoy Health has rapidly emerged as a leader in developing AI-driven solutions
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Doccla Secures $45.9M to Scale Virtual Ward Solutions Across Europe

by Fred Pennic 09/03/2024 Leave a Comment

Doccla Secures $45.9M to Scale Virtual Ward Solutions Across Europe

What You Should Know:  - Doccla, a London-based provider of virtual ward and remote patient monitoring services, announced raises $45.9M (£35M) Series B funding round led by Lakestar with participation from Elaia as well as existing Doccla investors General Catalyst (led 2022 Series A), Bertelsmann Investments, and Speedinvest.  - The investment will fuel Doccla's expansion plans across Europe, particularly focusing on France and the DACH region (Germany, Austria, and
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Sounder Benefits Launches with $7.5M for Intelligent Employer Health Benefits

by Syed Hamza Sohail 08/28/2024 Leave a Comment

Sounder Benefits Launches with $7.5M for Intelligent Employer Health Benefits

What You Should Know: -  Sounder Benefits, an intelligent benefits healthtech company that provides total benefit solutions for high-growth companies, launched today. -  Built at Redesign Health, Sounder Benefits will combine AI-driven insights and strategic benefits advisory services to design comprehensive total benefits strategies that go beyond traditional benefit solutions.  Transforming Employee Benefits: Sounder Benefits’ Strategic Approach for Growth Companies Sounder
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