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

BVP Forge Invests in Quality Management Platform, Medisolv

by Fred Pennic 05/22/2023 Leave a Comment

BVP Forge Invests in Quality Management Platform, Medisolv

What You Should Know: Private equity firm BVP Forge has completed a strategic investment in Medisolv,  a healthcare quality data measurement and reporting solution, to accelerate its growth. BVP Forge will also provide Medisolv access to the growth IP, talent network, and resources of Bessemer Venture Partners.Medisolv was founded in 1999 with the idea that software can unlock the intelligence buried in the chaos of healthcare data. Medisolv will benefit from ForgeEdge™, BVP Forge’s
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German Digital Health Startup Patient21 Secures $108M to Transform Primary Care

by Fred Pennic 05/22/2023 Leave a Comment

German Digital Health Startup Patient21 Secures $108M to Transform Primary Care

What You Should Know: Patient21, a Berlin, Germany-based digital health startup raises has successfully raised €100m ($108M) in Series C funding from investors Pitango, Target Global, Piton Capital, PICO Venture Partners , Bertelsmann Investments, and Artian Investments Limited.Founded in 2019, Patient21 provides mix of brick-and-mortar primary care clinics and a digital health platform for online booking, check-in and insurance.The company plans to use the
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HealthSnap Secures $9M for Remote Patient Monitoring Platform

by Fred Pennic 05/19/2023 Leave a Comment

HealthSnap Secures $9M for Remote Patient Monitoring Platform

What You Should Know: HealthSnap, a Miami-based remote patient monitoring platform for chronic disease management raises $9M in funding led by Asclepius Growth Capital, an SPV founded by David Jahns, a managing director of Galen Partners, and Steve Cashman, CEO of Caption Health and former CCO of InTouch Health, as well as new strategic investments from current business partners UnityPoint Health and Tampa General Hospital. Existing stockholders Florida Funders and MacDonald Ventures also
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Catalyst by Wellstar Launches $100M Digital Health Venture Fund

by Fred Pennic 05/18/2023 Leave a Comment

Catalyst by Wellstar Launches $100M Digital Health Venture Fund

What You Should Know: Catalyst by Wellstar, an innovation company and venture firm created by one of the largest health systems in Georgia launches a $100M digital health venture fund to shape the future of healthcare by creating better care and market value.The venture fund aims to make more than 50 direct investments in early-stage digital health startups, Pre-seed to Series A, over the next five years and invest indirectly in 150+ startups through limited partner investments with venture
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LRVHealth Raises $200M Fund V Focused on Care Anywhere

by Digital Health Venture Capital Funding 05/17/2023 Leave a Comment

LRVHealth Raises $200M Fund V Focused on Care Anywhere

What You Should Know: Today, LRVHealth announced that it raised $200M in its fifth fund to accelerate its track record of driving transformational change in healthcare. In addition, the firm has expanded its team of healthcare operators and insiders to focus on a core investment strategy for this new fund that’s anchored around a central theme: Care Anywhere. The LRVHealth team has partnered with leading entrepreneurs and helped build many of the healthcare industry’s
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Adonis Secures $17M for Revenue Cycle Automation Platform

by Digital Health Venture Capital Funding 05/17/2023 Leave a Comment

Adonis Secures $17M for Revenue Cycle Automation Platform

What You Should Know: Adonis, an NYC-based revenue cycle intelligence and automation platform built for healthcare, today announced that it has raised $17.3M in Series A financing led by General Catalyst and existing investors Bling Capital, Max Ventures, and Homebrew. As part of the financing, Holly Maloney from General Catalyst will join the board of directors.Healthcare organizations on average are missing 10-15% of the revenue they expect to collect each year due to the operational
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Neura Health Raises $8M to Expand Virtual Neurology Clinic

by Digital Health Venture Capital 05/17/2023 Leave a Comment

Neura Health Raises $2.2M to Expand Virtual Neurology Clinic

What You Should Know: Neura Health, a virtual neurology clinic, announced it has raised $8 million in seed funding to support its newly expanded go-to-market approach. With the funding, Neura will be able to move beyond the consumer market to bring the company’s neurology care offering to the enterprise sector, initially focusing on employers and health plans.Neura’s end-to-end solution offers those living with neurological conditions, starting with headaches and migraine, unlimited online
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Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

by Fred Pennic 05/16/2023 Leave a Comment

Hippocratic AI Launches with $50M for Safety Large Language Model for Healthcare

What You Should Know: Today, Hippocratic AI launched out of stealth to announce the first Large Language Model (LLM) designed specifically for healthcare, as well as a $50M seed round co-led by General Catalyst and Andreessen Horowitz.Co-founded by Munjal Shah and Meenesh Bhimani MD, Hippocratic AI is building the first LLM for healthcare, with an initial focus on non-diagnostic, patient-facing applications. It has outperformed existing language models (e.g. GPT-4) on 100+ healthcare tests
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Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform

by Fred Pennic 05/16/2023 Leave a Comment

Laguna Health Secures $15M for AI-Powered Contextual Care Management Platform

What You Should Know: Laguna Health, a NYC-based AI-powered contextual care management platform raises $15M Series A funding co-led by SemperVirens and HC9 Ventures. The initial close brings Laguna’s total raise to date to over $21M.The company will use the funding to deepen its AI capabilities in the care management context and expand its go-to market. Contextual Care Management, Powered by AI 35 million Americans are hospitalized annually, with at least two-thirds discharged to
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Pear Suite Raises $2.5M for SDoH-Driven Care Navigation Platform to Empower AAPI Communities

by Jasmine Pennic 05/16/2023 Leave a Comment

Pear Suite Raises $2.5M for SDoH-Driven Care Navigation Platform to Empower AAPI Communities

What You Should Know: Pear Suite, a digital health company empowering community health workers (CHWs) to improve health in Asian American and Pacific Islander (AAPI) communities and address social determinants of health (SDOH) raises $2.5M in seed funding. The investment round was led by Mucker Capital, Impact Engine, American Heart Association, Sweater Ventures, and Atento Capital, with support from Techstars, Open Venture Capital, Incisive Ventures, Lair East Labs, StartUp Health, and
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