What You Should Know: Strive Health, a Denver-based provider of value-based kidney care today announced it has raised $166M in Series C funding led by NEA alongside five new investors, including large strategic investor CVS Health Venture.The company will use the new funds to grow and scale the business by expanding into new markets, investing in its existing payor, health system, nephrologist and medical group partnerships and refining its clinical value-based care model. Strive will
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
Hyro Secures $20M to Expand Generative/Conversational AI Platform
What You Should Know: Hyro, the leader in plug-and-play conversational artificial intelligence (AI), today announced that it has finalized a $20 million Series B funding round led by Macquarie Capital, with participation from Liberty Mutual Strategic Ventures, Black Opal Ventures, and existing and new investors, bringing the company’s total funding to $35 million.With this capital raise, Hyro will continue to meet the healthcare sector’s critical demand for conversational AI and automation,
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Carrum Health Closes $45M Series B to Scale Oncology & Acute Surgical Care
What You Should Know: Value-based healthcare platform Carrum Health today announced an oversubscribed $45 million Series B financing led by OMERS Growth Equity.The funding will be used to scale the company’s oncology and surgical care service lines for self-insured employers through Carrum Health’s Centers of Excellence network. Surgery and cancer care have never been better. Founded in 2014, Carrum Health is a value-based healthcare platform delivering higher quality care
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Artelon Secures $20M to Advance Surgical Treatment of Joint Instability
What You Should Know: Artelon Inc., a privately held medical device company raises $20M in Series B funding, led by Vensana Capital with expected additional participation from existing investors. Artelon's Dynamic Matrix technology is a proprietary polymeric bio-textile for musculoskeletal soft tissue reconstruction designed to mimic the natural mechanical and biological properties of healing ligament tissue. It has been proven in clinical studies to protect the surgical repair
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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
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
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
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
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
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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