What You Should Know:
- PhotoPharmics, a leader in specialized light therapy for neurodegenerative diseases, today announced the close of its oversubscribed $6 million Series B extension.
- The round was led by Kickstart Fund with participation from current and new investors, reflecting strong confidence in the company’s clinical promise and the commercial potential of its Parkinson’s therapy.
PhotoPharmics Advances Light-Based Therapy for Parkinson’s with Phase 3 Trial and New
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Startups| Digital Health | | Health IT News, Analysis, Insights - HIT Consultant
hellocare.ai Raises $47M for AI-Assisted Virtual Care Delivery
What You Should Know:
- hellocare.ai, the leading AI-assisted virtual care delivery platform transforming hospital care models and operations, today announced it has raised $47 million in an oversubscribed funding growth round.
- The round was led by HealthQuest Capital, with participation from a strategic coalition of forward-thinking health systems and digital health investors, including Bon Secours Mercy
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Youlify Raises $4.3M to Optimize Medical Billing with Generative AI
What You Should Know:
- Youlify, a physician-founded AI company rebuilding the financial backbone of healthcare, today announced $4.3 million in seed funding to help hospitals and doctors get paid faster and more accurately.
- The platform replaces traditional billers with AI and provides an end-to-end revenue cycle management platform that completely automates coding, claims, and denial recovery. The round was led by Brett Queener at Bonfire Ventures, with participation from Top Harvest
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Brellium Raises $16.7M to Power AI-Driven Compliance for Healthcare
What You Should Know:
- Brellium, the AI-powered clinical and payor compliance platform helping healthcare organizations streamline chart audits and reduce clinical risk, has secured $16.7M in Series A funding led by First Round Capital, Left Lane Capital, and Menlo Ventures, with participation from Digital Health Venture Partners and Necessary Ventures.
- The funding will fuel team growth, product development, and broader adoption across healthcare segments like mental health,
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RISA Labs Raises $3.5M for AI-Powered Oncology Prior Authorizations Platform
What You Should Know:
- Cancer patients don’t just fight the disease - they fight the system. Today, life-saving treatments are routinely delayed by days or even weeks due to manual, error-prone workflows
- To solve this, RISA Labs has raised a $3.5M funding round to help healthcare organizations eliminate one of the most persistent barriers to timely cancer care: prior authorization delays. RISA Labs has already proven that faster care is possible by dramatically reducing manual
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Assort Health Raises $26M for Specialty-Specific GenAI Platform for Managing Patient Phone Calls
What You Should Know:
- Assort Health, a company specializing in AI solutions for managing patient phone calls in healthcare, has announced a new round of institutional financing co-led by First Round Capital and Chemistry, with continued support from existing investor Quiet Capital, bringing the company's total funding to $26M.
- The funding will be used to accelerate Assort Health's mission of improving access to care by addressing the issues of long hold times and scheduling
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Deacon Health Launches With $7M for Specialty Care Management
What You Should Know:
- Deacon Health, Inc., a specialty care management provider, today announced the public launch of its specialty care management platform supportive to polychronic patients.
- Deacon Health is powered by a technology that it acquired through an asset purchase that drives over 13.5% in MLR reduction.
Deacon Health Secures $7M Seed Funding to Advance Coordinated Specialty Care for Polychronic Populations
Deacon Health, a provider of coordinated care solutions for
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Daymark Health Launches with $11.5M to Redefine Cancer Care
What You Should Know:
- Daymark Health, a company aiming to redefine the cancer care experience, has publicly launched with an $11.5M in seed funding co-led by Maverick Ventures and Yosemite, with additional participation from Oncology Ventures. Daymark was launched out of Healthcare Foundry, with Robert Pahlavan and Jonathan Rhodes as co-founders leading thesis development.
- The company began operations this year in partnership with a leading payer in the Northeast, providing
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Venteur Raises $20M to Expand Personalized Health Benefits Platform
What You Should Know:
- Venteur, a personalized health technology platform secures $20M in Series A funding round led by Informed Ventures and American Family Ventures, with strategic investment from Morgan Health, Catalyst by Wellstar, and Ingeborg Investments. Existing investors also participated in the round.
- Venteur has been a pioneer in the ICHRA space, helping employers manage rising healthcare costs and offering a practical alternative to traditional group health plans. The
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Sohar Health Raises $3.8M for AI-Driven Eligibility Verification Platform
What You Should Know:
- Sohar Health, an AI-driven provider of eligibility determination and Verification of Benefits (VoB) raises $3.8M in seed funding round led by Kindred Capital, with participation from Y Combinator, General Catalyst, Character, and prominent angel investors,
- The funding will accelerate Sohar's mission to eliminate insurance barriers that delay care, burden providers, and leave patients in limbo.
The Problem: Inefficient Insurance Verification:
The
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