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

Syntax Health Launches with $7.5M to Accelerate Value-based Care Alignment for Healthcare Plans and Providers

by Fred Pennic 06/08/2023 Leave a Comment

What You Should Know:  Syntax Health, Inc., an NYC-based enterprise SaaS-based solution for health plans and providers that accelerates alignment in value-based care (VBC) launches out of Redesign Health with $7.5M in initial funding.Syntax Health’s new dynamic platform removes friction in the contracting process using analytics, infrastructure and a collaborative Virtual Workspace. The team-centric enterprise solution drives transparency, collaboration and consistency, and facilitates
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Carta Healthcare Raises $25M for AI-Powered Clinical Data Abstraction

by Syed Hamza Sohail 06/08/2023 Leave a Comment

Carta Healthcare Raises $25M for AI-Powered Clinical Data Abstraction

What You Should Know: What You Should Know: Carta Healthcare®, a company whose mission is to improve patient care by harnessing the value of clinical data, announced today the final closing of its $25 million series B financing, thanks to additional investments from leading health systems Memorial Hermann Health System and UnityPoint Health.These additional investments follow the initial $20 million series B financing announced in November 2022, which included investors such
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RxLightning Secures $17.5M to Streamline Specialty Medications Access & Affordability

by Syed Hamza Sohail 06/06/2023 Leave a Comment

RxLightning Secures $17.5M to Streamline Specialty Medications Access & Affordability

What You Should Know: RxLightning, creator of the industry’s first comprehensive platform for streamlining specialty medication access and affordability, today announced that it closed a $17.5 million Series A investment to support the company’s growth and further remove barriers to life-saving therapies.The round was led by LRVHealth, with participation from McKesson Ventures and existing investors Novartis (dRx Capital), Onco360 (BrightSpring Health
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Strive Health Secures $166M to Expand Value-Based Kidney Care Platform

by Jasmine Pennic 05/31/2023 Leave a Comment

Strive Health Secures $166M to Expand Value-Based Kidney Care Platform

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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Hyro Secures $20M to Expand Generative/Conversational AI Platform

by Syed Hamza Sohail 05/31/2023 Leave a Comment

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

by Fred Pennic 05/30/2023 Leave a Comment

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

by Fred Pennic 05/24/2023 Leave a Comment

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

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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