What You Should Know:
- Medallion, a provider of AI-powered provider network infrastructure, today announced it has raised $43M in new funding led by Acrew Capital, with participation from Washington Harbour Partners and returning investors including Sequoia Capital, GV, and Spark Capital. The funding brings the company’s total raised to $130M, reinforcing its mission to eliminate administrative waste and streamline healthcare operations.
- The company plans to automate thousands of
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credentialing compliance
RFX Solutions Raises $9M for All-in-One Healthcare Regulatory Compliance Platform
What You Should Know:
- RFX Solutions, a leading provider of SaaS compliance software for healthcare facilities, has announced a successful $9 million Series A funding round led by Arthur Ventures.
- The user-friendly SaaS platform empowers healthcare facilities to navigate the complexities of regulatory requirements efficiently and effectively. This investment by Arthur Ventures positions RFX Solutions to become an even more dominant force in the healthcare compliance
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Leveraging Technology to Bridge Gaps in Compliance
American health systems, hospitals and post-acute care providers are required to comply with hundreds of regulatory requirements. Facilitating this compliance comes with a high cost. According to the American Hospital Association, the average-sized community hospital spends nearly $7.6 million annually on administrative activities to support regulatory compliance. With the impending end of the COVID-19 public health emergency set to shake up healthcare regulations, ongoing healthcare labor
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GHX Launches App for Healthcare Credentialed Supply Chain
Today, GHX announced the GHX Vendormate Credentialing mobile app, the first mobile solution available to both healthcare suppliers and providers to help drive increased vendor credentialing compliance. Delivering access to the credentialing solution via mobile app helps to streamline compliance for both providers and suppliers. The new GHX Vendormate Credentialing mobile app is available now through the Apple App Store and Google Play for Android devices.In the U.S. alone there are 244,000+
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