What You Should Know:
- Today, Health Payment Systems, Inc. (HPS)/PayMedix announced it has raised another $25M of funding to accelerate the growth of its PayMedix healthcare financing solution led by SVB Capital with partipcation from existing investors SV Health Investors, Hexagon, Inc. and Caltius Equity.
- PayMedix increases health equity for all consumers by guaranteeing full and prompt payments of all in-network allowed charges for
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SV Health Investors
American Well Acquires Aligned Telehealth to Create The Largest Telepsychiatry Platform
Key Highlights- American Well has signed a definitive agreement to acquire Aligned Telehealth, a leader in the provision of behavioral telehealth and telepsychiatry services to hospitals and health plans. - The acquisition combines Aligned Telehealth’s ability to access a network of clinical experts with American Well’s digital care delivery platform. - The combination will create the largest enterprise telepsychiatry platform in the U.S.National telehealth leader American Well announced today
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SV Life Sciences Rebrands As SV Health Investors, Closes $400M Fund
Boston-based healthcare and life sciences venture capital and growth equity firm SV Life Sciences has changed its name to SV Health Investors and has closed its sixth flagship fund target of $400 million. SV Health Investors' venture partner program focuses on leveraging experienced healthcare entrepreneur to serve as hands-on advisors and directors for portfolio companies. This approach contributes to SV's appeal to both potential investors and entrepreneurs. The new multi-sector focus fund
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