FCA Venture Partners’ Portfolio Company Lumere Acquired by Global Healthcare Exchange

FCA Venture Partners V Portfolio Company Lumere announced today that it has been acquired by GHX Healthcare. FCA led the Lumere’s $4.0M Series A Round in March 2014 investing $3.2M in the company when it had nine employees and less than a million dollars in annual revenue. Since then, the company has rapidly expanded, raising a Series B round of financing, which FCA participated in, and growing the Lumere team to more than 100 employees. The acquisition by GHX was an exceptional outcome for Lumere and resulted in a fantastic return on investment for FCA’s limited partners.

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Investment Thesis Report: Birth Centers

Maternity-related care is one of the largest expenses for the U.S. healthcare system today. The growing cost of care is shouldered by individuals, employers, and insurers alike, threatening to reach unsustainable levels. Despite the volume of capital these stakeholders are sacrificing for maternity and birth services, the country is still experiencing an epidemic involving soaring rates of premature births, postnatal complications, unnecessary cesarean procedures, and maternal mortality. After recognizing these trends, most of which have manifested in hospital settings, more American women are pursuing birth centers as an alternative delivery option.

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GoCheck Featured in Modern Healthcare

CHOC early last year integrated an app called GoCheck Kids as part of routine care in well-child visits for patients ages 1 to 3 who visit providers in its primary-care network. The app screens for vision disorders in young children, many of whom are too young to describe their own vision, to help the provider decide whether a referral to an eye specialist is needed.

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Record VC Investment Levels in TN with Nashville Leading the Way

Nashville startups dominated venture-capital investment statewide during the most lucrative period ever for technology ventures in Tennessee and in the nation. 

The streak is driven by a handful of companies collecting hundreds of millions of dollars from investment firms, according to a "MoneyTree" report released this week from leading industry analysts PricewaterhouseCoopers and CB Insights

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FCA NewsAndrew Bouldin