FCA Health Innovations I portfolio company, SonderMind, a national leader in improving mental health clinical outcomes and making behavioral health more accessible to all Americans, announced the successful completion of a $150 million Series C financing. The round was co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart Fund, and F-Prime Capital.
Read MoreThanks to Will Mabry for authoring this overview of the dental insurance industry, including current market trends, traditional providers, and several innovative startups changing how coverage is offered.
Read MoreSpiras Health, a provider of in-home and virtual healthcare solutions for patients with complex chronic conditions, today announced a $14MM Series B funding round led by NEA, with participation from existing investors Altitude Ventures, FCA Venture Partners, and other strategic investors.
Read MoreIodine Software, a leading healthcare AI company, today announced it has acquired CDI Software and Services company ChartWise Medical Systems, overall winner of the 2021 Best in KLAS Award for CDI. The acquisition brings together two industry leaders and expands Iodine's clinical predictions to more than 800 hospitals and health systems.
Read MoreSpiras Health today announced a five-year agreement with Clover Health, an innovative technology company improving health outcomes for America’s seniors, to provide complex care management services to Medicare members in Kansas and New Jersey. The value-based contract will provide Spiras Health’s personalized multi-modal approach to some of Clover’s most vulnerable patients.
Read MorePrior authorization is a large burden on the healthcare system. While it was conceived as a way to cut unnecessary healthcare costs, the infrastructure of the prior authorization process has failed to innovate as rapidly as the rest of the healthcare industry, leaving providers and patients frustrated. Aside from the complexities surrounding the process as a whole, PA has been listed by physicians as the #1 cause of burnout. The volume of PAs are increasing by 20% per year due to the increasing number of medical treatments on the market.
Read MoreNEW YORK, April 12, 2021 — Vericred, the innovative data services platform powering digital quote-to-card experiences in health insurance and benefits, today announced the completion of a Series B round of funding totaling $23 million and the addition of two new members to its board of directors. Aquiline Technology Growth led the oversubscribed funding round, which included participation from new investors Echo Health Ventures, MassMutual Ventures, Guardian Strategic Ventures, and existing investors Riverside Acceleration Capital, FCA Venture Partners and First Health Capital Partners.
Read MoreLOUISVILLE, KY – April 7, 2021 – eBlu Solutions announced today that it has raised an $11.4M Series A round led by OCA Ventures (Chicago), with co-investors Mutual Capital Partners (Cleveland) and FCA Venture Partners’ Health Innovations II (Winston-Salem/Nashville).
Under the leadership of CEO Mark Murphy, eBlu Solutions is a digital health prior authorization software company – whose digital platform streamlines the prior authorization of expensive infusion-based specialty medications.
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