HCA Uses AI to Decrease Time From Cancer Diagnosis to First Treatment by Almost a Week

Azra AI offered multiple technologies to help solve the complex problems, beginning with early identification of cancer patients through the use of artificial intelligence to surface positive cancer patients from pathological reports. Azra AI offered the ability to centralize the HCA division's data into essentially one platform from which staff could derive data to set service line goals and growth objectives with real-time data and volumes.

Read More
FCA Venture Partners Closes Oversubscribed Health Innovations II Fund at $71 Million

FCA Venture Partners (“FCA”), a leading healthcare technology venture capital firm, is pleased to announce that FCA Health Innovations II (“FCA HI II”) held its final close with more than $71 million in capital commitments, well over the fund’s initial target of $50 million. With the launch of this fund, FCA HI II will continue its successful strategy in supporting Seed and Series A stage companies within the digital health and technology-enabled healthcare services landscape.

Read More
FCA NewsAndrew Bouldin
CoachCare acquires NVOLVE

CoachCare, a leading remote patient monitoring (RPM) and virtual health company, has acquired Winston-Salem based RPM company NVOLVE, for an undisclosed amount. Founded in 2014, NVOLVE’s expertise in the pain, spine and orthopedic specialties adds providers serving patients across North Carolina, South Carolina, Virginia, Georgia, Texas and Tennessee to CoachCare’s offerings. 

Read More
Industry’s First Male Fertility Platform Posterity Health Raises $7.5M in an Oversubscribed Funding Round Led by Distributed Ventures

Posterity Health, the only digital male fertility center of excellence that offers personalized advice, educational resources, and effective male fertility treatments, today announced an oversubscribed funding round of $7.5M led by early-stage venture capital fund Distributed Ventures. The funding reinforces the importance of evaluating the male partner when a couple is having trouble conceiving. The new capital will accelerate the company’s Digital Health Platform and provide access to male fertility testing and treatment on a national scale. This expansion has been crisply synchronized to capitalize on the new male fertility benefits that became effective on January 1, 2023.

Read More
Technology-Enabled Transportation Puts Health Plans in the Driver’s Seat To Improve Outcomes

Medicare Advantage and Medicaid plans making the switch from traditional to technology-first NEMT programs are realizing positive outcomes across the board. A missed medical appointment costs a provider $200 on average, and no-show rates are as high as 30% nationwide. When members have access to reliable, technology-first NEMT solutions, they are three times more likely to show up to appointments. Empowering members to book their own rides and choose the most appropriate transport type for their unique needs and comfort level helps drives member satisfaction and, ultimately, star ratings.

Read More
Carallel Raises $8.2 Million to Support Family Caregivers, with Backing from Major Regional Health Plans

Carallel, a leading provider of human-centered guidance and digital tools for family caregivers, has raised an $8.2 million Series A funding round. FCA Venture Partners led the round, with participation from prominent regional payers including 450 Ventures, as well as Create Health Ventures, Gratitude Railroad, Loud Capital, and Wanxiang Healthcare Investments.

Read More
Investment Thesis Report: Digital Health at Scale

Information technology has taken the expanding healthcare industry by storm. As IT has become fully integrated into the modern world, healthcare providers have become increasingly reliant on exciting IT innovations that are transforming healthcare processes. Countless healthcare IT startups have attempted to develop strong market positions selling services to providers, but only few have reached $100 million or more in annual recurring revenue (ARR).

Read More