Emerge Commerce

Amino Health Secures $10 Million in Funding Round Led by Transformation Capital to Advance Product Investments in AI Care Journeys

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星期三, 五月 22, 2024
Technology, Human Resources, Venture Capital, Health Technology, Professional Services, Health Insurance, Software, Practice Management, Health, Artificial Intelligence, Investment, Patient, Emerge Commerce, Life, Medical device

Amino Health, the leading digital healthcare navigation company, today announced a $10 million funding round led by Transformation Capital.

Key Points: 
  • Amino Health, the leading digital healthcare navigation company, today announced a $10 million funding round led by Transformation Capital.
  • The funds will be used to accelerate Amino’s AI product roadmap to build personalized patient care journeys.
  • This latest capital infusion follows a $30M investment by Transformation Capital in May of 2023.
  • Amino Health’s care navigation platform simplifies the complexity of healthcare by recommending high quality healthcare providers based on objective, proprietary clinical data.

SmarterDx Raises $50M to Bolster Hospital Revenue Integrity and Quality with Its Clinical AI Solution

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星期二, 五月 14, 2024
Floodgate Fund, Partnership, Hearing, Hospital, Health, Investment, Algorithm, AI, Emerge Commerce, ROI, KLAS, Medical device

NEW YORK, May 14, 2024 /PRNewswire/ -- SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital. The round also includes continued investments from Bessemer Venture Partners, Flare Capital Partners and Floodgate Fund, bringing total funding to $71 million to date. The investment will drive product innovation that will create additional value for health systems, as well as support scale as the company expands.

Key Points: 
  • NEW YORK, May 14, 2024 /PRNewswire/ -- SmarterDx, the leader in clinical AI for revenue integrity and care quality, today announced it has secured $50 million in Series B funding led by Transformation Capital.
  • The investment will drive product innovation that will create additional value for health systems, as well as support scale as the company expands.
  • SmarterDx, which raised seed funding in 2022, leverages clinical AI that uniquely understands clinical reasoning and provides complete auditability to enable health systems to close their revenue integrity gap.
  • With this investment, SmarterDx will add new clinical and financial data integrations and continue to refine its proprietary algorithms that identify new revenue and quality opportunities for customers.

Memora Health Expands Leadership Team to Accelerate Growth

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星期三, 四月 24, 2024
Branch, Andreessen Horowitz, Investment, News, Hospital, General counsel, AI, Communication, Divya, Partnership, Emerge Commerce, Software as a service, Growth, SUNY Downstate Medical Center, Engineering, SVP, Patient, Silicon, Y Combinator, SAN, DoorDash, Virtua Health, Intermountain Health, Management

SAN FRANCISCO, April 24, 2024 /PRNewswire/ -- Memora Health, the leading intelligent care enablement platform, today announced an expansion of its leadership team with the addition of Divya Bhat as Chief Product Officer and Herman Ng as Chief Financial Officer. Divya and Herman bring unique experience as Silicon Valley innovators that will help to advance Memora's mission to simplify often complex patient and clinician care journeys.

Key Points: 
  • Memora is bringing this same level of service to health care where it matters most."
  • "I'm thrilled to welcome Divya and Herman to the Memora team and congratulate Jamie and Nathan on their new roles.
  • This strengthens our already robust leadership team," said Manav Sevak, Chief Executive Officer and Co-Founder of Memora.
  • As a leader in driving AI advancements in care delivery, with this expanded leadership team the company is poised for additional growth with leading hospitals and health systems in 2024.

Grow Therapy Raises $88M Sequoia Capital-Led Series C to Advance Effective Mental Healthcare

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星期一, 四月 8, 2024
Growth capital, Learning, LCSW, Environment, TCV, Built-in, Patient, Mental health, Child, Health information management, Digital health, Commercial, Insurance, Athlete, Collection, Adolescence, Geography, EHR, Medicare, Family, Sequoia Capital, Emerge Commerce

NEW YORK, April 8, 2024 /PRNewswire/ -- Grow Therapy, a provider-centric mental health technology company improving access to high-quality mental healthcare, today announced the closing of its $88 million Series C investment round led by Sequoia Capital, with support from Growth Equity at Goldman Sachs Alternatives and PLUS Capital alongside artists and athletes from their collective including Anna Kendrick, Lily Collins, Dak Prescott, Joe Burrow, Jrue Holiday, and Lauren Holiday. Existing investors Transformation Capital, SignalFire and TCV also participated in the round. Additionally, the company announced the launch of its enhanced measurement-informed care system, which will allow it to elevate the care experience for clients and providers and make value-based behavioral care accessible for all patient populations, including Medicaid and Medicare members.

Key Points: 
  • Empowering people to find and engage with effective mental health support is the most pressing need of our time.
  • Grow Therapy CEO Jake Cooper said, "Our team believes that empowering people to find and engage with effective mental health support – regardless of their background, geography or financial circumstances – is the most pressing need of our time.
  • We're proud to partner with the Grow Therapy team as they pursue the important mission of providing access to trusted mental healthcare."
  • Grow Head of Clinical Excellence Cynthia Grant PhD, LCSW, concluded, "Our team at Grow Therapy is privileged to have the opportunity every day to build the infrastructure for this new age of mental healthcare.

CodaMetrix Announces $40M Series B Financing to Advance Medical Coding Quality and Clinically Enrich Claims Data Through AI

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星期二, 三月 12, 2024
General Health, Health, Data Management, Technology, Artificial Intelligence, Organization, Mass General Brigham, Entrepreneurship, Partner (business rank), Acceleration, Artificial intelligence, GI, Radiology, University, Pathology, Mount Sinai Health System, Mass, Emerge Commerce, Medical device

Transformation Capital led the financing with continued support from existing investors SignalFire, Series A lead, and Frist Cressey Ventures.

Key Points: 
  • Transformation Capital led the financing with continued support from existing investors SignalFire, Series A lead, and Frist Cressey Ventures.
  • Series B financing will be used to further advance CodaMetrix’s AI-powered solutions which improve medical coding quality, produce clinically comprehensive data sets, reduce the overall cost of care, and alleviate administrative burden on providers.
  • “Medical coding is one of the most time-consuming, understaffed and inherently error-prone parts of the health system revenue cycle.
  • “Our game changing AI platform delivers vital automation which not only addresses these pain points but, more significantly, changes claims data from notoriously unreliable to clinically valuable.

Capital Rx Named to the 2024 New York Digital Health 100

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星期四, 二月 8, 2024
Digital health, FC, Medicare, PBA, Digital, Emerge Commerce, PBM, Entrepreneurship, Cryptocurrency

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Capital Rx , the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation's healthcare infrastructure to improve drug price visibility and patient outcomes, has been named to the 2024 New York Digital Health 100 (DH100) again.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Capital Rx , the full-service pharmacy benefit manager (PBM) and pharmacy benefit administrator (PBA) advancing our nation's healthcare infrastructure to improve drug price visibility and patient outcomes, has been named to the 2024 New York Digital Health 100 (DH100) again.
  • This recognition highlights the most exciting and innovative digital health companies in New York.
  • Digital Health New York (DHNY) publishes the annual list along with the New York Healthcare Innovation Report, which takes an in-depth look at the investment trends, opportunities, and challenges in the digital health sector.
  • "2024 marks the fifth year of the New York Digital Health 100, and in that time, the digital health ecosystem in New York has significantly grown and evolved," said Bunny Ellerin, Co-Founder and CEO of DHNY.

Arbital Health Completes Acquisition of Santa Barbara Actuaries and Closes Series A Financing

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星期四, 一月 4, 2024
Shift, Health care, Employment, Labs, FDA, Acquisition, SAN, Participation, Digital, Payment, MAAA, Vision, Travis May, SBA, Emerge Commerce, ROI, Management

SAN FRANCISCO, Jan. 4, 2024 /PRNewswire/ -- Arbital Health, a technology startup focused on accelerating the healthcare industry's transition to value-based care, today announced the acquisition of Santa Barbara Actuaries, Inc. (SBA), and $10 million in Series A financing led by digital healthcare investor Transformation Capital. 

Key Points: 
  • Santa Barbara Actuaries is a leading actuarial and healthcare consulting firm specializing in value-based care and data analytics solutions.
  • The acquisition of Santa Barbara Actuaries by Arbital Health provides the company with a best-in-class value-based care actuarial team along with top-tier clients across the value-based care landscape.
  • "We are very excited to welcome the Santa Barbara Actuaries team to Arbital Health.
  • In addition to announcing the acquisition of Santa Barbara Actuaries, Arbital Health also completed its $10 million Series A financing, led by Transformation Capital.

Amino Health Announces John Asalone as New CEO; David Vivero Assumes Role of Chairman in CEO Succession

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星期三, 十二月 13, 2023
Data Management, Technology, Professional Services, Managed Care, Health, Venture Capital, Health Technology, Health Insurance, Software, Hospitals, Internet, Emerge Commerce, GoodRx, SVP, Growth, Multimedia, Todd Asalon, Amine, Lead, Nursing, Fine chemical, Health insurance

Amino Health, the leading digital healthcare navigation company, today announced the appointment of John Asalone to the role of Chief Executive Officer.

Key Points: 
  • Amino Health, the leading digital healthcare navigation company, today announced the appointment of John Asalone to the role of Chief Executive Officer.
  • He succeeds David Vivero, the company's visionary founder and CEO, who steps into a new role as Chairman.
  • “I joined Amino to advance its mission of transforming how Americans engage with the healthcare system,” said Asalone.
  • Using Amino, members successfully find high-quality and appropriate providers three times more often than people without Amino.

Ciitizen Forges New Path as Independent Company

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星期三, 十二月 13, 2023
Drug development, HIPAA, Genetics, SAN, Policy, StubHub, Patient, Algorithm, Heart, General partnership, Ecosystem, Caregiver, Stanford University, Houzz, Partnership, Emerge Commerce, Pharmaceutical industry, Invitae

SAN FRANCISCO, Dec. 13, 2023 /PRNewswire/ -- Ciitizen, the leading patient-directed healthcare platform, today announced its formation as an independent company following its divestiture announced by Invitae Corporation (NVTA). Ciitizen will continue with its mission to enable faster drug development and improve therapies and support for patients with rare and complex diseases. 

Key Points: 
  • Ciitizen will continue with its mission to enable faster drug development and improve therapies and support for patients with rare and complex diseases.
  • Using its proprietary AI models and algorithms, Ciitizen creates patient and disease profiles with unprecedented detail and personalization.
  • "Ciitizen's direct relationships with patients are at the heart of our platform," said Farid Vij, Chief Executive Officer of Ciitizen.
  • Ciitizen and Invitae intend to collaborate on key initiatives as the Ciitizen platform expands globally.

LightForce Orthodontics Secures $80 Million Series D Funding Led By Ally Bridge Group, Opens Second Digital Factory

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星期三, 八月 2, 2023
Research, Technology, Medical Devices, Dental, Clinical Trials, Software, Hardware, Pharmaceutical, Health, Science, CBCT, Education, Mouth, Anatomy, 3D, Venture round, Mortification (band), Multimedia, Emerge Commerce, Journal, DMD, Patient, Brace, Growth, AI, Journal of Clinical Orthodontics, Matrix Partners, MMSc, 3D printing, Dentistry, Orthodontics

LightForce Orthodontics , makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group .

Key Points: 
  • LightForce Orthodontics , makers of the world’s first fully personalized 3D printed braces system, today announced it raised an $80 million Series D round led by Ally Bridge Group .
  • View the full release here: https://www.businesswire.com/news/home/20230802064966/en/
    LightForce Orthodontics will expand its manufacturing capabilities to advance production and further its custom orthodontic treatments using AI and 3D printing.
  • The Series D round will also prepare the company to grow and scale production capabilities, with a new, 36,000 square-foot manufacturing facility in Wilmington, Massachusetts.
  • To support the new business growth, LightForce will also add sales and manufacturing roles to its team.