Atlanta, Georgia-based Azalea Health, a health IT software firm with a focus on rural practices and mobile tools, has raised $10.5 million in Series B funding in a round led by Kayne Anderson Capital Advisors. Previous investor Intersouth Partners also participated in the round, which brings the company's total funding to $12.5 million.
Azalea's software suite includes revenue cycle management...
Sunrise, Florida-based MDLive, which offers telehealth services including patient-to-physician remote visits via mobile devices, raised $50 million from Bedford Funding. This brings the company's total funding to at least $73.6 million.
Existing investors include Sentara Healthcare, Sutter Health, Heritage Group, and Kayne Anderson Capital Advisors.
The company said it would use some of the funds...
