Digital health funding in August
So far this year, MobiHealthNews has tracked digital funding that has reached nearly $1.35 billion. August was a healthy month for funding, bringing in $223.86 million across 19 deals, putting it slightly above the monthly average for the year. In the first quarter of 2016, digital health companies raised $770 million, and in the second quarter got almost $500...
MDSave, a Nashville, Tennessee-based healthcare transparency company, secured a $5 million investment from Cambia Health, a holding company that owns a number of large insurance plans, MobiHealthNews has learned.
“It was a strategic investment by Cambia to help MDSave expand our portfolio of our payer services that we offer,” MDSave CEO Paul Ketchel told MobiHealthNews. “We have a partnership...
Brentwood, Tennessee-based MDsave has raised $12 million for its medical procedure payment service from MTS Health Investors, a New York-based private equity firm. This brings the company's total funding to at least $19 million. (Correction: An earlier version of the headline of this post incorrectly listed the amount raised as $14 million instead of the correct amount: $12 million.)
MDsave works...
