Candid Health, a revenue cycle management platform for healthcare providers, announced it raised $52.5 million in Series C funding.
The round was led by Oak HC/FT with participation from existing investors.
The latest funding round brings the company's total amount raised to $99.5 million.
WHAT IT DOES
Candid Health aims to simplify medical billing by giving providers the ability to focus on...
Healthcare software company Commure announced it acquired digital care navigation platform Memora Health.
Commure provides a FHIR-compliant development platform for health systems, vendors and startups to build healthcare applications and software. The company offers a suite of products including Scribe, automatic clinical documentation powered by AI; Strongline, wearable duress badges that allow...
Healthcare technology company athenahealth, introduced new automation and AI-based software innovations that streamlines and lowers the burden of revenue cycle management (RCM) for thousands of physician practices.
The company aims to eliminate at least half of the work currently handled by athenahealth practices over the next three years, while increasing the speed, accuracy and quality of RCM...
StrataPT, a billing practice management software provider, has secured $25 million in financing in a round led by Council Capital.
In a statement, the company said that the funding comes at a time when it is seeing growing demand for its SaaS-based platform that integrates electronic medical records (EMR), revenue cycle management (RCM), billing and collections into one solution.
Council Capital...
Adonis, a healthcare revenue cycle intelligence and automation company, announced it secured $31 million in Series B funding, bringing its total raise to $54 million.
Point72 Private Investments led the round with participation from new investor Kin Ventures and existing investors General Catalyst, Max Ventures and Bling Capital.
WHAT IT DOES
Adonis provides revenue cycle technology to...
Veradigm, a data-driven healthcare technology company, announced it acquired revenue cycle optimization platform Koha Health the same day law firm Robbins Geller Rudman & Dowd LLP announced it filed a class action lawsuit against the health technology company on behalf of its investors.
The class action lawsuit was filed against Veradigm on behalf of purchasers of the company's common stock...
Singapore-based healthcare data exchange platform Smarter Health announced Monday it had raised $5.15 million SGD ($3.8 million USD) in Series A funding.
The round was led by East Ventures, with participation from Citrine Capital, HMI Group and Emtek.
WHAT IT DOES
Smarter offers a platform that allows for easier data exchange between payers, providers and patients.
That includes products that...
Rivet Health, a revenue cycle management and healthcare pricing transparency platform, has raised $8.25 million in Series A funding. Menlo Ventures headed the round, which also included prior investors Lux Capital and Pelion Venture Partners.
WHAT THEY DO
Rivet's technology platform helps providers give their patients a pricing estimate prior to their services, as well as the option to pay...
Gentem, a San Francisco tech startup looking to streamline reimbursement for smaller practices, has raised $3.7 million in seed funding. Susa Ventures headed the raise, which also saw support from Village Global, Vulcan Capital, Hustle Fund, 500 Fintech, Social Starts, Great Oaks VC and other unnamed backers.
WHAT THEY DO
In an effort to reduce the stress of payments for those working in small-...
