Tag

Financings

Jan 15 2020
0

DrChrono doctors up some new financing, $20 million worth, for its "essential platform and services for modern medical practices to make care more informed, more interactive and more personalized."  You can't make this up, I can't make this up, but apparently someone at the company can.  What they really do is over scheduling software, nothing wrong with that, a very basic need and something you should be proud of, so why not just say that.

https://www.globenewswire.com/news-release/2020/01/13/1969660/0/en/DrChrono-Raises-20-Million-Growth-Capital-Round-to-Accelerate-Growth.html
Jan 13 2020
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Another minute, another analytics company getting big bucks, as Arcadia Health raises $29.5 million in new capital for its version of analytics to help health systems aggregate data and spot areas for performance improvement.

https://medcitynews.com/2020/01/cigna-ventures-leads-29-5m-funding-in-healthcare-analytics-company/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81813316&_hsenc=p2ANqtz--uaddBADxNazP3_Zy68p593_j4qD_-b2dDHGAyN6DzxC2NogJCIpBo9ZxxhoBluRLJxpYr12vMYjXFhufmaeM519LEWtmkDTKLQHt9GsYO8ulJ-ZA&_hsmi=81813316&rf=1
Jan 09 2020
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Komodo Health dragoons investors out of $50 million in new capital for its "living map" of clinical data that will supposedly transform health care.  Heard that before?

https://medcitynews.com/2020/01/startup-building-living-map-for-healthcare-raises-50m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81682331&_hsenc=p2ANqtz--GiEdrFM8JtiGx80-WTWqrS3n9YMl1BB_v__mPr3REJmC1kow-TNRvg4x_eNiDGUhTTSqi3njsq1b5uqRlFyawrhbtuMLBS7kQvkq6Wtb9OV6M3yo&_hsmi=81682331
Jan 08 2020
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Pieces Technologies tries to make a whole, or fill a hole, getting $25.7 million in new funding for its software that collects data about patients from non-health sources, like food banks and job assistance services.  The latest in the social determinants of health fad.

https://medcitynews.com/2020/01/startup-that-pieces-together-data-from-hospitals-community-raises-25-7m/?utm_campaign=MCN%20Daily%20Top%20Stories&utm_source=hs_email&utm_medium=email&utm_content=81624736&_hsenc=p2ANqtz-8IGkylRHBoWoN7q-nTpYKuKIJNUx6kul9i2Ws1Qk5CjDkMYjNt7vjY_Xkif0GD0_y1v6OBBMGiRPtFB8fV0hjpr7qsy9nHzvBR0KBYdwd8BLvP79Q&_hsmi=81624736&rf=1
Jan 06 2020
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I think I don't understand this.  Cogitativo, which offers some AI driven software to help providers improve performance, raised $18.5 million in new capital.  This sentence from the company encapsulates the BS that permeates certain segments of health care and which should be a warning sign for any thoughtful investor but clearly isn't.  "Cogitativo's machine learning platform disrupts the rapidly growing market for healthcare performance improvements by enabling payers and providers to identify and challenge system complexities."

https://www.morningstar.com/news/pr-newswire/20191218sf71019/cogitativo-raises-185m-series-b-round-of-financing