CodaMetrix’s Post

K Health, a provider of AI-powered primary care services, has successfully secured $50 million in a new funding round. This latest investment has elevated the company's valuation to $900 million, marking a significant milestone in its growth trajectory. The funding is earmarked for two primary objectives: expanding K Health's presence in the United States market and enhancing its artificial intelligence capabilities. ➜ Check the news at: https://lnkd.in/ddz79ab4 ➜ Vendorvise's official Instagram: https://lnkd.in/ebK2KQ2C ➜ Vendorvise's Linktree: https://lnkd.in/dQdbMdth 🤖 If you enjoy reading my posts about AI and tech news, hit the like button and share with your friends to support my content! #ai #artificialintelligence #ainews #aipowered #news #blog #khealth #50million #funding #investment #valuation #900million #healthcare #services #generativeai #aitech #tech #technology #content #socialmedia #future #new #business #techtrends #innovation #launch #success #markets #marketing #people #industry

Reveleer, a leading AI-powered healthcare technology data and analytics company committed to advancing sustainable value-based care for health plans and risk-bearing providers, today announced it has raised over $65 million in new capital in a financing round led by Hercules Capital, Inc. "This funding will have a tremendous impact as it positions us to strategically pursue inorganic growth opportunities in value-based-care technology, accelerating innovation and enhancing patient care through healthcare AI technology," said Jay Ackerman, CEO and President at Reveleer. "With this infusion of capital, we can swiftly seize market opportunities and further our mission. We are excited to have Hercules Capital, Inc. as a new financial partner." "Backing Reveleer's growth trajectory is crucial as the company tackles significant challenges for payers and providers, including handling the influx of clinical data, optimizing workflow efficiency, and bridging care gaps," noted Tom Hertzberg, Managing Director at Hercules Capital, Inc. Read the press release, here: https://lnkd.in/esGSxgR2 #empoweringinnovators #AI #healthtech #venturedebt

Health tech startups are raising funds to improve health data, but they still have a long way to go before we see any meaningful change in healthcare's digital infrastructure. With patient data across varying systems run by hospitals, insurers, and providers, this is a complex issue no single startup can address without broader institutional support. #Healthcare #DataPrivacy #Innovation

Large health systems are taking on the role of creator and inventor, and AI-based technologies stand to accelerate these efforts, allowing for diversification of revenue streams and novel partnerships to innovate for the future. A recent joint venture backed by Northwell Health will provide clinical and commercial guidance to support these efforts. However, the key question remains: how will small and medium-sized healthcare delivery organizations engage? Fierce Healthcare #innovation #commercialization #AI #FutureofHealth #HealthEquity #healthsystems https://lnkd.in/gQhMC9cr

Congratulations Amit Garg and the HiLabs team on the successful closure of their $39 million Series B financing round. HiLabs is committed to revolutionizing healthcare through their AI-powered Platform MCheck™, facilitating seamless data ingestion, cleansing, and summarization for payers, providers, and patients alike. In the rapidly evolving healthcare landscape, HiLabs stands out as a leader, leveraging data-driven insights to transform the industry. "In healthcare, accessing clean and vital information promptly is crucial, with inefficiencies costing over $300 billion annually in the United States alone," said Amit Garg, Co-founder and CEO of HiLabs. "As we embrace this exhilarating next phase of growth, we're deeply thankful for the backing of healthcare-focused investors. We stand poised to propel our responsible AI technology forward, empowering healthcare organizations to make swift, informed decisions based on data that's not just clean, but readily available when it matters most." Link in comments to learn more. #healthcare #AI #venturecapital Carl Bradford Byers 🚑

Today's newsletter has a peek into what Drew Armstrong, Ngai Yeung and I are chatting about all day long in our Slack channels! That includes: - What's next for pharmacy giants? - Intriguing ideas about what AI can do in healthcare - which startups are landing new funding + more! check it out, and be sure to subscribe: https://lnkd.in/guyRrguU

10 of the most exciting digital health startups of 2024, according to VCs TechCrunch 6 of the 10 are AI-focused. • Abridge • CodaMetrix • Cohere Health • growtherapy • Equip • Maven Clinic • Memora Health • SmarterDx • Summer Health • Transcarent #AI #ArtificialIntelligence #MachineLearning #Tech #BigData #HealthcareAI #DigitalTransformation #Healthcare #HealthTech #MedTech #Telemedicine #HealthInnovation #Investing #VentureCapital #StartupFunding #AngelInvesting #PrivateEquity #Fintech #Data

🌟 Optmycare has achieved a significant milestone with $4.5M in total investments, propelling our AI-driven healthcare solutions to new heights. Our advanced platform excels at integrating precision analytics with robust risk stratification, managing over 55 chronic conditions. It delivers real-time, actionable insights that are crucial for effective decision-making in healthcare. 🚀 Dr. Saravanan Bala, our CEO and co-founder, highlights, "Our clinically-engineered algorithms optimize healthcare workflows, significantly reducing costs and improving efficiency." 🙏 Thanks to our team, founders, and partners like LiveOak Ventures, we're transforming predictive healthcare analytics. ➡ READ PRESS RELEASE: https://lnkd.in/ehJdKE4C #OptMyCare #HealthTech #ClinicalInnovation #AIinHealthcare #ValueBasedCare #investments #AI #healthcare #analytics #riskstratification #chronicconditions #actionableanalytics #healthcareworkflows #LiveOakVentures #predictivehealthcareanalytic💡

Investor panel from y/day's HealthtechX conference in London. "Predictions for 2024, will it better or worse than 2023"? Pam Garside - Cambridge Angels: "Hoping it will be better. Generally founders are coming too late to the table for funding rounds. Acquisition market maybe hotting up, with a few more exits this year" Michael Treskow - Eight roads Ventures: "I'm an optimist. 2024 will be great. First two months has seen more activity. Public markets are doing well. AI active area. We are excited to invest" Dominick Kennerson, HSBC: "Moderately bullish. Areas such as provider operations, cardio (biggest killer ww), clinical workflow solutions, will make for an interesting year ahead" Session moderated by Julien de Salaberry #healthtech #healthtechx

Any risk-bearing entity in healthcare should want to identify members/patients who have rising risk, why our A/I engine predicts this risk and what to do to mitigate the escalation of risk. Contact Optmycare and let us help you figure out how to mitigate chronic disease progression across multiple diseases. #innovation #aihealthcare #populationhealth #riskprogression