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Roundup: DispatchHealth receives $330M and more digital health fundings


Denver-based in-home care supplier DispatchHealth raised $330 million in funding, with the fairness increase led by Optum Ventures. This brings the corporate’s complete increase to over $700 million.

New buyers Blue Defend of California, Olayan Group, Adams Avenue Companions, Pegasus Tech Ventures and Silicon Valley Financial institution joined in funding. Present buyers supported the spherical, together with Humana, Questa Capital, Oak HC/FT and Echo Well being Ventures.

Silicon Valley Financial institution and K2 HealthVentures led the debt increase. 

The funds can be used to proceed constructing the corporate’s proprietary platform, known as the Final Mile Well being Care Expertise Platform, aimed to assist with care supply through logistics, medical assist and coordination with different events in its ecosystem. 

The most recent funding spherical was initially reported by Dwelling Well being Information.

The current increase comes after the in-home care supplier introduced it scored $200 million in Collection D funding in early 2021, which introduced the corporate’s complete valuation to $1.7 billion.

Silicon Valley Financial institution and Hercules Capital supplied a $300 million credit score facility to Oak Avenue Well being, a sequence of value-based major care facilities for older adults. 

The funding will present Oak Avenue Well being with strategic and operational capital over the following a number of years. 

“Hercules Capital is happy to as soon as once more accomplice with Oak Avenue Well being as they proceed to develop their nationwide footprint and supply high-quality major care to older adults throughout the nation,” Michael Dutra, managing director at Hercules Capital, mentioned in an announcement. “We’re impressed with Oak Avenue Well being’s dedication to sufferers and are completely satisfied to assist their continued development with this new credit score facility.”

New York-based psychological well being tech firm Resilience Lab introduced it had raised $15 million in Collection A funding.

The spherical was additionally led by Morningside and Viewside Capital Companions. The corporate permits psychological healthcare clinicians to collaborate. It additionally gives an identical care supply platform for clinicians and sufferers. 

“Digital innovation has made remedy extra accessible, however it isn’t fixing for the long-term. We’d like extra therapists and higher, increased high quality remedy if we wish to make a dent within the U.S. psychological healthcare disaster,” Marc Goldberg, cofounder and CEO of Resilience Lab, mentioned in an announcement.

“Right now’s funding is a key milestone for our group, validating that our imaginative and prescient of elementary and complete reform within the therapist growth journey is as vital as digital entry and back-end automation.”

Validic, a distant monitoring information administration agency, raised $12 million in its newest funding spherical.

The spherical was led by Kaiser Permanente Ventures, with participation from present and new buyers, together with Inexperienced Park & Golf Ventures, Ziegler, Arkin Digital Well being, Greycroft Companions, SJF Ventures and Gore Vary Capital.

The corporate companions with healthcare plans, suppliers and well being IT corporations and affords a platform makes use of private information to tell healthcare selections. 

“Validic has been and continues to be an vital a part of Kaiser Permanente’s efforts to enhance high quality of look after our 12.6 million members in a means that’s extra handy, accessible, and reasonably priced,” Chris Stenzel, government managing director for KP Ventures, mentioned in an announcement.

“We’re proud to guide this newest funding spherical, which can assist us proceed to ship know-how and instruments for well being promotion, illness prevention, state-of-the-art care supply and world-class persistent illness administration.”

Guarantee Well being, a digital care and distant affected person monitoring supplier for sufferers with persistent circumstances, raised $8.7 million in a seed funding spherical that solely included strategic buyers. 

The corporate companions with healthcare organizations to supply distant affected person monitoring, distant therapeutic monitoring and applications for persistent illness administration. The funds can be used to develop entry to its platform, and the corporate mentioned it should even have 100 full-time staff by the top of the yr.

“We all know that the additional assist our applications present retains folks wholesome and improves their independence and high quality of life at dwelling,” Jeff Nadel, cofounder and CEO of Guarantee Well being, mentioned in an announcement.

“We’re thrilled to safe this seed funding from companions who share on this dedication and who’re well-situated to assist us thrive in our subsequent part of development, and we’re trying ahead to increasing entry to our imaginative and prescient of on a regular basis care to sufferers throughout the nation.”


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