PayGround, a healthcare fintech payments platform, today announced the completion of a $5.5M funding round led by FCA Venture Partners and Lewis & Clark Ventures with participation from existing investors, Triventures and notable angel investors. This financing will help the company expand into new markets, invest in new marketing campaigns and enhance the platform’s features.
Read MoreOlympus today announced that the company's venture capital fund, Olympus Innovation Ventures, completed its first investment, participating in the Series A financing of Virgo Surgical Video Solutions ("Virgo") of Carlsbad, California. The Olympus corporate venture capital fund makes investments in emerging digital, device, and diagnostic companies in minimally invasive detection and treatment of disease in gastroenterology, urology, respiratory care and other clinical areas.
Read MorePhiladelphia-based PrecisionGx announced the closing of its Series A financing round, led by FCA Venture Partners and participation from Commerce Ventures.
Read MoreSCAN Group is betting on nonemergency medical transport with its latest strategic investment.
The company, which is the parent of Medicare Advantage insurer SCAN Health Plan, will invest in SafeRide Health, a technology-enabled NEMT broker that builds transportation programs based on the needs of older adults. SafeRide's platform is connected with a slew of NEMT companies, including Uber and Lyft.
Read MoreVericred, the API platform powering digital experiences in health insurance and employee benefits, today announced that it has changed its name to Ideon to more closely align with the company’s mission and value proposition. The new name embodies Ideon’s role as the catalyst for innovation in an industry that is rapidly transforming to fulfill the expectations of consumers for better and faster benefits experiences.
Read MoreThanks to Will Pruthi for authoring this overview of the dynamic healthcare staffing industry, including current challenges and a selection of companies innovating in the space.
Read MoreThanks to Gabby Parsons for authoring this overview of the pharmacy benefit manager (PBM) space and their evolving role in the healthcare industry, including challenges, policy implications, current participants, and where the industry is headed.
Read MoreSonderMind Chief Executive Officer Mark Frank said the company offers in-person or virtual care from local therapists, and one of its main selling points to customers and investors is that its clinicians are in-network with most insurers in the states where the company operates. He said employers are driving the change. “It took employers starting to bang the table and say, ‘We want this benefit covered,’ ” he said.
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