We are excited to announce the acquisition of eBlu Solutions by Knipper Health, a Frazier Healthcare Partners portfolio company! Together, they are creating a best-in-class platform to accelerate patient access to therapy care. FCA Venture Partners invested in eBlu’s Series A in 2021 and continued to support the company's growth to a successful exit.
evolvedMD, a Collaborative Care Management (CoCM) provider, today announced the close of its $34M Series B investment led by Sustainable Investing at Goldman Sachs Alternatives. Existing investors Conductive Ventures, FCA Venture Partners, Healthworx Ventures, Tectonic Ventures, and Waterline Ventures also participated in the round.
Vellum Health, the mobile healthcare platform delivering advanced intravenous (IV) services at the bedside, announced the close of its Series A funding round. The round was led by FCA Venture Partners, with participation from Green Park & Golf Ventures, and follow-on investment from seed round angel investors. Vellum Health provides mobile IV access, infusion therapy, and on-site transfusion services to patients in skilled nursing facilities, long-term acute care centers, and homes. By enabling hospitals, payors, and post-acute providers to extend high-quality care into lower-cost, more convenient settings, Vellum reduces unnecessary hospitalizations and improves patient outcomes.
A SNF is a healthcare institution that delivers medically necessary skilled nursing care and rehabilitation services to patients following a qualifying hospital stay (Centers for Medicare & Medicaid Services [CMS], 2024). These facilities primarily provide short-term, intensive care for individuals recovering from illness, injury, or surgery, typically after being hospitalized for at least three consecutive days. With the passage of Medicare and Medicaid in 1965, the U.S. government formalized funding for SNFs, establishing federal standards for participation. This further accelerated the development of skilled nursing care as an essential component of post-acute care. As hospital stays became shorter due to cost-control measures and medical advancements, the demand for intermediate care settings surged. SNFs became a critical part of the continuum of care, providing rehabilitation, skilled nursing, and therapy services to patients recovering from surgery, strokes, and other serious conditions
Being an extremely complex disease with a wide variety of symptoms, dementia presents a significant challenge to healthcare systems and families close to those suffering. The symptoms far exceed expected cognitive decline from aging and affect functions such as memory, comprehension, learning capacity, and behavior. As a result, the current landscape of the dementia space is highly fragmented, making it difficult for patients to find care best-suited to their needs. Additionally, innovation in the space has traditionally been difficult with R&D for novel drugs remaining low through the years. Consequently, caretakers and families of a person who has dementia are largely unprepared compared to other diseases. With a wide variety of approaches to treat the disease at different stages, the economic impact far exceeds other diseases, but also presents a massive opportunity for improvement.
Spiras Health was named one of Modern Healthcare’s top three “Best In Business Awardees” for the 2024 Patient Experience and Engagement category! The Best in Business Awards is an esteemed program designed to honor and recognize the exceptional contributions of healthcare suppliers, vendors and partners across twenty critical categories. This program celebrates those who drive innovation, efficiency and excellence across the healthcare industry. By acknowledging the leading innovators within the industry, Modern Healthcare aims to highlight the pivotal role these organizations play in enhancing the overall healthcare ecosystem.
Fierce Healthcare is proud to present our 2024 Women of Influence honorees—10 women doing groundbreaking, industry-leading and innovative work throughout healthcare. Each of the 10 women profiled this year is playing a critical role in driving the industry forward to improve the quality of healthcare services while making medical care more accessible, equitable and patient-driven. They also represent the breadth of healthcare, holding positions at providers, payers and tech innovators both large and small.
PatientPartner, a health-tech startup founded by Forbes Under 30 honorees George Kramb and Patrick Frank, raised $7M in Seed Round funding led by LionBird & FCA Venture Partners. The round was comprised of $3.5M in new money and $3.5M of convertible debt from Alethea Capital and other strategic investors.
CoachCare, a leading remote patient monitoring (RPM) and virtual care management company, today announced a $48 million strategic growth investment led by Integrity Growth Partners ("IGP"), a leading growth investment firm focused exclusively on software and technology-enabled businesses.
The trend of employers abandoning large insurance carriers for self-funded plans is becoming increasingly popular. This decision is often made in response to increasing premiums charged by larger national insurance carriers. Currently, 65% of covered employees are enrolled in a self-funded employer’s healthcare plan. Self-funded plans allow employers to have more control over healthcare costs and offer employees more personalized benefits. These self-funded plans come with various customized benefits, such as chronic disease management, musculoskeletal care, mental healthcare, and direct primary care. There are several companies, including point-solutions vendors, benefits brokers, and third-party administrators, that focus on providing services to these employers. These companies work together to ensure that employees receive quality care and effective benefits.