Daniel from Improve Press
Healthcare information and analytics firm Reveleer introduced it secured greater than $65 million in a funding spherical led by Hercules Capital, Inc.
WHAT IT DOES
Reveleer affords a payer-focused, AI-enabled workflow, information and analytics platform with choices pertaining to danger adjustment, high quality enchancment and member administration with the target of advancing value-based care. The corporate additionally supplies medical document retrieval and evaluation providers.
The Glendale-based firm will use the funds to scale its choices for payers and suppliers.
“This funding can have an amazing influence because it positions us to strategically pursue inorganic development alternatives in value-based-care expertise, accelerating innovation and enhancing affected person care by way of healthcare AI expertise,” Jay Ackerman, CEO and president at Reveleer, stated in an announcement.
“With this infusion of capital, we will swiftly seize market alternatives and additional our mission. We’re excited to have Hercules Capital, Inc. as a brand new monetary accomplice.”
THE LARGER TREND
Final 12 months, Reveleer, previously Well being Information Imaginative and prescient, acquired the chance adjustment platform MDPortals. Reveleer mixed its choices withMDPortals’ platform, which aggregates affected person information from numerous sources throughout the continuum of care into one longitudinal well being document.
The corporate bought Dynamic Healthcare Methods a 12 months earlier than, providing an built-in workflow platform for member administration, income optimization and danger administration. Dynamic labored with well being plans collaborating in Medicare standalone plans, Medicare Benefit, and Medicaid and Change applications.
In 2021, Reveleer secured $65 million in a funding spherical led by Oak HC/FT with participation from earlier buyers, together with Upfront Ventures and Boston Millennia Companions.
