Complex care startup Memora Health scores $30M

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Memora Wellbeing, a complicated treatment administration platform, secured a $30 million strategic investment led by Normal Catalyst with participation from Northwell Health’s undertaking arm Northwell Holdings, PagsGroup, NorthShore – Edward-Elmhurst Overall health and many others. 

Additionally, current investors Transformation Funds, Andreessen Horowitz and Frist Cressey Ventures provided comply with-on investments.

WHAT THEY DO

Memora Heath is an AI-enabled platform that can help vendors take care of elaborate care requires, which includes automated reminders, messaging, scheduling and metrics. 

The money will be utilised to scale the firm’s platform with new healthcare units.  

“Memora Wellbeing is essentially transforming treatment shipping in our view,” Chris Bischoff, controlling director of Standard Catalyst, reported in a assertion. “Their intelligent treatment enablement system has identified what we see as a exclusive equilibrium of empowering treatment groups to give each affected individual a substantial-touch care practical experience whilst also retaining sufferers with sophisticated treatment journeys engaged and proactive in their care. All of these are significant components of our Wellbeing Assurance thesis and we appear ahead to our collaboration with Memora as they reimagine the treatment journey for people together with a developing amount of top health methods.”

Current market SNAPSHOT

In 2022, Memora Overall health scored $40 million in funding

Mayo Clinic also declared a investigate method exactly where the well being process would function with Memora Health and fitness to discover ways to lengthen care to postpartum clients at property. 

The firm set up quite a few partnerships inside of the earlier 12 months, such as with perinatal and prenatal overall health AI enterprise PeriGen, South Jersey wellbeing method Virtua Health and fitness, most cancers treatment and research institute Moffitt Most cancers Middle, multi-specialty clinical team UP Professional medical and patient engagement platform Luma Wellness.  

Zenobia Brown will present far more detail in the HIMSS23 session “Views from the Major: Can Technological know-how and Innovation Advance Behavioral Health care?” It is scheduled for Tuesday, April 18, at 10:30 a.m. – 11:30 a.m. CT at the South Building, Stage 1, home S100 B.

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