Precedent Health is a privately held health care services company focused on supporting physicians, hospitals and payers, with a primary operating segment that specializes in intraoperative neurophysiological monitoring (IONM) and patient registries. Its IONM services partner with surgeons and hospitals to provide monitoring during complex surgeries involving neural structures, intended to warn surgeons of issues before permanent neurological injury. The company says IONM can reduce length of stay, speed recovery, and reduce potential corrective procedures. Precedent Spine, the operating segment focused on IONM and registries, supports neurosurgeons and orthopedic spine surgeons in seven U.S. markets. Precedent Health plans to expand Precedent Spine’s service offering both procedurally and geographically. The company recently consolidated operating activities under one leadership team with a new President and CEO to support that growth. Precedent Health focuses on aligning physicians, hospitals and payers by building innovative provider networks and care-management solutions. Its services include development and management of comprehensive provider networks positioned for healthcare reform, such as accountable care organizations, health exchanges and single-specialty physician networks. The founding team brings experience in medical management, managed care, medical devices and independent physician associations. The company plans to launch pilot programs and will announce new partnerships and collaborations in key U.S. locations. Funding for the company’s formal launch was provided by Heritage Group, LLC; TEXO Ventures, LLC; and members of the founding executive team. The company is headquartered in Nashville, Tennessee, with a satellite office in Austin, Texas.

Total raised

$2M

Funding rounds

2

Latest round

Series B

Latest activity

Sep 2016