Participated · Equity · Sep 2024

Zing Health offers managed-care Medicare Advantage plans that include supplemental benefits and access to a broad network of provider partners. Each member receives personalized care tailored to health conditions and social needs, enabled by product design, technology, and value-based care delivery. The company emphasizes integrated plans focused on chronic special needs. Zing Health intends to use the new proceeds to expand those integrated, chronic special needs focused plans to more beneficiaries and to further integrate its member experience with high-quality care providers. The business is led by CEO Andrew Clifton and was co-founded in 2019 by Dr. Eric Whitaker and Garfield Collins alongside Health 2047. The company is based in Chicago, Illinois.

Led · Series C · Feb 2024

b.well Connected Health operates a scalable, FHIR-based platform that enables healthcare organizations to place consumers at the center of digital interactions and unify health data across providers, payers, labs, and devices. The company has integrations with Samsung to give Galaxy users control over longitudinal health records and personalized insights, and it recently introduced an IAL2-certified federated identity solution with CLEAR. b.well counts partners and customers including Walgreens, Northwell Health, Lee Health, and ThedaCare, and reports over 50,000 consumer-generated data connections. The company says its technology helps surface services within growing digital healthcare ecosystems and makes consumer healthcare experiences more transparent and shoppable. b.well is led by CEO and Founder Kristen Valdes and is positioning to scale personalized, easy-to-access healthcare experiences. The company announced the close of a $40 million Series C growth round to support that expansion. b.well Connected Health offers a digital transformation platform that aggregates health data from providers, insurers, labs, pharmacies, wearables, devices and apps so end users can access it on phone or PC. The platform delivers personalized, proactive health guidance and navigation to in-person or virtual care. It helps organizations manage population health initiatives including Medicare Advantage risk-based contracts, Direct Contracting, and Accountable Care Organizations. Led by founder and CEO Kristen Valdes, the company serves patients, health plan members and employees. b.well plans to use the Series B proceeds to increase market penetration and advance product innovations. The company is based in Baltimore, MD. b.well Connected Health offers a middleware platform that aggregates data, insights and partners into a single, customized consumer front end for healthcare. The platform connects existing programs to achieve interoperability and aggregation across the healthcare ecosystem. Led by founder and CEO Kristen Valdes, the company positions itself as an overdue integration layer for healthcare organizations and individuals. The product is intended to enable individuals to take control of their healthcare experience. In conjunction with its Series A, multiple strategic health-system and health‑industry partners joined the board. The company has raised over $27M to date. b.well offers a mobile and web platform that aggregates electronic medical records, wearable data and genomic information into a single family health record. The app identifies care gaps, enables connections with doctors, compares pharmacy prices, and provides rewards for hitting health goals through local partners. A social feature called Health Tribe lets users share selected data with family and friends. The service is offered to consumers at $10 per month, and b.well also sells to healthcare plans and providers; it is set to power Evergreen Health’s new app. Since April the team has grown to 13 employees and the company has taken in $2.5 million in outside investment. Founder and CEO Kristen Valdes, who has 16 years in healthcare including roles at XL Health and through its acquisition by UnitedHealthcare, runs the Betamore-based Baltimore startup.

Participated · Series E · Feb 2016

Health Catalyst provides a data warehouse and application development platform (Health Catalyst Data Operating System, DOS™) and professional services to help health systems and physician practices improve quality, efficiency and lower costs. Its DOS is powered by data from more than 100 million patients and over 1 trillion facts and supports applications and analytics for care delivery and patient engagement. The company offers applications such as Touchstone™ (benchmarking and prioritization powered by AI) and the Patient Safety Monitor™ Suite (predictive and text analytics with clinician review). Health Catalyst also acquired Medicity, a population health management company, adding more than 50 clients across HIEs, employers, plans, systems and providers. Headquartered in Silicon Slopes, Utah and led by CEO Dan Burton, the company bundles technology and services to support healthcare transformation. It intends to use new financing to continue expanding its technology and services offerings. Health Catalyst provides data warehousing, analytics and outcomes-improvement solutions to healthcare organizations of all sizes. Led by CEO Dan Burton and based in Salt Lake City, Utah, the company supports clinical, financial, and operational reporting and analysis needed for population health and accountable care. Following adoption of value-based reimbursement models, Health Catalyst is evolving from an offline data aggregator and analysis company to a real-time data production and decision-support company. It integrates knowledge derived from its data content and analytics into clients' decision workflows and their patients, accessible anywhere and on any device. The company intends to use the funds to expand its outcomes-improvement solutions and expects to release new solutions for activity-based costing, care management, and real-time clinical decision support this year. It recently closed a $70M Series E funding round. Health Catalyst is a Salt Lake City-based company that builds data warehousing and analytics software for healthcare organizations. Its platform is used to store and analyze clinical and operational data and the company plans to produce "content-driven clinical applications." Health Catalyst said it will invest $50 million in product development over the next 24 months to build those applications. The company reported bookings had increased fivefold year-over-year and expects to see positive cash flows during the calendar year. Customers named in the article include Crystal Run Healthcare, Kaiser Permanente, Memorial Hospital in Gulfport, and NorthBay Healthcare. Venture investors including Sequoia Capital, Norwest Venture Partners, Kaiser Permanente Ventures, Sorenson Capital, CHV Capital and Partners Healthcare participated in the recent financing. Health Catalyst provides a data warehousing platform and analytics suite built specifically for the healthcare industry to organize, visualize and utilize data from electronic health records. Its software integrates with EHRs like Cerner and Epic to give providers realtime visibility, drill-down analytics, segmentation and alerts for cost discrepancies and declining quality of care. The platform enables clinicians to drill into patient histories to inform treatments and prescriptions and to set up alerts that surface quality and cost issues. The five-year-old company says its software has been adopted by over 80 hospitals across the U.S., collectively impacting more than 20 million patients. Financially, it recently increased its Series B by $8 million to bring the round to $41 million, with participation from Norwest Venture Partners, Sequoia Capital, Sorenson Capital, Kaiser Permanente Ventures and CHV Capital. Health Catalyst positions itself to benefit from mandated transitions to digital health records under Obamacare, arguing hospitals will need agile, cloud-ready data warehouses and analytics to realize value from EHRs. Health Catalyst offers an agile, healthcare-specific data warehousing platform designed to integrate and analyze complex operational, financial, clinical and research data stored in EHRs. Its Adaptive Data Warehousing platform and more than 40 integrated products are deployed at 81 hospitals caring for over 20 million patients, including Allina Health, Indiana University Health, MultiCare Health System, North Memorial, Providence Health & Services, Stanford Hospital and Clinics, and Texas Children’s Hospital. The company has more than doubled in size in each of the past three years and expanded its product line from eight stand‑alone solutions to a platform of 40+ products. A majority of existing clients have dramatically expanded their relationships after rapid return on investment. Health Catalyst says its platform helps hospitals measure quality outcomes, meet regulatory and financial incentive reporting requirements, standardize best practices, and eliminate waste, driving millions of dollars in cost savings through reductions in length of stay, readmissions, unnecessary procedures and patient injury. Management plans to use the new funding to continue investing in technology, services, and people to support clients’ progression toward being data‑driven organizations.