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Guidehealth raised $14M in a seed round led by Memorial Hermann Health System to enhance technology for scaling value-based care.

Aug 08, 2024over 1 year ago

Amount Raised

$14 Million

Round Type

seed

DallasMedicalHealth Care

Investors

Industry LeadersHealthcare InvestorsSidd PagadipatiMemorial Hermann Health System

Description

Guidehealth announced a $14 million seed funding round which will be utilized to invest in technology and improve its managed services organization. The funding was led by Memorial Hermann Health System along with contributions from healthcare investors and the company's founders.

Company Information

Company

Guidehealth

Location

Dallas, Texas, United States

About

Guidehealth is a company that utilizes advanced technology to enhance value-based care beyond inpatient settings. It offers support in care coordination, prior authorizations, and referrals using artificial intelligence to meet patient needs more effectively. Founded last year, the company is quickly expanding its reach and aims to double its revenue within the year. Guidehealth also partners with health systems to address care access for underinsured patients.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech