Cigna Ventures leads $29.5M investment in healthcare analytics company

MedCity News | January 13, 2020

Healthcare analytics company Arcadia raised $29.5 million in new funding. The growth capital round was led by Cigna Ventures, with participation from past investors. Burlington, Massachusetts-based Arcadia integrates with more than 40 different electronic health record companies. It aggregates and analyzes records data to help hospitals and accountable care organizations meet metrics for value-based care. The company also develops tools to identify gaps in patient care and find ways to improve on cost. Arcadia is accelerating the path to value-based care through its use of high-quality data, sophisticated analytics and workflow technology” Tom Richards, global lead of strategy and business development at Cigna Ventures, said in a news release. Cigna has a long history of partnering with innovative companies who, like us, are focused on making health care affordable, predictable and simple and improving health and well-being outcomes. Arcadia not only shares that vision, but with our investment and partnership, can bring even more resources and tools to health care professionals enhancing patient care and furthering the adoption of value-based care models.

Spotlight

Electronic medical record systems have transformed healthcare from paper-based to digital recording, improving efficiency, accessibility, and patient care.

Spotlight

Electronic medical record systems have transformed healthcare from paper-based to digital recording, improving efficiency, accessibility, and patient care.

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FUTURE OF HEALTHCARE, HEALTHCARE ANALYTICS

The Garage Enables Health Systems to Access Population Health Platform

The Garage In | March 14, 2023

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DIGITAL HEALTHCARE

Signifier Medical Technologies Announces Partnership with Sunrise, the company revolutionizing home sleep testing for sleep apnea diagnosis

Businesswire | May 11, 2023

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HEALTH TECHNOLOGY, MEDICAL DEVICES

QooQoo Retained by Perimeter Medical Imaging AI to Drive Adoption of Innovative Tissue Margin Visualization Technology

Businesswire | April 11, 2023

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