Innovaccer Inc., a leading healthcare technology company, has closed a new round of growth funding at a $1.3 billion post-money valuation, led by Tiger Global Management. Existing investors Steadview Capital, Dragoneer, B Capital Group, Mubadala Capital, and M12 (Microsoft s Venture Fund) participated in the round, as well as new investor OMERS Growth Equity. This is the company’s first financing announcement since its Series C round, bringing the total capital raised to over $225 million. It was valued at $350 million during its Series C round of $70 million in February last year. The firm didn’t mention the amount, but according to the sources, it has raised about $105 million in this funding round. With its additional funding, San Francisco-based Innovaccer which has offices in India is launching the Innovaccer Health Cloud. The platform-as-a-service offering combines the company’s data activation platform and application suite with an extensive set of platform services
Innovaccer Expands Executive Leadership Team to Support Rapid Growth
New leaders bring decades of experience from multiple sectors to drive market expansion and help healthcare organizations care as one.
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SAN FRANCISCO, Feb. 17, 2021 /PRNewswire/ Innovaccer, Inc., a leading healthcare technology company, recently announced the expansion of its leadership team with two new executives, adding decades of experience and additional leadership capacity to support the company s rapid growth and diversification. Innovaccer s newest executives include Andy Burtis, Chief Marketing Officer, and Dan Guggenheim, Chief Legal Officer.
As Innovaccer s Chief Marketing Officer,
Andy Burtis will lead the evolution of Innovaccer s brand strategy, while also driving the company s product marketing, content marketing, and demand generation activities. Andy has more than 20 years of experience in B2B marketing, including CMO roles at C3.ai an
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SAN FRANCISCO, Feb. 11, 2021 /PRNewswire/ Innovaccer Inc., a leading healthcare technology company, recently announced that its Data Activation Platform, analytics and dashboard solution, InGraph, and AI-assisted care management solution, InCare (v2.19.2), earned Population Health Management (PHM) Prevalidation status by the National Committee for Quality Assurance (NCQA). Innovaccer is also a recognized NCQA vendor and has earned Patient-centered Medical Home (PCMH) Prevalidation for its InGraph (v1.0 and above) and InCare (v1.0 and above) solutions.
Payers and healthcare organizations leveraging Innovaccer s solutions will do so with Health Plan Accreditation (HPA), Population Health Program Accreditation (PHP), Managed Behavioral Healthcare Organization Accreditation (MBHO), and Case Management Accreditation (CM) elements that are prevalidated by NCQA.
John Pigott, Former VP of Allscripts Payer and Life Sciences Division, Joins Innovaccer
John has worked with renowned healthcare software companies such as Cerner, IBM, Trizetto, and Allscripts and brings four decades of experience to drive Innovaccer s payer sales initiatives.
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SAN FRANCISCO, Feb. 9, 2021 /PRNewswire/ Innovaccer Inc., a leading healthcare technology company, has welcomed John Pigott JP to the payer and life sciences sales team as its Managing Director. Innovaccer has a comprehensive suite of solutions for payers across Medicare, Medicaid, and commercial lines of business. JP will enable the company to identify and engage payer prospects and ensure their needs for the provider and member engagement, cost and utilization management, and compliance are fulfilled.
Executive Hires: Walgreens Appoints New CEO, Cityblock Health, Innovaccer, Others
Walgreens appoints Rosalind (Roz) Brewer as the company’s Chief Executive Officer, effective on March 15, 2021. Brewer will also join the WBA Board of Directors upon assuming the role. She succeeds Stefano Pessina who, as previously announced, will transition to the role of Executive Chairman of the Board of WBA. Brewer, 58, will become the first Black woman to lead a Fortune 500 company.
Jeff McHugh, former senior Vice President of Sales at R1 RCM, has joined Innovaccer as Regional Vice President of Sales. In his new role, Jeff will focus on driving growth by identifying opportunities for healthcare organizations to leverage Innovaccer’s Data Activation Platform to improve care coordination, quality, and cost-effectiveness.