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StartUPDATES: New developments for healthcare startups

StartUPDATES: New developments for healthcare startups
medcitynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medcitynews.com Daily Mail and Mail on Sunday newspapers.

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Private equity firm doubles down on value-based care

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Private equity firm, Welsh, Carson, Anderson & Stowe, launched a platform Tuesday that funnels money into healthcare providers and payers using value-based care payment models.
The firm has invested an initial $300 million in the portfolio company named Valtruis.
We believe Valtruis is well positioned to leverage WCAS s longstanding relationships and history of building market-leading healthcare businesses. to accelerate the adoption of value-based care, said David Caluori, general partner at WCAS, in a statement.
The firm did not say if they had initial investment targets.
Companies thinking differently about areas of healthcare . so those working with really complex conditions like oncology, nephrology, substance use disorder, cardiac care where patients have multiple co-morbidities and benefit from direct engagement with their care team and using data analytics to engage the care earlier and more effectively, said Tracy Bahl, managing partner at ....

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WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis

WCAS Launches $300M Value-Based Care Portfolio Company, Valtruis
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Clearcover Appoints Elan Mosbacher Chief Business Officer

Clearcover Appoints Elan Mosbacher Chief Business Officer
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Gradient AI Secures $20 Million in Series B Financing

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This infusion of additional capital allows Gradient to expand its product offerings, accelerate its customer acquisition plans, and expand its Board of Directors with the addition of Kyle Beatty, Managing Director at American Family Ventures. Kyle brings deep domain and investing expertise in insurtech, data analytics, and enterprise software platforms, including prior leadership and product positions at Verisk Analytics, Willis Towers Watson, and Risk Management Solutions.
Gradient’s artificial intelligence solutions help commercial insurers automate and improve underwriting results, reduce claim costs, and improve operational efficiencies. The Gradient software-as-a-service (SaaS) platform boasts a proprietary dataset comprised of tens of millions of claims, which is complemented with several economic, health, and litigation datasets. This robust aggregation of data provides out-of-the-box ....

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