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Provider-led data company Truveta raises $95M, adds 3 new health system members


Provider-led data company Truveta raises $95M, adds 3 new health system members
Provider-led data company Truveta raises $95M, adds 3 new health system members
Launched by 14 health systems in February, the data analytics company building a repository of de-identified data will use the funds to develop its platform that aims to support clinical decision making and drug development.
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Truveta, a health system-led data company, has raised $95 million in a Series A funding round and added three health system members.
Dallas-based Baylor Scott & White Health, Columbia, Maryland-based MedStar Health and Arlington-based Texas Health Resources have now joined the 14 health systems that launched the company in February. Truveta’s 17 member health systems participated in the funding round. ....

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Mercy, Anthem ink agreement to enhance care, drive down costs


MedCity News
Mercy, Anthem ink agreement to enhance care, drive down costs
The Missouri-based health system and payer have entered into a new cooperative care agreement that aims to reduce costs while improving both outcomes and patient experience. The agreement includes a closer alignment between clinical care and reimbursement as well as increased data flow between Mercy and Anthem.
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With healthcare costs ballooning and slated to reach the staggering figure of $6 trillion by 2027, providers and payers are joining forces to rein in spending.
The latest provider-payer duo to enter into a collaboration are St. Louis-based Mercy and Anthem Blue Cross and Blue Shield in Missouri. On Tuesday they announced a cooperative care agreement with the aim of improving health outcomes and lowering costs. ....

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