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HLTH23: VC firm General Catalyst launches new company, plans to buy a health system

Fierce Healthcare

LAS VEGAS—Venture capital firm General Catalyst unveiled a new company Sunday designed to provide advisory services to health systems while also eyeing a big acquisition by next year.

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General Catalyst's new health system company to acquire Summa Health

Fierce Healthcare

Venture capital firm General Catalyst is making good on its October promise to purchase a health system with about eight months left to spare. | The venture capital firm's deal would make the Ohio nonprofit a wholly owned subsidiary of the recently launched Health Assurance Transformation Corp.

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Transcarent banks $126M series D round as it puts focus on AI

Fierce Healthcare

Health tech company Transcarent pocketed $126 million in series D funding, led by General Catalyst and 7wireVentures, the company announced Thursday. Transcarent plans to use the fresh cash to build out its artificial intelligence capabilities, continue to support its commercial growth and back future strategic growth.

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'Dozens and dozens' of data analytics projects drive $100M+ in savings, revenue gains for UnityPoint Health

Fierce Healthcare

The nonprofit health system partnered with Health Catalyst on eight years of performance improvement initiatives targeting length of stay, care management, ED utilization and other costly focus areas.

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Health tech companies Commure, Athelas unveil merger plans to drive automation, LLM tech into health systems

Fierce Healthcare

Healthcare technology company Commure plans to merge with Athelas, a provider of healthcare workflow automation software, to grab a bigger piece of the health system market. The deal is backed by a $70 million investment from General Catalyst. The deal is backed by a $70 million investment from General Catalyst.

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Catalyst Solutions Appoints Aneesh Kumar as Chief Digital Innovation Officer

HIT Consultant

Chief Digital Innovation Officer at Catalyst Solutions What You Should Know: – Catalyst Solutions , a leader in healthcare business process outsourcing (BPO), technology, and consulting services, announces the appointment of Aneesh Kumar as Chief Digital Innovation Officer. Aneesh Kumar.

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Rev1 Ventures Launches $30M Fund to Support Research-Based Healthcare Innovation

HIT Consultant

Following the success of Rev1 Catalyst Fund II , Rev1 NCH Fund, and Rev1 Catalyst Fund, this fund will remain focused on core research-based themes, including gene and cell therapy, neuroscience, biofilms, ocular health, cardiovascular health, and other therapeutics technologies.