NASHVILLE, TN, April 19, 2018– Contessa Health Inc., a leader and pioneer of Home Recovery Care, a risk-based model that combines all the essential elements of inpatient hospital care in the comfort of patients’ homes, announced today that they have secured additional financing. The round was led by Health Velocity Capital, with participation from existing investors: BlueCross BlueShield Venture Partners, Noro-Moseley Partners, and Sandbox Advantage Fund.
JAN 2, 2018 - Health Velocity Capital is excited to announce that Grant Blevins has joined the firm as a Senior Associate and will be based in the firm’s Nashville office.
Grant joins the firm from FCA Venture Partners, one of Nashville’s most established healthcare venture capital firms. During his time at FCA (and the seed fund of FCA, Dioko Ventures), he co-sourced investments in HealthiPASS, MediQuire, Vericred, and RubiconMD and was involved with notable investments in Saferide Health, One Medical Passport, ShiftWizard, Healthy Bytes, and others. At FCA, Grant played a lead role in all deal sourcing and also led research efforts for the firm which helped to develop investment theses. Grant received his Bachelor of Business Administration in Entrepreneurship from Belmont University.
Infusion Express, Inc., a leading national operator of ambulatory infusion centers serving patients with complex chronic conditions, and a portfolio company of Health Velocity Capital (HVC) and McKesson Ventures, today announced the appointment of Douglas Ghertner as Chief Executive Officer (CEO). Ghertner brings over 20 years of healthcare experience to Infusion Express, including senior leadership positions at CVS Health, Change Healthcare and Emdeon. Most recently, Ghertner served as CEO of Change Healthcare, prior to its sale to Emdeon. Following the sale of Change Healthcare, Ghertner assumed the role of Executive Vice President and Chief Sales Officer, overseeing all sales and channel partner activity for the $1.5 billion healthcare technology and services provider.
Kansas City, MO, October 19 2017 Infusion Express, one of the fastest growing intravenous drug therapy providers in the country, today announced that it has raised $13.5 million of growth capital in order to expand its offering for chronically ill patients, insurance payers, and self-insured employers seeking the highest-quality intravenous drug therapy in the most consumer friendly setting at the lowest possible cost. The round was led by McKesson Ventures and Health Velocity Capital, and included Nueterra Capital of Leawood, Kansas.
CLEVELAND, Nov. 09, 2017 (GLOBE NEWSWIRE) -- OnShift, a leader in human capital management software for post-acute care and senior living, today announced it ranked 376 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 214 percent during this period.
JULY 31 - Health Velocity Capital today announced that Saurabh Bhansali has joined the firm as a Partner and will be based in the firm’s San Francisco office.
Saurabh joins the firm from Humana (NYSE: HUM), one the nation’s leading healthcare companies and the second largest Medicare Advantage insurer in the country, where he helped build and lead Humana Health Ventures. At Humana, Saurabh led an investment in Aspire Health, an important and leading provider of palliative and end-of-life care management, and was also actively involved with investments in Omada Health and Livongo Health, both first-movers in digital health management in pre-diabetes and Type II Diabetes respectively.
Teladoc (NYSE: TDOC) announced the closing of the previously announced offering of 8,250,000 shares of its common stock at a price to the public of $16.75 per share, as well as the exercise in full by the underwriters of their option to purchase an additional 1,237,500 shares of common stock from Teladoc. As a result, the total offering size was 9,487,500 shares of Teladoc’s common stock. Teladoc received net proceeds from the offering of approximately $124.1 million.
Cleveland, OH – November 16, 2016, — OnShift, a leader in human capital management software for post-acute care and senior living, today announced it ranked 326 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America.
Teledoc, Inc. (NYSE: TDOC), the nation’s leading provider of telehealth services, today announced that David Shedlarz, former vice chairman, executive vice president and chief financial officer of Pfizer, Inc., has been appointed to its board of directors. This appointment comes on the heels of last quarter's board addition, Helen Darling, with both appointments responding to the need to support the rapidly expanding foothold Teledoc has secured in the evolving telemedicine industry.
Austin, Texas (August 23, 2016) – ClearDATA, a healthcare exclusive, HITRUST CSF-certified managed cloud company, announced today that accomplished business executive Pat Cathey has joined the company as Chief Revenue Officer. Cathey is a veteran business leader with a proven track record of consistently exceeding business targets while building high-value relationships with customers and business partners.
Phoenix, Ariz. (July 20, 2016) – ClearDATA, a leading healthcare cloud platform and managed services company, has achieved AWS Healthcare Competency, a credential reserved for companies that pass a stringent healthcare competency audit. AWS introduced the AWS Partner Network (APN) Healthcare Competency in April 2015 to highlight partners with demonstrated success in building solutions for healthcare payers and providers that can securely store, process, transmit and analyze clinical information.
LEWISVILLE, Texas (June 30, 2016) – Teladoc, Inc. (NYSE: TDOC), the first and largest telehealth platform in the United States, today announced that it has signed a definitive agreement to acquire HealthiestYou, a leader in mobile patient engagement, based in Scottsdale, Arizona.
SAN FRANCISCO & NASHVILLE, June 28, 2016 – McKesson Corporation (NYSE:MCK), a leading global healthcare services and information technology company, and Change Healthcare Holdings, Inc., a leading provider of software and analytics, network solutions and technology-enabled services, today announced the creation of a new healthcare information technology company. The entity will combine substantially all of Change Healthcare’s business and the majority of McKesson Technology Solutions (MTS) into a new company with fiscal year end March 31, 2016 pro forma combined total annual revenues of $3.4 billion.
Past president and CEO of National Business Group on Health will serve on Teladoc, Inc.’s Quality of Care and Patient Safety Committee.
LEWISVILLE, Texas (June 27, 2016) – Teladoc, Inc. (NYSE: TDOC), the nation’s leading provider of telehealth services, today announced that Helen Darling, past president and CEO of the National Business Group on Health (NBGH) and current interim president and CEO of the National Quality Forum, has joined its board of directors. Darling will serve on the board’s Quality of Care and Patient Safety Committee.
Phoenix, Ariz. (May 17, 2016) – ClearDATA announced today it has been named a Cool Vendor in the Gartner “Cool Vendors in Healthcare Payers, 2016” report, published April 20, 2016.
ClearDATA is one of four companies recognized in the report by authors Jeff Cribbs, Robert H. Booz and Constance Sjoquist.
Investment Accelerates SaaS Company’s Growth in Long-Term Care and Senior Living
OnShift, a leader in human capital management software for post-acute care and senior living, today announced that it has closed $18 million in Series D financing. Health Velocity Capital led the round, which also includes participation from OnShift’s existing institutional investors Draper Triangle Ventures, Early Stage Partners, Fifth Third Capital, HLM Venture Partners, North Coast Venture Fund, and West Capital Advisors.
Dallas – Two leading dialysis providers today announced they have partnered and will work collaboratively to elevate the care received throughout the Dallas area. U.S. Renal Care will share ownership and partnership responsibilities at nine clinics previously managed by Liberty Administrative Services, and together, the clinics serve more than 500 patients in the Dallas area.
(Plano, TX)— U.S. Renal Care, Inc. announced today that it has secured regulatory approval and finalized its merger with DSI Renal. Upon closing, U.S Renal Care, the nation's third largest dialysis provider, operates 300 state-of-the-art outpatient clinics, 147 home dialysis programs and 26 acute care hospital contracts throughout the country, providing high-quality care to approximately 23,000 patients across 33 states and the Territory of Guam.
Attributes 312 Percent Revenue Growth to Innovative Software for Post-Acute Care and Senior Living Providers
OnShift today announced it ranked No. 240 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. OnShift grew 312 percent during this period.
Teladoc, which provides on-demand medical consultation via mobile, internet video or telephone, raised $157 million on Tuesday by offering 8.3 million shares (100% primary) at $19, well above the $15-$17 range.