Advanced care startup Memora Well being scores $30M

Memora Health, a fancy care administration platform, secured a $30 million strategic funding led by Basic Catalyst with participation from Northwell Well being’s enterprise arm Northwell Holdings, PagsGroup, NorthShore – Edward-Elmhurst Well being and others. 

Moreover, current buyers Transformation Capital, Andreessen Horowitz and Frist Cressey Ventures supplied follow-on investments.

WHAT THEY DO

Memora Heath is an AI-enabled platform that helps suppliers handle advanced care wants, together with automated reminders, messaging, scheduling and metrics. 

The funds shall be used to scale the corporate’s platform with new healthcare methods.  

“Memora Well being is basically remodeling care supply in our view,” Chris Bischoff, managing director of General Catalyst, stated in a press release. “Their clever care enablement platform has discovered what we see as a novel stability of empowering care groups to provide each affected person a high-touch care expertise whereas additionally conserving sufferers with advanced care journeys engaged and proactive of their care. All of those are important elements of our Well being Assurance thesis and we look ahead to our collaboration with Memora as they reimagine the care journey for sufferers alongside a rising variety of main well being methods.”

MARKET SNAPSHOT

In 2022, Memora Well being scored $40 million in funding. 

Mayo Clinic also announced a research program the place the well being system would work with Memora Well being to discover methods to increase care to postpartum sufferers at residence. 

The corporate established quite a few partnerships throughout the previous yr, together with with perinatal and prenatal well being AI firm PeriGen, South Jersey well being system Virtua Health, most cancers care and analysis institute Moffitt Cancer Center, multi-specialty medical group UP Medical and affected person engagement platform Luma Health.  

Zenobia Brown will provide extra element within the HIMSS23 session “Views from the Prime: Can Expertise and Innovation Advance Behavioral Healthcare?” It’s scheduled for Tuesday, April 18, at 10:30 a.m. – 11:30 a.m. CT on the South Constructing, Stage 1, room S100 B.