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The Future of Medicine: 10 Revolutionaries You’re Not Supposed to Know



Here is a rewritten version of the content with a more provocative and controversial tone:

“In the post-COVID world, VCs are under pressure to deliver results, and that’s why they’re not just excited about investing in digital health, they’re desperate for a game-changer. The deal activity in healthcare IT has been lackluster, with a whopping 74 total deals in Q1 2024, valued at around $1 billion – a mere 3% increase from the year-ago quarter. The VCs we spoke with are under no illusions that this is the golden age of digital health investing, and they’re willing to take bold risks to stay ahead of the curve.

“From the ashes of the mediocrity that has plagued the healthcare industry for too long, a new crop of innovative startups has emerged, determined to disrupt the status quo and make a killing. Here are the top 10 healthcare startups that are shaking things up, and VCs are eating up every byte of it.

“Abridge: The AI-powered medical record keeper that’s got everyone talking – including the competition. Founded by a cardiologist, Abridge uses AI to automate medical records, and with a Series C raise of $150 million at a valuation of $850 million, this startup is the real deal.

“CodaMetrix: The company that’s making medical coding a breeze. Founded in 2019, CodaMetrix uses AI to translate medical notes into diagnostic codes, and with a Series B raise of $40 million, this startup is a force to be reckoned with.

“Cohere Health: The startup that’s revolutionizing the health insurance approval process. Founded in 2018, Cohere Health uses AI to speed up the prior authorization process, and with a Series B raise of $50 million, this startup is a top contender.

“Grow Therapy: The online therapy platform that’s changing the game. Founded in 2020, Grow Therapy connects therapists with patients and insurers, and with a Series C raise of $88 million at a valuation of $1.4 billion, this startup is the talk of the town.

“Equip: The telemedicine platform that’s got everyone covered. Founded in 2018, Equip provides online treatment for kids, teens, and adults, and with a valuation of $505 million, this startup is a hot ticket item.

“Maven: The women’s health platform that’s breaking barriers. Founded in 2014, Maven offers digital health services for women and families, and with a valuation of $1.35 billion, this startup is a market leader.

“Memora Health: The AI-powered care coordination platform that’s making waves. Founded in 2018, Memora Health uses AI to streamline medical workflows, and with a valuation of $430 million, this startup is a top pick.

“SmarterDx: The lab results analysis platform that’s getting noticed. Founded in 2020, SmarterDx uses AI to analyze lab results and catch errors, and with a Series B raise of $50 million, this startup is a dark horse.

“Summer Health: The pediatrician-approved messaging platform that’s got parents buzzing. Founded in 2020, Summer Health connects parents with pediatricians via text message, and with a Series A raise of $12 million, this startup is the next big thing.

“Transcarent: The healthcare benefits platform that’s disrupting the status quo. Founded in 2018, Transcarent helps large companies save money on employee health benefits, and with a valuation of $2.2 billion, this startup is the gold standard.

“These startups are shaking the very foundations of the healthcare industry, and VCs are willing to take bold risks to stay ahead of the curve. With funding valuations reaching astronomical heights, the future of healthcare has never been more exciting – or uncertain. Stay tuned for the next big disruptor!”



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Author: Kayitsi.com

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