NextHealth Technologies Inc., a Denver, CO – based AI-powered healthcare analytics platform, completed a $17m Series B funding round.
The round was led by TT Capital Partners, with participation from Blue Cross of Idaho and existing investors including Norwest Venture Partners.
The company intends to use the funds to accelerate market expansion and deliver innovative new product enhancements, leveraging new sources and uses of data to further personalize and support the interaction between healthcare entities and consumers while continuing to drive down healthcare costs and improve health outcomes.
Led by Eric Grossman, CEO, NextHealth Technologies is a cloud-based, AI-powered analytics platform that utilizes rigorous methodologies and standardized processes to enable health plan customers to identify the most impactable populations, measure which clinical initiatives work best for whom, and integrate data-driven decisions into workflow in near real time to derive the highest ROI from their analytics investments.
The platform, HITRUST-certified, is deployed with expert services to ensure client adoption and success.