Avalon Healthcare Solutions Raises Third Funding Round

Avalon Healthcare Solutions, a Tampa, Fla.-based provider of a technology-enabled laboratory benefit management platform, raised a third round of funding.

Backers included Mosaic Health Solutions (Mosaic), BlueCross BlueShield of South Carolina, and Francisco Partners.

The company intends to use the new capital to enhance its comprehensive laboratory benefits management solution and clinical capabilities, as well as to strengthen growth opportunities.

Led by Bill Kerr, CEO, Avalon is a clinical and information technology company that enables physicians, consumers, and payers to manage the use of thousands of diagnostic laboratory tests. Avalon uses evidence-based medical science to develop and deploy clinical policies and proprietary software and to manage a national network of providers in the dynamic, complex lab environment.

FinSMEs

09/01/2017

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