Diameter Health Closes $18M Series B Funding

Diameter Health

Diameter Health, a Farmington, Conn.-based leader in health data interoperability, raised $18m in Series B funding.

The round, which brings total funding to $30m, was led by managed care organization Centene Corporation, with participation from existing investors Optum Ventures, LRVHealth, Connecticut Innovations and Activate Venture Partners.

The company plans to use the new funding to expand Fusion’s ingestion capabilities to accept all health messages, standards and data sources, to further enhance Fusion’s real-time enrichment and analytics with machine learning capabilities like natural language processing, to expand its large network of direct connections between Electronic Health Record (EHR) systems, Health Information Exchanges (HIEs) and other healthcare data sources to enable more widespread, seamless and secure data exchange.

Led by Eric Rosow, CEO and co-founder, Diameter Health provides FHIR-enabled integration engine, Fusion, which parses, normalizes and enriches over 225 million clinical documents on behalf of health information exchanges, the Veterans Administration, state governments, large health plans, health IT vendors as well as life insurance companies.

FinSMEs

17/12/2020

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