Former Iora Health officers raise $13M to direct seniors through Medicare enrollment

Former Iora Health officers raise $13M to direct seniors through Medicare enrollment

The company is leading senior citizens through the Medicare labyrinth, assisting trim over 3,000 available plans into a handful of finest choices based on their care requirements. With 55 million Medicare consumers benefiting from significant development in Medicare Advantage and value-based care, Samir Kaul, founding basic partner at Khosla Ventures, saw a large market that was being interfered with by Connie Health.”The Medicare Advantage area is abundant and will continue to grow,” Kaul added. Medicare Benefit is the private market part of the insurance program. Over the next year, Eran anticipates to move into Illinois, where he is seeing huge demographic changes as a lot of individuals are moving into Medicare and other states.

Better Health raises $3.5 M seed round to transform medical supply shopping through e-commerce

Better Health raises $3.5 M seed round to transform medical supply shopping through e-commerce

The home medical supply market in the U.S. is considerable and growing, however the way that Americans go about getting much-needed medical supplies, particularly for those with persistent conditions, relies on out-of-date and clumsy sales systems that frequently have really poor consumer experiences. New start-up Better Health intends to alter that, with an e-commerce approach […] Better Health estimates the total worth of the house medical materials market in the U.S., which covers all reimbursable gadgets and supplies needed for persistent conditions, including things like colostomy bags, catheters, movement help, insulin pumps and more, is around $60 billion each year. In the process of bringing it to market, I was exposed to the medical gadgets and materials industry. Unlike in the prescription drug market, where your choices basically amount to whether you select the brand name or the generic, and the outcome is pretty much the same regardless, in medical materials which option you pick can have a significantly different effect on your experience. Already, Better Health is a Medicare-licensed supplier in 48 states, and it has partnerships in place with commercial suppliers like Humana and Oscar Health.

Health tech startup Bold raises $7 million in seed financing for senior-focused physical fitness programs

Health tech startup Bold raises $7 million in seed financing for senior-focused physical fitness programs

Virtual health and wellness platforms have actually grown significantly popular throughout the pandemic, however a new startup wishes to focus that effort solely on elderly people. Strong, a digital health and health service, plans to prevent chronic health problems in older grownups through customized and totally free workout programs. Co-founded by Amanda Rees and her partner Hari […]
Co-founded by Amanda Rees and her partner Hari Arul, Vibrant chose up$7 million this week in seed financing led by Julie Yoo of Silicon Valley-based Andreessen Horowitz. Fewer injuries would mean less need for medical care, which would lead to money saved for health centers and health insurance companies alike. That’s why in addition to their seed financing, Vibrant has strategies to start rolling out collaborations with Medicare Advantage companies and risk-bearing providers, which will assist make their workout programs offered to users for totally free. …

VC’s biggest funds make big bets on vertical B2B markets

VC’s biggest funds make big bets on vertical B2B markets

Throughout the waning days of the very first dot-com boom, a few of the most significant names in venture capital invested in directory sites and marketplaces whose sole function was to consolidate information and foster transparency in markets that had stayed nontransparent for years. The thesis was that countless small companies were making specialized items consumed by bigger […]…