Guide Healthan AI-powered value-based care provider for health systems, announced it has closed a $14 million seed round of funding.
Participation in the round included Memorial Hermann Health System, healthcare entrepreneur Sid Pagadipati, and other healthcare leaders and investors.
What it does
Guidehealth offers providers a value-based care platform with AI insights into which patients need specific care before preventable health issues arise.
The platform also offers virtual health guides for patients and providers, as well as tools focused on community connection, engagement and workflow.
“Memorial Hermann is a clinical leader with an international reputation as a brand that delivers excellent patient-centered, community-based care. We are honored to receive this financial support and the strategic expertise their leaders bring to the table is invaluable,” Dr. Sanjay Doddamani, founder and CEO of Guide Health, said in a statement.
“We continue to enhance the datasets and clinical services that underpin our award-winning, value-based managed services platform as we transform care delivery for health systems and affiliated physician networks.”
Market Snapshot
Acquires Guide Health Healthcare data analytics company Arcadia’s value-based care services division and managed services organization launched in December.
The company also signed an agreement to leverage Arcadia’s data analytics platform to power the acquired services.
The company partnered with a California-based virtual specialty care provider in July. Story Health develops cardiology programs for hospital systems and clinically integrated networks based on a value-based care model.
The program will focus on providing care to at-risk individuals and helping caregivers help patients stay on track with their care plans.
Other digital health companies focused on delivering value-based care include: Aledade, which secured $260 million in funding last year, and Pearl Health, which provides a technology platform for primary care practices in value-based care settings.
Pearl too It announced a partnership with Walgreens in 2023 and raised $75 million in Series B funding.
Earlier this year, Lumeris, a value-based care strategy, technology and operations company, has secured $100 million in an equity capital increase.
