Avaneer Health Announces $50 Million In Seed Funding From Healthcare Industry Leaders

Jan 13, 2022•over 3 years ago

Amount Raised

$50 Million

Round Type

seed

Chicago

Description

Avaneer Health, a fully interoperable, participant-based network developed for and by the healthcare industry, today announced several industry-leading organizations have committed a total of $50 million in seed funding to the venture. Within the U.S. healthcare system, persistent challenges continue to exist in achieving real, fluid data interoperability, which can result in inefficiencies.

Company Information

Company

Avaneer Health

Location

Chicago, Illinois, United States

About

Avaneer Health is a participant-based, inclusive and secure network designed for and by healthcare to drive efficiencies and optimize care for people across their lifetimes. Built on blockchain and FHIR technology, the Avaneer Health network provides access to the data needed for transparency and interoperability in healthcare. In addition to a robust marketplace designed for innovation, Avaneer Health offers solutions for payer-to-payer data exchange, eligibility, prior authorization, and more. Avaneer Health was founded in 2020 by a consortium of industry leaders, including Aetna, a CVS Health company, Anthem, Cleveland Clinic, Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), IBM, The PNC Financial Services Group, Inc., and Sentara Healthcare. With continuing support from the biggest players in healthcare, Avaneer Health will play a key role in transforming how the industry operates to address consumers' needs more efficiently and effectively. For more information visit www.AvaneerHealth.com follow Avaneer Health on Twitter @AvaneerHealth. SOURCE Avaneer Health

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