Firefly Health raises $40 million in a Series B round of funding led by Andreessen Horowitz. The company has developed a virtual-first model for primary care enhanced by partnerships with urgent, home, and specialty care providers.
Its internal billing technology has helped to ensure that providers get paid quickly, which has no doubt helped it attract partners in the four states it currently serves. It will expand its services to another five by the end of the year.
Led by Executive Chairman Jonathan Bush and CEO Fay Rotenberg, Firefly Health will use the new financing to expand its services beyond payers to employers.
April 21 (Wednesday) 1 ET. “Is Gig Work For You?” Sponsor: HIStalk. Presenter: Frank L. Poggio, retired health IT executive and active job search workshop presenter. This workshop will cover both the advantages and disadvantages of being a gig worker. Attendees will learn how to how to decide if gig work is a good personal fit, find the right company, and protect themselves from unethical ones.
Acquisitions, Funding, Business, and Stock
Senior-focused primary care company Agilon Health hopes to raise nearly $1 billion in its forthcoming IPO. The California-based company operates in 11 regions.
Practice management company Privia Health files paperwork with the SEC for an IPO. The company has raised over $400 million since launching in 2007.
EBlu Solutions raises $11.4 million in a Series A funding round. The company has developed prior authorization verification software for practices that offer in-office infusion and injection treatments.
Ellen Donahue-Dalton (Medecision) joins VillageMD as its first chief marketing officer.
Announcements and Implementations
Cardinal Health’s Specialty Solutions business develops a software suite for community-based oncology practices that includes analytics; cloud-based EHR, practice management, RCM, telemedicine, and patient portal solutions; Jvion’s Core clinical decision tool; and clinical trials matching capabilities.
WebMD announces GA of PracticePro software that includes patient engagement and intake, and practice marketing and CRM capabilities.
Welkin Health launches a care management platform physicians can customize to meet their virtual, in-person, or hybrid care model needs.
Tucson Gastroenterology (AZ) and Midland Cardiac Clinic (TX) select RCM software and services from Greenway Health.
Zoom fatigue is real, y’all: Just over half of 1,800 surveyed drivers say they have trouble concentrating behind the wheel after video chatting. Perhaps physicians should start recommending that patients complete a set or two of jumping jacks after every video call.
More news: HIStalk.