The Daily Startup: Aledade Raises $30M for Medical-Practice Software

PUBLISHED September 10, 2015
by Chelsea Ng

With the passage of federal health-care laws, medical practices have started using software to better track the health outcomes of their patients–a metric by which they are reimbursed by insurance companies rather than the volume of patients trearted. The startup Aledade has picked up $30 million in additional funding for software to better track patients’ health, Timothy Hay reports for Dow Jones VentureWire. Other companies, such asEvolent Health, have focused on large medical practices and hospitals. Aledade’s focus is on smaller medical practices. Investors in company’s Series B round are new investor Arch Venture Partners and returning investor Venrock.