1upHealth Raises $40M for FHR Data Platform
What You Should Know:
- 1upHealth, a modern data platform that’s cloud-based, API-enabled, and FHIR-native today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures.
- Founded in 2017, 1upHealth’s FHIR®-native platform designed for interoperability and modern computing is used by over 75 enterprise organizations including leading national and regional health plans, the highest performing CMS ACOs, international clinical research organizations, and over 20 state Medicaid agencies. By leveraging the industry’s FHIR standard, modern and open cloud architecture, and restful APIs, 1upHealth helps customers acquire, store, and interact with the data needed to power their business operations and analytics.
Expansion Plans
1upHeath plans to use the latest round of funding to accelerate efforts in building the 1upHeath Data Cloud across three key areas:
- Invest in product development and engineering in preparedness for proposed and future CMS regulations
- Enhance 1upHealth data cloud infrastructure for serverless scalability and open access
- Grow Customer and Services teams to support market expansion across payers, providers, pharma, digital health and more
What You Should Know:
- 1upHealth, a modern data platform that’s cloud-based, API-enabled, and FHIR-native today announced the close of a $40M Series C investment led by Sixth Street Growth with participation from existing investors F-Prime Capital, Jackson Square Ventures, and Eniac Ventures.
- Founded in 2017, 1upHealth’s FHIR®-native platform designed for interoperability and modern computing is used by over 75 enterprise organizations including leading national and regional health plans, the highest performing CMS ACOs, international clinical research organizations, and over 20 state Medicaid agencies. By leveraging the industry’s FHIR standard, modern and open cloud architecture, and restful APIs, 1upHealth helps customers acquire, store, and interact with the data needed to power their business operations and analytics.
Expansion Plans
1upHeath plans to use the latest round of funding to accelerate efforts in building the 1upHeath Data Cloud across three key areas:
- Invest in product development and engineering in preparedness for proposed and future CMS regulations
- Enhance 1upHealth data cloud infrastructure for serverless scalability and open access
- Grow Customer and Services teams to support market expansion across payers, providers, pharma, digital health and more
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2023-04-12 20:32
Except for the headline, this story has not been edited by Healthcare Central is published from a syndicated feed.
