Big Data just got bigger as HealthVerity set to grow real-world data platform
| CONTEXT: Commercial announcement by HealthVerity as they close their series D funding round adding $100million to directly fund the expansion of its data management platform. The HaelthVerity IPGE platform is name after it’s Identity, Privacy, Government and Exchange capabilities, offering centralised place for a wide range of health information. READ TIME: 1 min  1. ““After witnessing its growth over the past few years, I believe HealthVerity is uniquely positioned to provide solutions for many of the challenges around identity, privacy and governance that will help life sciences, payers and government agencies power secure and private data exchange across an array of patient-centric use cases,” said Henry Ellenbogen, Durable Capital Partners’ chief investment officer and managing partner.” 2. “With the close of its series D funding round, HealthVerity has raised $100 million to funnel directly toward the expansion of its data management platform.” 3. “RELATED: Aetion doubles lifetime funding with $110M series C for real-world data platform. The latest proceeds will go toward both expanding its existing database—via new partnerships with health systems, payers, lab test providers, medtech developers and more—and supporting HealthVerity’s commercialization of the platform.” 4. “Insurers, meanwhile, tap HealthVerity’s platform to manage their own claims data, while also linking out to external data sources to build more accurate drug pricing and risk management models.” 5. “The study used HealthVerity and Aetion’s data platforms to collect and analyze patient data from labs, payers and electronic health records to study the level of protection offered by coronavirus antibodies.” Source URL: https://www.fiercebiotech.com/medtech/healthverity-locks-down-100m-series-d-to-grow-real-world-data-management-platform |