Health Data Cloud Leader 1upHealth Raises $40 Million Series C led by Sixth Street Growth

Company to invest in scaling its health data platform, providing payers, providers and digital health companies with an end-to-end solution for interoperability and open computing 1upHealth 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. 1upHealth will use this latest investment to expand product development and customer growth teams and accelerate efforts to lead the digital transformation of the healthcare industry in the cloud. 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. “Over the past decade, industries ranging from manufacturing to retail have all undergone digital transformation and now it’s healthcare’s turn. Our customers are ready. They are more and more motivated by the power of what data and interoperability can do for their business,” said Joe Gagnon, CEO at 1upHealth. “With the support of one of the top growth equity firms in Sixth Stre...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Interoperability 1upHealth 1upHeath Data Cloud API CMS ACO Digital Transformation Eniac Ventures F-Prime Capital FHIR Health IT Funding Health IT Fundings Health IT Investment Jackson Square Vent Source Type: blogs