First Analysis Invests in Dina, Provider of Home-Centered Care Coordination Solutions

Digital Network Management and Coordination Solutions to Help Health Plans and Providers Improve Access to Home Centric Care First Analysis, a leading venture capital investor, has made a new investment in Dina, a provider of digital network management and coordination solutions for the Medicare Advantage and Managed Medicaid markets, with a focus on coordinating supplemental benefits and long-term services and supports (LTSS). First Analysis led the $7 million Series B round, with participation from existing investors Osage Venture Partners and First Trust Capital Partners, LLC. In December, SCAN Group, a mission-driven organization whose holdings include SCAN Health Plan, one of the nation’s largest not-for-profit Medicare Advantage Plans, made a strategic investment in Dina. SCAN is also a Dina customer. Dina automates the benefits workflows for maximum efficiency and makes it easy to coordinate medical and non-medical home-centered benefits and services. The investment will support Dina’s go-to-market strategy as well as the continued execution of the product roadmap. “We continue to see the home as an increasing nexus of care, along with the growing importance of supplemental benefits and services to health plan members,” said First Analysis Managing Director, Andrew Walsh. The consistent coordination and delivery of these newer, non-medical services has been a growing challenge for health plans, and Dina’s platform provides a novel way to unlock the true value...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Andrew Walsh Ashish V. Shah Corey Greendale dina First Analysis First Trust Capital Partners Health IT Funding Health IT Fundings Health IT Investment Osage Venture Partners SCAN Group Source Type: blogs