4 years ago

Truveta Raises $95 Million to Help Hospitals Monetize Patient Data

  • Truveta, a startup that aims to enable hospitals to monetize patient data, has raised $95 million in Series A funding

  • The company was founded by former Microsoft executive Terry Myerson and is backed by 17 hospitals, including three new members announced this week: Baylor Scott & White Health, MedStar Health, and Texas Health Resources

  • Truveta's goal is to help hospitals extract useful insights from patient data to improve medical treatments and develop new ones

  • The company faces competition from other digital health startups and established players like Epic Systems and Cerner, which are also working on projects using de-identified data and artificial intelligence.

      • ProblemHealthcare

      "Hospitals struggle to extract useful insights from their vast amounts of patient data, hindering their ability to improve treatments and develop new ones."

      Solution

      "Truveta offers a platform that allows hospitals to securely pool and analyze de-identified patient data, enabling them to gain insights, improve treatments, and develop new therapies."

      Covered on