Lumeris capital raise of $71 million is cited in The Wall Street Journal’s blog (Venture Capital Dispatch) about investment interest in the industry.
Essence Group raises $71 million to enhance position in population health management market.
Lumeris’ population health management solutions are featured, as well as the resulting $71 million in private-equity funding that will support expanding those solutions into 12 additional markets.
The $71 million received by Lumeris in private equity is included in the more than $2.2 billion (as cited by Rock Health) invested in the broad category of digital health care as a result of health care reform.
Lumeris is featured as raising $71 million in funding from private equity companies.
A MoneyTree report, compiled by PriceWaterhouse Coopers and the National Venture Capital Association using data from Thomson Reuters, says Essence Group Holdings Corporation was one of six St. Louis companies to complete fund-raising during the quarter. Venture capital firms invested $78.5 million in St. Louis companies during the third quarter, the largest amount in nearly three years, but 90 percent of the money went to Lumeris.
Director of Innovation Research at Lumeris Dr. Tom Doerr shares strategies for reducing primary care physician frustration in a contributed article, “How to achieve the Triple Aim plus physician satisfaction” posted to KevinMD.com
Lumeris was mentioned in Site Selection Magazine’s annual “Texas Wide Open for Business” issue. The article cites Lumeris’ Austin innovation center and quotes Mike Long and John Doerr.
Lumeris’ capital raise of $71 million is featured as part of the “enormously successful year” in the $2.2 billion invested in the digital health industry (as reported by Rock Health) in just the first half of 2014, which has already surpassed all of 2013.
Lumeris is referenced as one of the top examples of the digital health funding uptick.