AristaMD Digital Health Secures Funding For Care Transition Service Integration & Expansion

AristaMD, a leading care management company that provides eConsult and referral management solutions, closed its latest financing round. It plans to use the new funding to integrate and expand care transition integration services that increase consumer access and lower health care costs. Financial details were not disclosed. Lead investor Cobalt Ventures joined existing investors including .406 Ventures, Ascension Ventures, Avalon Ventures, Cigna Ventures, CU Healthcare Innovation Fund, MemorialCare Innovation Fund and Stanford Health Care in the financing.

Cobalt Ventures, a wholly-owned subsidiary of Blue Cross and Blue Shield of Kansas City (Blue KC), selected AristaMD for investment because of . . .