Collective Medical Has Secured $47.5 Million In Series A Funding

Utah-based Collective Medical recently secured $47.5 million in Series A funding through an investment led by the American venture capital firm Kleiner Perkins. The funds will be used to expand the company’s care team collaboration network to lead to better consumer outcomes.

Collective Medical anticipates that with the funding, it will be able to improve its technology to address the full continuum of care for consumers by unifying provider organizations and payers through services such as real-time information alerts, patient context, and collaborative care planning. Currently, Collective Medical engages with every national health plan in the . . .