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Innovaccer has successfully raised $275 million in its Series F funding round, which included both primary and secondary transactions. This funding round saw participation from notable investors such as B Capital Group, Banner Health, and Danaher Ventures LLC. The fresh capital will be utilized to enhance Innovaccer's artificial intelligence and cloud capabilities, as well as to expand its developer ecosystem.
The startup aims to introduce new AI-driven features, including utilization management and clinical decision support tools. Innovaccer's co-founder emphasized that this investment marks a significant step in transforming healthcare through AI, enabling clients to redefine care delivery and achieve meaningful outcomes. The funding also highlights a broader trend in the Indian startup ecosystem, which is expected to see increased funding in the coming years.
• Innovaccer plans to enhance AI capabilities with new funding.
• The investment aims to transform healthcare delivery through AI.
AI is utilized to enhance healthcare delivery and provide actionable insights.
Cloud capabilities are being expanded to support Innovaccer's developer ecosystem.
Clinical decision support tools are part of Innovaccer's new AI-driven offerings.
Innovaccer leverages AI to analyze healthcare data and provide insights to various healthcare stakeholders.
Kaiser Permanente is involved in discussions for funding, highlighting its role in healthcare innovation.
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