Orion Health, American Well and TouchCare Raise Capital

Three health information technology vendors in recent days have raised new funding from investors.


Three health information technology vendors in recent days have raised new funding from investors:

* Health information exchange vendor Orion Health, based in New Zealand but with a strong presence in the United States, has raised $97.8 million U.S. following an initial public offering of stock on the New Zealand stock exchange. While the vendor has been around for 21 years, it now has resources to invest in additional research and development, says Andrew Ferrier, chairman.

* Telehealth vendor American Well, which offers online video consultations between patients and clinicians, has raised $80 million in a new funding round. The company serves consumers and provider organizations, as well as health insurers who contract the services to offer to covered members. Insurer Anthem and provider Jefferson Health System were among the investors in the latest round.

* Durham, N.C.-based TouchCare, which recently made commercially available a mobile app to enable healthcare consumers and their own physicians to conduct video consultations on smartphones and tablets, has raised $4 million in new financing. Mosaic Health Solutions, also in Durham, made the minority investment.

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