Memorial Hermann backs $14M funding round for value-based care company

Houston-based Memorial Hermann Health System led a $14 million seed-funding round for Guidehealth, a technology-driven health services platform that partners with health systems and clinical networks to enhance value-based care. 

"We invested in Guidehealth because we believe in their vision to improve health outcomes while lowering overall costs and alleviating the administrative burdens that physicians experience when managing their patient panels,” Feby Abraham, PhD, executive vice president and chief strategy officer for Memorial Hermann said in a Aug. 6 news release.

According to the release, Guidehealth enhances access to care and improves health outcomes for patients within value-based care models through its technology platform that offers organizations AI tools and proprietary AI that create a unified care plan with predictive analytics on modifiable risks. 

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