Business
Tebra, the result of a recent merger between Kareo and PatientPop, said the equity and debt financing brings its valuation to more than $1 billion.
The startup plans to use the funds to expand to states with large TRICARE populations, like Texas, Florida and Virginia.
The funds will support its expansion across India.
As part of the deal, Mercury will join WebMD Provider, the company’s business focused on consumer/physician engagement and clinical education.
The startup, formerly known as HealthTensor, previously raised a $5 million seed in early 2021.
Ria offers recovery coaching and medication-assisted treatment.
The startup announced it had raised $63 million equity and debt financing in September.
Cue said it made the decision due to larger economic challenges and the federal government's recent move to divert funding from COVID-19 tests.
The startup's data platform aims to help clients like providers and payers understand how social factors are impacting patient health.
The merger with its principal shareholder TPG Capital is expected to close in the second half of 2022.