Iora Health
One Medical shareholders will now own 73% of the joint company and Iora Health shareholders will have 27%.
The company plans to use this M&A to gain a foothold in the Medicare space.
The round was led by Indian firm Premji Invest with participation from Cox Enterprise, Temasek F-Prime Capital, Devonshire Investors, .406 Ventures, Flare Capital Partners, Polaris Partners and Khosla Ventures.
Also: Pritzker Group Venture Capital announces slew of promotions and Grand Rounds taps former USF chief medical officer Dr. Ami Parekh for same role.
Cambridge, Massachusetts-based Iora Health, a digitally-enabled primary care provider that focuses on the senior Medicare population, announced yesterday that it has closed $100 million in Series E financing.
Cambridge, Massachusetts-based healthcare provider Iora Health raised $28 million from Foundation Medical Partners, Rice Management Company, GE Ventures, and Khosla Ventures as well as existing investors .
Boston's Beth Israel Deaconess Medical Center has launched a pilot in which 700 mental health patients receive access to their therapists' notes on their laptop or smartphone, according to a must-read report in the New York Times.