Aware Health earns funding for orthopedic value-based care: 4 notes

Aware Health closed a $3 million seed funding round to support value-based care in orthopedics, according to an Oct. 10 news release. 

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Four things to know:

1. The funding will support Aware Health and its algorithms to help clinicians in diagnosing orthopedic conditions virtually.

2. Aware Health also uses an artificial intelligence-driven platform to reduce healthcare costs and improve outcomes in musculoskeletal care.

3. Aware Health’s diagnostic tools have helped 95% of its patients with wear-and-tear conditions avoid surgery, and there is an average 6.19x return on investment saved in lifetime healthcare costs for clients.

4. Boomerang Ventures led the funding round, and other venture groups and investors participated.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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