StartUPDATES: New developments for healthcare startups

Cardinal Analytx adds to its management team, Dreamit Ventures has a new cohort of health tech startups, and more.

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Cardinal Analytx Solutions, an AI-enabled health insights company, recently appointed Ryan Tarzy as chief commercial officer. Mr. Tarzy brings more than 16 years of experience as a founder and executive with digital health start-ups. He will be responsible for all commercial activities, including sales, customer success, implementation and marketing.

“The past year has been a critical time in Cardinal Analytx’s evolution. We’ve entered into key strategic customer engagements that are a foundation for expanding our customer base, closed Series B funding, and added industry visionaries to our executive team and advisors to lead us through this growth phase,” said Linda Hand, CEO of Cardinal Analytx. 

Prior to joining Cardinal Analytx, Tarzy was with CoverMyMeds, which was acquired by McKesson in 2017 for $1.2 billion, one of the largest exits in the history of digital health. While there, he served in a variety of roles including vice president of Strategy and Business Development and director of the Incubation Studio, where he led a cross-functional team taking new products to the provider market. Most recently, he served as vice president of Sales and Customer Success, leading the commercial side of the provider vertical at CoverMyMeds. Previously, he served as senior vice president of Business Development for PokitDok and vice president of Business Development at Healthline Networks. In 2003, Tarzy co-founded MediKeeper, one of the early pioneers in digital health. 

“I was drawn to Cardinal Analytx initially by the mission and the opportunity to work with the tremendous people behind this enterprise,” said Tarzy. “I am thrilled to have the chance to contribute to the growth of the company and the realization of its important mission to deliver better care, sooner, to millions of people.”

Eko Devices raised a $20 million Series B round last month. The new funding will be used to toward its work on machine-learning algorithms that the company believes will offer early diagnosis of heart problems. To read more, click here.

Carrum Health, the next-generation Center of Excellence (COE) platform for self-insured employers, recently hired two seasoned executives with deep healthcare IT experience and a talent for growing companies. Dan Nardi joined Carrum Health as chief operating officer (COO) after scaling digital-health startup Livongo from 13 people to more than 600 people. Robert Stillwell joined Carrum Health as vice president of enterprise sales after handling national employer sales at Color Genomics. Nardi and Stillwell add their horsepower to an executive team that is gaining momentum in the bundled payment space.

“As the delivery of healthcare in the U.S. changes paradigms, employers are looking for ways in which to better serve their employees’ healthcare needs. We are experiencing a significant uptick in marketplace demand for our platform. Adding Dan and Robert to our leadership team is a crucial step the company is taking to prepare for our next phase of growth,” said Sach Jain, CEO of Carrum Health. “Both come to Carrum with significant industry experience scaling companies for success, and will guide the company as we rapidly scale our operational infrastructure to meet growing market demand. Together we will deliver on our promise to bring common sense to healthcare.”

Nardi is responsible for scaling the business and running all internal operations. Stillwell is responsible for leading employer sales and signing clients that will make the Carrum Health platform available for their employees.

Carrum Health is a leader in the bundled payments/COE space. The company connects self-insured employers to top-quality regional healthcare providers through standard bundled payment arrangements with the goal of improving the healthcare experience and outcomes of patients, while reducing the cost burden for both employers and their employees. Carrum’s solution also plays a key role in enabling top-quality provider systems pursuing value-based care initiatives to establish themselves as COEs and gain market share.

Five healthcare startups joined Dreamit Ventures’ latest cohort including Medifies, PaceMate, Precision Image Analysis, SurvivorPlan, and NeurFlow. To read more, click here.