4 Notable Health Tech Funding Announcements in August
Health tech companies made several major funding announcements in August. Here is a list of some of the biggest funding rounds.
Cityblock, Alliance Health Launch Medicaid Partnership in North Carolina
Through a new partnership, Cityblock will offer medical and behavioral health services to members with serious mental illness or substance use disorder in Alliance Health’s Behavioral Health and Intellectual/Development Disability Tailored Plan.
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Closing the Quality-Affordability Gap in Workplace Mental Health
In an interview, Kyan Health Co-Founder and Chief Commercial Officer Konstantin Struck discussed how Kyan gives mid-market and enterprise employers access to premium workforce mental healthcare, at a price point that is affordable.
Report: Cityblock now valued at $5.7B
According to STAT News, Cityblock raised a $400 million funding round led by SoftBank. It plans to put the capital toward its goal of serving 10 million members by 2030.
CityBlock, a primary care startup focused on underserved communities, passes $1 billion valuation
CityBlock Health, a startup focusing on providing care to Medicaid and dual-eligible patients, raised $160 million in funding. The Alphabet-spinout plans to use the funds to reach more patients and build out its digital care offerings.