{"id":23190,"date":"2024-04-04T02:04:32","date_gmt":"2024-04-04T06:04:32","guid":{"rendered":"https:\/\/sliceofhealthcare.com\/?p=23190"},"modified":"2024-04-04T04:22:25","modified_gmt":"2024-04-04T08:22:25","slug":"praia-health-secures-20m-in-series-a-funding","status":"publish","type":"post","link":"https:\/\/sliceofhealthcare.com\/praia-health-secures-20m-in-series-a-funding\/","title":{"rendered":"Praia Health Secures $20M in Series A Funding"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23190\" class=\"elementor elementor-23190\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-53265ad elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"53265ad\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b1fd0d8\" data-id=\"b1fd0d8\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-219a45b elementor-widget elementor-widget-heading\" data-id=\"219a45b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 id=\"key-highlights\" class=\"elementor-heading-title elementor-size-default\">Key Highlights<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ea205cb elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"ea205cb\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-37761df\" data-id=\"37761df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d09b4b elementor-widget elementor-widget-text-editor\" data-id=\"6d09b4b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><strong>$20 million Series A financing<\/strong>\u00a0closed, led by\u00a0<strong>Frist Cressey Ventures<\/strong>\u00a0and supported by notable investors.<\/li><li>Aimed at revolutionizing health system transformation through\u00a0<strong>digital innovation<\/strong>\u00a0and\u00a0<strong>individualized health solutions<\/strong>.<\/li><li>Praia Health, incubated at Providence, has\u00a0<strong>over 3.5 million user accounts<\/strong>, showcasing the platform&#8217;s broad impact and adoption.<\/li><\/ul><p><b>Source:\u00a0<\/b><a href=\"https:\/\/www.prnewswire.com\/news-releases\/providence-spins-out-praia-health-with-20m-in-oversubscribed-series-a-funding-led-by-frist-cressey-ventures-to-scale-new-consumer-platform-for-health-care-302104802.html\">PR Newswire<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e90ba87 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"e90ba87\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0c976b7\" data-id=\"0c976b7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5516a40 elementor-widget elementor-widget-heading\" data-id=\"5516a40\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 id=\"notable-quotes\" class=\"elementor-heading-title elementor-size-default\">Notable Quotes<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d697cb9 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"d697cb9\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0a4aada\" data-id=\"0a4aada\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91b3c7e elementor-widget elementor-widget-text-editor\" data-id=\"91b3c7e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li>&#8220;Praia Health represents our dedication to support both our patients and caregivers, bringing identity-driven personalization to the communities we serve,&#8221; &#8211;\u00a0<strong>Rod Hochman, M.D., President and CEO at Providence<\/strong><\/li><li>&#8220;At Frist Cressey Ventures, we are committed to identifying companies with potential to revolutionize the health care landscape,&#8221; &#8211;\u00a0<strong>Senator Bill Frist, M.D., co-founder and partner at FCV<\/strong><\/li><li>&#8220;Praia Health will enable us to remove the traditional barriers to patient care by personalizing individuals&#8217; health journeys and seamlessly connecting them to the right services, products and resources\u2014in an automated way,&#8221; &#8211;\u00a0<strong>Patrick McGill, M.D., EVP and Chief Transformation Officer at Community Health Network<\/strong><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-de5db98 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"de5db98\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-49139f5\" data-id=\"49139f5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-416ad5a elementor-widget elementor-widget-heading\" data-id=\"416ad5a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 id=\"sohcs-take\" class=\"elementor-heading-title elementor-size-default\">SoHC's Take<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-815da73 elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"815da73\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-123f65b\" data-id=\"123f65b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e1455ae elementor-widget elementor-widget-text-editor\" data-id=\"e1455ae\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The successful closing of Praia Health&#8217;s oversubscribed Series A funding round is a testament to the growing recognition of the need for innovative digital health solutions that offer personalized care at scale. This funding will undoubtedly propel Praia Health&#8217;s mission forward, enabling the company to expand its impact on health system transformation. The support from leading healthcare venture firms and the platform&#8217;s significant adoption highlight the industry&#8217;s commitment to leveraging technology for better health outcomes. With its roots in Providence&#8217;s incubation model, Praia Health is well-positioned to lead the charge in revolutionizing how health systems deliver care, making a significant contribution to the broader goal of improving health services through digital transformation.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-ea8e122 e-flex e-con-boxed wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no e-con e-parent\" data-id=\"ea8e122\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Key Highlights $20 million Series A financing\u00a0closed, led by\u00a0Frist Cressey Ventures\u00a0and supported by notable investors. Aimed at revolutionizing&hellip;\n","protected":false},"author":14,"featured_media":23192,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","pgc_sgb_lightbox_settings":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1916,1896],"tags":[5768,4110,5770,5772,5769,5771,5607,5268],"class_list":["post-23190","post","type-post","status-publish","format-standard","has-post-thumbnail","category-funding-news","category-news","tag-epsilon-health-investors","tag-frist-cressey-ventures","tag-justin-dearborn","tag-patrick-mcgill","tag-providence-ventures","tag-rod-hochman","tag-sara-vaezy","tag-signalfire","cs-entry","cs-video-wrap"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.6 (Yoast SEO v23.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Praia Health Secures $20M in Series A Funding<\/title>\n<meta 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