The digital advance care planning company Koda Health has secured an undisclosed sum in a second seed funding round. The investment firm Ecliptic Capital led the round, with participation from Memorial Hermann Health System, AARP and the Texas Medical Center Venture Fund. Koda plans to use the funds to spur further expansion, including its patient […]
Most Americans know how they want their end-of-life care to be handled, but roughly 1 in 3 actually document those plans, a recent study indicates. The result often means a patient’s wishes are unknown or unmet. About nine months ago, Cigna Health Insurance entered a partnership with Koda Health to provide a platform for advance […]
Advance care planning tech firm Koda Health is expanding nationwide, with completion expected by the first quarter of 2023. The company’s platform is designed to digitize patients’ decision-making around their care preferences and goals. Koda in February secured $3.5 million in growth capital to spur the expansion of its platform and hire additional staff. Ecliptic […]
On April 16 the United States observes National Health Care Decisions Day to foster awareness that patients and families have the right to discuss and document their wishes for the care they will receive at the end of life. True to form, hospices are at the forefront, encouraging patients, families and their clinicians to choose […]
Fragmentation and variation in advance care planning processes are undermining the effectiveness of those services, according to recent research. A range of societal factors, regulatory hurdles and a lack of care coordination between health care settings have erected barriers between patients and services that are aligned with their priorities. Prior studies have shown that advance […]
The potential for advance care planning to generate cost savings through reductions in expensive, high-acuity care is drawing investors’ eyes to companies that facilitate those services. This — coupled with rising utilization — is contributing to a groundswell of capital in this emerging health care sector. As Medicare expenditures balloon ever outward, stakeholders throughout the health […]
Houston-based Koda Health Inc. recently received $3.5 million in growth capital to roll out its nationwide advance care planning platform. The company intends to apply the funds to boost its workforce and foster nationwide expansion. Ecliptic Capital led the investment, along with Sigmas Capital, CRCM Ventures, Headwater Ventures and individual investors from across the country. […]
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