Andreessen makes Ribbon Health the first investment from its $750 million new healthcare fund

INSUBCONTINENT EXCLUSIVE:
healthcare consultant founded Ribbon Health to address just that issue, and the company has raised $10.25 million in new financing to roll
out its software services to a broader network of payers, providers and digital health companies.The new financing was led by Andreessen
Horowitz, and included Y Combinator and the New York-based investment firm BoxGroup
Individual healthcare executives like Nat Turner, the chief executive of Flatiron Health; Vivek Garipalli, chief executive and co-founder of
The former serial healthcare entrepreneur developed a similar business to tackle better data collection and delivery for hospitals at
Kyruus.Taking an API -based approach, Ribbon Health is building on the Kyruus approach, Yoo said, with the potential to expand across the
entire breadth of the American healthcare system.Simply, Ribbon Health is trying to create an accurate database of what doctors and health
rely on data about a provider or health plan, yet our industry lacks the systematic infrastructure to centralize this information and
contextualize it for those who need it
There is a clear need for a single platform that can provide comprehensive, up-to-date data to enable informed decision making across health
tool that provides cost and quality information for patients to understand their potential out-of-pocket cost estimates based on their
Our goal is to provide these companies the critical data infrastructure needed to improve quality of care, health outcomes, and control