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Avaneer Health announces $50 million in seed funding from healthcare industry leaders

Press releases may be edited for formatting or style | January 14, 2022 Business Affairs Health IT

"Together, we're changing the paradigm of healthcare data flows with a secure network empowered by blockchain, FHIR and other leading technologies," said Tim Skeen, co-chair of Avaneer Health's Board of Directors and senior vice president and CIO, Sentara Healthcare, an integrated healthcare system in Virginia and northeastern North Carolina. "To achieve truly frictionless and seamless care, healthcare needs greater transparency and ease of navigation for all parties involved, particularly as we move toward greater adoption of value-based care. The Avaneer Health network will achieve this with an inclusive, participant-based ecosystem with common practices and utilities."


About Avaneer Health
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Avaneer Health is a participant-based, inclusive and secure network designed for and by healthcare to drive efficiencies and optimize care for people across their lifetimes. Built on blockchain and FHIR technology, the Avaneer Health network provides access to the data needed for transparency and interoperability in healthcare. In addition to a robust marketplace designed for innovation, Avaneer Health offers solutions for payer-to-payer data exchange, eligibility, prior authorization, and more. Avaneer Health was founded in 2020 by a consortium of industry leaders, including Aetna, a CVS Health company, Anthem, Cleveland Clinic, Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), IBM, The PNC Financial Services Group, Inc., and Sentara Healthcare. With continuing support from the biggest players in healthcare, Avaneer Health will play a key role in transforming how the industry operates to address consumers' needs more efficiently and effectively.


SOURCE Avaneer Health

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