Posts Categorized: Uncategorized

Foundation Radiology Group Achieves Sixth Place Overall in the Pittsburgh Business Times 2011 Pittsburgh 100

For the second consecutive year Foundation Radiology Group is recognized as the sixth fastest growing private company in the 2011 Pittsburgh 100. The award is handed out by the Pittsburgh Business Times and ranks private companies in the region by a percentage of growth in revenue over a three-year period. The list is broken up…
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Intervention Insights

Intervention Insights, Grand Rapids, MI, is a health information services company helping community oncologists incorporate molecular oncology into their practice.

Foundation Radiology Group Named Pittsburgh Tech 50 Finalist for Third Year in a Row

Foundation Radiology Group’s rapid industry advancement and unique business model has lead to their being a finalist for the Pittsburgh Technology Council’s Tech 50 in the category of Life Sciences Company of the Year. Substantial revenue growth, job creation, and technological innovation were all key attributes to their selection as a finalist for the past…
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Intervention Insights Closes $7.2 million Series B Financing to Expand

GRAND RAPIDS, Mich. (July 18, 2011)– Intervention Insights, a Grand Rapids-based healthcare information technology company which helps community oncologists develop individualized patient treatment plans, today announced the close of $7.2 million in Series B financing.  The deal was co-led by Michigan venture investor Beringea and Louisville, Ky.-based Chrysalis Ventures, who were joined by Hopen Life…
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MAXIMUS AND CONNECTURE FORM ALLIANCE TO PROVIDE ROBUST GOVERNMENT HEALTH INSURANCE EXCHANGE SOLUTION

- Alliance Creates Most Comprehensive, Effective Health Insurance Exchange Available – (Reston, VA and Atlanta – May 17, 2011) – MAXIMUS, Inc. (NYSE:MMS), a leading provider of government services worldwide, and Connecture, the leader in Web-based marketplaces and administration solutions for health insurance distribution, announced today that the two companies have entered into a strategic…
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MyHealthDIRECT Receives $4 Million In Series B Investment Funding

Fast-Growing Health Services Innovator will Use Funds from Arboretum Ventures and Chrysalis Ventures to Facilitate Its Expansion into New Markets Across U.S. Brookfield, WI – (April 6, 2011) – MyHealthDIRECT today announced that it has closed its Series B investment round with $4 million in funding from two of America’s leading healthcare venture capital firms,…
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CONNECTURE, INC. ACQUIRES INSURIX

CREATING THE LARGEST END-TO-END SALES AUTOMATION PROVIDER IN THE HEALTH INSURANCE DISTRIBUTION MARKET ATLANTA February 24, 2011 Connecture, Inc. announced today that it has acquired Insurix, a technology provider of sales automation software to health insurance carriers and brokers. The combination further remodels health insurance distribution by creating the largest end-to-end sales automation provider in the…
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Back at firm he helped found, Doug Cobb guides startups with lessons from his experience

Premium content from Business First – by Steve Ivey, Staff Writer Date: Friday, February 18, 2011, 9:30am EST Doug Cobb isn’t sure how long he’ll stay in his current entrepreneur-in-residence position with Chrysalis Ventures LLC, but he’s enjoying the opportunity to mentor young companies and executives. In April 2010, Cobb returned to Chrysalis, the venture-capital…
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Gambling on change (David A. Jones, Jr.)

Article published January 31, 2011 Five big systems buy into a venture capital fund to try to reap profits from the transformation of healthcare By Melanie Evans Five major health systems have put up to $50 million behind their faith that executives can pick the winners as emerging companies vie for business during the sweeping…
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VCs Healthcare Tendencies Toward Devices, Away from Services (Alan Ying)

PEHub Posted on: January 25th, 2011 Healthcare has always been an area of focus in venture capital. In particular, over the last several years, healthcare IT has received a lot of public attention. The recent J.P. Morgan Healthcare Conference in San Francisco– focusing on public companies – offers a timely snapshot to compare the healthcare…
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