Aligned TeleHealth, which serves health systems, hospitals and nursing facilities in four states, said it will use the financing to help grow its business and assist more underserved patient populations.
SVLS is an international life sciences venture capital firm.
With the financing, two individuals — Michael Balmuth, a partner of SVLS, and Gene Hill, SVLS’ chairman — have joined Aligned TeleHealth’s board of directors.
In addition, current Aligned TeleHealth board member Deepak Chopra has invested in the company. Mr. Chopra is the founder, CEO and chairman of Hawthorne, Calif.-based OSI Systems.
More articles on health IT:
Investing in big data? It might benefit your hospital to think smaller
AT&T to be connectivity backbone for wearable health tech company Biotricity
Miami-based digital health startup accelerator brings 10 new companies into incubator
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.
