Northwell Holdings, Veradigm part of $45M funding round for Holmusk

Northwell Holdings, the venture capital arm of New Hyde Park, N.Y.-based Northwell Health, and EHR vendor Veradigm (formerly Allscripts) are among the funders pouring $45 million into data analytics company Holmusk.

The EHR company also entered into a partnership to bring behavioral health and deidentified patient data to Holmusk's real-world clinical database. Holmusk employs artificial intelligence to identify the most pressing behavioral health challenges and research care solutions.

"Mental and behavioral health is a serious global health problem that has only increased during and post the COVID-19 pandemic," Veradigm CEO Rick Poulton said in a joint Jan. 9 news release. "Holmusk has proven expertise to create the evidence needed to improve mental health. We are proud to equip the company with the resources needed to advance this important work."

Veradigm led the series B financing round, which also included Novartis venture arm dRx Capital.

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