February 29, 2024

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Diana Health Launches with $11M Series A Led by LRVHealth and .406 Ventures to Redesign Maternity and Women’s Health Programs at Leading Hospitals

NEW YORK–(Organization WIRE)–Diana Well being, the healthcare company redesigning maternity and women’s wellbeing in partnership with major health systems, currently introduced $11 million in Sequence A funding and a collaboration with TriStar StoneCrest Healthcare Center, portion of HCA Health care, 1 of the premier hospital methods in the U.S. The funding, co-led by LRVHealth and .406 Ventures, with participation from present trader AlleyCorp, will be applied to launch Diana Health’s 1st spots in 2022, develop the company’s technology system and position it for immediate expansion in 2023 and further than.

Diana Health functions instantly with medical center leadership to reimagine their women’s wellbeing courses by bringing alongside one another a tech-enabled, individualized care working experience with a clinical redesign of labor and shipping. Working with its evidence-centered care design, Diana Well being operates with health and fitness units to boost the care practical experience for both of those sufferers and clinicians though bettering outcomes and managing costs. The firm will open its initial actual physical place and start its very first close-to-close maternal care program with TriStar StoneCrest in Smyrna, TN in the coming weeks.

“The treatment we acquire as women, especially throughout being pregnant and beginning, has the potential to impression populace health across generations whilst building lifelong connections involving a relatives and their healthcare supplier,” mentioned Kate Condliffe, Co-Founder and CEO of Diana Wellness. “Traditional care models can make it demanding for providers to embrace this chance. That’s why we are absolutely restructuring care programs to supply participating, total wellbeing assist that will drive significant transform in the life of gals and families.”

There is a expanding motion in the United States to boost maternal well being. Being pregnant related dying has a lot more than doubled around the past 25 yrs and extra girls die from childbirth in the US than in any other developed nation. Sixty thousand ladies annually encounter severe issues all through pregnancy and start that, according to the US Facilities for Disease Command, “result in considerable quick- or long-phrase effects to a woman’s wellbeing.” And to compound these troubles, the United States is dealing with a intense OB/GYN scarcity, which The American School of Obstetrics and Gynecology (ACOG) predicts will depart the U.S. brief 22,000 OB/GYNs by 2050.

Diana Health and fitness assists health units change their care systems and build trusting interactions with females and family members using built-in care groups, an partaking digital system and an evidence-based and client-centered treatment software. This offers an benefit to methods who are looking for detailed prenatal and postpartum treatment alternatives that are great for gals and very good for companies.

Louis Caputo, the Chief Executive Officer of TriStar StoneCrest, claimed, “Diana Health’s exceptional plan features operational help as a result of their devoted specialists for labor and shipping. By functioning alongside one another to support our maternity colleagues and our individuals, we greatly enhance outcomes for both equally mother and baby, offer much more personalized shipping options and present much healthier tomorrows to each and every mom and toddler. Diana Health does this through a new model of care that elevates high quality and allows us to develop into the destination for ladies on the lookout for a fashionable, individualized treatment expertise in our group.”

“We have been on the lookout for an sophisticated resolution in the women’s wellness space for about seven a long time,” explained Payal Divakaran, Partner at .406 Ventures. “What excites us about Diana Overall health is that not only will their treatment design radically improve results and fill gaps in the client knowledge, but also that their stop-to-end tactic is the very first acquire-earn answer for sufferers, suppliers, health and fitness methods and payers alike. They are well-positioned to fast scale and to set a new common of care for maternity care.”

“The standing quo for maternal treatment in the U.S. needs to change and the way care is delivered needs to be reinvented,” stated Ellen Herlacher, Principal at LRVHealth. “Kate and her staff have conceived a formula that will drive considerably desired modify and good impression on women’s health. Diana Health’s care product style and design, shipped by partnerships with top well being programs, is considerate, productive, and appealing to health care individuals.”

With the completion of this funding, Payal Divakaran and Ellen Herlacher have the two joined Diana Health’s Board of Administrators.

Condliffe mentioned, “At Diana Health and fitness, we are placing a new regular of treatment for women’s wellness – one that evokes, supports, and empowers all women to reside more healthy, extra satisfying life. We are thrilled to be operating with some of the country’s primary wellness system executives and health care traders to carry this vision to life.”

About Diana Wellness

Diana Wellbeing is a modern-day women’s wellness supplier that functions in partnership with main well being methods to redesign their maternity and women’s health and fitness company lines. As a result of its network of modern women’s wellbeing practices, Diana provides an individualized, wellness concentrated care system that puts girls at the heart of choice earning and empowers them with the facts and assistance they have to have to reach their overall health and wellness objectives. We are restructuring the standard technique to treatment and aligning incentives across stakeholders with built-in care teams, clever technologies and a made care working experience that is great for sufferers and very good for suppliers. Whether or not you are having a child, or at any life phase, we are on a mission to empower, inspire and guidance the ladies we serve to reside happier, much healthier, additional satisfying lives. For far more facts, pay a visit to www.HeyDianaHealth.com.

About .406 Ventures

.406 Ventures is a Boston-dependent early-phase venture capital company investing in health care and business know-how providers founded by visionary business people. The firm was launched in 2005 and has more than $1B underneath administration throughout 4 main and two opportunity funds. The company leads, or co-potential customers, Collection A rounds in sector-modifying businesses. .406 Ventures’ health care theses focus on techniques, technologies, and products and services that strengthen clinical delivery, with investments in organizations such as AbleTo, Equip, Heartbeat Wellness, Iora Overall health, Nomad Health and fitness, Redox and WelbeHealth. Study extra at 406ventures.com.

About LRV Overall health

LRVHealth is the “Inside Healthcare” enterprise cash system. LRVHealth’s traders incorporate leading supplier, payer, and vendor companies, comprising a network that touches one particular in a few health care shoppers throughout the U.S. Alongside one another, this network collaborates to identify, spend in, and undertake progressive alternatives to the industry’s most pressing desires. Launched in 2000 by an skilled crew of healthcare buyers, operators, and advisors, the LRVHealth staff presents early-stage cash, operating encounter, and field insight to develop the up coming era of wonderful healthcare businesses. For much more information, pay a visit to www.LRVHealth.com.