’s investment subsidiary led a $24 million Series-B funding round for Xealth Inc., a Seattle company with a digital health platform.
Seven other health care systems joined Xealth’s investment group. They are: Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care.
Xealth’s existing investors are Froedtert & MCW Health Network of Wauwatosa, Atrium Health, Cleveland Clinic, MemorialCare Innovation Fund, Providence and UPMC.
Xealth said the new investors bring the company’s total funding to date to $52.6 million.
Spun out from Providence in 2017, Xealth has full integrations with the largest electronic health records vendors. The company’s digital health platform is available to over 100,000 physicians and brings digital health into clinicians’ workflow.
The platform supports care teams to personalize digital solution ordering with one click, Xealth said.
Funding from this round will fuel growth of the company’s team, approximately doubling its size. It will also support product innovation, the company said.
“The future of health care is using innovative technology to help people take control of their health beyond traditional care settings,” Scott Powder, president of Advocate Aurora Enterprises, said in a press release. “That’s why we invested in Xealth. The company’s focus on connecting a broad array of health solutions to the consumer aligns with ours, as we seek to invest in industry pioneers who are helping people live well at all stages of life.”