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Industries
Healthcare
Company Size
10,001+
Company Stage
IPO
Total Funding
$5.7M
Headquarters
Nashville, Tennessee
Founded
1968
HCA Healthcare operates a large network of hospitals, outpatient centers, and clinics in the United States and the United Kingdom, providing a variety of medical services such as emergency care, surgery, and specialized treatments. The company serves a wide range of patients, from those needing routine care to individuals requiring complex surgical procedures. HCA Healthcare generates revenue primarily through patient services, including hospital stays and outpatient procedures, while also investing in healthcare technology to improve patient care and operational efficiency. What sets HCA Healthcare apart from its competitors is its strong focus on quality care and innovation, utilizing advanced medical technologies and a skilled workforce to achieve excellent patient outcomes. The company is also dedicated to community involvement and corporate social responsibility, actively participating in health and wellness initiatives.
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Total Funding
$5.7M
Above
Industry Average
Funded Over
1 Rounds
CMC has struggled financially for years and was on the verge of bankruptcy prior to the deal. Regulators imposed significant conditions on the sale and will monitor HCA for compliance over 10 years.
HCA Healthcare's subsidiary, hInsight-NX, LLC, is investing $4 million in Ondine Biomedical Inc. through a private placement of 38,033,412 new common shares at approximately $0.105 per share. This investment will represent about 8.6% of Ondine's enlarged share capital. The funds will support strategic objectives and extend the company's cash runway into early Q4 2025. The new shares will be admitted to AIM trading on 29 January 2025.
Company raises $12 million of new equity from HCA Healthcare and Redmile Group;Augmedix and HCA Healthcare to collaborate on AI-powered ambient documentation products for the acute care setting;Provides sufficient capital to achieve cash flow sustainabilitySAN FRANCISCO, April 20, 2023 (GLOBE NEWSWIRE) -- Augmedix Inc. AUGX, a healthcare technology company that delivers ambient medical documentation and data solutions to healthcare systems, physician practices, hospitals, and telemedicine practitioners, today announced that it has executed a strategic financing with HCA Healthcare, Inc. HCA, one of the nation's leading healthcare providers, and Redmile Group, LLC, a San Francisco-based institutional healthcare investor. The strategic financing provides Augmedix with approximately $12 million in new capital and is expected to enable the Company to achieve positive cash flow without additional financing.In conjunction with this financing, Augmedix will collaborate with HCA Healthcare to advance the development of AI-powered ambient documentation products for acute care clinicians, helping to streamline hospital workflows. These cutting-edge products instantly convert natural clinician-patient conversations into medical notes that physicians and nurses can review and finalize before they are seamlessly transferred in real time to the Electronic Health Record (EHR). The transformation of this vital but often time-consuming task can improve the ease of documentation and provide physicians and nurses more time to spend with patients
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Industries
Healthcare
Company Size
10,001+
Company Stage
IPO
Total Funding
$5.7M
Headquarters
Nashville, Tennessee
Founded
1968
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