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NEW: Candid Health, an SF-based revenue cycle automation platform for healthcare providers, just raised a $52.5M Series C. Oak HC/FT led the round and was joined by existing investors. https://t.co/nlYyGAnc6T
Candid Health, which helps simplify medical billing by automating claims processing and eliminating manual work for billing teams, raised a $52.5M Series C (@mtemkin / TechCrunch) https://t.co/GODwuwtcZc https://t.co/4mwoJ8vIwh https://t.co/ZOzeer2dpR
Six months after raising $29M, Candid Health nabs another $52.5M to ease medical billing: https://t.co/OzY5EThqca by TechCrunch #infosec #cybersecurity #technology #news
Candid Health, a San Francisco-based revenue cycle automation platform, has successfully raised $52.5 million in a Series C funding round. This new investment comes just six months after the company secured $29 million in a previous funding round. The latest round was led by Oak HC/FT, with participation from existing investors. Candid Health focuses on simplifying medical billing processes by automating claims processing, thereby reducing manual work for billing teams. The funds raised will be utilized to further enhance their services aimed at easing medical billing for healthcare providers.
