Fierce Health Technology September 27, 2021
Garrison Wells

Startup Xealth banked $24 million in fresh funding led by Advocate Aurora Enterprises to help health systems scale up their digital health strategies.

With this latest round of financing, Xealth has raised $52.6 million.

“It’s a stepping stone toward building a better product vision,” Mike McSherry, CEO and co-founder of Xealth told Fierce Healthcare.

The funds will be used to expand Xealth’s operations, including adding staff and new customers, roughly doubling its size. Xealth has 60 employees now.

The fresh capital also will support product innovation, including enhancing the company’s intelligence engine to help health systems determine which tools work best with which patients.

“Several of these new system investors are brand new customers so we need to hire staff...

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