MedCity News June 28, 2022
Socially Determined, a healthcare analytics startup focused on social determinants of health insights, closed a $26 million funding round on Tuesday. It will used the funds to expand its customer base, which comprises health plans, health systems and life sciences organizations.
Providers and payers have a steadfast mission to care for patients and communities, but they are often carrying out that mission without access to data on the factors that influence healthcare costs and outcomes the most: social determinants of health. Traditionally, healthcare organizations have only had access to clinical and claims data about the patients they serve, but social factors like access to transportation, housing or healthy food usually have more of an impact on a person’s health than...
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