Proximity Health
Latest round
- Seed
Last raised
- Feb 2024
Total raised
- $3M
Investors
- 2
About Proximity Health
Founded in 2023, Proximity Health is dedicated to streamlining the 340B Drug Pricing Program for healthcare providers.Proximity offers a comprehensive platform designed to optimize the 340B Drug Pricing Program for healthcare entities, integrating a variety of data sources such as Electronic Health Records (EHR), Third-Party Administrators (TPA), and wholesalers. The platform centralizes and analyzes these data streams to uncover often overlooked revenue opportunities, enhancing compliance and mitigating risks associated with manufacturer threats. Proximity's services support a wide range of healthcare providers, including hospitals and clinics that participate in the 340B Program, with an emphasis on maximizing program revenue while ensuring adherence to federal guidelines.Proximity operates on a subscription-based revenue model, where clients pay a fixed monthly access fee to utilize the platform's full suite of services. This structure allows healthcare entities to leverage extensive data analysis and compliance monitoring tools aimed at maximizing their 340B revenue potential. Transactions typically occur through partnerships with healthcare organizations that seek to improve their operational efficiency and revenue capture from the 340B Program. The platform’s capabilities are designed to assess and optimize claims management processes, ensuring that clients can effectively navigate the complexities of 340B compliance while maximizing profitability. Proximity plans to expand its offerings and reach additional healthcare providers across new markets in the United States.
Who invested in Proximity Health
2 investors across 1 round
See all investors in Proximity Health
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Feb 20, 2024
Amount
$3M
Investors
Questions about Proximity Health
Who invested in Proximity Health?
Proximity Health has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Proximity Health raised?
Proximity Health has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Proximity Health last raise money?
Proximity Health's most recent round on record is a Seed, in Feb 2024.
What does Proximity Health do?
Founded in 2023, Proximity Health is dedicated to streamlining the 340B Drug Pricing Program for healthcare providers.
Where is Proximity Health headquartered?
Proximity Health is headquartered in Chicago, US.
Which VCs invest in companies like Proximity Health?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Proximity Health's stage. Their profiles are linked below.
VCs backing healthcare it startups at Seed
Raising like Proximity Health? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.