Covera Health secures $50M in funding

Clinical analytics firm Covera Health has secured $50 million in Series C funding in a round led by Insight Partners. Of the total, $25 million is immediately available, Covera said.

The company has also finalized its purchase of CoRead, an AI quality assurance company that currently serves more than 2,000 hospitals around the world. As a result of this acquisition, former CoRead CEO Lawrence Ngo will join Covera Health as its senior vice president, quality assurance platform.

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