Category: Minneapolis

Flywheel raises $22M, buys competitor

Artificial Intelligence, Big Data Analysis, Clinical Trials, Daily, Flywheel, Health IT, M&A, Minneapolis, Radiologics, St. Louis, SYN, Top Story / September 16, 2021 September 16, 2021

After closing a series C round led by 8VC, Flywheel used a portion of the funds to acquire St. Louis-based Radiologics. Both have platforms to help researchers process medical imaging data.

How Bind Benefits’ CEO will use $105M to upend the health insurance market

Bind Benefits, Daily, Employee Benefits, health plan, Insurance, Minneapolis, News, payer, Payers, Startups, SYN, Top Story / October 23, 2020 October 23, 2020

Insurance startup Bind Benefits just raised $105 million in a Series B funding round to further expand into the fully insured market. CEO Tony Miller sees the company’s health plan product as a way for employers to stay agile while offering insurance in a rapidly changing world.

Allina, BCBS of Minnesota strike big value-based contract

allina-health, Blue Cross and Blue Shield of Minnesota, Daily, hospitals, Insurance, Minneapolis, Payers, SYN, Top Story, value-based payment models / August 28, 2020 August 28, 2020

The two companies had been negotiating a six-year value-based contract prior to the start of the pandemic. Allina and BCBS of Minnesota expect the agreement will affect roughly 130,000 patients.