StageSeries B | Alive
Last Raised$100M | 1 yr ago
Cadence operates as a healthcare technology company. It offers a remote care management platform that enables clinicians to monitor patient vitals remotely, provide personalized feedback via text message after each reading, and conduct one-on-one telehealth visits when needed. It was founded in 2020 and is based in New York, New York.
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Research containing Cadence
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Cadence in 6 CB Insights research briefs, most recently on Jan 30, 2023.
Expert Collections containing Cadence
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Cadence is included in 8 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
Value-Based Care & Population Health
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
This collection includes public and private companies, as well as startups, that market software solutions to healthcare provider organizations.
Health Monitoring & Diagnostics
Companies offering products that help assess patients’ state of health and well-being from a distance. Tagged as #RemoteMonitoring&Diagnostics
Latest Cadence News
Jan 4, 2023
01/04/2023 | 09:04am EST Message : *Required fields Cadence today announced a partnership with Ardent Health Services to implement a remote patient monitoring and responsive virtual care program across Ardent’s operations, which include 30 hospitals and 200 sites of care in six states. Cadence delivers personalized, consistent care and intervention as needed from home by collecting, analyzing, and responding to patients’ vitals daily as an extension of their care team. “At Ardent, we're looking at everything through the lens of the consumer – putting people at the center of the care model,” said Marty Bonick, Ardent’s President and Chief Executive Officer. “Health care is complex, but doing things the way we've always done them doesn't serve our patients or caregivers. Our partnership with Cadence embodies our purpose of caring for others by putting in place the technology and clinical protocols to deliver better care, alleviate unnecessary burdens on our clinicians, and improve the overall healthcare experience across all touchpoints.” The Ardent-Cadence partnership was first successfully rolled out at Utica Park Clinic in Ardent’s Tulsa, Oklahoma, market and will now be deployed in multiple markets over the next year. The solution underscores Ardent’s commitment to improving patient outcomes, reducing Medicare spending by preventing avoidable inpatient hospital admissions, and improving quality and access to care for all beneficiaries, particularly those with complex chronic conditions and serious illness. The program supports hypertension, congestive heart failure, and diabetes, with chronic obstructive pulmonary disease to launch later in 2023. With Cadence's digital infrastructure, Ardent’s remote care platform can support an increasing number of conditions, acuities, and devices over time. “Ardent and Cadence share a passion for using technology to create compelling patient experiences that improve the quality of patients’ lives. Ardent has a strong track record of using technology to alleviate administrative burden on physicians, which Cadence will further accelerate,” said Chris Altchek, Cadence’s Chief Executive Officer and Founder. “Consistent monitoring and intervention as needed amongst patients battling chronic conditions has shown the ability to increase the number of patients achieving guidelines by 5x and reduce unnecessary emergency department visits by 50%. We believe this is only the beginning of the positive impact from our partnership with Ardent.” For more information visit www.cadence.care . About Cadence Cadence is a health technology company helping the nation’s most patient-centric health systems deliver more consistent, proactive healthcare every day. Cadence’s remote patient intervention solution couples powerful new technology with clinical excellence, providing its patients a precise and personal level of care all outside of the four walls of the hospital. More information about the company can be found at www.cadence.care . About Ardent Health Services Ardent Health Services invests in people, technology and communities. Through its subsidiaries, Ardent owns and operates 30 hospitals and nearly 200 sites of care in six states with more than 24,000 employees, including 1,200+ employed providers. With a focus on evidence-based practices to improve quality care and patient outcomes, 95% of eligible Ardent hospitals received a Leapfrog Hospital Safety Grade of A or B for Fall 2022, compared with 57% of all ranked U.S. hospitals. In 2022, Modern Healthcare recognized six Ardent entities as “Best Places to Work,” marking the 14th consecutive year an Ardent facility was recognized. Based in Nashville, Tennessee, Ardent is owned by current and former members of Ardent’s management team; Equity Group Investments (EGI), a Chicago-based private investment firm; and Ventas, Inc. (NYSE: VTR), a publicly traded real estate investment trust. View source version on businesswire.com: https://www.businesswire.com/news/home/20230104005186/en/ © Business Wire 2023
Cadence Frequently Asked Questions (FAQ)
When was Cadence founded?
Cadence was founded in 2020.
Where is Cadence's headquarters?
Cadence's headquarters is located at 295 Lafayette Street, New York.
What is Cadence's latest funding round?
Cadence's latest funding round is Series B.
How much did Cadence raise?
Cadence raised a total of $141M.
Who are the investors of Cadence?
Investors of Cadence include Thrive Capital, General Catalyst, Adam Boehler, Free Solo Ventures, Coatue Management and 5 more.
Who are Cadence's competitors?
Competitors of Cadence include NeuroFlow and 6 more.
Compare Cadence to Competitors
Doccla provides digital healthcare services. It provides remote patient monitoring solutions to analyze patients' acute or chronic conditions based on patient readings and responses and reduces the cost of care delivery while improving patient outcomes. The company was founded in 2019 and is based in London, United Kingdom.
NeuroFlow operates as a mental health technology platform. It provides activities and assessments to help individuals improve their health and track their progress. The company offers solutions for collaborative care, population health, measurement-based care, suicide prevention, and healthcare burnout. It was founded in 2017 and is based in Philadelphia, Pennsylvania.
Spire Health provides a remote patient monitoring (RPM) device tag for patients with chronic diseases. It monitors respiratory patterns and other physiological metrics, notifying providers of changes in patient health with health tags. It was founded in 2013 and is based in San Francisco, California.
Lenus is a digital healthcare platform that uses connected devices and patient-reported outcomes to provide new models of care. The platform collects patient-generated health data from wearable devices, sensors, and apps for care teams that care teams can view in an intelligent customizable dashboard to support care. The company is based in Edinburgh, Scotland.
NanoVation provides respiratory monitoring solutions by offering a wireless wearable device that allows for noninvasive monitoring.
HumanITcare delivers news ways to measure real-life data of patients. Through its AI platform, the company provides better and faster clinical decisions. The platform collects and analyzes real-life data from various sources (smartphone, smart bracelets, and scales, environmental data, and sensors) and through deep learning, delivers objective information on the patient’s condition and the context of their disease by digital biomarkers. All the data collection and platforms have been validated by regulators, academic hospitals, and healthcare institutions.
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