TechMeme
Sources: Devoted Health, which uses AI to help coordinate medical care for those enrolled in Medicare Advantage, is raising new funding at a $25B valuation (Katie Roof/Business Insider)
Devoted Health, a Medicare Advantage platform that uses AI to coordinate care, secured new funding that values the company at $25 billion. The investment expands its ability to scale AI-driven care coordination for Medicare beneficiaries. The funding round underscores growing investor confidence in AI-enabled health-tech solutions.