Procured Health Nabs $1.1M From Bessemer, Athena Health Founder To Help Reduce Health Costs
Rip Empson is a writer and rabble-rouser at TechCrunch. He covers startups, music, social, mobile, health, and education. You can reach him at rip[at]techcrunch[dot]com ? Learn More Procured Health, a startup that aims to help hospitals better discover, evaluate and adopt quality medical devices, is today announcing that it has raised $1.1 million in seed funding from a flock of angels and VCs. Investors in the startup’s first round included Zimmerman Ventures, Bessemer Venture Partners, Fidelity Biosciences, NaviMed Capital’s Bijan Salehizadeh, CEO of Bloom Health Abir Sen, Kal Vepuri of Trisiras Group, former Athena Health CFO Carl Byers as well as Athena Health co-founder and CEO Jonathan Bush — to name a few. In a stat that’s both reassuring and anxiety-producing, hospitals spend $125 billion every year on medical supplies. Thankfully, much of that spend is allocated towards devices that will save lives, the problem is that hospitals don’t need to be spending that much money. Pro...