Alpha Health Named to the 2020 CB Insights Digital Health 150 — List of Most Innovative Digital Health Startups

Alpha Health recognized for achievements in healthcare revenue cycle management automation


NEW YORK, August 13, 2020CB Insights today named Alpha Health to its second annual Digital Health 150 ranking, which showcases the 150 most promising private digital health companies in the world.

The 2020 Digital Health 150 cohort highlights startups that are reimagining the lines of the traditional healthcare experience across 12 categories, from Virtual Care Delivery and Clinical Trials, to Drug Discovery and Specialty Care. Countries represented this year include Canada, China, Israel, France, the United Kingdom, and the United States, among others.

“This year’s Digital Health 150 is our most global ever, covering the best private healthcare companies from 17 countries. Beyond geographic diversity, these companies are innovating across the entire healthcare value chain, spanning technologies that benefit pharma & biotech companies, to payers, hospitals, insurers, and more,” said CB Insights CEO Anand Sanwal. “Last year’s Digital Health 150 winners saw numerous exits and went on to raise nearly $5 billion in investor financing after being recognized. We look forward to seeing the success of this year’s class of the best in digital health.”

“Alpha Health was founded to bridge divides and restore trust in healthcare by modernizing our industry’s financial infrastructure,” said Malinka Walaliyadde, co-founder and CEO of Alpha Health. “It’s a big job and we’re just getting started. We’ve seen tremendous momentum in our first 18 months of operations and it’s an honor to be included in the CB Insights Digital Health 150.”

Through an evidence-based approach, the CB Insights research team selected the Digital Health 150 from hundreds of applications based on several factors including patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores, market potential, partnerships, competitive landscape, team strength, and tech novelty. The Mosaic Score, based on CB Insights’ algorithm, measures the overall health and growth potential of private companies to help predict a company’s momentum.

Financial complexity in healthcare with countless codes and complicated steps for billing and reimbursement drives up billions in wasted healthcare spending each year. At Alpha Health, we believe every dollar spent on healthcare matters, and our mission is to remedy the financial complexity that is crippling healthcare in the U.S. Our team developed new machine learning-based approaches and built technology from the ground up that is purpose-built to automate healthcare revenue cycle operations. Our solution, Unified Automation, enables health systems to decrease their cost of care so they can be better stewards of every healthcare dollar.

Quick facts on the 2020 Digital Health 150:

    • The 2020 Digital Health 150 startups have raised over $20B in funding across 600+ deals from 900+ unique investors.
    • The list includes 12 unicorns (companies that have reached a valuation of $1B+) focused on a diverse range of digital health solutions, including telehealth, insurance, and robotic surgical systems.
    • Many have formed partnerships with key industry players like the American Heart Association, Cigna, and Mount Sinai Health System.
      The Digital Health 150 Companies (in alphabetical order): Digital Health 150 CB Insights
      98Point6 Galileo Health Oura
      Abacus Insights Genome Medical OWKIN
      AbCellera Biologics GRAIL PAIGE.AI
      Aetion GYANT Parsley Health
      Akili Interactive Labs HaloDoc PathAI
      Alan Happify Health Pear Therapeutics
      Aledade Healthy.io Perspectum
      Arterys Heartbeat ProteinQure
      Atomwise Hims & Hers Protenus
      Avail Medsystems Hinge Health Quartet Health
      Axial Healthcare icometrix Qure.ai
      Babyscripts iLoF RDMD
      Bend Financial Incredible Health Ready Responders
      Bigfoot Biomedical Infervision Recursion Pharmaceuticals
      Bind Benefits Innovaccer Redox
      Biofourmis Insilico Medicine Ro
      Biointellisense Insitro Saama Technologies
      Bright Health Iora Health Science 37
      Bright.MD K Health Sema4
      BrightInsight Kaia Health Somatus
      Brightside Benefit Karius SonarMD
      Cala Health Kindbody SOPHiA Genetics
      Capsule Komodo Health Subtle Medical
      Caption Health League Taimei Technology
      Carbon Health LeanTaaS Tempus
      Carrot Fertility LetsGetChecked Tencent Trusted Doctors
      Cedar Livi Thrive Earlier Detection
      Celsius Therapeutics Lunit TriNetX
      ChromaCode Lyra Health Truepill
      Cityblock Health Mahmee Twistle
      CMR Surgical Mammoth Biosciences TytoCare
      Concerto HealthAI Maven Clinic Unite Us
      Cricket Health Medable Unlearn
      Cue Health Medbanks Network Technology Valencell
      CureApp Medically Home Group Verana Health
      Current Health MediTrust Health Vesta Healthcare
      Dental Monitoring Meru Health Vicarious Surgical
      Devoted Health Mindbloom VillageMD
      DispatchHealth Mindstrong Vim
      DNAnexus Modern Fertility Vineti
      Doctolib Mojo Vision Virta Health
      Doctor On Demand nference Viz.ai
      Dreem Notable We Doctor
      Eko Nuvo Group Wellth
      Element Science Olive Winterlight Labs
      Evidation Health Omada Health Xealth
      Firefly Health Oncology Analytics XtalPi
      Folx Health Onera Health Zebra Medical Vision
      Freenome Oscar Health


      About CB Insights

      At CB Insights, we believe the most complex strategic business questions are best answered with facts. We are a machine intelligence company that synthesizes, analyzes and visualizes millions of documents to give our clients fast, fact-based insights. Serving the majority of the Fortune 100, we give companies the power to make better decisions, take control of their own future, and capitalize on change.

      Contact:

      Keith Swiader, Manager – PR & Communications
      [email protected]
      917-214-1028

      About Alpha Health

      At Alpha Health, we believe every dollar spent on healthcare matters because healthcare matters to everyone. The first Unified Automation company for healthcare, Alpha Health, uses the same machine learning approaches that made driverless cars possible to provide health systems with a single solution for revenue cycle management. Alpha Health’s Unified Automation brings together the best of people, data, and technology to efficiently, accurately, and autonomously navigate the complex state of medical reimbursement in the United States. This enables health systems to reduce the cost of care and be better stewards of the healthcare dollar. Alpha Health is based in the heart of Silicon Valley. Learn more at www.alphahealth.com.

      Contact:

      Catherine Afarian, Head of Corporate Communications
      [email protected]
      408-656-8872