Procured Health, a Chicago-based provider of data technologies for patient care that aims to reduce wasteful spending by healthcare providers, has raised a $10 million Series B round of funding. The investment was led by Heritage Group, with participation from Health Insight Capital.
This investment will come from Heritage’s second Healthcare Innovation Fund, which announced $220 million in committed capital in May. The Heritage Funds are backed by 15 healthcare organizations, including Adventist Health System, Community Health Systems, Intermountain Healthcare, Sutter Health, and Tenet Health.