Parachute Health is a healthcare technology platform that is transforming the way patients receive the care they need to properly manage their health and recovery at home. Parachute leverages sophisticated machine learning technology to replace the antiquated process for prescribing orders for Durable Medical Equipment (DME) via fax and paper records. Parachute improves patient care and reduces costs for payors, providers, and suppliers by dramatically reducing order errors, insurance claim denials and time spent ordering equipment.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 06/04/18 | $9,500,000 |
Anthony Welters GNYHA Ventures Insight Venture Partners  | undisclosed |
