Very proud that Commonweal Ventures backed Scott Johnsen & Proximity Health! Proximity is solving mission-critical data and revenue problems for safety net providers all across the US. The 340B program is a cornerstone of American healthcare and nobody knows this space like Scott: we couldn't be more excited.
CEO and Founder at Proximity | Helping keep healthcare within reach of all who need it
Big news today: Proximity Health has raised $3M in Seed funding to help hospitals and health centers capture more 340B savings and keep their doors open! The #340B program is a lifeline for safety-net providers but incredibly complex to navigate. This complexity often results in significant financial losses that risk the facilities’ ability to deliver accessible and integrated care regardless of a person’s ability to pay. Proximity ensures providers can identify every dollar they’re entitled to, allowing them to support what matters most—patient care. Excited for what's ahead and grateful to the Proximity team working to protect this vital funding, and to our investors—LRVHealth, Commonweal Ventures, and our angel investors—who believe in strengthening healthcare access for the communities that need it most. Learn more about Proximity and read our press release, here: https://lnkd.in/gNZuvrEw
