Diana Health Secures $55M in Series C Funding to Expand Women's Health Programs

Diana Health, a women's health practice network collaborating with hospitals, has successfully raised $55 million in a Series C funding round. This significant investment will fuel the company's expansion plans and enhance its innovative approach to women's healthcare.

Funding Details and Strategic Growth

The funding round was led by HealthQuest Capital, with participation from existing investors Norwest, .406 Ventures, LRVHealth, and AlleyCorp. This latest infusion brings Diana Health's total funding to $101 million since its inception in 2020.

Diana Health plans to utilize the capital to:

• Scale its physical footprint across the United States
• Deepen its clinical programming
• Enhance its digital platform and AI capabilities

As part of this strategic growth, Diana Health has appointed two new board members: Witney McKiernan, principal at HealthQuest Capital, and Dr. Neel Shah, chief medical officer of Maven Clinic.

Innovative Care Model and Services

Diana Health's model focuses on providing comprehensive women's health services through partnerships with hospitals. The company currently operates in collaboration with nine hospital partners across Tennessee, Florida, and Texas.

Key features of Diana Health's care model include:

• Integration of certified nurse-midwives with OB-GYNs and mental health professionals
• Extended appointment times and wraparound support services
• Outpatient clinics offering a wide range of women's health services
• Inpatient care focused on improving labor and delivery outcomes

The company's approach aims to address the pressing issue of maternal health outcomes in the United States, which currently lag behind other developed nations.

Technology Integration and Patient Engagement

Diana Health leverages technology to enhance patient care and engagement:

• A custom-built patient app integrated with AthenaHealth EHR
• Educational tools and goal-setting features within the app
• Telehealth capabilities for between-visit support
• Use of Ambience Healthcare's automated scribe for AI-assisted documentation

The company plans to further invest in AI technologies and enhance the insights provided to healthcare providers through its platform.

Kate Condliffe, co-founder and CEO of Diana Health, emphasized the company's focus on improving patient experience and care quality to build trust and loyalty among women. This approach has yielded impressive results, with Diana Health reporting a Net Promoter Score in the mid-80s and significant improvements in various perinatal indicators.