Appriss Health is paying a reported $500m to buy healthcare collaboration platform developer PatientPing, allowing Alphabet's GV to exit.

Healthcare coordination software provider Appriss Health agreed yesterday to acquire PatientPing, a US-based healthcare collaboration software provider backed by internet and technology group Alphabet, for $500m according to PE Hub.

PatientPing has built an online platform that allows professionals across a network that includes more than 1,250 hospitals and 7,000 post-acute care facilities to communicate with each other and collaborate on patient care.

The company had received about $101m as of a $60m series C round in June 2020…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.