General Electric and RELX were among the investors that supplied the risk management software provider with capital as it spun out from Healthline Networks.
Health information and technology provider Healthline Networks has spun out patient risk management software subsidiary Talix with $14m of funding from investors including data provider RELX.
RELX, which invested through its Reed Elsevier Ventures unit, was joined by industrial product manufacturer General Electric, Investor Growth Capital and VantagePoint Capital Partners.
Formed as a subsidiary of Healthline in January 2015, Talix released its risk adjustment software application, Coding InSight, in June and has since signed up several customers from healthcare provider…
