BlueCross BlueShield Venture Partners, Ascension Ventures and Echo Health Ventures are all set to exit patient management software producer Phreesia, which has raised $109m in VC funding.
US-based patient engagement technology provider Phreesia has filed for a $125m initial public offering that would enable corporate venturing units BlueCross BlueShield Venture Partners, Ascension Ventures and Echo Health Ventures to exit.
Phreesia produces software that helps a customer base of some 50,000 hospitals and other care providers such as nurse practitioners manage their intake of patients. It made a $15.1m net loss in the year leading up to the end of January 2019, from $99.9m in revenue.
The…
