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Tennr Raises $101M to Solve Healthcare’s Patient Referral ‘Black Hole’

  • Tennr, a company addressing the challenges of patient referrals in healthcare, raises $101M in Series C funding led by IVP with participation from other investors.
  • The company has significantly increased its revenue and aims to streamline the fragmented and manual patient referral process for specialty care.
  • More than one-third of Americans are referred for specialty care annually, leading to a disjointed referral process through fax, email, and e-portals.
  • Tennr's platform helps providers manage incoming patients efficiently without disrupting existing workflows.
  • Tennr introduces the Tennr Network, offering real-time visibility and coordination for all parties involved in the referral process.
  • Referring Providers can track the status of their patients, while Receiving Providers can monitor incoming referrals and improve conversion rates.
  • Patients benefit from increased transparency, knowing the status of their referrals, scheduled appointments, and expected costs.
  • Tennr's platform features an enterprise orchestration engine and specialized language models like RaeLM tailored for medical documentation analysis.
  • Trey Holterman, Tennr co-founder and CEO, emphasizes the importance of enhancing patient visibility in the healthcare journey without disrupting providers' workflows.

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