Diana Health Launches With $11 Million Funding

NEW YORK — Diana Health, a healthcare provider redesigning maternity and women’s health in partnership with leading health systems, has launched with $11 million in Series A financing and a collaboration with TriStar StoneCrest Medical Center, part of HCA Healthcare, one of the largest hospital systems in the U.S. The funding, co-led by LRVHealth and .406 Ventures, with participation from existing investor AlleyCorp, will be used to launch Diana Health’s first locations in 2022 and expand the company’s technology platform.

Diana Health works directly with hospital leadership to reimagine their women’s health programs by bringing together a tech-enabled, individualized care experience with a clinical redesign of labor and delivery. Using its evidence-based care model, Diana Health works with health systems to enhance the care experience for both patients and clinicians while improving outcomes and controlling costs. The company will open its first physical location and launch its first end-to-end maternal care program with TriStar StoneCrest in Smyrna, TN in the coming weeks.

“The care we receive as women, particularly during pregnancy and birth, has the potential to impact population health across generations while building lifelong connections between a family and their healthcare provider,” said Kate Condliffe, Co-Founder and CEO of Diana Health. “Traditional care models can make it challenging for providers to embrace this opportunity. That’s why we are completely restructuring care programs to provide engaging, whole health support that will drive meaningful change in the lives of women and families.”

Diana Health helps health systems transform their care programs and build trusting relationships with women and families using integrated care teams, an engaging digital platform and an evidence-based and patient-centered care program. This gives an advantage to systems who are looking for comprehensive prenatal and postpartum care solutions that are good for women and good for providers.

Louis Caputo, the Chief Executive Officer of TriStar StoneCrest, said, “Diana Health’s unique program offers operational assistance through their dedicated specialists for labor and delivery. By working together to support our maternity colleagues and our patients, we enhance outcomes for both mother and baby, offer more personalized delivery options and provide healthier tomorrows to every mother and baby. Diana Health does this through a new model of care that elevates quality and helps us to become the destination for women looking for a modern, individualized care experience in our community.”

“We have been looking for an elegant solution in the women’s health space for over seven years,” said Payal Divakaran, Partner at .406 Ventures. “What excites us about Diana Health is that not only will their care model dramatically improve outcomes and fill gaps in the patient experience, but also that their end-to-end approach is the first win-win solution for patients, providers, health systems and payers alike. They are well-positioned to rapidly scale and to set a new standard of care for maternity care.”