Novocardia

New York, United States Founded: 2020 • Age: 6 yrs
Provider of value-based cardiovascular care models. It develops and implements models that improve the quality, cost, and patient experience of cardiovascular care. This includes programs for heart failure management, site-of-service optimization, and care transition interventions. The models utilize technology and analytics to enhance care coordination, reduce hospitalizations, and improve efficiency. Partnerships with physicians and payers are key to its approach, focusing on achieving better outcomes at a lower cost.

About Novocardia

Novocardia is a Healthcare company based in New York (United States) founded in 2020. Novocardia has raised $53.7 million across 1 funding round from investors including Deerfield. Novocardia offers products and services including Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program. Its focus areas include Clinic Chains, Specialty Clinics and Cardiology. Its legal entity is Cardiovascular Associates of America. Its competitors include HeartPlace, National Cardiovascular Partners and Cardiovascular Institute of Central Florida.

Company details

Novocardia was founded in 2020 in New York, United States, within the healthcare sector focused on cardiovascular services. Value-based care models are developed and implemented to address heart failure management, site-of-service optimization, and care transition interventions. Technology and analytics are employed to support care coordination, reduce hospitalizations, and enhance operational efficiency. Partnerships with physicians and payers are established across the United States to facilitate better patient outcomes at reduced costs.

  • Headquarters New York, United States
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website novocardiahealth.com
  • Social LinkedIn X Facebook
  • Legal Name Cardiovascular Associates Of America
Key Metrics
  • Total Equity Funding
    $53.7M (USD)

    in 1 rounds

  • Latest Funding Round
    $53.7M (USD), Series A

    Jun 2021

  • Investors

Products & Services of Novocardia

Novocardia offers a comprehensive portfolio of products and services, including Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program.

Longitudinal Heart Failure Program
Patient Care Program

Supports heart failure patients with monitoring and self-management to prevent hospitalizations.

Site-of-Service Management
Resource Optimization

Manages locations for cost-effective imaging and procedures while maintaining quality.

Care Transitions Intervention
Coordination Service

Facilitates smooth transitions between care settings to reduce unnecessary visits.

Same Day Access Program
Access Service

Provides prompt specialist appointments for timely cardiovascular care delivery.

Funding Insights of Novocardia

Novocardia has successfully raised a total of $53.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $53.7 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $53.7M
  • Total Rounds 1
  • Last Round Series A β€” $53.7M
  • First Round $53.7M

    (Jun 2021)

  • Investors Count 1

All 1 funding rounds of Novocardia with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2021$53.7MSeries A–Deerfield
–
Valuation history

1 investors in total: 1 institutional.

Investors in Novocardia

Novocardia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Deerfield.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Healthcare ecosystem is supported through investment and innovation by Deerfield.
deerfield.comNew York, United States
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Investor details for Novocardia

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People of Novocardia

12 people are tracked at Novocardia (5 in leadership, 7 in board & advisors).

NameRoleGroup
Kathryn Hughes
Acting Chief Marketing OfficerLeadership
Michael Petit
CFO & COO, Traditional Practice Management ServicesLeadership
Julius Torelli
Co-Founder & Chief Medical OfficerLeadership
Brian Richards
VP, IT & Business SystemsLeadership
Jesse VanGeison
VP, Central Operations & IntegrationLeadership
Harry Aldrich
DirectorBoard & advisors
David J. Jacofsky
DirectorBoard & advisors
Dinesh Pubbi
DirectorBoard & advisors
Steve Anastos
DirectorBoard & advisors
Hoangmai Pham
Scientific AdvisorBoard & advisors
Michael R. Jaff
DirectorBoard & advisors
Gaurov Dayal
Scientific AdvisorBoard & advisors
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Complete people profiles for Novocardia

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Timeline of Novocardia

2 dated milestones of Novocardia across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Novocardia is founded.
  2. Funding First funding round of $53.7M.

Competitors of Novocardia

Novocardia has 3 listed competitors in our database. They include HeartPlace, National Cardiovascular Partners and Cardiovascular Institute of Central Florida.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
heartplace.com1961Dallas, United States
A chain of cardiology clinics is operated nationwide.
ncplp.com2004Houston, United States
Chain of general clinics
cvicfl.com2006Ocala, United States104
Offers cardiology care including diagnosis and treatment of heart conditions.
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Detailed competitors of Novocardia

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Web traffic of Novocardia

The website of Novocardia (novocardiahealth.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 11.6% vs previous month

Top companies in Hospitals & Clinical Care

3 companies that operate in the same segment as Novocardia (Hospitals & Clinical Care) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-specialty hospitals and surgery centers are operated nationwide.
1968Nashville, Tennessee, United StatesUSD 97.27 MUSD 75.6 B316,000
Standalone veterinary clinics are operated for pet care services.
2017New York, New York, United StatesUSD 98.5 M
Healthcare services, research, education, and community support are provided.
1942United States
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Related news about Novocardia

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Frequently Asked Questions about Novocardia

Novocardia was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Novocardia is headquartered in New York, United States. It is registered at New York, New York, United States.

Novocardia is a funded company, having raised a total of $53.7M across 1 funding round to date. The company's 1st funding round was a Series A of $53.7M, raised on Jun 2021.

Novocardia was founded in 2020 in New York, United States, within the healthcare sector focused on cardiovascular services. Value-based care models are developed and implemented to address heart failure management, site-of-service optimization, and care transition interventions. Technology and analytics are employed to support care coordination, reduce hospitalizations, and enhance operational efficiency. Partnerships with physicians and payers are established across the United States to facilitate better patient outcomes at reduced costs.

Novocardia offers Longitudinal Heart Failure Program, Site-of-Service Management, Care Transitions Intervention, and Same Day Access Program.

Novocardia has 1 investor. Key investors include Deerfield.

Novocardia operates through Cardiovascular Associates Of America.

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