Aligned TeleHealth Gets $12M

Calabasas-based Aligned TeleHealth, a provider of telemedicine services, said this morning that it has raised $12M in a Series A funding round. The funding came from SV Life Sciences (SVLS). The company said the funding will go towards acquisition, business development, recruitment, and towards its technology infrastructure. Michael Baluth and Gene Hill, both of SVLS, have joined Aligned TeleHealth's board of directors. Aligned TeleHealth offers up its telemedecine services--including psychiatric specialty physician consultations--to acute-care hospitals, emergency rooms, skilled nursing facilities, and correctional institutions. The startup is led by Nitin Nanda, M.D. More information »