Cohere Health

In the 1st quarter of 2021, Deerfield invested in Cohere Health through its Series B financing. Cohere is a healthcare data-platform company built to streamline and automate the prior authorization workflow for patients. The ability to create this streamlined service has produced savings for payors and is being mandated by CMS through greater visibility into payor policies and the interchange between payer and providers, as well as the ability for patients to see the status updates within 24-hours. The funding will be used to support growth and product development.