Blue Cross affiliate Stella Development invests in startups
The investment this month backs Fusionetics, a company that's focused on "musculoskeletal performance health care" and is part of a sports medicine, research and performance facility in
"At Stella, our strategy is driven in large part by our desire to combine innovative solutions with an ability to make tangible impact on those we serve," said
Dr.
In May, the subsidiary called
In a news release at the time, Stella said the products from Talix "transform complex data into actionable intelligence that drives improved coding efficiency and accuracy -- leading to better patient outcomes, more accurate reimbursements and reduced costs."
Fusionetics offers applications accessed through computers or personal digital devices that are "designed to reduce injuries, decrease pain, optimize performance and speed recovery," the company said in a statement.
Last year, Stella reported net income of
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