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Local startup funding, AMC VC, 👼s, dementia care...

Local startup funding, AMC VC, 👼s, dementia care...

Healthcare through a Kentucky lens. It's niche. But neat!

Andrew Steen
March 24, 2026

From our radar to yours…

RAAPID round

Making sure y’all didn’t miss this. Louisville-based RAAPID.

RAAPID Secures Series-A Extension to Scale Neuro-Symbolic AI-Powered Medical Coding

UPMC Enterprises joins M12 (Microsoft's venture fund) in backing RAAPID's compliance-first Clinical AI Platform for Medicare Advantage risk adjustment and medical coding.

www.businesswire.com/news/home/20260318977628/en/RAAPID-Secures-Series-A-Extension-to-Scale-Neuro-Symbolic-AI-Powered-Medical-Coding

UPMC Enterprises is the innovation, commercialization, and venture capital arm of UPMC, a $28 billion health care provider and insurer based in Pittsburgh, PA.

AMC VC investments

Related…

Venture Capital Investments by Academic Medical Centers in Health Care Companies

This cross-sectional study investigates how US academic medical centers used their own venture capital funds to invest in early-stage health care companies from 2014 to 2024.

jamanetwork.com/journals/jamainternalmedicine/article-abstract/2840371

As defined by Definitive Healthcare, “academic medical centers (AMCs) are hospitals that provide patient care and educate healthcare providers in partnership with at least one medical school accredited by the Liaison Committee on Medical Education (LCME) or the American Osteopathic Association (AOA).”

VC investment in neurology companies

“This study found substantial growth in VC investment in neurology companies.”

Venture Capital Investment in Neurology Companies

This cross-sectional study categorizes and quantifies temporal and thematic trends in investment in neurology from 2000 to 2023.

jamanetwork.com/journals/jamaneurology/fullarticle/2831632

Angels

“In this paper, we document the professional origins of angel investors and explore how different backgrounds shape investment strategies and performance.”

Where do angels come from?

Angel investing offers experienced entrepreneurs an opportunity to contribute to entrepreneurial ecosystems, with prior entrepreneurial experience bel…

www.sciencedirect.com/science/article/pii/S0929119925000835

👼

(Multi-)omics and AI

I’d add a big ‘ol dollop of GIS on there, too.

npj Digital Medicine publication on the “convergence of (multi-)omics and artificial intelligence is transforming precision medicine by enabling data-driven diagnostics, treatment prediction, and patient stratification.” And lagging regulatory frameworks.

https://www.nature.com/articles/s41746-026-02553-1

Y’all know UofL has a Center for Geographic Information Sciences, yeah?

Persons with dementia

This piece from UKNOW features work by Alaine E. Reschke-Hernandez, PhD, MT-BC with the IMAGN Lab.

UK study: ‘Person-centered care’ improves lives of dementia residents, caregivers

A new University of Kentucky study shows that prioritizing joy and engagement through enrichment activities is vital for the health of both residents and the caregivers who support them. This research highlights how advancing Kentucky’s health care means looking beyond standard measures to support the holistic well-being of the aging population.

uknow.uky.edu/research/uk-study-person-centered-care-improves-lives-dementia-residents-caregivers

“Staff also benefit from reduced stress and improved morale.”

Really interesting findings.

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