conditions

LACERA Slashes Venture Capital Allocation Range Due to Market Conditions

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LACERA decreases venture capital allocation range, but experts say it doesn’t signal a trend Analysts say this is likely more of a one-off than a sign that LP interest in venture is waning. The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the pension system’s private equity portfolio, to between 5% and 25%. LACERA’s venture portfolio is currently 10.8% of the PE portfolio. “They aren’t going to cut their venture allocation.

Forta Secures $55M Investment to Promote Autism Care for Parents

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In a world where healthcare access is disproportionately skewed by geography and income, Forta Health raised a substantial round of funding to level the playing field a bit. Forta defends its approach, saying it differs in some substantial ways from the ABA approaches from the bad old days. Those are now very passé,” explains Christian Smith, co-founder and CMO at Forta Health, in an interview with TechCrunch. Forta Health wants to ensure that those parents have professional support and training to be able to give higher-quality care. Forta Health is exploring how to enhance family caregiving with technology, especially for chronic conditions and areas where the health system falls short.

“Revolutionizing Wellness: Amazon’s Newest Endeavor to Uncover Digital Solutions for Chronic Illness Management”

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Amazon announced today that it’s launching Health Condition Programs, a new initiative that aims to make it easier for people to discover digital health benefits to help manage chronic conditions like prediabetes, diabetes and high blood pressure. Digital health company Omada Health is Amazon’s launch partner for the new initiative. Omada Health’s over 20 million eligible members can now discover and enroll in Omada’s programs for diabetes prevention, diabetes, and hypertension through Amazon. Members can initiate a general coverage check via the Amazon Health webpage to see if they are eligible for a program. “Many people aren’t aware of the health care benefits they’re eligible for, that are typically no cost or subsidized by their employer or insurance plan.

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