After seeing the challenges of rural hospitals firsthand, Jack O’Hara set his sights on transforming the financials of healthcare.

Translucent, the AI platform for healthcare finance, today announced a $27 million Series A funding round led by GV (Google Ventures), with continued participation from NEA, Virtue, and FPV Ventures.

Healthcare providers across the country are slipping into the red as they grapple with ongoing financial pressures, including shrinking reimbursement rates and climbing supply costs. The startup, ...