(Photo via @careMESHinc on Twitter)
Reston, Virginia-based careMESH, curator of a healthcare communications platform, has closed on a $5 million seed funding round led by Assurance Capital and Pavey Family Investments.
Dr. Peter S. Tippett, founder and CEO of careMESH, launched the company four years ago with a mission to improve healthcare communications with technology by streamlining patient information and maintaining data privacy.
The company plans to use the fresh funding to scale adoption of its platform, which is equipped with a national provider directory, secure communication and patient notifications. Outside of the lead investors, careMESH’s seed round also secure investments from other undisclosed early-stage investor funds and individuals.
“CareMESH is challenging the status quo and creating new ways of using established technology standards to dramatically improve how healthcare communicates,” said Matt Morrison of Assurance Capital in a press release. “They have the model that will make the most of their customers’ investments in EHRs [electronic health records] and other large IT systems, while bringing new flexibility and reach to the table.”
CareMesh reports that its national provider directory has more than 5 million individual practitioner and organizational listings, which includes information about location, medical licensing, specialties and more. The platform’s delivery manager allows healthcare organizations to share medical records and other health information with anyone in the directory, even if the receiving healthcare professional isn’t subscribed to careMESH’s service.
This seed round is the first major funding raise for the company.
“We are committed to helping healthcare organizations implement modern solutions to further interoperability and help drive care team communication and collaboration to ultimately improve patient outcomes,” Dr. Tippett said in a statement. “With the support of this distinguished and collaborative group of investors, we’re scaling our market reach and our ability to provide an excellent implementation and support experience to each healthcare organization we serve.”-30-
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