careMESH, a healthcare communications platform that enables hospitals and clinicians to share patient data with any other U.S. healthcare provider, raised $5 million in a Seed funding round.
Assurance Capital and Pavey Family Investments co-led the financing round, with participation from early-stage investors.
careMESH plans to use new funds to scale adoption of its integrated healthcare communications platform, which connects healthcare workflows into a single service for hospitals, health systems, and other healthcare delivery organizations.
The company says its cloud-based services reduce the reliance on traditional systems such as fax and phone calls, allowing hospitals, health systems, health information exchanges, public health agencies, and physician groups to communicate about patients and maintain complete control over when and where information is shared.
The Reston, Virginia-based startup, claims its platform features over 5.1 million individual practitioners and organizational directories with detailed information. It also enables healthcare organizations to share medical records, referrals, admit/discharge notifications, image files, messages, and more with anyone in the directory.
“We are committed to helping healthcare organizations implement modern solutions to further interoperability and help drive care team communication and collaboration to improve patient outcomes ultimately. With the support of this distinguished and collaborative group of investors, we are scaling our market reach and our ability to provide an excellent implementation and support experience to each healthcare organization we serve,” said Dr. Peter S. Tippett, Founder, and CEO of careMESH.
Forty-five health information exchange companies have raised over $500 million since 2010, according to Mercom data.
More recently, the data integration and interoperability platform Abacus Insights raised $35 million Series B funding. Blue Venture Fund, a corporate venture fund sponsored by the Blue Cross and Blue Shield Association, led the financing round, with participation from existing investors, including Charles River Ventures (CRV), .406 Ventures, Horizon Healthcare Service, and Echo Health Ventures.
Image credit: careMESH