USA – PatientPing, a Boston, MA-based care collaboration and e-notifications platform, raised $60m in Series C funding.
The round, which brought total funding to over $100m, was co-led by Andreessen Horowitz, F-Prime Capital, GV (formerly Google Ventures), and Transformation Capital, with participation from existing investors. The company intends to use the funds to accelerate expansion to new geographies and extend capabilities. Led by Jay Desai, CEO, PatientPing is an innovative care collaboration platform that enables providers to collaborate on shared patients through a comprehensive suite of solutions and allows provider organizations, health plans, governments, individuals and the organizations supporting them to leverage real-time patient data to reach their shared goals of improving the efficiency of our healthcare system. Powered by a large network of Admission, Discharge, Transfer (ADT) data, PatientPing connects thousands of healthcare providers and health plans across the continuum of care. 1,000+ hospitals, and 5,000+ post-acute care facilities are currently connected through it. In addition to expanding its Pings network for e-notifications, PatientPing recently added two new solutions to its enterprise care collaboration product suite, Callouts and Spotlights. Providers and health plans can use Callouts to improve patient engagement and enroll patients in available programs and supplemental benefits. Spotlights, a real-time network performance management tool, enables providers to view dashboards to monitor network wide utilization patterns, performance trends and intervene. The company also introduced a COVID-19 Flag feature, which enables providers to identify and monitor presumptive COVID-19 patients’ ADT data in real time by alerting providers via text, email, and within the PatientPing web app whenever patients experiencing COVID-19-like symptoms have care events. 09/06/2020
