NexHealth, a San Francisco-based startup targeted on the affected person expertise, introduced a $125 million Sequence C funding spherical. Buckley Ventures led the spherical with participation from Lachy Groom, Jack Altman, Scott Belsky, Shreyas Doshi, Eric Glyman, Shahed Khan, Packy McCormick and Rahul Vohra.
This information comes lower than a 12 months after the corporate introduced a $31 million Sequence B spherical. The brand new infusion of money brings the corporate’s complete valuation to $1 billion.
WHAT THEY DO
The corporate created a affected person expertise platform that is ready to combine with well being system’s apply administration programs. The software can be utilized for scheduling, critiques, waitlists and advertising campaigns.
Suppliers may use the software for two-way texting and electronic mail capabilities, HIPAA compliant messaging, affected person kind requests and automatic reminders. Well being programs can use the software for on-line funds and reviews and analytics.
The corporate mentioned that its “common API integrates healthcare information from many EHR programs.”
WHAT IT’S FOR
The corporate plans to make use of the brand new money to develop its workforce and develop a brand new doctor-facing platform. The California startup additionally plans to develop its integrations with apply administration programs and EHR suppliers.
“NexHealth has already established itself because the main affected person expertise software program platform throughout a vital juncture available in the market the place the suppliers who’re prioritizing know-how are successful,” Josh Buckley, founding father of Buckley Ventures, mentioned in an announcement. “We’re excited to accomplice with NexHealth as they set up the know-how basis on which the way forward for healthcare might be constructed.”
MARKET SNAPSHOT
Expertise is altering the best way that sufferers search and work together with care. Many tech-first corporations wish to make scheduling and speaking with well being programs simpler. For instance, tech big Google launched a brand new perform earlier this 12 months that’s designed to provide customers a listing of obtainable appointments when looking for a particular supplier.
Moreover, Doximity, a supplier networking software, acquired on-call doctor scheduling and messaging software Amion. Additionally within the M&An area, medical scheduling firm Phreesia bought affected person engagement firm Insignia Well being for an undisclosed sum in December.