Healthfinch has just announced a $7.5M Series A funding round led by Adams Street Partners.
The company, which was founded in 2011 by Jonathan Baron and Lyle Berkowitz, has developed a software that automates routine tasks that physicians would other wise have to complete. For example, Healthfinch’s applications automatically fulfill medication requests and schedule appointments. To date, the technology is used by over 2,000 physicians who have completed over 2.6 million tasks using Healthfinch.
The most recent funding round will be used to launch a new framework called Charlie, a platform that will serve to link all of Healthfinch’s applications together. In addition, the Series A round will allow the company to hire additional engineers.
Healthfinch has now raised over $10 million in funding. You can read more about Healthfinch’s recent raise on Xconomy here.
Healthfinch recently completed a $1.5M financing round led by Jumpstart Ventures. Healthfinch has raised $2.8M total since its founding in 2011. Healthfinch focuses on automating and improving the routine, repeatable work that physicians and healthcare staff are tasked with. The company’s first product, Swoop, focuses on increasing the efficiency of prescription refill requests and is used by more than 1,000 doctors to process more than 1 million prescription refill requests since launching in 2012. Healthfinch intends to expand their product line in the coming year.
More information on this financing round can be found on Xconomy here.
Healthfinch won the grand prize in the nationwide Open App Challenge hosted by Allscripts. Nearly 100 developers submitted applications to “Start a Revolution” by creating innovative applications that integrate directly with Allscripts Open Electronic Health Records (EHR) software.
Healthfinch’s mission is to help increase quality and productivity by reducing non-reimbursable physician time and wasted staff time. The winning Healthfinch Refillwizard application is on its way to achieving this mission by providing a solution that automates prescription renewal requests. Check out the press release here and the Wisconsin State Journal article here.