MyCare Inc., a Westport, Conn.-based healthcare information technology company, has raised $1m in seed funding.
Backers include Connecticut Innovations, which committed $500k through its Seed Investment Fund, and Intersection Health Partners.
Led by CEO Matt Walton, MyCare provides software that helps hospitals improve healthcare information access and reporting. Its initial product, Smart Access to Medical Information (SAMI™), is a proprietary search engine tool that allows users to access data residing in any electronic medical record (EMR), and analyze that data in near real-time. It will assist users with clinical oversight, resource utilization, and performance/regulatory compliance. The product is layered with an institution’s existing core EMR systems and is “system agnostic” (compatible with virtually all EMR systems).
MyCare has developed four application modules in the SAMI solution:
– Real-time Core Measurement Compliance,
– Clinical Decision Support,
– Personalized Genomic Medicine, and
– Patient-Family Portal.
SAMI is currently being deployed within the Yale New Haven Health System, which consists of Yale – New Haven Hospital, Bridgeport Hospital and Greenwich Hospital.
In conjunction with the funding, Dan Wagner, CI director of investments, will join MyCare’s board of directors.