RightCare Solutions, Inc., a Philadelphia, PA-based medical technology company, secured $5.0m in Series B funding.
The round was led by existing investors Domain Associates, LLC and Compass Partners, LLC.
The company intends to use the funds to expand its sales, marketing, and operations efforts.
Led by Eric Heil, co-founder, President & CEO, RightCare Solutions provides software for risk stratifying any patient at admission. Its proprietary technology, Discharge Decision Support System (D2S2), which was developed through a decade of research conducted at the University of Pennsylvania School of Nursing, utilizes evidence-based technology to optimize care transitions and enable continuous point-of-care decision support.
Since its Series A round of funding last year (see related news), the company has completed a number of implementations with academic health systems.
11/10/201: RightCare Solutions Raises $1.75m in Series A Funding