MD Revolution, a San Diego, CA-based provider of chronic care management (CCM) and patient engagement solutions, completed a $23m financing round.
The round was co-led by Jump Capital and a global healthcare technology company. In conjunction with the funding, Garrett Vygantas, MD, Partner, Jump Capital, will be joining MD Revolution’s board of directors along with Jackie Kosecoff, PhD, the former CEO of $18B Optum Rx and currently Senior Advisor at Warburg Pincus, and a Board member at Athena health, an MD Revolution partner.
The company has raised over $30m in total funding.
Founded in 2011 by CEO Samir Damani, MD, PharmD, FACC, a practicing cardiologist, MD Revolution provides a digital health solution, RevUp, which empowers people through personalized interactions with certified clinicians. The company’s platform, which works with physician practices, health systems, and accountable care organizations, integrates with a practice’s electronic health record (EHR) to create a patient care plan and make it available. Using this care plan, clinicians act as a trusted extension of the physician to engage patients through earlier detection of health issues, medication compliance, nutrition, and fitness advice. RevUp’s mobile and web interfaces enable constant two-way communication with patients and MD Revolution clinicians. It integrates health information from EHRs, digital sensors, fitness trackers, paper based logs, and telephonic surveys.
The company now serves over 100 practices and plans to add hundreds of additional practices representing several hundred thousand patient users next year.