Virtual Health, a NYC-based provider of health care technology, received a venture capital investment of undisclosed amount.
The round was led by Edison Partners.
The company intends to use the funds to expand business and technology development efforts.
Led by Adam Sabloff, CEO, Virtual Health provides a cloud-based population health management platform that delivers a 360-degree patient view and enables collaboration across the full care continuum. The platform supports real-time analytics-driven care, disease and utilization management and includes data integration and a modular architecture.
Commercially launched in 2014, Virtual Health currently manages nearly 1.5 million patients across Medicaid, Medicare, and commercial populations.
Customers include national and regional health plans, large self-insurers, managed care organizations such as NextLevel Health, human services agencies such as Services for the Underserved, accountable care organizations such as Altus ACE, medical facilities such as Parker Jewish Institute, and municipalities such as Town of North Hempstead, NY, among others.