ChartSpan Medical Technologies, Inc., a Greenville, South Carolina-based provider of patient care coordination services, closed a $16m venture capital funding.
The round was led by Cypress Growth Capital and included existing investors.
The company intends to use the funds to grow its presence in the the Appalachian region. ChartSpan has created more than 200 jobs in the past 15 months. With the funding, the company expects to create 300 additional jobs in the next 18 months.
Founded by brothers Patrick (CMO) and Jon-Michial Carter (CEO), ChartSpan provides patient compliance management and care coordination services to health systems and ambulatory practices throughout the U.S. The company’s patient engagement solutions aim to enable medical providers to maximize reimbursements, improve care coordination and ensure Merit-Based Incentive Payment System (MIPS) and Advanced Payment Model (APM) compliance.
Graduated from the Iron Yard’s Health Accelerator program, sponsored by Mayo Clinic, in 2013, ChartSpan became #1 most downloaded medical app in the U.S. for iOS in 2014, 2015 and 2016, was named among the Top 10 most innovative companies in America and a Top 10 digital health startup to watch.