BaseHealth, a Sunnyvale, Calif.-based creator of a predictive, evidence-based, and data-driven population health management solution, raised $8.5m in funding.
The round was led by HBM Healthcare Investments (SIX HBMN), a listed healthcare investment company with net assets over $1 billion, which committed $2.5m.
The company intends to use the funds to further develop its analytics engine.
Founded in 2011 and led by Jason Pyle, CEO, BaseHealth provides an analytics engine, which is based on peer-reviewed medical literature, curated by physicians and scientists, and enhanced with laboratory, biometric, social, family history and behavioral data.
The company supplements this with retrospective claims and ICD data. The data is then passed through the analytics engine, which uses machine learning and artificial intelligence (AI) to assess patient risk for 43 possible disease threats.
The proprietary platform offers healthcare providers the ability to identify patients with underlying risks for 43 chronic diseases and prevent costly treatments before they’re needed.
FinSMEs
18/10/2017