CareSkore, a Mountain View, CA-based predictive population health management company, raised $4.3m in initial funding round.
Backers included Cota Capital, Storm ventures, Rising Tide Fund and Liquid 2 Ventures.
The company, which graduated from Y Combinator in 2016, will use the funds to continue to develop its solutions and expand operations.
Co-founded in 2014 by Chief Medical Officer Dr. Puneet Dhillon Grewal, MD, and Chief Executive Officer Jaspinder Grewal, CareSkore provides a health management solution which uses predictive analytics to improve clinical and financial outcomes through personalized, real-time interventions of diverse patient populations.
It allows users to measure the clinical and financial risk of hospital patients based on their electronic medical record and claims data. This allows the hospitals to focus on patients that need the most care and management, both in hospital and after discharge. as a direct response to the Affordable Care Act which holds hospitals and providers accountable for the quality of care they provide.