Bivarus, a Durham, N.C.-based patient-centered analytics company, raised $4m in Series B funding.
The round was led by Hatteras Venture Partners with participants from Excelerate Health Ventures, Nashville-based NueCura Partners and Boston Millennia Partners.
The company intends to use the funds to hire approximately 10-15 new employees locally over the next year, continue expanding its customer base and enhancing its data visualizations and advanced analytics to allow customers identify insights and improve services.
Led by Dave Levin, CEO, Bivarus provides a cloud-based patient-centered analytics platform that works with healthcare organizations to measure and analyze the patient experience and employee engagement, to identify service issues at their root cause, to evaluate provider performance and to track quality improvement efforts.
Its customer base includes over 150 hospitals, physician practices and surgery centers including such organizations as Mission Regional, Butler Health, CEP America, Tennessee Oncology and others.