Circulation, a Boston, MA-based on-demand non-emergency healthcare transportation company, raised $10.5m in Series A financing.
The round was co-led by Flare Capital Partners and The Providence Service Corporation with participation from Boston Children’s Hospital, Echo Health Ventures (a strategic collaboration of Cambia Health Solutions and Mosaic Health Solutions), Intermountain Healthcare Innovation Fund (a strategic investment vehicle of Intermountain Healthcare, managed by Healthbox), Humana, and NextGen Venture Partners.
The company intends to use the funds to further accelerate expansion and growth across the country.
The company, which launched under a year ago, recently confirmed significant growth and momentum and has almost 50 clients across 1,000 top-tier hospitals, clinics, community health centers, and other healthcare facilities nationwide. It has also reported major industry advancements in cost savings, patient satisfaction ratings, and appointment adherence improvements.
Led by Robin Heffernan, Ph.D., CEO, Circulation provides a digital platform to coordinate convenient non-emergency transportation for all areas of healthcare. It is utilized by patients, caregivers, providers, staff, and volunteers and is compliant with the Health Insurance Portability and Accountability Act (HIPAA) to protect the privacy and security of its patients and clients.
The platform integrates with Uber’s API as well as other ride providers.
FinSMEs
25/07/2017
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Melissa Sheridan, 415-609-6875
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