MedVirginia, Inc., doing business as Clareto, a Richmond, VA-based health information exchange company, closed a Series A financing of undisclosed amount.
The round led by Health Catalyst Capital Management.
The company intends to use the funds to accelerate growth of its proprietary health data network to a national scale, comprising public and private health information exchanges (HIEs), provider organizations, technology vendors, and other sources.
Led by Dave Dorans, CEO, Clareto is a digital health and insurtech company that enables life insurers to participate in standards-based exchange of electronic health data – subject to patient consent via HIPAA-compliant authorizations – with the goal of transforming the outdated underwriting process.
Clareto also operates MedVirginia, a federated HIE offering query-based document exchange and results routing services to participating healthcare providers throughout Virginia and beyond.