HealthSnap, a Miami, FL-based provider of a remote patient monitoring (RPM) and chronic care management (CCM) solution for healthcare providers, raised $25M in Series B funding.
The round, which brought the total amount to $48.5M, was led by Sands Capital, with new investments from Comcast Ventures, Acronym Venture Capital, and Florida Opportunity Fund. Existing shareholders, Asclepius Growth Capital, Florida Funders, MacDonald Ventures, and TGH Ventures also participated. Scott Frederick, a Managing Partner at Sands Capital, will join HealthSnap’s board of directors.
The company intends to use the funds to continue assembling its national clinical team, accelerate its product roadmap to meet market demand for care in the home, and begin building its AI-powered population health and analytics solution. HealthSnap is actively hiring for care navigator nurse positions, customer success managers, and patient enrollment specialists.
Led by CEO Samson Magid, HealthSnap provides an integrated virtual care management platform that helps healthcare organizations improve patient outcomes, reduce utilization, and diversify revenue streams. HealthSnap offers a way to manage chronic conditions remotely, from chronic disease-agnostic remote patient monitoring (RPM) and chronic care management (CCM) to AI-guided care coordination, virtual care delivery, patented billing tools, population analytics – and more.
During 2023, the company announced health system partnership expansions with UnityPoint Health and Prisma Health, supported by improved clinical outcomes data across various chronic conditions such as hypertension, heart failure, obesity, and Type 2 diabetes.
FinSMEs
21/02/2024