HealthLoop is a patient engagement and care coordination business based in Mountain View, California. Its platform supports post-hospitalization follow-up and gathers patient-related outcomes after surgery, tracking physical therapy and home care visits. The company says its software improves communication between physicians and patients and has reduced adverse events and surgical complications. HealthLoop serves a mix of middle-market, single-specialty practices and hospitals, counting more than 70 hospitals and medical groups as customers. Financially, the company has completed the first close of an $8.4 million financing round and is expanding sales and marketing/commercial teams with the proceeds. It cites the CMS bundled payment program for joint replacement as a growth driver and sees applications of its platform for chronic conditions such as COPD, congestive heart failure, and diabetes. HealthLoop offers a cloud-based platform that automates how doctors engage with patients after visits, delivering clinical information and peer-reviewed follow-up plans. Its analytics engine parses patient data in real time to surface patients and clinical issues that require attention. The product aims to extend the doctor–patient relationship outside the exam room, reduce unnecessary in-office visits, and improve outcomes while saving doctors time. HealthLoop positions itself as complementary to EHRs and PHRs by focusing on realtime, actionable follow-up and patient monitoring. The company was founded by Dr. Jordan Shlain out of frustration with unreported symptoms between visits. With new funding, HealthLoop plans to ramp hiring, expand development of patient engagement and follow-up tools, and raise awareness among doctors.

Total raised

$18M

Funding rounds

2

Latest round

Equity

Latest activity

May 2017