Skylight Healthcare Systems provides interactive patient care systems designed to support patients from pre-admission through post-discharge. The company helps customers address patient education, service delivery, and essential information flows to enhance the patient experience. Headquartered in San Diego, CA, Skylight sells solutions to hospitals and other healthcare providers. GE Capital, Healthcare Financial Services is serving as administrative agent and sole lender on a $10 million senior secured multi-draw term loan to the company. Skylight intends to use the financing primarily for capital expenditures associated with new hospital contracts and for other corporate purposes. Company executives characterized GE Capital as a flexible, knowledgeable lender supportive of their growth amid changes in healthcare and rising demand for patient engagement solutions. Skylight Healthcare Systems builds the CareNavigator interactive patient-care platform for both in‑patient and ambulatory settings, delivering individualized "CareMaps" and web-based engagement before admission, during stay, and after discharge. The platform provides patient education, reminders, forms, follow-up services, and outcome reporting intended to improve HCAHPS scores and reduce readmissions. Skylight positions CareNavigator as a tool to connect patients and clinicians across the continuum of care and to monitor long-term outcomes and hospital operations. The company says patients are better prepared for procedures, experience smoother recoveries, and remain connected to clinicians via the system. Skylight plans to use new funding to accelerate product development, marketing, and sales and to develop the next generation of CareNavigator. The company reports it is profitable and cash-flow positive.

Total raised

$15M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Jul 2013