The Venture Codex

Participated · Series B · Feb 2010

PatientSafe Solutions builds the PatientTouch® mobile platform to unify clinical communications with critical workflows in a single application. PatientTouch consolidates text, talk, alerts, EMR data, clinical workflows and customizable care interventions into one mobile app that extends an organization’s EHR and clinical infrastructure. The company reports that PatientTouch is used by more than 80 leading healthcare institutions and has helped clinicians both in and outside the hospital streamline care delivery, increase quality, and lower costs. Founded in 2002 and based in San Diego, PatientSafe plans to use newly raised funding to scale operations, accelerate sales and customer success, and drive further innovation in clinical communications and care delivery. Leadership also plans to expand go-to-market capabilities and identify product acquisition opportunities to strengthen its enterprise offerings. PatientSafe emphasizes delivering measurable safety and quality improvements and building a patient-centric communications and workflow network that unifies the patient, family, and care team across the continuum of care. PatientSafe Solutions develops the PatientTouch system, a smart point-of-care mobile platform that pairs customized Apple hardware (eMMA handheld) with software to improve clinician workflow and ensure accurate medication administration. PatientTouch consolidates EHR data into a single mobile system and includes features such as barcode positive patient identification (PPID), streamlined mobile data entry, voice-over-IP communication, HIPAA-compliant messaging, and a unified task/inbox. The company reports over 75 implementations in the United States and says the PatientTouch system has supported over 300 million medication administrations; its Blood Product Administration module has received FDA 510(k) clearance. PatientSafe has recently expanded into the Asia Pacific market and received an investment from EDBI. The company is pursuing further international growth via partnerships and reseller agreements, including an exclusive Canadian reseller arrangement with TELUS Health. Management positions the technology as a tool to reduce costs, improve clinical productivity, and drive better patient outcomes. PatientSafe Solutions develops the PatientTouch System, a smart point-of-care mobile solution that integrates Apple iPhone 5 and iPod touch hardware with software to improve clinician workflow, medication administration accuracy, and care coordination. Capabilities include barcode positive patient identification (PPID), streamlined mobile data entry, voice-over-IP communication and HIPAA-compliant text messaging, a unified task and interventions inbox, and respiratory therapy workflows. Its PatientTouch Blood Product Administration module documents and verifies blood transfusions and phlebotomy specimens and received FDA 510(k) clearance. The company intends to use new capital to drive further U.S. adoption and expand into the Asia Pacific healthcare market. As part of APAC expansion, PatientSafe will consolidate hardware manufacturing and its global supply chain in Singapore and establish a local presence to support product innovation and commercialization, while keeping primary product development and design teams in San Diego. The company is led by president and CEO Joe Condurso. PatientSafe Solutions, based in San Diego, develops smart point-of-care mobile solutions for hospitals and health systems. Its flagship PatientTouch platform includes a series of clinical workflow and documentation applications such as barcode positive patient identification (PPID), patient-centric care interventions, clinical communications, and collaboration. The company says its products enhance patient safety, optimize EMR investment, and increase clinician efficiency and satisfaction. PatientSafe closed a $20 million Series C to drive hospital and health system adoption of its mobile solutions. Future planned mobile products will focus on delivering more value under Meaningful Use guidelines, Value-Based Purchasing programs, and on cost removal for health care systems. The company has received recognition in industry lists, including Wall Street Journal and Forbes rankings in 2011–2012. PatientSafe Solutions is a San Diego–based designer of integrated hardware and software patient safety solutions intended to reduce hospital-based medical errors. The company is developing the PatientTouch System, a platform aimed at providing a last line of defense against preventable errors at the point of care. PatientTouch targets medication errors, hospital-acquired infections and patient falls by optimizing clinician workflows and enabling patient engagement. The new funds will be used to complete development of the PatientTouch System and to further commercialize PatientSafe’s solutions in the U.S. hospital market. The company presents its offering as a combination of clinician workflow optimization and patient engagement tools to address safety gaps at bedside. The firm reported closing a financing to advance product development and commercialization.