• Evermind

  Participated · Series A · Nov 2014

  Evermind builds passive home-monitoring hardware that uses everyday appliances (eg, coffee machines and TVs) as proxies for human activity to detect deviations from routine without cameras or motion sensors. The system notifies caregivers via text message when activity patterns change. Devices connect over Verizon's cellular network so they do not require users to have Wi‑Fi. The company sells direct to consumers from its website and through home medical device retailers. Evermind also develops accessories for medical devices (lift chairs, ventilators) and plans to roll those accessories out to several at-home devices. The company was formed in 2012 by CEO and co-founder Dave Gilbert with five former Griffin Technology employees; Paul Griffin sits on Evermind’s board. Financially, Evermind closed a $2.5M Series A to fund marketing and to prepare for a Series B in early 2015.

• Change Healthcare

  Participated · Series D · Aug 2013

  Change Healthcare provides healthcare cost transparency and consumer engagement solutions that help consumers understand and utilize their healthcare benefits. The company serves a national client base of health plans and employers covering all 50 states. Established in 2007 and led by president and CEO Doug Ghertner, Change Healthcare is based in Brentwood, TN. The company closed a $15M financing to support growth. It intends to use the funds to expand sales and marketing efforts and accelerate product development. Its core products are designed to enable consumers to make informed healthcare purchasing decisions. Change Healthcare develops healthcare cost-transparency software, including its Transparency Messenger™ tool, and focuses on improving price visibility for stakeholders. The company completed a second closing of its Series C round, bringing the Series C total to $9.3M. Backers in the latest tranche include BlueCross BlueShield Venture Partners (BCBSVP) and Sandbox Industries, joining Mitsui & Co. Global Investment, Inc., the West Health Investment Fund, LLC, and existing investor Solidus Co. Solidus Co. invested in an initial closing in September 2011. Change Healthcare says it will use the funds to continue enhancing Transparency Messenger™. The company was founded in 2007 and is led by Chairman and CEO Howard McLure. Change:healthcare is a Nashville, Tenn.-based provider of Web-based health information. The company operates two “health 2.0” websites intended to help individuals better navigate the healthcare system. Its sites include FindYourDoc.com, a searchable database of doctors and hospitals, and MedBillManager, a fee-based service that helps individuals and families manage medical bills and insurance statements. The company raised $1 million in a first funding round. The investment firm Solidus, also based in Nashville, provided the cash. There was no formal release; the Nashville Business Journal reported the funding.

• Amplion Clinical Communications

  Led · Equity · Nov 2012

  Amplion Clinical Communications (formerly Dalcon Communication Systems) sells Amplion Alert, a wireless in-room clinical communications and closed-loop alert-and-response system. Amplion Alert sends care alerts as text messages to wireless phones and the nurses’ station, allows caregivers to accept assignments, and requires in-room confirmation to close the loop. The system is designed to reduce patient falls, pressure ulcers and alarm fatigue (the company cites up to 97% reduction), improve HCAHPS scores, and help hospitals track compliance with care protocols. Amplion reports early customer success, including Androscoggin Valley Hospital, which saw higher HCAHPS scores and no major falls in two and a half years after installation. The company plans to use its new financing to expand sales of the technology to hospitals nationwide. Amplion emphasizes that its solution supports staffing-ratio management and nurse retention by integrating documentation into clinical workflows.

No current team members are available.