Health Data Vision, Inc., a Glendale, CA-based healthcare analytics company, closed a Series A financing round.
The amount of the transaction was not disclosed.
Backers included GRP Partners and Redhills Ventures.
Led by Michael Klotz, President and CEO, HDVI provides health plans and providers across the United States with a SaaS-based healthcare analytics platform for medical record analysis and targeted solutions for HEDIS® Hybrid, Medicare RAPS, RADV and ACO Quality review initiatives.
The company intends to use the capital to scale operations, develop new software and services and expand its sales and partner channels.
It plans to build out its SaaS platform and add new capabilities, which include self-provisioning for clients and partners, scale and automate the electronic records retrieval capabilities it has already introduced in partnership with MEA, and expand real-time analytics for clinical data and process metadata.
The next major release will also include mobile/tablet capabilities for executive, management and clinical users.
FinSMEs
06/02/2013