Tonic Health, a Palo Alto, Calif.-based patient engagement and medical data collection company, received a venture investment from Hearst Health Ventures (a unit of Hearst Corporation).
The amount of the deal remained undisclosed. As part of the investment, Ellen Koskinas, managing director of Hearst Health Ventures, will join the Tonic Health Board of Directors.
The company intends to use the funds to strengthen and expand its platform.
Led by Sterling Lanier, CEO and co-founder, Tonic Health offers an iPad®- and Web-based data collection platform for patients and an enterprise-level data management platform for hospitals and health systems. The solution includes a survey builder that allows providers to create, manage and edit all surveys and forms across their entire enterprise.
Customers include a broad range of enterprise health systems, including Partners HealthCare, New York Presbyterian, Medstar Health, UCLA Health, UC San Francisco, the Veterans Health Administration, Seattle Children’s Hospital, Kaiser Permanente, Lucile Packard Children’s Hospital at Stanford, etc.
FinSMEs
02/03/2014