eCaring, a New York-based health care company that provides a cloud home care management and monitoring system, recently secured $3.5m in Series A funding.
The round was led by Ascent Biomedical Ventures, joined by private investor Stephen Jackson, who will be joining the board.
The company intends to use the funds for product development as well as the expansion of sales and marketing efforts in the the enterprise markets of managed care plans, payers, home health agencies, hospitals and other health care organizations.
Led by Robert M. Herzog, founder and CEO, eCaring provides a cloud-based care coordination system that generates real-time clinical, behavioral and medication adherence data from a patient’s home. The solution aims to allow home care aides, family caregivers and patients, to enter information including medication intake, vital signs, sleep and diet patterns, and critical events, and doctors, care managers, family members or any member of a patient’s care team to access this info in real time and receive alerts when situations require immediate attention.
Clients include Senior Health Partners, the Managed Long Term Care Plan of Healthfirst, Jewish Home Lifecare, Beth Israel Medical Center, Metropolitan Jewish Health System, and others.
FinSMEs
16/04/2014