Boston, Mass. (December 6, 2016) – PatientPing, a health technology company that connects providers to seamlessly coordinate patient care, announced today that it has received $31.6 million in Series B funding led by Silicon Valley firm Andreessen Horowitz and Boston-based Leerink Transformation Partners (LTP). The funding will help fuel the company’s rapid expansion into new geographies and accelerate the development of product enhancements. PatientPing also plans to at least double the size of its team by actively hiring inspired change-makers for its growth, operations, engineering, and product development teams. This announcement comes just over a year after announcing $9.6 million in seed and series A funding, bringing the total funding amount to $41.2 million, to date.
PatientPing’s flagship product offers real-time notifications (“Pings”) to providers whenever their patients experience an admit, transfer or discharge to or from a facility. The Company has become the country’s leading provider of clinical event notifications, creating the nation’s largest community of providers working together to coordinate patient care. PatientPing’s product is unique in that it spans across the entire continuum of care—acute, ambulatory, and post-acute facilities—regardless of EMR, provider network, or other institutional barriers that have historically created silos between providers. At the facility where patients are getting care, providers also receive care instructions that include contact information for others on the patient’s care team as well as patient visit histories.
The average Medicare patient receives care from seven different providers across four unaffiliated practices per year. The lack of coordination between providers can adversely affect patient care and creates billions of dollars in avoidable waste each year. With PatientPing’s notifications, care managers and providers share real-time insights into patient movement throughout the care continuum—transforming how care is delivered and reducing the overall cost of treatment.

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“We are just getting started,” said Jay Desai, founder & CEO, PatientPing. “It’s an important moment in history to modernize our country’s healthcare IT infrastructure and we’re thrilled to partner with the world’s most innovative investors from both coasts to support us on our journey. For example, if a patient lands in a hospital in Florida when their primary care team is at home in Massachusetts, we’re making it seamless for those providers to work together so the patient gets the best possible care. We’re going to accelerate expansion to new regions and dramatically increase our investment in our product to continue delivering on our aim of seamlessly connecting providers to coordinate patient care.”