MD Revolution has raised $23 million from Chicago-based Jump Capital and an unnamed "leading global healthcare technology company," bringing its total funding to date to over $30 million. Under the deal, Jump Capital's Partner Garrett Vygantas, MD will join the company's board of directors along with Jackie Kosecoff, PhD.
"For over 5 years we have refined our high-touch patient engagement model for the purpose of extending the reach of providers beyond the four walls of a clinic and demonstrating that value-based care is truly scalable," said Samir Damani, MD, MD Revolution's Founder and CEO. "The scientific rigor by which our program has been developed and our new strategic partners will help us maintain CCM market leadership and deliver on our promise of better health for patients across the country."
MD Revolution's RevUp solution enables physician practices to leverage an end-to-end CCM solution with minimal disruption to practice workflow.MD Revolution has developed an end-to-end chronic care management (CCM) and patient engagement solutions, which now serve more than 100 practices with plans to add hundreds of additional practices next year.
Under new Medicare rules, physicians and other providers are now reimbursed for 20 minutes of non-face-to-face time each month for their patients with chronic disease. With MD Revolution's RevUp solution, physician practices can leverage an end-to-end CCM solution with minimal disruption to practice workflow.
RevUp integrates with a practice's electronic health record (EHR) to create a patient care plan and make it available on web and mobile platforms, to enable constant two-way communication between patients and clinicians. Also by integrating health information from EHRs, digital sensors, fitness trackers, paper based logs, and telephonic surveys – RevUp coaches are able to provide highly relevant feedback for patients with chronic disease.