MyHealthDirect secured $8 million to expand its patient access solutions. Current partners, Chrysalis Ventures and Arboretum Ventures provided equity funding, while the new partner, Ares Capital Corporation, provided a senior credit facility to support growth.
The company’s solutions improve the patient experience, while driving initiatives to attract and retain patients on behalf of their healthcare partners. The funds will be used to scale MyHealthDirect’s solutions for new hospital and practice partners as the company continues to expand its market share.
MyHealthDirect currently books 1.7 million annual appointments, delivering access to more than 30 million patients.MyHealthDirect currently books 1.7 million annual appointments, delivering access to more than 30 million patients in partnership with some of the largest health systems and payors in the U.S.
“This additional round of funding will enable us to continue expanding our business to meet growing market demand. MyHealthDirect solutions are delivering repeatable, scalable value by attracting new patients, retaining existing patients, and optimizing practices and health systems,” said Tom Cox, CEO, MyHealthDirect. “We are focused on helping providers transform the patient experience outside the moment of care.”