News

December 6, 2016

PatientPing Raises $31.6 Million from Andreessen Horowitz and Leerink Transformation Partners to Accelerate Growth of its National Care Coordination Network

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.

 

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