OptioSurgical Raises $3.3 Million To Expand Product Portfolio and Fuel Continued Growth

DENVER, July 25, 2019 /PRNewswire/ -- OptioSurgical, Inc., an analytics software company that helps hospitals and surgery centers reduce medical device costs is pleased to announce the close of a $3.3 million funding round led by Next Frontier Capital. The company plans to allocate this capital towards continued growth of the OptioSurgical platform and expand into other specialties such as spine and cardiovascular. "This investment supports our companys mission to create a more sustainable healthcare system and continue to be a leader in medical device tracking and analytics. The platform analyzes devices used, ranks surgeons by procedure, alerts on over-charging or mistaken charges, and automatically predicts savings opportunities. I am more than willing to change behavior, but it is very challenging for physicians to access cost information in an accurate and actionable way," said Dr. Dave Laverty, Orthopedic Surgeon.