Tonic Health Receives Venture Investment from Hearst Health Ventures
Summary
Tonic Health, a Palo Alto, Calif.-based patient engagement and medical data collection company, received a venture investment from Hearst Health Ventures (a unit of Hearst Corporation).As part of the investment, Ellen Koskinas, managing director of Hearst Health Ventures, will join the Tonic Health Board of Directors.The company intends to use the funds to strengthen and expand its platform.Led by Sterling Lanier, CEO and co-founder, Tonic Health offers an iPad®- and Web-based data collection platform for patients and an enterprise-level data management platform for hospitals and health systems.Customers include a broad range of enterprise health systems, including Partners HealthCare, New York Presbyterian, Medstar Health, UCLA Health, UC San Francisco, the Veterans Health Administration, Seattle Children’s Hospital, Kaiser Permanente, Lucile Packard Children’s Hospital at Stanford, etc.
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