RubiconMD gets $750K from California Health Care Foundation to bring eConsults to underserved regions

Funding Rounds

Summary

New York City-based RubiconMD, which makes a digital consultation platform for physicians and specialists, has announced a $750,000 investment from the California Health Care Foundation Innovation Fund, which supports emerging technologies in healthcare. Clinicians use the app on any device and are matched through an algorithm to a specialist, who they can message about a condition and receive educational responses (usually within four hours or less). “We believe RubiconMD’s eConsult program will not only improve access to specialty care expertise, but also save patients time, and reduce their travel burden,” RubiconMD’s CEO and cofounder Gil Addo said in a statement. In parts of California, there is a dearth of specialty care, especially for Medi-Cal (the state’s Medicaid program) recipients. “CHCF sees great potential in using eConsults and RubiconMD’s approach to improve access to healthcare for consumers in low-income or underserved communities in California,” Carl Bouthillette, Senior Program Officer at the organization.. “eConsults can improve access to critical specialty care, especially in rural areas where there are particular constraints to the supply of specialty care providers.” The company participated in the athenahealth accelerator last year, and is also a graduate of the Blueprint Health accelerator.

$ Funding

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Amount $750.0K Total raised
Date September 22, 2016 Announcement date
Investors Blueprint Health, California Health Care Foundation Lead investors
Company http://www.rubiconmd.com Funded company

Classifications

industries
HealthTech
applications
EduTech - learning

AskAI Classifications

Labels
Healthcare Software SaaS eConsult Platform

Linked Companies

Rubicon MD
$1M to $5M