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Collective Medical provides a real-time care collaboration platform in the health information exchange space that connects hospitals, health plans, and managed care organizations to coordinate patient care. It works by ingesting ADT (admission, discharge, transfer) data and other patient information, then delivering real-time alerts and a shared view of a patient’s care history to authorized providers. It differentiates itself by enabling cross-enterprise, real-time collaboration anchored to ADT alerts and by offering an integration-friendly, subscription model that fits into existing workflows. Its goal is to improve patient outcomes and reduce costs by making care transitions safer and more coordinated through real-time data sharing and joint decision-making among care teams.
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$47.5M
Headquarters
Cottonwood Heights, Utah
Founded
2005
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Total Funding
$47.5M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
PointClickCare Technologies is acquiring Collective Medical, a healthcare startup, for just under $650 million. Collective Medical, backed by investors like Kleiner Perkins, works with 20% of US hospitals to coordinate care for vulnerable patients. The acquisition aims to enhance healthcare coordination and support the shift towards value-based care. The companies have been collaborating since 2019 to integrate their technologies for improved patient care.
PointClickCare subsidiaries Audacious Inquiry and Collective Medical Technologies filed a patent infringement lawsuit against health information exchange organization Chesapeake Regional Information System for its Patients (CRISP) and CRISP Shared Services.
In 2023, Allscripts acquired Veradigm, a company that provides healthcare data and analytics solutions.
OMAHA, Neb.--(BUSINESS WIRE)--CyncHealth, the designated health information exchange (HIE) for Nebraska and Iowa servicing over 6 million people, Collective Medical, a PointClickCare company, and Innsena, a healthcare and health IT strategic consulting agency, won a Department of Health and Human Services’ Racial Equity in Postpartum Care Challenge, including federal funding of $40,000, for their innovative postpartum care program in Nebraska. The award recognizes the collaborative work to improve postpartum care for Black, African American, American Indian and Alaska Native parents with high-risk conditions who participate in Medicaid and Children’s Health Insurance Program (CHIP) by significantly reducing maternal morbidity and mortality. Initial work has begun in Omaha, Nebraska and is expected to expand statewide as part of a second phase
Nuance Communications, Inc. (NASDAQ: NUAN) today announced a collaboration with Collective Medical, a PointClickCare company, and the launch of Nuance PowerShare™ Image Aware to provide emergency department (ED) physicians with real-time notifications of a patient's prior radiology studies within existing clinical workflows.
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Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$47.5M
Headquarters
Cottonwood Heights, Utah
Founded
2005
Find jobs on Simplify and start your career today