#Abacus insights 406 ventures series#

Designed to seamlessly integrate into physician referral workflows, the platform allows payers and providers to quickly and cost-effectively launch specialist eConsults using their own specialists or those provided by AristaMD’s board-certified panel of experts.ĪristaMD’s platform has proven to deliver cost-effective, timely access to specialty care through eConsults, significantly reducing the need for face-to-face visits while increasing patient satisfaction. Its digital eConsult solution platform provides a telehealth solution that empowers primary care providers with clinical workup checklists and the ability to conduct electronic consults (also known as eConsults or virtual consults) to significantly improve the patient referral process and allow greater access to timely, high-quality care. “We’re excited to partner with Brooke, her team and a great group of co-investors to expand the reach of AristaMD’s enterprise-grade platform.”ĪristaMD is focused on improving patient outcomes through more timely access to specialty care. “AristaMD enables patients to efficiently obtain the appropriate level of care when they need it most,” said Payal Divakaran, partner at. eConsults will be an effective triage tool now and moving forward to improve access and reduce healthcare strain. With non-emergency, proactive care and elective procedures being canceled throughout the pandemic, there is a backlog of appointments. Additionally, preventative screenings for cervix, colon and breast cancer have dropped between 86% and 94%, compared to the last three years. According to recently published data, since the COVID-19 pandemic started, outpatient hospital visits declined by 31%. The need for eConsults has never been more critical. “AristaMD has built a highly scalable eConsult solution that continues to deliver tangible ROI for health systems and payors, and improves the level of care for all patients.” “With its innovative solution and industry-leading team, AristaMD is positioned to make a considerable improvement in the way health care is delivered,” said John Kuelper, managing director of Ascension Ventures. AristaMD significantly increases access to appropriate and timely care to improve outcomes and reduce costs. “This additional funding will help us accelerate our vision and contribute to shaping a world where all patients have timely, cost-effective access to health care.”ĭesigned by practicing physicians, AristaMD’s eConsult solution empowers PCPs to expand their scope and collaborate on patient care with a world-class panel of on-demand specialists. “Delivering more timely care to patients has become even more crucial during the COVID-19 pandemic and will remain important in the future, as we must reserve precious in-person specialty appointments for those who critically need them,” said Brooke LeVasseur, CEO of AristaMD. The new capital will be used to accelerate commercial growth as well as continue the expansion of its proprietary eConsult platform supporting payors and health systems across the country.

#Abacus insights 406 ventures series#

These investments top off the company’s Series B funding round, which was co-led by Cigna Ventures and MemorialCare Innovation Fund, at $24 million. 406 Ventures, a venture capital firm investing in early-stage disruptive enterprise technology and digital health companies. SAN DIEGO – J– AristaMD, a leading digital eConsult health company that provides proprietary eConsult solutions that connect primary care providers (PCPs) with timely, documented specialist insights, today announced investments from Ascension Ventures, a strategic healthcare venture firm representing 13 of the nation’s leading non-for-profit health systems, and.