Intermountain Healthcare issues $3M in seed funding to hospital workflow startup

Empiric Health raised $3 million in super seed financing from Salt Lake City-based Intermountain Healthcare, the startup announced Nov. 29.

Empiric Health analyzes hospital data to inform changes in physician behavior. The Salt Lake City-based startup's goal is to streamline physicians' workflows to drive improvements in hospital measures related to costs, quality and outcomes.

Intermountain Healthcare and Oxeon Partners, a New York City-based healthcare growth services firm, launched Empiric Health earlier this year. Empiric Health's services are based on an Intermountain Healthcare program that used data-driven operational insights to produce more than $90 million in savings for the health system and its patients.

Empiric Health officials said the startup will use the financing to accelerate its commercialization efforts and expand the company's workflow tools and services.

"It's our goal to build out Empiric's proprietary analytics framework and services so that clinicians and healthcare leaders can easily access relevant information that enables them to deliver high-quality, affordable care," said Rick Adam, CEO of Empiric Health.

More articles on data analytics & precision medicine:
Geisinger delivers exome sequencing results on genetic risks to 500+ patients
Why this STD testing provider is expanding into at-home specialty & wellness diagnostics
Startup Insider: 4 questions with Docent Health CEO Paul Roscoe on patient-driven healthcare

© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.


Featured Whitepapers

Featured Webinars