Providence, ChristianaCare invest in automated patient communication platform

Andrea Park - Print  | 

Twistle, which develops patient education and communication software for healthcare providers, closed an $18 million funding round with participation from Renton, Wash.-based Providence and Wilmington, Del.-based ChristianaCare, per a Jan. 30 news release.

Providence Ventures and ChristianaCare join MemorialCare Innovation Fund as investors in the startup. The Long Beach, Calif.-based venture arm of MemorialCare Health System joined Twistle's Series A funding round, then valued at $16 million, in October.

The two new investors have already integrated Twistle's healthcare navigation systems into their organizations. ChristianaCare was among the first providers to adopt the software in 2016, while Providence recently expanded use of the platform across nearly 20 of its hospitals, according to the release.

"We have made Twistle's care pathway automation platform a core piece of our digital strategy to amplify our care teams' capacity to deliver timely, personalized and proactive care to our patients. We are excited about what Twistle brings to healthcare that we also want to participate as a strategic investor and help the company scale its solution," Aaron Martin, executive vice president and chief digital officer at Providence, said in a statement.

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