Health IT startup to know: RightCare Solutions

RightCare Solutions, based in Philadelphia, is a medical technology company that focuses on reducing patient readmissions.

The company was founded in 2010 by now CEO Eric Heil. The company began as Mr. Heil's business school project while he was pursuing his MBA at Wharton School in Philadelphia. While in the MBA program, he met Mrinal Bhasker and Matt Tanzer. Mr. Bhasker is now the company's chief technology officer, and Mr. Tanzer is its chief outcomes officer. Mr. Weil licensed the company from the University of Pennsylvania in 2012.

RightCare is funded by private investors. In Oct. 2012, the company raised $11 million through Series A funding. Today, the company has 23 employees.

RightCare software is designed to benefit chief technology officers, CFOs and case managers. The software stratifies patient risk at admission. The software, which is disease agnostic, integrates with any existing EHR software and requires no hardware.

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