Chronic Disease Management Vendor MD Revolution Raises $23 Million Series C

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San Diego-based chronic disease management startup MD Revolution announces that it has closed a $23 Million Series C co-led by Jump Capital and an anonymous “leading global healthcare technology company.” The funding follows a $9 million Series B round raised entirely from individual investors, and brings its total funding level to $33 million since its 2011 launch. The team at MD Revolution spent more than a year developing its business model within the incubator at EvoNexus, graduating in June 2014 and launching its flagship chronic disease management platform shortly thereafter.

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MD Revolution’s business model takes advantage of recent changes to Medicare reimbursement policies that now allow providers to bill for 20 minute, monthly telehealth visits with patients managing chronic diseases. The visits are worth an average of $42 per patient, per month. The company’s platform, RevUp, has both provider-facing and patient-facing components that help facilitate these virtual visits. On the patient-facing side, the RevUp app facilitates nutritional and food journaling, and uses Qualcomm’s 2net platform to connect with other fitness apps, medical devices, and wearables. RevUp targets visceral fat, Vo2, and metabolism as its core health metrics. It then uses this information to calculate disease-specific RevUp weekly points, which it uses to help convey to patients where they stand as far as their weekly disease-management goals. MD Revolution backs this process up with a communications platform that connects patients with wellness coaches and a remote clinical team to help field simple questions and keep users engaged. On the provider side, RevUp integrates with core EHR systems to risk stratify the patient population and help providers target the most at-risk patients.

While the platform was originally designed to help providers take advantage of Medicare’s new chronic disease telehealth visits, MD Revolution has scaled its platform to begin targeting ACOs and employers. Since launching, the company reports that it has signed over 100 practices as customers and will use its new funding to ramp up sales and marketing to grow its customer base.


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