Epion Health Closes $4.5 Million Series A

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Roseland, NJ-based Epion Health announces a $4.5 million Series A round led by Deerfield Management Company, a NY-based investment firm that focuses in healthcare startups. The funding is Epion’s first significant investment round as the startup has been running a lean startup methodology since its 2011 launch.

Epion markets a tablet-based intake application that offers customized check-in forms that patients fill in as they are waiting to be seen at the doctors office. Patients can report medical history, current concerns or symptoms, or report insurance changes. Information captured in the form is then integrated with the practice EHR and PM software, in an effort to reduce administrative costs for the practice. Epion also markets a payment processing app that practices can use to collect a co-pay as part of the check-in process. Credit and debt card payments are accepted by the system and then payment data is synched with the offices PM suite.

Epion is a graduate of Healthbox’s Boston accelerator program, graduating with its second class in August 2013 and receiving $50,000 in seed funding to launch its business. The company has done well in the time since its graduation, going on to code its flagship a product, launch it, and find a receptive market.

In April, Epion announced a partnership with athenaHealth that will incorporate Epion’s check-in app into the athenaHealth practice management suite, meaning that all 52,000 practices using athena will have immediate access to Epion’s app. The partnership was a result of athena’s More Disruption Please program, which promises startups access to athena’s nation-wide market for innovative new technologies.

Epion CEO Joe Blewitt says in a press release that the new funding will be used to grow the company’s sales and operations units, as well as add engineers to continue enhancing its check-in app.


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