QuantiaMD Secures $12 Million in Expansion Funds

Quanita

QuantiaMD, a physician-focused online collaboration site, receives $12 million in expansion funds to increase sales, marketing, and service capabilities as well as to complete the deployment of a new physician engagement suite aimed at communicating organizational best practices, demonstrating measured impact on practice patterns, and preparing health networks for value based purchasing.

"Over the past 5 years, QuantiaMD has built a robust technology platform and a highly engaged physician audience where members are working together and consuming content on a mass scale never before achieved,This first-of-its-kind platform is transforming the way healthcare organizations collaborate with physicians to meet a variety of objectives, most importantly, lowering costs and improving quality of care. This additional financing will help us keep pace with the growing demand from our clients.” – Eric Shultz, CEO

The platform was designed to provide peer-to-peer collaboration, supported by more than 500 recognized industry experts. The startup markets its platform to health networks and payers in effort to effect change in physician behavior at the individual and organizational level. QuantiaMD boasts a 160,000 physician user population, which averages 45 minutes per week on the site, spent collaborating with colleagues and working to improve patient outcomes.

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