Laboratory services provider LabCorp and outsourced medical services company Envision Healthcare Holdings provided the first tranche of a $15m series B round for US-based remote patient monitoring company Vivify on Tuesday.
Vivify’s software-as-a-service is built around a kit that includes a tablet preloaded with the company’s software and the required Bluetooth-enabled health device to monitor the patient. It will use the series B funding to extend its solution to also run on the patient’s own devices.
Ascension Health Ventures, the corporate venturing unit of medical services provider Ascension Health, and Heritage Group, a venture capital firm set up by a range of US healthcare services, previously invested $3.4m in Vivify in May 2013.
Vivify subsequently raised $3m from undisclosed investors in May 2014, according to a regulatory filing.
William Sanger, chief executive of Envision, said: “Vivify’s platform simplifies the delivery of our clinical monitoring and in-home care services nationwide, and now we can support Vivify’s customers with the same services.
“Together we can efficiently manage remote care for clinical conditions, while improving outcomes and overall population health.”