Innovation Fund Makes $500,000 Investment in AristaMDSunday, January 8, 2017
San Diego digital health company AristaMD has received a $500,000 investment from the Philadelphia College of Osteopathic Medicine’s Primary Care Innovation Fund.
The investment – the fund’s first since being establishing in May – will be directed toward AristaMD’s eConsult Platform, which was designed to resolve more than half routine clinical questions at the primary point of care.
The platform offers clinical checklists licensed from the University of California, San Francisco. The checklists are intended to reduce costs and improve quality of health care. The platform includes data analytics tools and a 24-hour electronic consult.
The managing director of the college’s innovation fund, Dean Miller, said AristaMD is “exactly the type of company we are interested in funding.”
“It provides an innovative service to help primary care providers improve efficiency, increase quality and reduce the cost of care, leading to an improved overall patient experience,” he said in a Jan. 4 news release.
AristaMD works with clients using its platform for their own specialists. Clients can also receive eConsults through the company’s panel of board-certified medical specialists.