Repisodic, maker of a software platform that streamlines hospital discharge decision making, raised $ 1.75 million in a seed funding round led by American Enterprise Group.
WHAT THEYRE DOING
A patient-oriented, HIPAA-compliant repisodic tool seeks to simplify exit from care. Rather than asking case managers or social workers to present packages or brochures to patients, the software guides users through their post-acute and follow-up care options in a way that is easier for them. to be continued. This strategy, combined with other post-acute care communication tools, aims to increase patient satisfaction, reduce hospital stays and direct patients to preferred care networks.
WHY IT’S FOR
Repisodic plans to use this investment to strengthen its sales, marketing and technology teams in the first quarter of the new year.
“We have built a technology platform that has radically changed the way discharge planners manage daily patient workloads with an intuitive and modernized approach to the process,” said Repisodic CEO Mike Cwalinski in a communicated. “Having a partner like American Enterprise Ventures will allow us to strengthen our position in the market and grow the business, both organizationally and technologically. “
THE BIGGEST TREND
Digital dump tools are nothing new, as a handful of vendors have successfully implemented such applications as early as 2012 and 2013.
With this in mind, Repisodic’s tool also fits in with the industry’s broader goal on improve patient experience through technology, whether with discharge applications, self-programming tools, telehealth, remote care devices or a number of other resources.
ON THE RECORD
“Repisodic is a fantastic addition to our ecosystem of solutions supporting and expanding our customer experience,” said Julie Pearce, director of innovative solutions for American Enterprise Ventures, in a statement. “We believe the solution fills a gap in our acute care insurance market and will help transform our interactions with our customers. The company and its founders have the stamina to grow the platform nationwide, and we’re excited to be a part of that growth. “