Sun. Aug 14th, 2022

Real Time Medical Systems Raises $20M In Series C Funding

Real Time Medical Systems, a Baltimore-based provider of a healthcare interventional analytics solution, closed a $20m Series C funding.

The round was led by BASE Capital and SunBridge Capital.

The company intends to use the funds to advance its interventional analytics platform and further accelerate its market growth.

Led by Joan Neuscheler, Chief Executive Officer, Real Time provides an interventional analytics platform that enhances care coordination and clinical decision making through EHR data interoperability between post-acute care (PAC) facilities and health systems, ACOs, and payers. Using live clinical alerts coupled with recommended interventions, Real Time enables care teams to reduce hospital admission rates, detect early signs of infectious diseases, and improve patient outcomes throughout the continuum of care.

The company is expanding its playbook to deliver enhanced data interoperability solutions to support PAC providers and their healthcare partners. Data transparency enables ACOs, hospitals, and PAC network providers to drive care coordination across the continuum while improving financial outcomes.

Source: https://www.finsmes.com/2021/08/real-time-medical-systems-raises-20m-in-series-c-funding.html

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