Moxe Health Revolutionizes Healthcare Data Exchange
March 1, 2024, 1:31 am
Location: United States, Wisconsin, Madison
Employees: 51-200
Founded date: 2012
Total raised: $60.5M
Moxe Health, a trailblazer in healthcare data exchange, secures $25 million in growth capital from Trinity Capital, propelling the company to new heights in transforming the way patient information is shared.
Moxe Health specializes in providing tools for payers and providers to seamlessly exchange patient health records. Their convergence product empowers payers to input insights directly into Electronic Health Records (EHR) for providers, streamlining the information flow.
For providers, Moxe Health offers a digital release of information product that automates requests for medical charts, making the process efficient and hassle-free. Additionally, payers can access a chart retrieval tool, enhancing accessibility to crucial data.
The recent investment will fuel Moxe Health's expansion efforts, allowing the company to scale its operations and reach more healthcare organizations. Lauren Cosentino, managing director of life sciences at Trinity, praises Moxe's innovative technology, foreseeing a revolution in healthcare data exchange.
In a market snapshot, Moxe Health previously secured $30 million in a Series B funding round, signaling strong investor confidence in the company's vision. The focus on interoperability in healthcare is gaining momentum, with initiatives like the FHIR at Scale Taskforce (FAST) paving the way for seamless data exchange.
Competitors like Avaneer and Microsoft Cloud for Healthcare are also making strides in interoperability, utilizing blockchain and FHIR technologies to enhance secure data exchange. The healthcare industry is witnessing a shift towards more efficient and interconnected systems, driven by the need for streamlined information sharing.
Moxe Health's latest funding round highlights the growing importance of data exchange in healthcare and the company's commitment to driving innovation in the industry. With a solid foundation and a clear vision for the future, Moxe Health is poised to lead the way in revolutionizing healthcare data exchange.
Moxe Health specializes in providing tools for payers and providers to seamlessly exchange patient health records. Their convergence product empowers payers to input insights directly into Electronic Health Records (EHR) for providers, streamlining the information flow.
For providers, Moxe Health offers a digital release of information product that automates requests for medical charts, making the process efficient and hassle-free. Additionally, payers can access a chart retrieval tool, enhancing accessibility to crucial data.
The recent investment will fuel Moxe Health's expansion efforts, allowing the company to scale its operations and reach more healthcare organizations. Lauren Cosentino, managing director of life sciences at Trinity, praises Moxe's innovative technology, foreseeing a revolution in healthcare data exchange.
In a market snapshot, Moxe Health previously secured $30 million in a Series B funding round, signaling strong investor confidence in the company's vision. The focus on interoperability in healthcare is gaining momentum, with initiatives like the FHIR at Scale Taskforce (FAST) paving the way for seamless data exchange.
Competitors like Avaneer and Microsoft Cloud for Healthcare are also making strides in interoperability, utilizing blockchain and FHIR technologies to enhance secure data exchange. The healthcare industry is witnessing a shift towards more efficient and interconnected systems, driven by the need for streamlined information sharing.
Moxe Health's latest funding round highlights the growing importance of data exchange in healthcare and the company's commitment to driving innovation in the industry. With a solid foundation and a clear vision for the future, Moxe Health is poised to lead the way in revolutionizing healthcare data exchange.