TransformativeMed Closes $5.8 Series A to Redefine How Clinicians Use the EHR to Communicate and Collaborate

SEATTLE–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/CORES?src=hash” target=”_blank”gt;#CORESlt;/agt;–TransformativeMed,
the leader in redefining how clinicians communicate and collaborate
using EHR-embedded workflows, today announced that it has closed a $5.8M
Series A financing round led by the Alliance
of Angels. The funds will be used to accelerate Sales and Marketing
efforts with an aggressive nationwide expansion of the CORES Value Suite
solution. Today TransformativeMed solutions are used by tens of
thousands of clinicians in more than 130 hospitals and health systems to
optimize EHR usability, making patient care more productive and
enjoyable.

TransformativeMed solutions target the clinical communication and
collaboration (CC&C) market. This burgeoning space was narrowly defined
by texting and messaging solutions that require interfaces to connect to
the EHR. TransformativeMed is dramatically expanding the definition of
clinical communication and collaboration with this approach:

• Out-of-the-box clinician-designed EHR workflows configured by clinical
  specialty and for complex conditions like diabetes. The workflows
  surface relevant EHR data as clinicians work, increasing EHR usability
  and satisfaction by minimizing the frustration of hunting for patient
  data.
• Smart messaging and texting solutions powered by machine-learning and
  integrated directly into the workflows, create a completely turn-key,
  100% interface-free clinical communication and collaboration solution.
• Interface-free, EHR-embedded solutions delivered as a SaaS model to
  reduce IT burden and ensure rapid, turnkey implementations.

Clinicians relate to the TransformativeMed story. Co-founder Dr. Erik
Van Eaton was frustrated by the technical barriers the EHR imposed on
delivering efficient patient care. Together he and co-founder David
Stone, a technologist, an inventor of Cerner MPages did something about
it. They redefined how clinicians use the EHR.

TransformativeMed
President and CEO Doug Cusick stated, “TransformativeMed
built its business through clinical word-of-mouth. This intimate
clinical connection has provided deep insight into what the market
needs, the runway to learn how to deliver a truly turnkey solution to
IT, and most importantly—market proof that our EHR-optimization approach
works.” Cusick added, “We are thrilled with the confidence that our
investors have in our solution and team and are prepared to jumpstart
TransformativeMed’s growth as we redefine the Clinical Communication and
Collaboration market with CORES.”

About TransformativeMed

Founded in 2011, privately-held TransformativeMed is the first to
re-engineer Electronic Health Record (EHR) workflows with directly
embedded, clinician-friendly solutions. The CORE Value Suite curates
EHR-based patient information and presents it in the unique way each
specialty requires. CORES is bi-directionally integrated with
smartphones to ensure clinicians can enter and receive critical alerts,
notifications and messages while they work. This transforms how the EHR
is used. Workflows are streamlined, team communication and collaboration
is accelerated, and the frustrations of mining the EHR for critical
information is removed. Tens of thousands of clinicians across more than
130 hospitals are using CORES to enhance EHR value, including Dignity
Health, Baptist Health, and Medstar and others. Learn more at TransformativeMed.com.

Contacts

Cheryl Isen, for TransformativeMed
Cheryl@IsenandCo.com
or (425) 233-9032