Miami-based HealthSnap Closes $4M To Help Remotely Track Chronic Disease Care

As telemedicine becomes a ubiquitous part of the medical field, Southeast startups are working to improve the tech and user experience for at-home patients.

One such startup is Miami-based HealthSnap, a software system designed specifically to proactively manage and track chronic diseases. 

By combining software, hardware, and services under one program, we are able to support healthcare providers the delivery of ongoing and proactive patient care in a personalized approach at scale,” CEO Samson Magid told Hypepotamus. “By analyzing a patient’s lifestyle data (nutrition, exercise, behaviors) and physiological data (blood pressure, weight, glucose) in one location we are able to make patient-generated health data actionable for healthcare providers and provide a holistic viewpoint of a patient’s behaviors to manage chronic conditions more effectively.” 

“In other words, we are ensuring that the right patient receives the right care, at the right time,” added Magid. 

HealthSnap’s software can be utilized by both patients and providers. For healthcare providers, the platform has built-in remote patient monitoring (RPM) reimbursement, which allows for diversifying revenue streams. 

The startup, founded in 2015, has 10,000 physicians and 25 health systems using the platform. 

Florida Funders’ Tom Wallace told Hypepotamus that the Tampa-based VC firm was drawn to the HealthSnap team after following the telemedicine trend.

“We’ve been extremely impressed with the HealthSnap team from the start. Samson, the CEO, has been able to surround himself with the right team to succeed. We also love that HealthSnap is a homegrown team with deep roots in the University of Miami and South Florida.”

“Our goal at Florida Funders is to find, fund, and build the next generation of tech companies and transform the Sunshine State into the Startup State. HealthSnap is a perfect example of how Florida’s local talent is impacting the tech industry,” added Wallace. 

Florida Funders’ Steve MacDonald will also join the board of directors.

The latest funding brings HealthSnap’s total funding to $7.6 million, according to Crunchbase.

 

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