Startups, Technology

Healthcare Startup CrossChx Raises $15M Led by Khosla Ventures


Image Source: Consult Add 

CrossChx, a healthcare startup secured $15 million in Series B funding. The funding round was led by Khosla Ventures along with participation of its previous Series A funding group ‘Drive Capital’.

As reported by TechCrunch, Khosla’s Keith Rabois will be one of the CrossChx’s board members as an observer. The raised amount will be used to build mobile tools, grow the team from 35 to 100 and expand across the country.

CrossChx aims to provide a global solution to the healthcare identity crisis. Their identity resolution system and intelligence solutions help healthcare providers drive revenue, reduce risk and improve health outcomes. As the company claims, with the help of its technology, it can improve patient care and prevent identity theft.

The company ties a patient’s medical records to a single id, after which it identifies for possible errors in their records. For example, if a patient’s social security number is entered incorrect, it can lead to multiple incomplete records.

Popular Read:  5 Reasons Why Organizations Struggle To Adopt CI and CD

Founded in 2012 by CEO Sean Lane and President Brad Mascho, CrossChx also offers a kiosk for hospital lobbies where patients sign in by having their fingerprints scanned. Presently, it is  deployed in more than 100 hospitals across eight states, and has verified more than 2 million patient visits.

Share your experiences, opinions or solutions: Submit a Post.

Leave a Reply