The push to make it easier to share patient data with providers using health information exchanges as part of the meaningful use requirements has spurred the growth of niche players serving this market. A New York-based health IT company that specializes in tracking down and retrieving patient records and sharing diagnostics images has raised $6 million in a series D financing round led by Merck’s Global Health Innovation Fund.
Among the services Rochester, New York-based eHealth Technologies offers are providing real time reporting on referral patterns for hospitals, automating transitions of care. When it retrieves patient records and diagnostic images like CT scans, X-rays and images generated from MRIs and ultrasounds, it integrates them with electronic medical records. It works with providers and health information exchanges.
The CEO of eHealth Technologies, Michael Margiotta, claimed that the demand for its services has been so great that revenue has increased more than 230 percent in the past two years, according to a company statement. The Health Information Technology for Economic and Clinical Health Act included in the American Recovery and Reinvestment Act would seem to have played an important role in that. Margiotta noted it has ramped up infrastructure and marketing.
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Last year, eHealth Technologies inked an agreement with Philips to deliver formatted diagnostic scans and records to oncology practices to speed up referrals and treatment after diagnosis.
Part of the goal is to break down information silos and make patient information more readily available to the providers that need it. By doing that, the idea is that redundant costs and inefficiencies will be reduced or eliminated.
The record retrieval company is part of a niche carved by companies like 5’Oclock Records, Doc Request, MedRetrieve and RecordFlow.
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