Health IT companies that can provide tools to help employers lower healthcare costs have attracted a growing amount of venture investment, not to mention at least one high-profile IPO. Sherpaa Health, a company co-founded by primary care physician Jay Parkinson (pictured in the video) to address non-emergency medical queries from employees, has raised $3.92 million, according to a Form D filed with the Securities and Exchange Commission.
Among its investors are First Round Capital, O’Reilly Alphatech Ventures, Collaborative Fund, SV Angel and Rick Webb of The Barbarian Group.
The funding comes as it gears up for a national rollout and adds new tools for its primary care services platform to support employer plans.
Its blog highlighted some new developments at the New York-based company. An interface created through Ducksboard lets the company view in real-time how clients are using its services, such as how many cases were solved without the patient needing an in-person visit. It can also view the types of questions users have asked and how many phone call queries their physicians receive each month.
Last month, Johns Hopkins Bloomberg School of Public Health initiated a collaboration with Sherpaa to provide a rotation to aspiring preventive medicine physicians to learn about health technology, startups, optimal patient experience, service design and the business of healthcare.
