Health IT, Startups

Flare Capital Partners, 7wire Ventures lead higi’s $21.3M Series C round

The population health startup will use the funding to foster additional engagement with consumers, expand its access points and advance collaboration with healthcare delivery systems.

Chicago-based higi, a health services and population health company, has raked in a Series C investment of $23.1 million. The round was led by Flare Capital Partners and 7wire Ventures, and also saw participation from other unnamed investors.

The money enables the startup to foster additional engagement with consumers, create more potential access points and advance collaboration with healthcare delivery systems.

“With the new investment, higi will further propel the company’s data-driven applications that advance emerging and cost-effective integrated care models aimed at connecting consumers and their data to healthcare providers to close gaps in care,” higi CEO Jeff Bennett said via email.

With a goal of helping individuals engage in their wellness, the organization has 11,000 FDA-cleared health kiosks in nationwide retail locations such as pharmacies and supermarkets. Currently, the stations are in stores like Walgreens, Sam’s Club, Meijer and Publix. In 2016, higi revealed plans to put its kiosks in Shopko stores in 18 states. At these stations, people can measure their blood pressure, pulse, weight and BMI.

The company’s platform then allows consumers to connect their data into workflows like EHRs. Bennett noted that higi’s solution is integrated with various EHR, CRM and care management platforms, including applications created in Salesforce, Epic and McKesson.

Healthcare organizations are able to utilize higi to pinpoint possible risk areas, better connect with patients and help people monitor their health information.

Bennett mentioned that through higi’s work with entities like Rush University Medical Center in Chicago, patients can share their health data with their primary care physician. Additionally, the company has teamed with organizations like Health Dialog, Virgin Pulse and Rolling Strong to improve risk stratification.

“Through our digital platform, we connect customers to the care they need — allowing them to securely manage, access share and act on their data no matter where they are located and at no cost to the consumer,” Bennett said.

In early 2016, the Chicago startup said it raised $40 million from existing investors, which it planned to use to develop tools aimed at helping retail partners better engage with customers.

Photo: abluecup, Getty Images

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