PicnicHealth Raises a $60m Series C to Expand Patient-centered Real-world Data

PicnicHealth, a patient-centered health technology company, today announced the closing of a $60 million Series C financing led by new investor B Capital Group. Existing investors Felicis Ventures and Amplify Partners also joined the round, bringing the total PicnicHealth has raised to more than $100 million. The company also announced plans to build 30 new patient-centered real-world data cohorts, and the addition of Adam Seabrook, Partner at B Capital Group, to the PicnicHealth board of directors. PicnicHealth takes a patient-centered approach to building deep real-world datasets for life sciences researchers. This complete, clinically rich, longitudinal data avoids typical gaps in existing real-world data sources by working directly with consented patients. All datasets include complete medical records from all of a patient’s sites of care and can be supplemented with direct patient-reported experience and linked to other research data sources. PicnicHealth empowers patients with access to their own medical information aggregated in a single place and provides the opportunity to proactively contribute their medical journey to advance research. “Gaining patient consent isn’t just the right thing to do, it’s the only way to build the complete, longitudinal data needed to truly describe how diseases look in the real world. This is especially important in our fragmented healthcare system, where the typical PicnicHealth patient has data spread across more than 20 di...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Analytics/Big Data Health IT Company Healthcare IT Adam Seabrook Amplify Partner B Capital Group Felicis Ventures Health IT Funding Health IT Fundings Health IT Investment Noga Leviner PicnicHealth Real-World Data Robert Mittendo Source Type: blogs