Smile Digital Health Closes $30 Million in Series B Funding to Progress Innovation as World-Leading Health Data Fabric

The increasing need for interoperability in healthcare has driven significant growth and demand for the company’s data fabric platform and continued innovation in this area. Smile CDR Inc. (doing business as Smile Digital Health (Smile)), a leading FHIR® health data fabric (HDF) and exchange solutions provider, announced the closing of approximately $30 million in Series B growth capital led by existing investors including UPMC Enterprises. Smile’s HDF platform uses industry-leading HDF architecture and ONC-compliant, event-driven FHIR APIs to allow healthcare providers, payers and IT vendors to build secure, composable and scalable data infrastructures. Smile offers a suite of health data, clinical reasoning and marketplace utilities that can support ecosystem-wide data innovation and digital modernization efforts to accelerate healthcare innovation, improve quality of patient care journeys, boost operational efficiencies and reduce costs using intelligent automation implementation strategies. “Our vision for better global health becomes more achievable when we focus on the inherent value of finding innovative ways to efficiently share and use data. Smile Digital Health has seen significant growth in our platform because it does just this. With transformative solutions that can meet companies’ specific needs, we are preparing healthcare providers, payers, researchers and life sciences organizations for a connected future that transcends the capabili...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT AI Artificial Intelligence Astrata Davies Ward Phillips & Vineberg LLP Duncan Weatherston FHIR FHIR API George Rizk HDF Health Data Fabric Health IT Funding Health IT Fundings Health IT Investmen Source Type: blogs