The company provides APIs that these companies can use to pull this data from EMRs and laboratories
Health care data has exploded in a relatively short time, increasing nearly 900 percent from 2016 to 2019. Despite, or more likely, because there is so much of it now, it’s incredibly difficult and time consuming for healthcare companies to access a patient’s clinical data for a digital device.
“Many digital health companies now care for patients directly, but retrieving the patient’s medical history or laboratory data has traditionally required direct integration into each individual EMR or laboratory. Each integration takes six months and requires special technical resources,” said the author Steve Yaskin, CEO and co-founder of Health Gorilla, a provider of APIs for the healthcare sector, has optimized the access to the transmission of this data.
“Ultimately, it’s all about creating your unique product. We wanted to help product and development teams access clinical data in a really seamless way, and that inspired us to start Health Gorilla.”
On Tuesday, the company announced that it had raised $ 15 million in Series B funding led by IA Capital and Nationwide, with the participation of Aflac Ventures, Epsilon Health Investors and existing investors including True Ventures. The company has now raised a total of $ 28.7 million.
In addition to funding, the company has also added a new member to its board of directors, IA Capital General Partner Matt Perlman.
“We are honored to have Matt and IA Capital on our board of directors, and we know his insight and expertise is critical as we build our partnerships across the insurance industry. Matt recognizes the need for comprehensive health data Very aware of information about risks, and we’ll work closely with him as we expand our insurance partnerships, “said Yaskin.
Health Gorilla’s APIs, founded in 2014, help developers access clinical data from a huge network or from EMR systems and laboratories. This means that they no longer have to integrate with LabCorp or Quest or Epic or Cerner. When involved in treating a patient, they can code once against the company’s API and then instantly access data from thousands of different providers on Health Gorilla’s network. This includes all major EMR and laboratory organizations.
Health Gorilla customers include Heal, a provider of home visits to doctors; K Health, a company that uses a machine that can mimic different diagnoses; DrChrono, a cloud-based medical billing software company EHR; and Virta Health, a digital therapeutic for reversing type 2 diabetes.
In Virta’s case, for example, Gorilla Health’s APIs are used to track lab readings for their patients, enable revenue recognition for their paying customers, and automatically trigger lab orders for each patient enrolling for diabetes management or receiving treatment Program. Virta makes approximately 6,000 calls to the Health Gorilla API every week.
In terms of ROI, the way Health Gorilla and Yaskin think about it is in terms of the impact on patients and the improved care they ultimately get from customers who use their APIs.
“Customers can improve patient outcomes and reduce administrative costs through automation, efficiency and time-saving processes, all of which are based on Health Gorilla’s API suite,” he said.
“Our customers are using our APIs to access comprehensive medical records, retrieve laboratory and imaging data, and ultimately enable consumers to save their own data on their mobile device.”
In 2020, Health Gorilla expanded its scope beyond digital health and forged new partnerships with government government organizations, payers and health systems. The company plans to use the new funds to accelerate its expansion into those businesses that are shifting to technology premieres.
“As health systems, insurance companies, government agencies, and other health-related organizations grow their engineering teams, they run into the same pain point – accessing clinical data is difficult, time-consuming, and resource-intensive,” said Yaskin.
“By simply integrating with our APIs, they can access and share clinical data with a huge network of EMRs in a matter of weeks.”
In addition, Health Gorilla will invest more in patient access solutions and introduce new APIs that enable consumers to access medical records, exchange data from payer to payer and assess data quality. At the same time, its APIs will help ease the burden on the digital health company of complying with legal changes in Washington, including the final rule of the ONC Cures Act that requires many health organizations to give patients electronic access to their medical records.
“With our patient access API, developers can enable consumers to securely authenticate their identity, electronically retrieve their own health records from a vast network of EMRs, and store their records securely on their mobile device. For businesses that need to comply with the new rule or those API wants to proactively provide patients with their data and significantly reduces the complexity of creating a consumer solution from the ground up. “
Health Gorilla’s grand vision is to ensure that providers have access to a complete set of health information for every patient. This includes social determinants of health, wearable data and genomics, assuming that patients can only receive the highest quality of care if providers have the full range of data available.
This new round of funding will help Health Gorilla move closer to that goal.
“This round is a testament to 2020 growth and widespread adoption of our APIs in the digital health market. 2020 has cemented our position as the premier solution for accessing clinical data in digital health. Our APIs are on the state of the art. ” At the heart of digital health, eliminating paper-based workflows and reducing administrative inefficiencies that have plagued our healthcare system for decades, “said Yaskin.
“After our Series B is complete, we are ready to aggressively increase our efforts to introduce our products to a wider audience and invest in new solutions that improve interoperability across the country.”