Seamless Medical Systems Receives Investments from the California HealthCare and The Kresge Foundations
Santa Fe, NM (PRWEB) February 12, 2015 -- Seamless Medical Systems, Inc., has received a $750,000 investment from the California HealthCare Foundation (CHCF) and The Kresge Foundation as part of their Partnering for Impact initiative. This investment will help support the rollout of Seamless Medical’s Patient Engagement Platform to safety-net health clinics and patients nationally.
“CHCF invested in Seamless Medical Systems because we believe their system can help community health centers improve the patient experience and meet the increasing patient volume resulting from coverage expansion,” said Margaret Laws, director of the CHCF Innovations for the Underserved program. “We’ve spoken to community health centers across the country, and they have all voiced the need for efficiency-improving technologies that automate intake, risk assessment, and surveying – Seamless Medical Systems does all three.” said Laws.
Community health centers around the country serve over 90 million patients annually. There is an urgent need to increase access to care for underserved populations as health insurance coverage expands. Bringing 21st century technology to the waiting room to replace the “quill and parchment” patients currently use will result in shorter wait times, increased access, reduced costs and an enhanced patient experience.
“We are pleased to have been selected as a recipient of the Partnering for Impact initiative, a collaborative effort by California HealthCare Foundation (CHCF) and The Kresge Foundation to invest in technology and service companies that help safety-net providers make their resources go further,” said David J. Perez, Founder and CEO of Seamless Medical Systems, “and are confident that our digital registration and check-in solution can help Community Health Centers improve access, efficiency, and affordability of healthcare.”
“The Kresge Foundation looks for investments where there’s opportunity for impact, where it can help attract capital from other sources or buffer the risk in piloting new financing structures”, says Kimberlee Cornett, who directs the foundation’s Social Investment Practice. The Partnering for Impact initiative aims to help community health centers and clinics make their resources go further, increase patient access to care and lower the cost of providing care.
About the California HealthCare Foundation
The California HealthCare Foundation works as a catalyst to fulfill the promise of better healthcare for all Californians. We support ideas and innovations that improve quality, increase efficiency, and lower the costs of care. The CHCF Health Innovation Fund invests in sustainable, scalable business models with the potential to significantly lower the cost of care or improve access to care for underserved populations. Click here for the CHCF Press Release.
About Seamless Medical Systems
Seamless Medical Systems is the creator of the SNAP® Practice Patient Engagement Platform a unique, mobile enterprise patient communications platform. Our platform seamlessly exchanges patient data between EMR and practice management systems, verifies insurance, collects payments and delivers personalized health education and marketing to healthcare consumers, at the point of care and beyond the office setting. For more information, please visit seamlessmedical.com
About The Kresge Foundation
The Kresge Foundation is a $3 billion private, national foundation that works to expand opportunities in America’s cities through grant making and investing in arts and culture, education, environment, health, human services, and community development efforts in Detroit. In 2013, the Board of Trustees approved 316 awards totaling $122 million; $128 million was paid out to grantees over the course of the year. In addition, its Social Investment Practice made commitments totaling $17.7 million in 2013. For more information, visit kresge.org.
Liz Lake, Seamless Medical Systems, http://www.seamlessmedical.com, +1 (505) 933-6624, [email protected]
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