eVariant raises $18.3M for patient management platform

By Aditi Pai
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evariantFarmington, Connecticut-based physician communication platform and CRM company eVariant raised $18.3 million in a round led by Lightspeed Venture Partners with additional funding from Dignity Health, salesforce.com and existing investor Health Enterprise Partners. This brings the company's total funding to at least $26 million to date.

eVariant offers healthcare organizations a platform to analyze the data they collect, execute marketing campaigns, and improve patient engagement. The platform offers care providers a place to track patient demographics, claims, clinical data, and financial information. eVariant also provides customers with a call center, secure messaging, and texting for patient engagement. The platform is built on salesforce.com. 

"Healthcare providers are faced with tremendous challenges as they balance the transition from volume to value-based organizations," eVariant CEO and Cofounder William Moschella said in a statement. "Hospitals need access to big data, analytics and digital communication capabilities to turn clinical data into meaningful insights that drive proactive conversations. By providing these solutions on an integrated platform, we enable our customers to realize efficient patient, physician and employer engagement strategies."

eVariant's customers include Dignity Health and Indiana University Health. Dignity Health, which signed as a customer this year, has a 21-state network of nearly 10,000 physicians and 56,000 employees. As noted above the healthcare system also contributed to the round.

“Dignity Health is focused on collaborating with both employed and affiliated physician practices to ensure that they are supported in their practices. We selected eVariant because their unified cloud-based platform synthesizes, stores, and delivers large sets of data that can help us strengthen our relationships with physicians and ensure their experience with us is a positive one,” Susan Whitten, VP of Corporate Sales and Marketing at Dignity Health said in a statement in March. “An integrated tool had to be intuitive, easy to learn, and be able to scale to the needs of an organization of our size. The eVariant Platform brings all of these pieces together to help us understand how to match hospital data with physician utilization data so we can continually improve upon the physician experience.”