MD Revolution raises $23M for chronic care management system

By Aditi Pai
02:06 pm

MD Revolution has raised $23 million in a round co-led by Chicago-based Jump Capital and an undisclosed global healthcare technology company for its mobile chronic care management system. To date, MD Revolution, which is based in San Diego, California, has raised more than $30 million.

The company has developed a program, called RevUp, available on the web or on iOS devices, that helps patients track their health and communicate with a care team. RevUp integrates health information from EHRs, health monitoring sensors, fitness trackers, and surveys. MD Revolution's clinicians can use this data to detect health issues earlier, make sure patients are compliant with their medication, and offer health advice. The care team is made up of licensed nurses, nutritionists, and fitness coaches.

“We are excited to have world class institutions by our side as we blaze a trail in population health,” MD Revolution CEO Samir Damani said in a statement. “For over five years we have refined our high-touch patient engagement model for the purpose of extending the reach of providers beyond the four walls of a clinic and demonstrating that value-based care is truly scalable."

At the beginning of 2015, CMS began reimbursing physicians for the care they provide to a particular group of their Medicare patients remotely and between visits. This new billing code, called Chronic Care Management (CCM), required that this remote care meet a few criteria, like patients must have two or more chronic conditions; the physician must establish a comprehensive care plan for the patient; and the remote care must take up at least 20 minutes of staff time over the course of the month. 

MD Revolution enrolled its first CCM customers in February, according to the company. It now offers its services to more than 100 practices and aims to add "hundreds of additional practices representing several hundred thousand patient users" next year.

The company raised its last round in February 2014.


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