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ChartSpan Closes $16,000,000 Round of Venture Capital

(Greenville, South Carolina) –   ChartSpan Medical Technologies, Inc. has closed a $16,000,000 round of venture capital funding. The capital will be used to grow ChartSpan’s footprint past the Appalachian region, which in turn creates hundreds of new healthcare jobs in the Upstate region of South Carolina.

ChartSpan provides patient care coordination services to health systems and ambulatory practices throughout the U.S. As reimbursements for doctors change from volume- to value-based, healthcare providers use ChartSpan’s turn-key managed service platform to provide out-of-office healthcare services to their patients. ChartSpan helps improve outcomes for chronically ill patients and delivers significant new revenue for physicians.    

The venture round was led by Cypress Growth Capital and included existing investors.  

“ChartSpan offers compelling value to physicians and patients alike,” remarked Ed Mello, Managing Director of Cypress Growth Capital. “The combination of attentive, responsive service and easy-to-use technology that does not disrupt the practice’s established workflow explains why ChartSpan is one of the fastest growing companies in its market. They have truly set themselves apart.”

ChartSpan has created more than 200 jobs in the past 15 months. With today’s funding announcement, the company expects to create 300 additional jobs in the next 18 months.  Most of ChartSpan’s 500 jobs will include nurses and certified healthcare clinicians, such as Medical Assistants, Licensed Practical Nurses or Certified Nursing Assistants.  ChartSpan will be holding a hiring event for said clinicians on June 23, 2017 from 7:00 A.M. to 3:00 P.M. at its headquarters at 2 North Main Street.

With headquarters occupying nearly 100,000 square feet of office space at 2 North Main in downtown Greenville, today’s announcement makes ChartSpan one of the largest employers in the downtown area.  

ChartSpan came to the Upstate as one of ten (10) companies accepted to the Iron Yard Ventures Healthcare Accelerator Program in 2013, sponsored by the Mayo Clinic. Upon exiting the accelerator program, the company located in Greenville and began scaling with the assistance of NEXT, the Greenville Chamber’s entrepreneur support program, and the Greenville Area Development Corporation.

“ChartSpan represents what can happen when public-private investments are made in South Carolina’s technology start-up ecosystem,” said Peter Barth, NEXT Board Chair and The Iron Yard Founder & CEO. “The major capital investment announced today indicates the momentum the company has in the healthcare marketplace and the impact they are making in South Carolina as they move toward 500 jobs in downtown Greenville.”

“This capital round helps us grow our national footprint,” said CEO and company co-founder, Jon-Michial Carter. “We currently have a stronghold throughout the Appalachian region. We plan to use these funds to deploy a national sales force and create hundreds of new clinical and technology jobs at our headquarters in Greenville.”

ChartSpan was founded by brothers, Patrick and Jon-Michial Carter.  Patrick is ChartSpan’s Chief Medical Officer and a 20-year practicing clinician.  Jon-Michial is ChartSpan’s Chief Executive Officer and formerly served in executive roles for technology companies such as Iconixx and nGenera.  

“It’s extremely satisfying to partner with Cypress in raising this $16,000,000 round,” said Patrick Carter. “Their belief in our mission ensures our ability to provide critical chronic care management services to hundreds of thousands of patients across the United States.”

“The ongoing success of ChartSpan speaks volumes about the state of industry in South Carolina,” said Governor Henry McMaster. “Businesses of all kinds are thriving here, and we’re excited about the future of ChartSpan in our state.”

ABOUT CHARTSPAN

ChartSpan helps doctors manage compliance and care coordination programs.

ChartSpan delivers turn-key patient engagement solutions to medical providers by maximizing reimbursements, improving care coordination and ensuring Merit-Based Incentive Payment System (MIPS) and Advanced Payment Model (APM) compliance.

ChartSpan is the choice of medical providers who are tired of buying expensive and ineffective software and demand a more personalized and accountable relationship with their patients. By delighting patients with interoperable and patient-designed technologies, ChartSpan delivers the highest patient engagement rates in healthcare.

ChartSpan is proud to have been named one of the Top 10 Most Innovative Companies in America.

June 15, 2017 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

The First Interoperable Patient Healthcare App In America Hits Apple and Android App Stores

Greenville, SC – The long wait for patient interoperability is over. ChartSpan has released new patient technology that can request, receive, manage and send any healthcare record.

ChartSpan is now available for free for patients on iPhone, iPad, Android smartphone and Android tablet in the Apple and Google app stores. ChartSpan is also available as a web portal on any desktop or laptop.

“ChartSpan is a powerful new healthcare tool for consumers,” said Jon-Michial Carter, CEO of Chartspan. “We built technology for patients that ensures they can use a single app to manage every healthcare encounter for themselves and members of their family. The days of forcing patients to manage multiple medical portals and apps is over.”

ChartSpan developed advanced data conversion technology that ensures a patient can import any healthcare record, regardless of whether the record is in electronic or paper form. ChartSpan includes the ability to import medical records from the following sources and convert them into organized, readable digital data;
●       patient medical portals
●       tethered mobile apps
●       CCDA files from provider EHRs, via Direct protocol (BlueButton+)
●       files from Dropbox
●       files from Google Drive
●       email attachments
●       CD or CD­ROM
●       faxes
●       all paper records

“Interoperability requires the ability to interface with many different formats, file types and systems,” said ChartSpan Senior Medical Officer and VP of Product, Patrick Carter. “We’ve integrated electronic technologies that interface with Meaningful Use certified EHRs and provider based portals. We also recognize that a majority of patients are still receiving their records and information sent to them by clinics and hospitals in paper form. So, we built simple user functionality that captures those images and converts them to digital data.”

Patients no longer need to manage multiple portals or mobile apps given to them by doctors, clinics and hospitals. Users authorize ChartSpan to retrieve records from any provider portal or app and ChartSpan automatically uploads the records into the patient’s private and secure account in ChartSpan.

“We took a contrarian approach to interoperability,” said ChartSpan’s CEO, Jon-Michial Carter. “Every vendor in healthcare is building patient engagement products for providers, then pushing them down to patients. It’s a fatal strategy. It’s why patient engagement numbers are terrible and the ONC was forced to lower Meaningful Use Stage 2 engagement benchmarks earlier this year.” Carter continued, “The healthcare industry needs to understand that if you want to engage and delight patients you have to build products for patients, not doctors.”

ChartSpan’s dedication to patients has paid off, recently becoming the most downloaded medical app in America. The company is delivering user engagement numbers 400­500% higher than those required in Meaningful Use Stage 2.

“We worked with hundreds of patients to develop our platform and user experience,” explained ChartSpan’s VP of Marketing, Armen Allahverdian. “Patients taught us what they care about and what they want. Most importantly, we learned how to effectively engage patients and drive usability of our engagement platform.”

According to a recent survey by Accentue, 84% of patients want electronic access to their health records and 69% want to have the ability to message their doctor. With ChartSpan, patients can easily do both.

“Adding the ability to securely message your doctor was an important feature we added to ChartSpan,” says ChartSpan’s Chief Technology Officer, Robert McCarthy. “Security and privacy are critical requirements within ChartSpan. We have implemented encryption to ensure every patient’s data is safe and secure. We are proud to be HIPAA compliant.”

ChartSpan is free for patients and can be downloaded on iTune or Google Play. ChartSpan is also available as a web portal, and can be accessed by clicking here.

About ChartSpan:
ChartSpan provides patient “engagement-as-a-service” (EaaS) products to healthcare providers and patients. We go beyond software products like portals and tethered mobile apps. ChartSpan combines our patient software platform, including the #1 most downloaded medical app in the U.S., with personalized marketing and unique analytics to drive increased levels of patient engagement.

September 29, 2015 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.