Greenville, SC startup ChartSpan announced it obtained new funding to continue its national growth.
The heatlhcare managed service provider for chronic care management programs raised $15 million in Series A funding, led by BIP Capital. Supporting investors included Blue Heron Capital, C&B Capital, Service Provider Capital and Bailey Southwell & Co.
The health tech startup offers a turn-key service for MIPS compliance, Chronic Care Management, and Annual Wellness Visits, allowing both patients and providers to see higher levels of engagement, better adherence to prescribed care paths, and better patient outcomes.
“This syndicate represents a seasoned group of venture firms who have deep healthcare experience. As we begin to expand our presence outside the Southeastern United States, we know we need partners who can help us scale on a national level and move into the large, enterprise healthcare marketplace,” said ChartSpan CEO, Jon-Michial Carter, in a statement. “Most importantly, the firms in this round are a cultural fit. Culture drives our success, and this syndicate group embraces our values and convictions. We couldn’t be more delighted to have such a strong group of investors supporting us.”
“We continue to focus our attention on solutions that drive meaningful healthcare change,” adds BIP Capital CEO Mark Buffington. “ChartSpan’s innovative solutions address the growing burden of chronic care management by reducing cost and improving healthcare outcomes. We are excited to partner with them as they expand their proven solution nationally.”