Medsphere Systems Corporation
Latest round
- Series B
Last raised
- Jan 2005
Total raised
- $7.5M
Investors
- 3
About Medsphere Systems Corporation
Founded in 2002 and headquartered in Carlsbad, US, Medsphere Systems Corporation focuses on delivering healthcare IT solutions. CEO Irv H.Medsphere offers a comprehensive suite of healthcare IT solutions designed to meet the diverse needs of inpatient and ambulatory facilities. Their core product, CareVue, is a fully integrated electronic health record (EHR) system that facilitates coordinated patient care across various environments, including acute care hospitals, critical access hospitals, and behavioral health facilities. This system is tailored to enhance patient safety and clinician communication, particularly for patients with chronic conditions. Additionally, Medsphere provides Revenue Cycle Management (RCM) solutions that optimize financial operations for healthcare providers, along with ChartLogic, an ambulatory EHR suite catering to physician practices across multiple specialties.Medsphere generates revenue primarily through subscription-based models and service agreements linked to its suite of healthcare IT solutions. The company's flagship products, including CareVue and RCM Cloud, are typically contracted on an annual basis, allowing healthcare providers to integrate these systems into their operations. The transaction structure appears to involve direct agreements with healthcare facilities, enabling them to enhance their operational efficiencies and patient care capabilities. Medsphere’s offerings facilitate improved financial performance for clients, thereby supporting ongoing revenue growth. Specific initiatives include the launch of enhanced features for its CareVue system and strategic expansions into new geographic markets to better serve healthcare providers. The target timeline for these expansions is set for the next two years.
Who invested in Medsphere Systems Corporation
3 investors across 1 round
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Funding rounds
Series B
Jan 25, 2005
Amount
$7.5M
Investors
Questions about Medsphere Systems Corporation
Who invested in Medsphere Systems Corporation?
Medsphere Systems Corporation has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Medsphere Systems Corporation raised?
Medsphere Systems Corporation has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Medsphere Systems Corporation last raise money?
Medsphere Systems Corporation's most recent round on record is a Series B, in Jan 2005.
What does Medsphere Systems Corporation do?
Founded in 2002 and headquartered in Carlsbad, US, Medsphere Systems Corporation focuses on delivering healthcare IT solutions.
Where is Medsphere Systems Corporation headquartered?
Medsphere Systems Corporation is headquartered in Carlsbad, US.
Which VCs invest in companies like Medsphere Systems Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Medsphere Systems Corporation's stage. Their profiles are linked below.
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