# Phrase Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phrase-health

- Industry: Software
- Headquarters: Philadelphia, US
- Website: www.phrasehealth.com
- Total disclosed funding: $3M
- Latest round: Seed (Oct 15, 2021)
- Investors on record: 4

## About

Based in Pennsylvania, US, and founded in 2018 by Chief Executive Officer Marc Tobias, Phrase Health, Inc. operates as a developer of an EHR workflow management system for health systems to improve patient care. In August 2024, Phrase Health, Inc. raised USD 2 million in grant funding from The National Institutes of Health. 

Phrase Health, Inc. specializes in electronic health record (EHR) workflows for hospitals and healthcare providers. The company’s EHR workflow management solution enables hospitals to monitor, analyze, and improve their clinical decision support systems. The platform offers features such as instant data access, dashboards, governance tools, and collaboration capabilities. It provides insights into EHR workflows, highlights inefficiencies, and supports organizations to benchmark their performance. In addition, the firm identifies tools that streamline EHR workflows, providing actionable insights and automating processes to ease the burden on healthcare providers.

The company plans to use the funding from August 2024 to develop a content library of quality improvement (QI) templates for its outcome's product.

## Funding rounds

- Seed, Oct 15, 2021, $3M — BioAdvance, LionBird, Vizient, Inc.
- Seed, Jan 1, 2019 — Hong Shan, BioAdvance

## Investors

- Hong Shan — Seed
- BioAdvance (https://capitalatlas.ai/funds/bioadvance) — Seed
- LionBird (https://capitalatlas.ai/funds/lionbird) — Seed
- Vizient, Inc. — Seed