BrightStar Wisconsin Foundation Inc. today announced another 2016 investment and would like to welcome Madison-based Moxe Health into its portfolio of Wisconsin early-stage, job-creating companies.
Moxe provides the healthcare market with a more effective electronic health record integration technology that, among other things, automates the exchange of data between healthcare providers and health plans to aid service to high-risk populations.
“Providing a longitudinal patient record is one of the core components of the country’s move to outcomes-based medicine,” said Todd Sobotka, BrightStar’s portfolio manager. “Moxe has designed the ‘pipes’ that clinical and demographic information travels through that allow for more efficient data transfer between providers and payers. The company’s product is being used around the country, bringing a newfound efficiency to our healthcare system.”
It was announced earlier this month that Moxe received $5.5 million in capital led by Safeguard Scientifics (NYSE:SFE), a Pennsylvania-based growth-capital provider. Read the full story here.