Medical decision support co medCPU raises $35m

Sonia Ben Yehuda

medCPU CEO: Our solution provides precise, real-time decision support prompts to clinicians without interrupting their workflow.

Medical decision support company medCPU has raised $35 million led by UPMC with previous investor Merck Global Health Innovation Fund also participating in this round. This is the largest financing round closed by an Israeli medical startup this year.

medCPU was founded in 2008 by president Sonia Ben-Yehuda and CEO Eyal Ephrat. With offices in New York and Tel Aviv, the medical decision support company develops and markets medCPU Advisor, an intelligent decision support solution that uses precise technology, extensive content, and robust services to deliver real-time alerts that improve quality, safety, efficiency, and costs. The medCPU Advisor technology addresses healthcare IT challenges of interoperability, capturing relevant patient information including free text, structured data and dictation, in real-time, to enable the delivery of actionable insights at the point of care.

Ben-Yehuda said, We are excited to have UPMC as a majority partner and investor. Having access to the clinical, technological and operational expertise of one of the countrys leading integrated health care providers and insurance systems will enable medCPU to rapidly expand our current capabilities and leverage our technology to greatly impact an industry that is moving quickly to value-based care.

Ephrat said, Our solution provides precise, real-time decision support prompts to clinicians without interrupting their workflow.

Our partnership with medCPU will provide UPMC with technology and solutions that will be immediately valuable to our clinicians and patients. Longer term, this powerful technology will enable the development of other data-dependent applications in such critical areas as care management, population health and consumer engagement, said Tal Heppenstall, president of UPMC Enterprises, the commercialization arm of UPMC which led this investment. medCPU is a perfect example of the kind of technological innovation nurtured by UPMC Enterprises to help us transform the delivery of care, not only at UPMC but around the world.

medCPU, which already counts more than 60 hospital facilities among its clients, is opening a Pittsburgh office, where it will hire more than 20 engineers and other staff to work with UPMC to co-develop additional products and to enhance its existing solutions.

medCPUs solution makes it possible to combine rich, highly accurate information with extensive clinical best-practice content and services resulting in reduced alert fatigue and improved response rates, thus avoiding clinical errors and reducing costs.

Published by Globes [online], Israel business news - www.globes-online.com - on February 29, 2016

Copyright of Globes Publisher Itonut (1983) Ltd. 2016

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments

 
Sonia Ben Yehuda
Sonia Ben Yehuda
Twitter Facebook Linkedin RSS Newsletters Israel Business Conference 2016