Friday, July 22, 2016

AristaMD Gets $11M To Reduce Unnecessary Doctor's Visits

San Diego-based AristaMD, which is developing software tools to help coordinate referrals by physicians to specialists, has raised $11M in a Series A funding round. The funding was led by Avalon Ventures, and also included Correlation Ventures. AristaMD says it has created software which is aimed at reducing the estimated 60 percent of specialists visits, which are routine and do not require and in-person visit. The company says its tool includes a comprehensive referral work up checklist, which reduces specialist visits by 30 percent or more and also reduces ER visits and hospital admissions. AristaMD is led by Rebecca Cofinas, and its technology is based on research from UC San Francisco (UCSF). More information »