eChart Healthcare

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eChart Healthcare - overview

Established

2016

Location

Fredericton, NB, Canada

Primary Industry

Healthcare IT

About

eChart Healthcare specializes in innovative healthcare solutions, focusing on telehealth platforms that enhance patient monitoring and health data management for providers across North America and Europe. Founded in 2016 and headquartered in Fredericton, Canada, eChart Healthcare is dedicated to improving healthcare delivery through advanced telehealth solutions. The company has not undergone any significant pivots in business strategy or operations. The latest funding round, a Seed round of USD 0.


80 mn, was completed on June 17, 2019, led by New Brunswick Innovation Foundation. The company has raised a total of USD 0. 80 mn to date. Amanda Betts serves as the CEO of the company.


eChart Healthcare provides innovative solutions in the healthcare sector, primarily through its flagship products designed for patient monitoring and health data management. Their core offerings include advanced telehealth platforms which enable remote patient consultations and continuous health monitoring, addressing the challenges of accessibility and efficiency in healthcare delivery. The company's products are tailored for hospitals, clinics, and individual healthcare providers, effectively serving both urban and rural markets across North America and Europe. By integrating advanced technology, eChart Healthcare aims to improve patient outcomes, reduce hospital readmission rates, and streamline communication between healthcare professionals and patients.


The company has strategically positioned its services to cater to a diverse client base, including healthcare institutions, insurance providers, and patients seeking convenient healthcare solutions. eChart Healthcare generates revenue primarily through subscription-based models for its telehealth services, allowing healthcare providers to access their platforms on a monthly or annual basis. This structure facilitates predictable cash flow and fosters long-term relationships with clients. The company also offers tiered pricing plans based on the level of service and number of users, ensuring scalability for small practices and large hospital networks.


Partnerships with healthcare organizations further enhance revenue streams, as these collaborations often involve joint marketing initiatives and shared resources. The focus on flagship products, particularly those that enhance remote monitoring and patient engagement, underscores the company's commitment to delivering value in the healthcare market while driving sustainable growth through its client-centric approach. eChart Healthcare plans to utilize the funding raised in June 2019 to support the development of new telehealth products and enhancements to existing platforms. The company aims to expand into additional markets, specifically targeting regions in Europe and North America by 2022.


This strategy includes the introduction of new features in their telehealth services to improve user experience and increase accessibility for patients and healthcare providers.


Current Investors

New Brunswick Innovation Foundation

Primary Industry

Healthcare IT

Sub Industries

Healthcare IT, Web Applications, Software

Website

www.echarthealthcare.com

Verticals

HealthTech, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

eChart Healthcare - employee data

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