RubiconMD, an eConsult platform providing access to specialist expertise, announced it raised $18 million in Series C funding led by Deerfield Management Company. Also participating in this investment round are existing investors including Optum Ventures, HLM Venture Partners, Waterline Ventures and Heritage Provider Network. To date, the company has raised more than $40 million. RubiconMD expects to use the new capital to fuel its ongoing growth, and also plans to leverage its data to deliver new product offerings to better serve primary care clinicians.
As part of the financing round, RubiconMD is adding Julian Harris, M.D., Partner at Deerfield, to the Company’s Board of Directors. Trained as a primary care physician, Dr. Harris has played a key role in helping to accelerate the country’s shift towards value-based payment through senior roles in the public and private sector.
Motivated by their own experiences within the health care system, Chief Executive Officer Gil Addo and President Carlos Reines founded RubiconMD in 2013 to bridge the gap between primary and specialty care. Currently, the platform offers quick access to specialist insights across more than 120 specialties. The company has partnered with the top payors in the country to scale its offering.
Launched in 2013, RubiconMD is a web-based eConsult service that connects primary care clinicians to top specialists. Through its digital platform, RubiconMD enables the remote exchange of insights between clinicians to eliminate unnecessary referrals and services, reduce consumer wait time and travel burdens, and allow primary care to practice at the top of their license.
This was reported by BusinessWire on March 10, 2020.
Contact information: RubiconMD, 222 Broadway, New York, New York 10038; Website: http://rubiconmd.com/