HealthEC, an Edison, NJ-based healthcare technology company, raised an additional funding of an undisclosed amount.
Backers included HLM Venture Partners and the Labcorp Venture Fund.
The company intends to use the funds to pursue new healthcare value-based care opportunities while also expanding their behavioral health management platform.
Led by newly appointed CEO Chris Caramanico, HealthEC is a provider of population health management solutions and specializes in and health digital transformation. It enables a personalized healthcare by leveraging connectivity and interoperability: connecting claims and clinical systems, enabling data-driven collaboration between payers and providers, and streamlining care coordination across the healthcare landscape. Organizations are empowered with comprehensive analytics and integrated, role-based tools that translate insights into strategies, address care gaps, and improve quality metrics.
Arthur Kapoor, founding CEO, will continue to serve as a board member and advisor to help the company and its work in the behavioral health marketplace. Steve Tolle, advisor to HLM Venture Partners, will assume role of chairman.