IU funds invest additional $250K in Diagnotes, a health care communication and collaboration company
Diagnotes will further commercialize its platform that improves clinician productivity and quality of patient care.
BLOOMINGTON, Ind. — The IU Philanthropic Venture Fund and the Innovate Indiana Fund, which provide capital to companies founded by Indiana University faculty, students, alumni and staff to help bring their research and innovations to the public through new ventures, have made a cumulative follow-on investment of $250,000 in Indianapolis-based Diagnotes Inc.
Diagnotes provides a suite of team-based, patient-centered collaboration tools built specifically for the health care sector. In a single app, health care professionals can communicate with colleagues in their system, affiliates in other systems, and patients and their loved ones. The platform improves clinicians’ productivity and increases the quality of patient care they are able to provide.
“These follow-on investments will help us ramp up our commercialization efforts,” Wortman said. “We will add a chief commercial officer and more sales personnel to our team, as well as expand our marketing programs.”
Diagnotes serves approximately 78,000 users in 10 hospitals/health systems and 15 physician groups in nine states across the country. The company has seen expanded use by clients concerned with protecting providers and patients from unnecessary exposure to the novel coronavirus.
“A lot of the uses have been focused on keeping patients away from outpatient clinics and the emergency department while still empowering doctors to provide care through virtual visits,” Wortman said. “We believe that mirroring the natural communication habits of doctors, nurses and patients is the best path forward for health care.”
Wortman said Diagnotes will evolve with newly established best practices and help health care systems continue to innovate digital health care now and after the pandemic has passed.