CED Tech Venture profile: Infina Connect, managing patient referrals

Infina Connect, one of the startups presenting at the CED Tech Venture event, says its software helps improve the physician referral process.

The goal is to deliver better care at lower costs.

Infina’s technology already has demonstrated the ability to attract investors, having raised some $3 million in 2015.

“Today, changes in reimbursement are forcing physicians to look for ways to deliver better care at lower cost,” says CEO Mark Hefner.

“We address many of the underlying issues that drive up the cost of healthcare – gaps in communication, lack of care coordination, inefficiencies, missing information, missed prevention opportunities, and unnecessary services contribute as much as $390 billion of the almost $750 billion dollars of healthcare spending that is wasted annually. “

This profile is presented as part of a partnership between WRAL TechWire and the CED.

What is the focus of your business?

Infina Connect is a SaaS software company that is solving one of the most critical issues in healthcare today – ensuring that patients receive high value, coordinated care when they need to be referred to another physician or care setting.

What is the top pain point/business application you are seeking to address?

Today, changes in reimbursement are forcing physicians to look for ways to deliver better care at lower cost. We address many of the underlying issues that drive up the cost of healthcare – gaps in communication, lack of care coordination, inefficiencies, missing information, missed prevention opportunities, and unnecessary services contribute as much as $390 billion of the almost $750 billion dollars of healthcare spending that is wasted annually.

We provide a physician referral management solution that addresses these issues by enabling care coordination and clinical information exchange between healthcare providers, different care settings, and patients.

What makes it unique?

We worked closely with a market leading physician group to develop a solution that is easy to adopt, easy to use, low cost and delivers significant value to physicians, their patients and payers.

Why should investors be interested in your firm?

We are focused on solving a critical business problem that must be addressed in order for healthcare organizations to succeed under new value-based payment models. Infina Connect has a proven solution with the largest community wide deployment of a referral management solution in the country today, and is in a market in need of affordable innovation.

As providers transition to electronic referral management Infina Connect is in a great position to grow rapidly and become a market leader in this space.

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