Tech startup Healthfinch has received $2.8 million in capital investment for its hospital task automation software.
Healthfinch, one of a handful of health technology companies based in Madison, Wis. — close to the Verona, Wis., headquarters of EHR giant Epic — provides a pharmacy automation service called Swoop, which helps boost the efficiency of prescription refill requests. The company claims its software saves hospitals 30 minutes per day by intercepting and processing requests and routing them to the appropriate staff member, according to Xconomy.
The system launched in 2012 and now serves approximately 1,000 physicians. Healthfinch plans to use the additional funding to expand its staff by hiring more sales and engineering personnel, according to the report.
"Our focus as a company is to take the routine, repeatable work … and use the data from the electronic medical record to automate and delegate those tasks more efficiently," Healthfinch co-founder and CEO Jonathan Baran told Xconomy.