Bangalore: Columbus-based healthcare biometric ID firm, CrossChx raises $15Million in Series B round of funding led by Khosla Ventures along with its existing investor Drive Capital. The firm will utilize the fund to identify medical patients and fix mistakes in their records. The company had raised its Series A funding from group Drive Capital.
Founded in 2012 by Sean Lane and Brad Mascho, CrossChx offers a kiosk for hospital lobbies where patients sign in by having their fingerprints scanned. The company aims to provide a global solution to the healthcare identity crisis. Their identity resolution system and intelligence solutions help healthcare providers drive revenue, reduce risk and improve health outcomes. Today, the company is deployed in more than 100 hospitals across eight states, and has verified more than 2 million patient visits.
With the new funding, CrossChx plans to build mobile platform and to grow its team of about 35 to 100 individuals. With the help of its technology, it can improve the patient’s safety against fraud and abuse. It will also empower them with control over their medical records.
CrossChx believes that a global patient identity is not only achievable but a fundamental necessity for healthcare. Hence, the firm plans to set a goal of expanding it to every state by the end of the year.