Shareable Ink®, the enterprise cloud computing company that transforms point-of-care clinical documentation to structured data and analytics, has closed $10.7M in Series C financing.Lemhi Ventures, a healthcare-focused venture capital firm dedicated to disruptive change, led the oversubscribed round from existing investors.
Shareable Ink (with offices in Boston and Nashville) will use funds to expand client operations and R&D. Also, new market expansion announcement is coming soon – as early as next week.
Additionally, Glen Tullman, former Allscripts CEO and healthcare technology industry veteran joins Shareable Ink’s board of directors. CEO Laurie McGraw and Glen have a long successful history at Allscripts where she previously served as the Chief Client Officer.
Shareable Ink solutions are focused on enhancing clinician productivity and quality of care delivery by leveraging natural input tools — like digital pen and paper or iPads — with a powerful enterprise cloud platform. Clinicians use their existing forms and workflows to complete clinical documentation that is converted into structured and clinically-encoded data that can be used for reporting to hospital IT systems, physician billing systems, and national registries. Today, over 2,000 clinicians use Shareable Ink at nearly 200 hospitals and ambulatory surgery centers across the US.
The company recently closed $3 million in equity funding in May of this year led by investor Lemhi Ventures.
