Kura MD, a Roseville, CA-based developer of telehealth solutions for healthcare, announced it has raised $1.5 million in series A financing from Moneta Ventures to expand its physician network and telemedicine platform. Combined with its physician network, Kura MD’s telemedicine platform enables convenient, secure, HIPAA compliant telehealth appointments between physicians and patients through a computer, smart phone or tablet 24 hours a day, seven days a week.
The company plans to utilize the capital to support the rollout of its Kura MD telemedicine system, designed to provide individual physicians, physician groups, urgent care providers and workers’ compensation practitioners with an integrated, web-based telehealth solution, which can be quickly and economically implemented in any professional practice setting.
Kura MD telehealth services incorporates EMR, an interface hub, registration system, verification, billing, claims, video conferencing, and integration of peripheral equipment, practice management and an optional best-in-class health station.
In addition, Kura MD enables the doctor to bring in a specialist to consult during a telemedicine visit to provide real-time consultation. The system is specially designed to streamline all administrative work associated with doctor-patient relationships, including electronic medical record documentation, insurance verification and administrative and reimbursement documentation.
“It is our vision that Kura MD will provide the most advanced and comprehensive system available to physicians in any practice environment and provide a superior user experience for patients,” said Kevin Hamm, Kura MD Founder and CEO in an statement. “Incorporating the Kura MD platform into their practice, doctors will be able to offer a new level of timely, convenient care for their patients while providing the latest connected healthcare technology, insuring privacy and reducing administrative tasks for both the doctor and the patient.”
The funding by Moneta Ventures represents the first venture capital funding for Kura MD.