"Mount Sinai Spinoff Raises $1.8M, Launches Enterprise Digital Therapeutic Prescription Tool" - Dave Muoio
RxHealth – a Mount Sinai Health System spinoff that has built an app prescription platform for enterprises – has raised $1.8 million in seed funding. The investment will help the company pursue new clients and support the launch of its digital therapeutics and patient engagement tool, Bulk Prescription. The spinoff’s newly launched offering, Bulk Prescription, looks to help care teams prescribe and deploy care plans and digital therapeutics en mass. Designed to help manage entire cohorts, it will also allow individual patients control their symptoms by facilitating immediate access to education, remote monitoring, or a digital therapeutic via a device. "Rx.Health is expanding the model for patient care by extending care outside of the clinical setting and allowing health care systems to harness the power of digital health,” said Erik Lium, PhD, executive vice president of Mount Sinai Innovation Partners. "Rx.Health is a prime example of the innovative, patient-first discoveries valued by the Mount Sinai Health System and I look forward to seeing its expansion as a leader in digital medicine."
- Erik Lium, PhD, Executive Vice President, Mount Sinai Innovation Partners