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SAN FRANCISCO, April 8, 2021 /PRNewswire/ -- Canvas Medical, the only complete software platform for value-based care, today announced $17 million in funding. The financing was co-led by Inspired Capital and IA Ventures, with participation from IRONGREY and previous investors Upfront Ventures and iSeed. Designed to help doctors and insurers collaborate on high-quality patient care, Canvas software replaces traditional electronic health records (EHRs), practice management systems, telehealth tools, and myriad bolt-on applications with one unified system, purpose-built for value-based care.
"Physicians in every corner of the country have told us they need better technology to succeed in new payment arrangements with their insurance partners. Not just faster software that's easier to use, but smarter software," said Andrew Hines, founder and CEO of Canvas Medical. "Leading insurers know their longitudinal data is key to building smarter clinical systems, and they know a reimagined EHR is the ideal context for those insights to empower clinical teams day in and day out."