The U.S. healthcare system is more reactive than proactive in promoting good health to its patients. Essential care is only delivered for chronic diseases after a critical illness strikes an individual and not before. The shift from a fee-based healthcare system as it currently exists today to a “value-based” or “outcome-based” care model is slowly happening. Teddy Cha and Hai Po Sun recognize this gradual change occurring and are working to accelerate proactive treatment of chronic diseases with their startup, pulseData. pulseData aggregates patient medical data, uses machine learning to predict who is most likely to experience chronic kidney disease (CKD) and proactively matches these high-risk patients with the necessary renal care needed. The healthcare startup raised $16.5M in their Series A from Bain Capital and Two Bear Capital leading the round.
"The future of healthcare will depend on leveraging advanced technologies that keep patients healthier and costs lower. pulseData is focused on having exactly this impact on renal disease, a chronic condition that affects millions of patients and costs the healthcare system over $100 billion a year," said Mike Goguen, Founder and Managing Partner of Two Bear Capital. "We're excited to continue our partnership with such a brilliant and mission-driven team of entrepreneurs."