Morristown, New Jersey-based Medocity raised $650,000, according to an SEC filing. This brings the company's total funding to at least $3 million.
The company offers providers a handful of care coordination and patient engagement programs focused on cancer care, congestive heart failure, senior care, and COPD (coming soon). The CHF and COPD programs focus on helping providers reduce readmissions. Each of the disease management programs make use of mobile apps and other digital technologies -- like video chats -- to keep patients, caregivers, providers, and patient liasons in the loop.
Medocity's flagship app, called iCancerHealth, helps patients manage their cancer care. From the app, patients and caregivers can manage their medications, track and report symptoms, share progress reports with their doctor via email, communicate with other cancer patients, and record changes in their overall health.
“We are focused on improving the patient’s quality of care at home," Medocity CEO Raj Agarwal said in a statement when the app launched in April 2014. "The challenges of cancer coupled with the complexities of treatment and supportive care make it difficult for patients and/or their caretakers to manage care at home effectively. In addition, most providers lack the tools, time and resources needed to transition care requirements to the patient’s home."
Prior to founding Medocity, Agarwal served as CFO and global head of strategy and operations for Novartis Biologics. Medocity's CTO Anil Balani specializes in video collaboration technologies and most recently worked at Glowpoint as SVP of technology.
iCancerHealth communicates with another app, called Medocity MD, which is only available to "credentialed care providers". From this app, providers can communicate with patients, send health alerts, and track the patient's vitals. iCancerHealth is available for iPad, iPhone, and Android devices and Medocity MD is available for iPhones and iPads, but not on Android.
The company has two additional apps -- one, called MyLifeConnect, which helps older adults engage with their provider, track their health, and log memories in a personal diary, is only available on iPad. The other, called CHF Care, which helps patients manage their congestive heart failure, is only available for Android devices.
