Smile CDR, a Toronto-based company that offers software for health and clinical data interoperability, has raised $20M in Series A funding led by 30 North Group and UPMC Enterprises.
Toronto-based Smile CDR has announced that it has secured a $20 million Series B round of financing. The company plans to use the new capital to continue developing its software for health and clinical data interoperability.
Smile CDR’s flagship product, called ClinicianDock, is a platform that helps healthcare providers share data between different systems. The company says that the product is currently being used by over 1,000 organizations in over 25 countries.
“The investment will help us bring our products to even more healthcare providers around the world,” said Smile CDR CEO Amir Goldstein in a statement. “We’re committed to helping our customers overcome the interoperability challenges they face every day.
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A $20 million investment was raised by Smile CDR to expand the platform’s ability to liberate data through FHIR-driven platforms
UPMC Enterprises, a Seattle-based family office, and 30 North Group, a Toronto-based company that specializes in health data storage and integration, have announced their support for Smile CDR Inc., a Toronto-based company that specializes in health data storage and integration.
It was founded in 2016 by Smile CDR, a provider of a suite of services for health systems, payers and hospitals that allows them to meet U.S. standards for interoperability quickly and securely. Data and integration platform comprised by Smile CDR includes a complete clinical data repository (CDR) that supports all the FHIR resources that are required to maintain health records as well as HL7® Health Level Seven (HL7®) fast healthcare interoperability resources (FHIR®) standards.
An overview of Smile CDR’s features and capabilities can be found here
- There are a number of features and capabilities included in Smile CDR, such as:
- There are multiple versions of the FHIR protocol -FHIR profiles -Full text indexing of clinical records in FHIR
- Search functionality that is based on typing ahead
- Data inputs for FHIR, HL7v2, and custom ETLs are supported
- The product has federated identity and identity provider functionality. The product supports international character locales
- Services related to terminology
- A smart approach to supporting FHIR with auditing
- Deployment within a short period of time
- A wide range of administrative tools are available to you
It has been a year of rapid growth for Smile CDR since the start of the year, with the company growing its employee base by 400% from year to year with organic revenue growth from the company’s core FHIR offering growing organically. Currently, the company is working with more than 23 payers across the country, including three of the top ten largest health insurers and plans, as well as customers from more than 15 countries throughout Europe, the Americas, and Asia-Pacific.