The Clinician completes Series A capital raising for Asia Pacific growth

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The Clinician Limited, creator of a leading digital health data platform focused on patient reported outcome measures, is pleased to announce the successful completion of its Series A round supported by experienced international investors.

The round was led by global technology investor Allectus Capital and included participation from Wavemaker Partners Singapore, Cure Kids Ventures Investment Fund and New Zealand Investment Venture Fund.

The funds will be used to expand marketing, research and development activities and accelerate regional roll-out for the company’s flagship ZEDOC PROMs product, the first of its kind in the Asia Pacific.

ZEDOC is a cloud native SaaS platform which operates within existing clinical workflows and systems to enable the distribution, collection and analysis of PROMs feedback from patients. This real-time data monitoring spans multiple patient cohorts, allowing for aggregated assessment and identification of at-risk cases and any intervention required.

ZEDOC operates to capture data across the entire care continuum – pre-, during and post-clinic – remotely (e.g., via wearables, health tracker or mobile app). By facilitating data-led treatment eligibility criteria and optimising intervention timing, it is possible for healthcare providers to improve patient outcomes using a patient-centric value-based care approach.

By capturing and analysing patient data continuously, health providers are able to reduce admission/readmission levels, raise clinical efficiency and lower total costs.

The completion of the round will allow The Clinician to expand marketing, sales and development in the Asia Pacific, with the company at the forefront of a growing wave of demand for PROMs globally, initiated by healthcare institutions and public sector regulation.

The growth capital will also be used to rollout the ZEDOC platform alongside its existing hospital partners in Singapore, Australia and New Zealand, including supporting the expansion of the company’s governmental partner programme for nationwide implementation of PROMs systems.

Managing director and co-founder of The Clinician Tamaryn Hankinson said, “We are excited to have so many experienced investors, led by Allectus Capital and Wavemaker Partners, support our mission of helping health providers implement value-based healthcare – optimising patient care while reducing costs.

“With our founding team comprised of senior physicians, pharma industry specialists and technologists, ZEDOC addresses an urgent need to rebalance high levels of clinical waste in overburdened health systems, reduce rapidly rising expenses and improve outcomes for the growing aging population.

“Our unique cross-device platform, deep learning capability and API ecosystem can produce actionable insights previously not possible for our healthcare partners.”

Source: The Clinician media release, 31 May 2019

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