Health systems quest for interoperability meets a big fat impasse when it comes to dealing with the closed systems of electronic health record providers, even as they open up app stores. To give hospitals a fuller picture of what’s available to them, Redox developed an API to bridge the gap between developers and health systems.
Redox co-founders, are all former staff from the largest EHR provider Epic Systems. Redox took part in the demo day for DreamIt Health‘s Baltimore chapter. Redox in the midst of raising $1.6 million to grow its customer base to 50 health systems.
Founded last year in Madison, Wisconsin, it’s developed an API for healthcare software developers across startups to publicly listed companies so their solutions can be more easily integrated by health systems. It can also give healthcare facilities a better understanding of all the apps available to it, not just the ones available through any one EHR provider.
Mark Bakken is among its investors and advisers. He also founded Nordic Consulting, a company and served as an angel investor in Redox’s seed round. Nordic helped Epic set up an app store to allow third-party companies to develop products in tandem with its EHR system.
Other EHR providers that also have app stores include Allscripts, Athenahealth, and Greenway Health.
“Health IT has an arduous sales process. It’s a fragmented market. It’s not a liquid market because of the expensive switching costs” health systems face, said Redox co-founder Niko Skievaski. Another co-founder, James Lloyd, noted that it’s encountered some interesting telemedicine apps to make it easier for health facilities to practice telemedicine. Chiron Health, for instance, developed a solution to more easily identify reimbursement billing codes.
