Nashville, Tennessee-based Medaxion, which has developed a mobile-based EHR offering for anesthesiologists, raised $1.3 million, according to an SEC filing. This brings the company’s total funding to at least $5 million to date.
Medaxion’s offering, called Medaxion Pulse, which is available on iPads and iPhones, helps anesthesiologists with documentation and communication. After practitioners enter data into Medaxion Pulse, the system will send updates to the clinical team and administrative staff, including event times, case providers, vital signs chart, procedures, and patient history.
Relevant team members also receive detailed text messages when certain events occur, for example, when there’s a role handoff, incomplete case record alert, conflicting schedule data warning, or fax printing error. Medaxion Pulse will use this data to create quality improvement reports and management reports, which include billable hours by provider, procedures by provider, and operating room utilization.
Medaxion’s other offering, called Medaxion Q, helps anesthesiologists with regulatory reporting. The service provides users with a dashboard that displays a number of quality measures like antibiotic administration, surgery start, patient arrival, and patient ready, to help users generate accurate quality improvement reports.
In October 2014, PhyMed Healthcare Group announced that they would start deploying Medaxion Pulse in their anesthesiology practices. PhyMed said at the time that they completed implementation in their Anesthesia Medical Group (AMG), the largest anesthesia practice in Tennessee, and were actively rolling out the solution at major hospitals and healthcare systems within their Tennessee, Kentucky and Pennsylvania markets.
