About ChartWise Medical Systems
ChartWise Medical Systems is a Healthcare company based in Wakefield (United States) founded in 2009, and was acquired by Iodine Software in June 2021. Clinical documentation and coding solutions are developed for hospitals. ChartWise Medical Systems has raised $2.1 million across 2 funding rounds from investors including Iodine Software and FCA Venture Partners. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its competitors include Abstractive Health, ScyMed and iTreatMD; 1 of its 3 listed competitors has raised funding.
Company details
ChartWise Medical Systems is the premier developer computer-assisted clinical documentation improvement for hospitals, designed to capture a complete medical record and ensure revenue optimization. Offers - ChartWise: CDI (enterprise edition), which makes diagnostic suggestions for medication inputs and lab results, and enables to compare the financial impact of various diagnoses, and ChartWise: CDI (personal edition), a hosted solution for clinical documentation improvement for the individual clinical documentation specialists to provide electronic queries and query tracking, along with a variety of reports and metrics. The ChartWise 2.0 leverages true Dual CDI helping eliminate double coding and while being compliant for ICD-10. Built-in expertise helps the CDS find what is not yet on the chart and Electronic queries, workflow management, and the TruCode Essentials Encoder provide the tools required. Robust on-demand DataScan reporting and alerts provide actionable data for the entire healthcare organization. ChartWise Medical Systems has a strategic agreement with 3M Health Information Systems.
- Headquarters Wakefield, United States
- Stage Acquired
- SectorsHealthcare
- Website chartwisemed.com
- Social LinkedIn X
- Acquired by Iodine Software (Jun 2021)
- Total Equity Funding$2.1M (USD)
in 2 rounds
- Latest Funding Round$2M (USD), Seed
Sep 2012
- InvestorsIodine Software
& 1 more
- Acquired byIodine Software
(Jun 2021)
Funding Insights of ChartWise Medical Systems
ChartWise Medical Systems has successfully raised a total of $2.1M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in September 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.1M
- Total Rounds 2
- Last Round Seed — $2M
- First Round $100,000
(Aug 2009)
- Investors Count 1
All 2 funding rounds of ChartWise Medical Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2012 | $2M | Seed | – | – | |
| Aug 2009 | $100,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in ChartWise Medical Systems
ChartWise Medical Systems has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Iodine Software and FCA Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offline-focused VC firm investing primarily in the US | fcavp.com | Brentwood, United States | ||
AI-based clinical documentation integrity and revenue management solutions are provided. | 2010 | iodinesoftware.com | Austin, United States |
Investor details for ChartWise Medical Systems
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People of ChartWise Medical Systems
9 people are tracked at ChartWise Medical Systems (4 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
James Carmichael | Director, Engineering | Leadership |
Jared Chambers | Director, Sales & Marketing | Leadership |
Brendan Laws | Director, DevOps | Leadership |
Millie Alexander | Director, Advisory Serivces | Leadership |
Mary Hendrick | Documentation Manager | Team |
Rick Powell | Principal Engineer | Team |
Michele Burdick | Support Engineer | Team |
Keith Simmons | Software Developer in Test | Team |
Brandon Dugas | Support Engineer | Team |
Complete people profiles for ChartWise Medical Systems
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Timeline of ChartWise Medical Systems
4 dated milestones of ChartWise Medical Systems across 12 years, from founding to its latest funding, stage changes and deals.
- Founded ChartWise Medical Systems is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Seed, of $2.0M.
- Exit Acquired by Iodine Software.
Competitors of ChartWise Medical Systems
ChartWise Medical Systems has 3 listed competitors in our database, 1 of them funded. They include Abstractive Health, ScyMed and iTreatMD.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| abstractivehealth.com | 2022 | New York, United States | $100,000 | Provider of medical chart solutions for healthcare providers | ||
| scymed.com | 1995 | Houston, United States | Provides a suite of decision support apps for physicians. | |||
| itreatmd.com | 2012 | San Francisco, United States | Smart iPad workflow app is offered for physician documentation aid. |
Detailed competitors of ChartWise Medical Systems
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Web traffic of ChartWise Medical Systems
Websites that share an audience with ChartWise Medical Systems (chartwisemed.com).
Websites whose visitors overlap most with ChartWise Medical Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| solutions.3m.com | 100% | View details | |||
healthcare-informatics.com | healthcare-informatics.com | 96% | – | ||
| youtube.com | 69% | 30.4B | #2 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as ChartWise Medical Systems (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Chartwise Medical Systems
Complete news archive for ChartWise Medical Systems
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Frequently Asked Questions about ChartWise Medical Systems
ChartWise Medical Systems was founded in 2009.
ChartWise Medical Systems is headquartered in Wakefield, United States.
ChartWise Medical Systems is a funded company, having raised a total of $2.1M across 2 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Aug 2009.
ChartWise Medical Systems is the premier developer computer-assisted clinical documentation improvement for hospitals, designed to capture a complete medical record and ensure revenue optimization. Offers - ChartWise: CDI (enterprise edition), which makes diagnostic suggestions for medication inputs and lab results, and enables to compare the financial impact of various diagnoses, and ChartWise: CDI (personal edition), a hosted solution for clinical documentation improvement for the individual clinical documentation specialists to provide electronic queries and query tracking, along with a variety of reports and metrics. The ChartWise 2.0 leverages true Dual CDI helping eliminate double coding and while being compliant for ICD-10. Built-in expertise helps the CDS find what is not yet on the chart and Electronic queries, workflow management, and the TruCode Essentials Encoder provide the tools required. Robust on-demand DataScan reporting and alerts provide actionable data for the entire healthcare organization. ChartWise Medical Systems has a strategic agreement with 3M Health Information Systems.
ChartWise Medical Systems's top competitors include Abstractive Health, iTreatMD and ScyMed.
ChartWise Medical Systems has 2 investors. Key investors include Iodine Software, and FCA Venture Partners.
Yes. ChartWise Medical Systems was acquired by Iodine Software in June 2021.