ChartSpan raises $15 million Series A Round led by BIP Capital

ChartSpan announced that it has raised a Series A funding round of $15 million led by BIP Capital. Other investors participating in the round included Blue Heron Capital, Bailey Southwell & Co., C&B Capital, and Service Provider Capital. The company plans to use the funds to scale its operations nationally.

“This syndicate represents a seasoned group of venture firms who have deep healthcare experience. As we begin to expand our presence outside the Southeastern United States, we know we need partners who can help us scale on a national level and move into the large, enterprise healthcare marketplace,” said ChartSpan CEO, Jon-Michial Carter.

ChartSpan offers a turn-key service for MIPS compliance, Chronic Care Management, and Annual Wellness Visits, allowing both patients and providers to see higher levels of engagement, better adherence to prescribed care paths, and better patient outcomes.

“We continue to focus our attention on solutions that drive meaningful healthcare change,” said Mark Buffington, CEO at BIP Capital. “ChartSpan’s innovative solutions address the growing burden of chronic care management by reducing cost and improving healthcare outcomes. We are excited to partner with them as they expand their proven solution nationally.”

ABOUT CHARTSPAN

ChartSpan is the largest, managed service provider of chronic care management programs in the United States. The company provides turn-key, managed care coordination and compliance programs for doctors, clinics, and health systems. ChartSpan manages patient care coordination and value-based programs for more than 100 of the most successful practices and health systems in the United States.