d2i, formerly Emergency Medicine Business Intelligence (EMBI), a leading provider of Analytics-as-a-Service healthcare performance dashboard and data acquisition services, has closed its second round of financing. Led by Series A industry veterans Howard Goldstein of Cortlandt Private Capital, John Martinson of Martinson Ventures, and Parag Saxena's Beta Operators Fund, the Series B round also includes eight additional investors.
According to Howard Goldstein, Managing Partner of Cortlandt Private Capital, "The company has made great progress since the first round closed two years ago and this round reflects the investor's confidence in d2i's leadership to capitalize on the opportunities they are creating in their market. What continues to impress us and makes d2i unique in its market is its client loyalty, satisfaction, and retention."
Since launching in 2010, d2i has been collecting detailed, transactional-level, clinical and operations data from healthcare organization EHRs and other data sources. As of the end of 2016, d2i is extracting data from over 140 healthcare organizations. d2i's cloud-based performance dashboards and key metric analytics solution is being used by more than 40 healthcare organizations to monitor and benchmark every aspect of their emergency department, as well as other clinical service lines.
d2i's capability to acquire detail clinical and operation data from healthcare organization EHRs is one of its principal differentiators. Once the data is in its data analytics platform it is cleaned, normalized, and integrated with other data sources like billing, coding, patient satisfaction, and clinician work hours.
d2i's Performance Dashboard clients access their dashboard from any internet accessible device. Once logged in, they are presented a landing page that has been customized to their requirements. d2i's data clearinghouse clients receive files in a consistent and prescribed format that is designed to be easily consumed by their enterprise Business Intelligence solutions.
"Every day our clients are realizing the value proposition they expect from our services and they reward us with their loyalty. Our investors recognize that, as well as the other progress we've made over the past two years with this follow-on round of financing," states Scott Richards, CEO. "Our differentiator is simple – We deliver and we make it look easy. Achieving a successful Business Intelligence solution is an ongoing journey. Having data in a data warehouse is just the first step in what many have discovered to be a difficult journey. The Business Intelligence holy grail is to 'productize' data. In other words, to transform data into trusted, relevant, and actionable information and then make it available in an intuitive tool so it can be used to understand the factors that contribute to key metric's performance and becomes the basis for changing behavior that creates value. That's what we do for our clients, we turn their data into an asset."
About d2i – d2i's mission is to make it easy for our clients to turn their data into an asset that they can use to create value. d2i is also proud to have fiercely loyal clients and that they are all referenceable.
