WhiteSpace Heath's new telehealth analytics solution will surface critical information needed for value-based care contract negotiations.
FREMONT, CA:WhiteSpace Health, a healthcare SaaScompany specializing in revenue cycle management and performance analytics for healthcare providers, supported by funds managed by the Goldman Sachs Merchant Banking Division and Everstone Capital, announced its plans to expand the delivery of new solutions and to accelerate growth.
WhiteSpace Health intends to use the funding to accelerate the delivery of high-value solutions to its channel partners, provider, and payer customers. The firm will also focus on expanding sales and marketing efforts to increase growth.
Understanding the financial aspects of telehealth is essential to the survival of many practices due to the COVID-19 crisis. WhiteSpace Heath's new telehealth analytics solution will surface key information needed for value-based care contract negotiations.
Sumithra Gomatam, an industry veteran in Technology with over 30 years of experience, will be the Executive Chairman of WhiteSpace Health. Most recently, she led the Digital Operations practice at Cognizant, which helped Healthcare Operators transform their Platforms and Processes. She is also a part of the Goldman Sachs Merchant Banking Division Strategic Advisory Group, a committee of industry experts who help the firm's portfolio companies with operations. "WhiteSpace Health has a great market opportunity to grow, and the expansion plans will help WhiteSpace realize its full potential. We can leverage investor firms' relationships, and capabilities of their domain specific operating partners to expand rapidly," said Sumithra.
Jason Carlson, Founder and CEO of WhiteSpace Health, said, "This is an important milestone for WhiteSpace Health. The backing from investors demonstrates confidence in the WhiteSpace Health technology and business plan. It allows us to enhance existing offerings and accelerate delivery of our product roadmap."