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Diagnostics Report Platform Vendor Evidentia Gets Venture Funding

December 13, 2015
by David Raths
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Minneapolis company grew out of work at Mayo Clinic, University of Minnesota

Evidentia Health Inc., a Minneapolis company that has created a platform to help radiologists and pathologists communicate with their referring providers and patients, has received $1.2 million in Series A financing, led by Invenshure LLC, a Minneapolis venture capital firm and incubator.

Launched in 2012, Evidentia co-developed and implemented their platform with their founding institutions, Mayo Clinic and University of Minnesota Physicians. The company says its platform transforms traditional text-based radiology and pathology reports into personalized reports with embedded images, specialist contact information, patient education, best evidence and critical result notification. The company says its platform integrates with electronic health record systems and physician workflows by enhancing each report with historical context and communication tools to improve understanding and decision-making, facilitating collaboration between providers and diagnosticians.

In a press release, company CEO Jim Balabuszko-Reay spoke about the relationship with the Mayo Clinic and the University of Minnesota: “Our work at these two top tier institutions was instrumental in our ability to build and integrate our technology that truly improves patient and physician engagement and helps radiologists communicate with their referring providers and patients in novel ways.”

Invenshure is a venture catalyst that scours university research labs for technologies ready for commercialization. The company focuses on biotech, genomics, healthcare IT, diagnostics, cloud computing technologies, and wireless technologies. Other members of its portfolio include Exosite, Imbio, Flywheel, and OneOme.

Earlier this month Evidentia also announced a partnership with DICOM Grid, makers of the cloud-based, medical image management suite.  The deal will allow the integration of medical images housed on the DICOM Grid platform into Evidentia Enhanced Diagnostic Reports.