Health Fidelity Closes Series A Financing Round

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[Techtaffy Newsdesk]

Health Fidelity has closed a Series A financing round led by Charter Life Sciences of Santa Clara, CA.  The funds will be used to develop and market its clinical natural language processing (NLP) platform. The size of the financing was not shared.

Health Fidelity expects clinical NLP to gain increasing attention as healthcare executives grapple with upcoming requirements for meaningful use of healthcare data, the conversion to ICD-10 coding and the new accountable care organizations (ACO).

Health Fidelity offers a clinical natural language processing (NLP) platform that enables medical practitioners and administrators to make use of the currently unusable medical information they collect.