“The promise of patient convenience without the extra burden has won Bright.md a growing fan club among hospitals and medical groups.
- AVIA Innovator Network

“New telepresence doctor visits from companies like ... Bright.md deliver house calls via your mobile phone or computer, eliminating the need for the elderly to travel to a doctor.
- HuffPost

“Before you actually talk to your doctor, [SmartExam] gathers basic data. The app dynamically adapts the questions according to your answers. Using AI, it will give your doctor a preliminary diagnosis treatment plan.
- Wired

“Thank you, thank you. I was able to get relief so much faster than driving to a clinic. The instructions were thorough and easy to understand. This is smart health care.
- Adventist Patient, 2018

“I have never been more excited about healthcare. We have six kids; it would be a nightmare to find sitters, wait at the office and for prescriptions. I did not feel like getting dressed let alone leaving the house! This is ingenious!
- Patient, Greenville Health System, 2018

“Very fast and effective way to get treated without going to a doctor's office and waiting. It only took about 15 minutes from the time I started the exam to get medications called into my pharmacy.
- Patient, Palmetto Health 2018

“I live 85 miles from my doctor. This service saved a long trip and I was treated properly.
- Patient, Presbyterian Health, 2018

“It was so convenient and easy to use. I didn't have to take time off work or get extra tests that were not needed. I had no waiting in a waiting room full of sick people and was able to pick my prescription up right after work. Awesome!
- Patient, Presbyterian Health, 2018

“My favorite thing about SmartExam is that it automatically picks diagnosis and treatment and I can easily change this if needed.”
- Provider, Providence Health Systems, 2018

“My favorite thing about SmartExam is the ability to access it from anywhere with an internet connection.”
- Provider, Providence Health Systems, 2018

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Bright.md Raises $1 Million Seed Round

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Portland, Ore. — October 24, 2014 — Bright.md today announced that it has closed a $1 million round of seed funding, which will enable continued development and deployment of a healthcare software-as-a-service (SaaS) solution designed to enhance communication between physicians and patients, and enable faster diagnosis and treatment. Seven Peaks Ventures was joined by Portland Seed Fund and Oregon Angel Fund in the funding round.

“For patients today, the inability to get timely access to affordable primary care is a fundamental problem,” said Ray Costantini, MD, co-founder and CEO of Bright.md. “We created Bright.md to help providers work smarter, delivering more efficient, high quality, low cost care. Bright.md is the only solution I am aware of that provides this type of value to existing delivery systems, helping patients get care from the physicians they already know and trust.”

Bright.md is at the forefront of developing SmartExam, a virtual care solution that connects patients to their physicians using their home computer or mobile device and allows them to receive treatment for less than the cost of the average co-pay. By enabling patients to input insurance information and answer questions about their symptoms, Bright.md can automate up to 60 percent of primary care visit volume and reduce the time providers need for those visits from 20 minutes down to less than two minutes. Using the software solution, physicians can treat a patient, document the visit, generate the patient’s After Visit Summary (AVS), write prescriptions and schedule follow-up visits much more efficiently. This efficiency helps practices expand capacity by 30 percent and improve margins by up to 300 percent.

The market for management of these kinds of primary care conditions is estimated to be worth $150 billion annually.

Bright.md was co-founded by Dr. Costantini and Mark Swinth in January 2014. Dr. Costantini is a pioneering healthcare business leader and a seasoned entrepreneur. Most recently he was regional medical director and director of product strategy at Providence Health and Services, where he directed development of numerous ground-breaking web products.

Swinth is an experienced business strategist and entrepreneur. He spent more than a decade at Bain & Co. as a strategy consultant, supporting Fortune 500 companies, with a focus on software, medical devices and health insurance. He also served as co-founder and senior vice president leading application development for BrandFidelity (acquired by Federal Research).

“The innovation and talent coming out of Oregon is impressive and Bright.md is among the most notable startups,” said Dino Vendetti, general partner at Seven Peaks Ventures. “The way Bright.md is leveraging software to automate and streamline the communication and interactions between doctors and their patients resonated with our team. And Ray’s and Mark’s backgrounds and passion as entrepreneurs provide the foundation needed to achieve success in this growing market.”

Bright.md also was awarded the $100,000 Seven Peaks Ventures Award at the Bend Venture Conference (BVC) on October 17. The BVC is Oregon’s largest venture capital competition. Past winners have included Portland, Ore.-based Jama and Bend, Ore.-based Manzama.

Contact Info:

Erin Bocherer
Congenta Communications
(678) 294-2258
ebocherer@cogentacom.com

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Bright.md

510 SW 3rd Ave
Suite 300
Portland, OR 97204

877.888.5242
jr@bright.md