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Challenge Impact Investment Update

Nov 4, 2019
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On November 18, 2014, Treatspace received the $1 Million Global Action Challenge Award at the Global Action Summit. Treatspace, a Pittsburgh-based Health IT company developed at Carnegie Mellon University,builds lifesaving software that solves patient access and acquisition challenges by connecting primary and specialty care providers to each other and to patients. Treatspace solutions aim to facilitate the full patient journey,starting with making sure that patients find their way to referrals.  

Since winning the $1M impact investment from Global Action Platform in 2014, Treatspace has accelerated its reach to nearly a thousand primary and specialty care practices with thousands of providers.  In addition, the company has raised an additional $2.7 million and experienced triple digit annual revenue growth.

Treatspace solutions now help practices simplify patient access for nearly a million patient lives each year nationwide. By helping patients avoid missed or delayed diagnoses, Treatspace has tracked well over 100 patient lives saved as a direct result of care interventions.  

In the past year, Treatspace also launched a new product line, PracticeBeat. This patient access solution doubled the company revenue by helping practices with patient acquisition challenges faced with the maze of Google, raters, rankers, and reviewers.  

PracticeBeat (www.practicebeat.com) connects patients directly to medical practices in a seamless, integrated way with the aim of helping patients find the care that they need. PracticeBeat patient access solutions now schedule over 5000 patients per month and continues to accelerate.

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