Funds for Healthcare Feedback Solutions Firm rater8

In New Jersey, USA, healthcare reputation management and patient feedback solutions firm rater8 has closed a Series A round of funding, for use in expanding its market reach to medical practices and hospitals of all types and sizes, and growing its team.

The firm helps clients manage their reputation, collect patient feedback and benchmark performance against other similar practices nationwide. This includes delivery of detailed analytics that break down patient feedback by individual providers, specialties, group practices and facilities, with real-time reporting on a range of patient satisfaction and online review stats.

The round was led by Elsewhere Partners, whose Operating Partner Michele Perry comments: 'rater8 has grown into a formidable leader in the patient management evolution - building a solution that addresses core industry pain points, growing an incredibly satisfied customer base and continuously outperforming competitors that simply can't stack up'. Perry adds: 'The patient feedback market is ready for disruption. We see tremendous opportunity for growth as rater8 further broadens the capabilities of its platform and grows its team to support demand'. Perry will join the rater8 Board as Executive Chairman and Elsewhere colleagues Robbie Abt and Joel Dolisy as advisors.

rater8 founder and CEO Evan Steele says patient feedback is 'finally getting the focus it deserves'. He comments: 'We've designed every aspect of our solutions to help practices understand performance and take the right steps to effectively improve their reputation and raise the standard for patient satisfaction. Elsewhere Partners is providing the capital and the deep ecosystem of advisors needed to help us rapidly, and properly, scale to meet the needs of the healthcare industry'.

Web site: www.rater8.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.