Electronic medical records management company Practice Fusion has made its first acquisition, scooping up 100Plus for an undisclosed amount. 100Plus, which was launched in Practice Fusion’s health tech incubator in San Francisco, previously raised $1.25 million in seed-stage funding from Founders Fund (which is also a Practice Fusion investor), Greylock Discovery Fund, Felicis Ventures (another Practice Fusion investor) and the Band of Angels. 100Plus was co-founded by CEO Chris Hogg, a health care data analytics expert formerly with Gilead Sciences. He’ll join Practice Fusion’s data and product development group. At 100Plus, he and his team developed applications that give liefspan predictions based on a person’s lifestyle choices. For instance, in 2012, the company launched the 100Proof app at SXSW to track a user’s alcohol consumption and give recommendations to improve one’s health.
Practice Fusion Acquires Personalized Health Prediction Startup 100Plus
Supporting its mission to improve health and save lives, the nation’s largest physician- patient community expands data and patient initiatives in its first major acquisition
SAN FRANCISCO – February 27, 2013 – Practice Fusion, the free, web-based electronic medical record (EMR) platform, today announced the acquisition of 100Plus, the personalized health prediction startup that uses data analytics and game mechanics to show how small changes in behavior can lead to a longer and better life. The acquisition will drive forward Practice Fusion’s development of patient-facing tools using clinical data to provide health insights.
100Plus was founded in 2011 and quickly attracted attention from Founders Fund, Greylock Partners, Felicis Ventures and Band of Angels Acorn Fund. The company’s first app, showcasing the impact of alcohol consumption on lifespan, launched at SXSW in March 2012. The second app, currently in beta, helps users discover, track and see the long-term impact of small health behaviors. In 2012, CNNMoney named 100Plus one of the top innovators reinventing healthcare.
“The 100Plus team has found a way to inspire the average person to make daily changes in their lives—this is a huge challenge that is rarely achieved,” said Patrick Dugan, Associate Vice President of Corporate Development at Practice Fusion. “Whether it’s through accountable care organizations or reminding people to the take medications, healthier habits mean a less costly healthcare system and longer lives for patients. We’re looking forward to using 100Plus’ talent and vision to make this happen.”
Practice Fusion’s first major acquisition, 100Plus has long been aligned with the company’s focus on developing life-saving technology. The startup began as a member of Practice Fusion’s health technology incubator in San Francisco, along with doctor-patient connection service Ringadoc. 100Plus applied de-identified clinical data from Practice Fusion to study health behaviors, determine how those behaviors might impact future health and provide new information to influence change.
The 100Plus team will join Practice Fusion full-time as members of the data and product development groups. Chris Hogg, CEO and co-founder, will be taking on a leadership role as Associate Vice President of Data Science. Hogg was previously selected as a winner in Practice Fusion’s 2010 data challenge and will bring his experience and background using clinical data to positively impact patients across the country and develop new ways for Practice Fusion to use de-identified clinical data.
“We created 100Plus with the goal of using data, design and technology to positively impact people’s lives and health. Joining the innovative team at Practice Fusion will allow us to achieve these results on a massive scale,” said Chris Hogg, Chief Executive Officer at 100Plus. “I have always had a lot of respect for Practice Fusion and the platform they have built. I am excited for the opportunity to help build smart products that are able to help doctors provide better care to patients.”
To learn more about Practice Fusion, please visit www.practicefusion.com.
About Practice Fusion
Practice Fusion provides a free, web-based EMR system to physicians. With medical charting, scheduling, e-prescribing (eRx), lab integrations, referral letters, Meaningful Use certification, unlimited support and a personal health record for patients, Practice Fusion’s EMR software addresses the complex needs of today’s healthcare providers and disrupts the health IT status quo. Practice Fusion is the fastest growing electronic medical record community in the country with more than 150,000 users serving 56 million patients. The company closed a $34 million Series C financing led by Artis Ventures in June. For more information about Practice Fusion, please visit www.practicefusion.com