ChartSpan Medical Technologies, a fast-growing startup in Greenville, said it plans to add 300 jobs now that it has secured $16 million in new funding from investors.
The company said it plans to add the jobs over the next year and a half on top of about 200 jobs it has already created.
Most of the new jobs would be nurses and certified health care clinicians, ChartSpan said. The company helps doctors manage compliance and care coordination programs.
ChartSpan said the funding round was led by Cypress Growth Capital, a Dallas-based firm whose website says it specializes in “royalty loans” as an alternative to equity financing and traditional debt.
ChartSpan said existing investors also contributed, but it didn’t identify them in a news release.
Jon-Michial Carter, chief executive officer, said ChartSpan would use the $16 million to deploy a national sales force and expand its business beyond its current stronghold in the Appalachian region.
The company was co-founded by Carter and his brother, Patrick Carter, who serves as its chief medical officer.
The venture was located in Houston until 2013, when it moved to Spartanburg to take part in The Iron Yard’s “accelerator” program for healthcare startups.
Later, ChartSpan moved to Greenville and opened a headquarters at 2 North Main downtown.
Initially, ChartSpan was focused on marketing an app to help patients store and manage their electronic medical records. For several years, the app was the most downloaded U.S. medical app on Apple’s App Store, the company has said.
Now, ChartSpan’s core business is helping healthcare providers take advantage of a Medicare program called Chronic Care Management, according to Katie Walling, the company’s vice president of marketing.
Under the Chronic Care Management program, Medicare pays healthcare providers an average of $41 a month for engaging their chronically ill patients for at least 20 minutes a month.
ChartSpan helps them do that through a downtown call center in which nurses and other certified healthcare clinicians communicate with patients who have various chronic conditions such as diabetes and hypertension, helping them meet personal health goals.