Telehealth Service Provider, myHealth Sentinel, receives $1.1 million in new funding to fuel growth.
15 Jan 2013 — myHealth Sentinel Pte Ltd (mHS), a Singapore-based company, announced today it has secured S$1.1 million new funding. This brings the overall capitalization of the company to almost S$2.6 million. mHS plans to use the proceeds to fund new projects in 2013 and to diversify into new related Consumer and Corporate Wellness services.
Founded in 2011, myHealth Sentinel, a pioneering Telehealth service provider, launched TeleMetrix+ (TM+) its flagship ‘cloud-based’ telehealth service in Jan 2012. TM+ is designed to help medical service providers to multiply the productivity of their finite resources to better manage the surging incidence of chronic diseases in Singapore’s rapidly ageing society.
“This successful new round of funding shows that investors are confident in both the potential of telehealth and in myHealth Sentinel as its leading proponent, to play major roles in the transformation of the healthcare system, as it shifts its focus from episodic fee-for-service care, to a more holistic, preventative care model” said Mr. William Chew, Managing Director of myHealth Sentinel.
About myHealth Sentinel:
myHealth Sentinel (mHS) is Singapore’s first home grown, commercial service provider of cloud-based telehealth services in SE Asia. mHS was founded by a group of Singaporean entrepreneurs with extensive expertise and experience in IT and business.
More details of mHS can be found at http://www.myhealthsentinel.com