Phrase Health has announced that it has closed a $3 million investment round led by digital health venture capital firm LionBird, with participation from health IT leaders Vizient, Inc. and BioAdvance.
According to a press release from Phrase Health, the investment will be used to support the company's growth initiatives and further its mission of improving the quality of clinical care delivery.
Phrase Health uses healthcare data sources, principally EHR data, and collaborative tools to drive clinical quality measures and outcomes.