South African VC HAVAIC has announced it will advise Healthcent before its first capital raising initiative.
Healthcent’s app, Signapps, is a secure communication solution for the medical industry. It aims to allow the sharing of patient data via mobile phones while complying with patient confidentiality legislation.
“Signapps has been trialled in South Africa’s public healthcare system and private sector health providers are now seeking to learn more about the product,” says commercialisation director, Andrew Davies, in a press release.
“Whilst the two sectors have different dynamics, both are responding favourably to the enhanced communication potential inherent in the product.”
According to the product and technology director, Michael Gluckman, sharing patient data over the likes of WhatsApp is illegal.
“Signapps, which has been designed to be simple, secure and useful, addresses the risks of incorrect data sharing through the formation of closed patient-centric communities, and is therefore compliant with both South African and international laws safeguarding patient confidentiality,” says Gluckman.
In November 2015, HAVAIC led an R6.5-million funding round for delvv.io.
Feature image: Michael Havens via Flickr.