CQuence Health Group - CQuence Health Group Invests in DocPanel to Strengthen Community Healthcare

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Omaha, Neb. (July 30, 2018) – CQuence Health Group, a parent company to a growing portfolio of healthcare organizations, has invested in DocPanel, the largest online community of subspecialty radiologists.

“Healthcare is the lifeblood of our communities, and to strengthen community healthcare means making it better for patients and families,” said Mike Cassling, CEO of CQuence Health Group.

“The idea that hospitals, imaging centers and patients can choose to use online subspecialty radiologists for primary interpretation, second opinions and educational consults—especially when it can be difficult to find local access to a specialty with very specific needs—was very attractive to CQuence.

“Being based in the Midwest, we work with many rural healthcare providers whose priority is to deliver high quality, cost-effective care,” said Cassling. “It’s important we help them be as strong as possible.”

Nirish Mathias, founder and CEO of DocPanel, said meeting the rising needs of the aging population is a top concern for healthcare providers across the United States.

“Exploring innovative revenue streams and reducing expenses play a key role in their ability to meet these needs,” Mathias said, “especially for rural hospitals and small- to mid-sized imaging centers.”

DocPanel is the result of Mathias’ personal mission to create better healthcare options for those who need them.

“Our goal is to improve access to expert radiologists in subspecialty niches for patients and imaging providers alike,” he said.

DocPanel is facilitating a growing number of complex clinical cases, diagnosed locally, that otherwise would have been referred out, often requiring patients to travel.

For example, Washington Heights Imaging, an imaging center with two locations in New York serving a predominantly Medicaid population, has been able expand its clinical service offerings and keep patients close to home.

“DocPanel provides a deep panel of specialists—from chest, abdominal, MSK and neuro—to read complex cases, ultimately providing our patients the ability to receive care in their own community,” said Daniel Beyda, M.D., president of Washington Heights.

About CQuence Health Group

CQuence Health Group is an Omaha, Nebr.-based firm focused on investing in innovative, entrepreneurial healthcare IT, product and service startups with the potential to shape the future of healthcare. CQuence was founded in 2011 on the belief of serving the greater healthcare community and advocating for more accessible, affordable and innovative services and solutions that could transform the healthcare system. Today, we help grow startups aligned with our mission through access to shared services, strategic relationships and capital. Our goal is to impact one billion patient lives by 2030. For more information, visit: CQuenceHealth.com.

About DocPanel

DocPanel is the world’s first on-demand, pay-as-you-go, contract-free service offering radiological reads, second opinions, educational consults, and diagnoses from high-caliber, subspecialty radiologists coming from prestigious academic hospitals in the United States.