Clinician Nexus is reinventing the clinical rotation experience for students, health care systems and schools alike
MINNEAPOLIS, DECEMBER 18, 2019 – Clinician Nexus announced today that it has raised $1.5 million in a seed round of fundraising, bringing the total amount of investments to $2.3 million to date. The round was oversubscribed.
Clinician Nexus is a revolutionary online platform that is reinventing the clinical student rotation experience for students, health care systems and schools alike.
Led by Hyde Park Venture Partners, investors in this seed round include Great North Labs, Sofia Fund and Cedars–Sinai.
“We are thrilled with the interest Clinician Nexus is generating among investors and could not be more delighted with our investor partners,” said Katrina Anderson, Clinician Nexus CEO. “We look forward to working with them to further build upon the success that Clinician Nexus has achieved.”
Clinician Nexus has been adopted by 100 hospitals and 150 schools across the United States, and has helped successfully orchestrate more than10,000 student rotations. In addition, Clinician Nexus recently announced a partnership with PreCheck to bring together Clinician Nexus’ innovative clinical student rotation technology with PreCheck’s comprehensive background check capabilities, resulting in a seamless platform for training organizations. Clinician Nexus also participated in the Cedars-Sinai Accelerator program during the summer of 2019.
“Clinician Nexus allows clinical sites, such as hospitals and clinics, and students to directly connect with one another, find the right fit, clarify expectations, and eliminate surprises. Historically, that process has been very cumbersome, inefficient and time consuming,” Anderson explains. “By offering access to a shared platform for students, health care facilities and schools, the process is vastly improved, much more intuitive and lowers the margin for error in onboarding students. Our first customer has realized over 50 percent time savings in onboarding students coming from over 150 schools across the globe. What excites me the most is that while we’re able to help with real operational efficiency, we also create a meaningful way to foster the clinical education community across over 50 clinical disciplines. When we invest in training our future clinicians, we can only expect to see those returns in patient care.”
Pradip Madan, managing partner at Great North Labs, explains the firm’s thought process in investing in the seed round.
“For the first time in medical education, Clinician Nexus delivers key benefits to all three constituents – medical/professional schools, students at these schools seeking clinical rotations, and hospitals offering them. Students get more efficient access to the rotations that match their core needs and specialty interests. Hospitals can focus their resources on training rather than administering the training process. And schools get more consistent evaluation data. A significant part of Clinician Nexus’ adoption and growth is coming from referrals among training leadership at schools and hospitals. This speaks to the urgent unmet need their offering serves. Great North Labs invests in teams that meet a critical need and engage deeply with customers. Clinician Nexus meets both criteria. We also look for fellow investors who can help the team scale and succeed. With Clinician Nexus’ other investors, we feel fortunate in this as well.”
About Clinician Nexus
Clinician Nexus provides health systems, schools and students with a transparent, people-centered platform that facilitates better clinical rotation management from start to finish. Our platform connects the clinical education community to one another like never before, fostering clearer communication, a more streamlined onboarding and management process, and more positive clinical experiences. We believe people are as important as data and that facilitating communication between everyone in the network and streamlining the onboarding process paves the way to better clinical experiences today and better health care outcomes tomorrow. Learn more at ClinicianNexus.com.