Pacific Venture Group, Irvine, CA, a healthcare-focused venture capital firm, has invested $3 million in IC·USA Inc., Baltimore, a provider of a new telemedicine technology solution that will soon enable hospital intensive care units to better manage and access their professional care activities.
The funding is part of a $9 million overall investment that is expected eventually to allow IC·USA’s network to directly target additional hospitals with more continuous monitoring technology.
IC·USA has signed its first commercial contract to provide continuous ICU management for Sentara Healthcare, Norfolk, VA. The company expects the system to be operational in July.
