Medem channels $1.7M for online medical services

Medem, the company that operates the consumer-facing iHealth Network, has raised $1.7 million of an anticipated $2 million round of debt financing and rights. It plans to raise the rest before the end of the year. The network sends patients appointment reminders, prescription renewals and personalized consultations, reports VentureWire. In addition to these notifications, Medem provides interactive risk assessment tools to educate patients in preventive care, FDA warnings and alerts, and secure email transfers between patients and doctors.

Based in San Francisco, the company has raised $11.5 million to date from a host of individual investors.

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