New Orleans-based digital health startup RDnote has been selected by the Lafayette General Foundation to receive a $250,000 seed investment through its subsidiary Healthcare Innovation Fund.
Launched through Propeller’s accelerator program and housed in the New Orleans BioInnovation Center, RDnote provides clients such as hospital systems with a nutrition care practice model to manage and customize interventions for patients at high risk for chronic disease.
With the seed funding, RDnote will be able to pilot its product in partnership with Lafayette General Health System and work with other hospital systems in the Gulf Coast region.
RDnote founder Molly Hegarty worked as a nutritionist designing wellness programs to improve the health of offshore oilfield workers before developing RDnote.
“We are so excited for RDnote to partner with Lafayette General Foundation because we’ll be able to use the investment funds to improve the flow of information between patients with chronic diseases and their health care providers in the Gulf Coast region,” she said in a news release.
Lafayette General Foundation’s Healthcare Innovation Fund was capitalized through a $1.5 million investment from Lafayette General Health and $1 million from the Louisiana Seed Capital Program under the Louisiana Economic Development Corporation. LEDC allows investment funds such as HIF to leverage the Federal Treasury Department State Small Business Credit Initiative funds with private funds to invest in seed and/or early stage businesses located in Louisiana.