Care coordination is one of the pillars of establishing a healthcare model that’s increasingly moving towards value-based care. The market is poised for digital adoption and large-scale innovation; the digital care coordination software market alone is expected to top $3.1B in 2022. Challenges remain in the market as there’s traditionally been a lack of interoperability between payers and providers as well as confusion when care transitions from team to team and across institutions. HeyRenee is a digital healthcare concierge platform that’s focused on centralizing all aspects of a patient’s care into a single platform that’s easy to use and navigate. There are 100M+ Americans that suffer from 2 or more chronic conditions and the startup plans to focus on this segment, allowing them to interact through voice, text, and touch. The platform focuses on all aspects of the healthcare journey from diagnosis to ongoing monitoring to post-care follow up aligning the interest of payers, providers, and patients to ensure better outcomes for patients. LA TechWatch caught up with Founder, serial entrepreneur, and CEO Nick Desai (cofounded Heal) to learn more about the care coordination market and the benefits it brings in an era of increasing costs, how the founding team’s experience dealing with a parent’s illness led to the inspiration for the business, the company’s future plans, recent round of funding from investors that include Quiet Capital, City Light Capital, Fika Ventures, Global Founders Capital, Mucker Capital, SaaS Ventures, and Tau Ventures.
6 LA startup funding this past week with $48M+ in new funding for LA startups. LA Tech news for the week ending 8/14 featuring news for HeyRenee, Kensho, and much, much more.
Care management has become widely adopted by health systems to streamline healthcare for Americans. However, while these systems make optimize the experience for providers, patients may be overwhelmed by all the details and instructions provided to them for their care. This gets compounded for those that are elderly, underserved, and those suffering from chronic conditions. […]
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