What You Should Know:
– KeyCare, Inc., the nation’s only virtual-first care platform built with Epic, announced the closing of $24 million in series A funding.
– The funding was backed by 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures.
Expanding Horizons in Healthcare Using Virtual Care Platforms
KeyCare offers health systems the ability to easily augment their care teams, optimize capacity, and widen their digital front doors by partnering with a nationwide network of virtual care groups. Patients can schedule appointments with a variety of Virtualists via their own health system’s MyChart portal or call center. Virtualists then complete the encounter on KeyCare’s Epic platform, thus ensuring a seamless experience and interoperable records.
“KeyCare is addressing health systems’ critical need for staffing options that provide patients with high-quality, integrated virtual care,” said Sebastian Caliri, partner at 8VC. “By building with the Epic platform and working closely with health systems, KeyCare is in a unique position to improve patient access, expand provider capacity, and streamline care delivery across the country — for example, by giving patients access to 24/7, 50-state urgent care Virtualists through connected Epic platforms.”
As of July 2022, KeyCare has launched their system by providing services to BHSH System’s Spectrum Health West Michigan Division. “Working with KeyCare allows us to provide a tremendously convenient experience for our patients, while ensuring quality via robust data sharing and streamlined clinical workflows between our two Epic instances,” said Mandy Reed, BHSH Spectrum Health West Michigan’s Director of Virtual Health Operations. “After working with numerous telehealth providers in the past, I can say with confidence that there is no other virtual care platform that can match KeyCare’scapabilities.”
The Chicago and Madison-based virtual care company will use the proceeds of the Series A investment to increase its staff and prepare for rapid growth sparked by demand for virtual care services from large healthcare organizations.
KeyCare and Spectrum Health will be presenting more details about their innovative use of the Epic platform and its Telehealth Anywhere technology at Epic’s User Group Meeting August 22to 24 in Verona, Wisconsin.
