What You Should Know:
– Fold Health,a San Francisco, CA-based platform supporting value-based primary care raises $6M in funding from Iron Pillar and global angel investors.
– Fold partners with leading value-based primary care groups, ACOs, health systems, health plans and digital health companies, to 10x the reach and effectiveness of collaborative care teams in their mission to radically improve outcomes.
Supercharge Primary Care
Despite the rapid shift to value-based care payment arrangements, existing solutions fail to support the needs required for success in outcome-based payment models: data-driven, consumer-centered, prevention-focused care. As a result, many primary care providers have resorted to investing in disjointed point solutions or building out their own tech suite, which takes valuable time away from treating patients. Fold Health’s platform integrates with electronic health records (EHRs) to enable customers to use modular tools to support their unique needs and optimize existing technology investments. Eliminating providers’ need to build software solutions from the ground up, Fold Health enables advanced primary care groups to achieve 3x tech-related cost savings.
Fold Health’s Capabilities
Fold Health’s Platform offers an integrated suite of capabilities including:
- ClinOps Efficiency Engine: A workflow engine that automates 60% of the work required to succeed in value-based care – including care gap closure, transitional care management, annual wellness visit completion, high-risk patient engagement, and attribution growth and protection.
- Care Team Enablement Suite: Unifies patient data, task management, omnichannel communications and scheduling to keep complex collaborative care teams in tight coordination.
- Patient Enablement Suite: A fully white-labeled patient web and app experience that allows patients to conveniently work with their care team, including self-scheduling, chart access, notifications management, and wearables/RPM data integration.
Expansion Plans
Fold Health continues to scale operations, most recently opening an R&D office in Pune, India in 2023. The company is also looking to rapidly expand it’s headcount across the US.
