What You Should Know: - Element5, the world’s first Automation-as-a-Service solution purpose-built for post-acute care, today announced that it has raised $30 million in a Series B funding round led by Insight Partners. With the closing of the Series B funding round, Element5 has raised $48.5M in total capital to date. - This investment will strengthen Element5’s position and enable the company to continue the disruption of the health care industry’s $400B post-acute
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Healthcare Automation Intelligence
Baptist Health Implements First-of-its-Kind ED to PCP Referral Automation
What You Should Know: - Baptist Health deploys first-of-its-kind conversational digital assistant powered by LifeLink for patients who are discharged from the Emergency Department (ED) with referrals. - Since launch, the conversational chatbot solution, which engages patients with mobile messaging to recommend follow-up care, the number of PCP appointment requests have increased by 15%. The technology is integrated into Cerner and Salesforce, personalizing the patient experience by
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Castor Raises $12M to Advance COVID-19 Research Through Clinical Trial and Data Automation
What You Should Know: - Castor raises $12M in Series A funding to further their support for COVID-19 research through clinical trial and data automation. - With 4,000 live studies and 2,000,000 enrolled patients across 90 countries, Castor will use the funding to further invest in enabling patient-centric, data-powered clinical trials. Castor, a Hoboken, New Jersey startup using automation and data reuse to simplify the entire clinical trial process, announced $12M in Series A
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TruClinic Acquires Healthcare Automation Intelligence Startup Overl.ai
TruClinic Inc., a provider of web-based telemedicine solutions for providers and organizations has acquired Overl.ai Inc., a New York-based healthcare automation intelligence startup. Once the acquisition closes, the integrated product offering will improve patient intake experience and strengthens EHR integration capabilities of the TruClinic telehealth platform. Financial terms of the acquisition were not disclosed.“Ensuring an intuitive, user-friendly patient experience is paramount to a
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