Hello Health, the patient platform management subsidiary of Myca Health, announced that it raised $10 million in new funding this week. Hello Health enables patients to visit with physicians right from their desks via real-time, HIPAA-compliant, online video chats, text messages, instant messaging, and email. Fast Company magazine once summed up the Hello Health platform as the “Facebook of healthcare”.
Hello Health aims to help independent primary care physicians transition from a paper-based practice to an EMR (along with a corresponding patient health portal) through a subscription-based plan. In order to communicate with their physicians online, schedule appointments, request lab results, renew prescriptions, and share medical information, patients pay a small fee to the physician.
Here’s how the company sums up its value: “The Hello Health Patient Management Platform was developed to provide an improved revenue stream for physicians while also enhancing patient engagement and providing better time and workflow management, all of which combine to strengthen the independence and sustainability of a practice.”
A handful of well-known companies already use the Hello Health platform at their on-site corporate clinics: For example, Myca has outfitted Apple’s Cupertino clinic, Apple Wellness, with its platform Hello Health. At a healthcare design event last year, Myca’s CEO Nat Findlay shared a couple of videos of healthcare providers using the Hello Health platform, which included Apple Wellness’ Dr. Martin Yee. Many of the promo videos include shots of physicians accessing Hello Health’s features from their smartphones.
In his Hello Health profile on the company’s site, Dr. Yee explains that “this online platform provides a clear path toward provision of healthcare as a team, including doctors, other providers, and patients.” Yee also has a somewhat forward-looking view of his role as a physician: “I also consider myself somewhat of an interpreter, distilling the complex world of medicine down to its basics, so that anyone can understand the problem or potential problem and particpate in their own healthcare.”
While Hello Health did not specifically state who contributed to the $10 million round, Hello Health and its parent company Myca Health have received funding from both BlueCross BlueShield Venture Partners and the Qualcomm Life Fund in the past.
For more on the recent funding, read more details in the press release below: Keep reading>>