Kyruus, a provider search and scheduling tool for health systems, announced yesterday that it has garnered $30 million in funding from Francisco Partners.
In late December, Kyruus scored $42 million in Series D funding. With this new investment, the company’s total funding is over $155 million.
WHAT THEY DO
Kyruus delivers search and scheduling to let health systems connect patients with the best care provider for them. Kyruus helps match patients with a care provider that meets their needs based on insurance, location, medical condition and personal preferences.
Its ProviderMatch platform then finds compatible providers and gives patients information including their specialties, practice groups, location, affiliations and availability. From there, patients can schedule and book appointment using the same tool.
Kyruus also offers a data-management tool for health systems. KyruusOne consolidates healthcare-provider information from a variety of outside sources and combines it into one database. Through algorithmic matching it keeps the information up-to-date on the platform’s provider profiles.
WHAT IT’S FOR
Kyruus plans to use the new funds to expand its platform into new health systems and in new market segments. It currently boasts of serving 600 hospitals and over 250,000 healthcare providers in the U.S.
MARKET SNAPSHOT
Kyruus has been busy this year forging partnerships with other digital health companies and providers. Earlier this year, Kyruus partnered with artificial intelligence-based virtual-healthcare assistant GYANT to offer its health-system customers stronger access and self-service tools that can be hosted on the system's webpage.
It also teamed up with Banner Health to bring search and scheduling tools to Banner’s more than eight million patients across six states in the Southwest.
Kyruus isn’t the only search platform on the market. Experian Health, another company with a patient-scheduling platform, expanded its services last summer when it acquired Nashville-based digital-care-coordination company MyHealthDirect.
ON THE RECORD
“Kyruus exists to enable human beings to care for other human beings,” Dr. Graham Gardner, cofounder and CEO of Kyruus, said in a statement. “We anchored our platform on the principle that healthcare organizations could better match patients to the right providers and care settings through a data-driven approach to routing and scheduling. This ability to connect patients to the appropriate care – across virtual and in-person appointments – has never been more critical. We are excited to work with the team at Francisco Partners to accelerate our impact through a range of strategic opportunities.”
