Lumeon closes $30M for EHR-integrated care supply automation

Lumeon closes $30M for EHR-integrated care delivery automation

Lumeon, a Boston- and London-based care-management-automation startup, has introduced $30 million in new Collection D funding. Optum Ventures and Endeavour Imaginative and prescient co-led the elevate, which additionally included LSP, MTIP, IPF Companions, Gilde and Amadeus Capital Companions.

WHAT IT DOES

Lumeon’s major providing is its EHR-integrated Care Pathway Administration platform. The instrument incorporates scientific and administrative knowledge streams to information and automate affected person care. From care-team coordination to scientific optimization, to administrative busywork, the corporate says its platform can ship extra environment friendly care, higher outcomes and decrease prices.

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“Whereas the markets for knowledge analytics, scientific determination assist and affected person engagement are nicely established, what’s lacking right now is the flexibility to successfully join them to resolve the issue of personalizing care supply in a scalable manner,” Robbie Hughes, CEO and founding father of Lumeon, mentioned in a press release. “The ‘final mile’ that turns the perception into motion is the toughest half for well being methods, and is the core of the Lumeon proposition.”

In line with Lumeon’s most up-to-date announcement, the Care Pathway Administration platform has to this point been deployed amongst greater than 70 well being methods in 12 international locations.

WHAT IT’S FOR

The startup was gentle on specifics, however mentioned that it’s trying to broaden the attain of its platform with these funds.

“This funding will enable us to proceed on our fast development path, as we assist healthcare methods develop and scale new fashions of supply,” Hughes mentioned.

MARKET SNAPSHOT

A wholesome variety of digital well being startups have turned to clever, data-driven applied sciences both to scale back administrative burden or streamline evidence-based scientific decision-making. Lower than half a 12 months in the past, Olive raised $51 million for its healthcare-administration-automation platform. That information was preceded by a $70 million elevate for healthcare knowledge analytics agency Innovaccer.

ON THE RECORD

“Because the technology-driven transformation of healthcare is accelerated by COVID-19, Lumeon’s means to optimize the care of each affected person based mostly on particular person threat, price, engagement and social determinants is essential for his or her clients to function successfully,” Optum Ventures principal Dr. Ashish Patel mentioned in a press release. “We imagine Lumeon is uniquely positioned to assist well being methods unlock new alternatives in sustainable, worthwhile care supply.”



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