Guidehealth, an AI-enabled value-based care provider for health systems, announced it received a $10 million strategic investment from Georgia-based academic health system Emory Healthcare.
WHAT IT DOES
Guidehealth offers a value-based care platform for providers that provides AI insights into which patients need specific care before a preventable health event.
The platform also offers virtual health guides for patients and providers, as well as community connection and engagement and workflow-focused tools.
Guidehealth and Emory will collaborate to speed up the next phase of the company’s growth. The partners will collaborate to close care gaps and engage with, as well as help manage, chronic diseases in patients.
“We’re deeply grateful to Emory’s leadership for their trust and collaboration. Their investment reaffirms the measurable impact we’re making to deliver better quality and outcomes at lower cost for health systems,” Guidehealth founder and CEO Sanjay Doddamani told MobiHealthNews in an email.
“Healthcare is entering a new era of personalized, data-driven care, where AI enables earlier, smarter interventions. This partnership allows us to scale meaningful patient engagement and shift from reactive sick care to more proactive care that includes prevention.”
MARKET SNAPSHOT
Last year, Guidehealth closed a $14 million seed funding round.
Memorial Hermann Health System, healthcare entrepreneur Sidd Pagadipati and other healthcare leaders and investors participated in the round.
The company also partnered with Story Health, a California-based virtual specialty care provider, to develop a cardiology program for hospital systems and clinically integrated networks based on a value-based care model.
The program would focus on providing care to at-risk individuals and helping care providers ensure patients remain on track according to their care plans.
In 2023, the company acquired healthcare data analytics company Arcadia’s value-based care services division and managed services organization in December.
It also signed an agreement to leverage Arcadia’s data analytics platform to power the acquired offerings.
