On-demand concierge digital health startup raises $70M

Staff -

For the millions of patients that experience frustration receiving and managing their personal healthcare, Plymouth Meeting, Penn.-based Accolade wants to provide a one-on-one, all-things-healthcare concierge solution. The promise is great enough to have netted the digital health company a $70 million funding round.

The company's solution works by getting to know users, understanding where they stand in terms of healthcare needs and connecting them with an Accolade "health assistant." Accolade says its solutions help minimize the amount of information patients need to keep track of and saves time because whenever they need assistance with anything healthcare-related, they reach out to one person who already knows everything about their care. Employers that partner with Accolade are able offer the service to their workforce. 

Including the new funding, Accolade has raised more than $90 million this round. The company plans to use the new funding to expand its technology platform, R&D, and sales and marketing.

More articles on health IT:

Miami-based digital health startup accelerator brings 10 new companies into incubator 
50 healthcare apps for clinicians and consumers to know 
Aligned TeleHealth raises $12M in financing  

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.