Cerner and LRVHealth invest $6m in digital health firm Xealth
Health technology firms Cerner and LRVHealth have invested $6 million in Xealth to scale up its business offering digital health tools to patients and clinicians.
The companies said the new relationship aims to give patients control over their own digital data so they can be more engaged in their treatment plans.
Cerner and LRVHealth join Xealth’s other investors Atrium Health, Cleveland Clinic, Froedtert and the Medical College of Wisconsin, MemorialCare Innovation Fund, Providence Ventures and UPMC, as well as Threshold Ventures, McKesson, Novartis, Philips, and ResMed.
Xealth’s technology is designed to help clinicians easily integrate, prescribe and monitor digital health tools for patients from one location in the electronic health record (EHR).
Care teams will be able to order solutions directly from the EHR to manage conditions including chronic diseases, behavioural health, maternity care and surgery preparation.
The idea is to provide easier access to personal health information and give care teams the ability to monitor patient engagement with the tools, as well as analyse the effects of increased engagement on the patient’s health care and recovery.
During the recent surge of COVID-19 across the world, tools that automate patient education, deliver virtual care, support telehealth and offer remote patient monitoring have become even more prominent, the companies noted.
As a result new methods have been created to inform care decisions and keep care teams and patients connected.
Xealth has more than 30 digital health apps, connecting patients with educational content, remote patient monitoring, virtual care platforms, e-commerce product recommendations and other services needed to improve health outcomes.
David Bradshaw, senior vice president, consumer and employer solutions, Cerner said: “Patients want greater access to their health information and are motivated to help care teams find the most appropriate road to recovery.
“Xealth and Cerner hope to make it easier and more convenient for patients and clinicians to accelerate health care in a more consumer-centric experience.”
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