Medbelle to expand UK ‘digital hospital’ following cash boost
UK-based Medbelle has said it will expand its “digital hospital” service that aims to help patients navigate their journey through the private healthcare system, following a £7 million fundraiser.
Medbelle said its model gives private healthcare patients more control over their care, which giving healthcare professionals access to management tools covering the entire treatment journey from consultation to billing, post-operative care and follow-up.
Patients book their procedure with Medbelle, which provides them with leading specialists and state-of-the-art operating facilities – with all organisation taken care of by the platform.
Patients can then access information about every aspect of their treatment via a web portal or app, or through their own personal adviser.
An operating system designed by Medbelle ensures healthcare providers can make the most of their valuable time and resources. It allows specialists, hospitals and staff to work more productively, and liberates them from inefficient, unnecessary administrative tasks.
The system is already established with private healthcare providers in the UK, and the company hopes to take advantage of the growing sector in the country. As well as working with private medical providers in the future, the company also wants to work with the NHS to grow its business.
Around 33,000 people in the UK have used the new service, and the founders are hoping to attract a further 144,000 users by 2020.
The Series A funding round was led by Venture Capital and joined by Talis Capital, Mutschler Ventures, IBB Beteiligungsgesellschaft and Cavalry Ventures.
Vasile Foca, managing partner at Talis Capital, said: “The digital health market is expected to reach $536bn by 2025 – so the time is right to be focusing on technologies that can transform healthcare and the patient journey as we know it today.
“Medbelle is the world’s first digital hospital that creates real value for both patients and providers and offers unrivalled care from some of the country’s best specialists.”
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