We streamline communication and the flow of information to help provider reduce cost and improve care for at-risk populations.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Colorado Springs
State: Colorado
Zip:
Country: United States
You can only solve the problems you know about. Today, the healthcare system only knows about the health and needs of digitally isolated populations during annual checkups or when they show up in the ER. No amount of healthcare system led telehealth, remote patient monitoring or facility based efficiency improvements can change this fact. Porchlight Health solves the underlying communication problem and creates a new path forward for health and cost control. By "opening the home" with a services enabled and secure modern digital platform we are forever changing the way healthcare system support at-risk populations. Porchlight Health is a services enabled platform that solves the underlying communication problem preventing $65 billion of Medicare spending from being virtualized. We create a digital front door into the homes and daily lives of at-risk populations, then provide family, healthcare and community service providers smart digital access. DIGITAL FRONT DOOR: Porchlight solves the digital isolation problem for seniors in their homes. By doing this we create smart, HIPAA compliant digital access for family, friends, community resources and all healthcare providers. COLLECT THE NON-CLINICAL DATA THAT DETERMINE HEALTH OUTCOMES: We collect over 300 social determinant of health, wellbeing and connection data points for each use every month. Those data points power machine learning and automation that create new cost saving efficiency and quality of care. STREAMLINE COMMUNICATION: Communication between seniors and their ecosystem of clinical and non-clinical support is consolidated onto one platform. AI &a; AUTOMATION: Porchlight Health is a data rich platform. Each user and provider that joins the Porchlight platform contributes data that improves the efficiency of the machine learning and automation. Today, every healthcare provider has an EHR that streamlines clinical documentation and billing. 10 years from now every provider will also have an integrated communication platform like Porchlight that streamlines communication and the flow of data.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 11/2019 | Seed Round | $1.2M | 8/2018 | Convertible Note | 2 | $250k |
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