Easyhealth to Use New Funding to Improve Patient Outcomes
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Easyhealth to Use New Funding to Improve Patient Outcomes

By CIOReview | Thursday, December 2, 2021

Easyhealth will use $135M funding to improve healthcare outcomes by removing gaps from medicare experiences.

Fremont, CA: Healthcare is disjointed and ineffective. Collaboration and innovation are hampered by data gaps and poor connections between agents, members, plans, and suppliers. High expenses and inefficient care have resulted from a lack of communication and inadequate methods. EasyHealth is rebuilding the Medicare Experience around people and data to address this. EasyHealth has raised $135 million in debt and equity funding to advance its aim of connecting coverage and care for Medicare beneficiaries. Victory Park Capital, Nationwide Ventures, Healthy Ventures, Brewer Lane, and Operator Partners were among the investors who contributed to the round, which was led by Anthemis Group and QED Investors. This is a big step forward for the 50 million Medicare beneficiaries in the United States, as well as the future of linked healthcare.

EasyHealth is the first platform to link health coverage and care in a meaningful way. EasyHealth's platform employs artificial intelligence (AI) to reduce information gaps, improve health participation, and detect health issues earlier, providing members and plans with significantly more value. Because of the company's unique partnerships with prominent health plans, care navigation can be integrated into the enrollment process. EasyHealth's proprietary health risk analytics engine ingests and scans diverse past medical records using deep learning to identify potential chronic illnesses and reveal important insights that enable plans and providers to personalise care.

“EasyHealth’s mission is to harness technology to deliver better health outcomes. We use our position at the front door of Medicare to drive meaningful change for members, brokers, and health plans, said David Duel, Co-founder and CEO of EasyHealth. We have assembled a proven executive team with deep insurance, Medicare, and medical experience in order to deliver a disruptive end-to-end experience that improves member health outcomes and health plan retention.”