HIT Consultant October 21, 2024
What You Should Know:
– CopilotIQ, a health tech company focused on improving the lives of older adults with chronic conditions, and Biofourmis, a global leader in technology-enabled home care solutions, have announced a strategic merger.
– The combined company creates an AI-driven platform to deliver comprehensive in-home care across the entire care continuum, from pre-surgical optimization to acute, post-acute, and chronic care management. As part of this merger, investors from both businesses, including General Atlantic, Openspace Ventures, and Bessemer Venture Partners are investing into the combined business.
Addressing the Challenges of In-Home Care Delivery
Hospitals and payers face increasing pressure to deliver high-quality, cost-effective care in the home setting. However, managing multiple point solutions for different care needs creates...