Health2047 is a health IT firm based in San Francisco which is backed up the world largest healthcare firm the American Medical Association (AMA). The firm was started with an initial investment of $15 million. The head office of health2047 is based in Menlo Park. The firm aims to transform the 3 trillion healthcare to a system level.
There are various healthcare problems, but health2047 is focusing on four major issues which need immediate solutions. The firm is providing solutions for data liquidity, chronic diseases, productivity and healthcare values.
While focusing on data liquidity, health2047 started a new separate entity business known as Akiri Switch. Akiri switch uses the blockchain method to transmit secured data among healthcare providers and patients. It also encourages the use of a cloud-based system and Apps. Akiri switch was started with an initial investment of $10 million and was formerly known as Switch Co.
Health2047 has launched its second spin out in 2018, known as First Mile Care. First Mile Care was started in response to the most growing chronic disease; diabetes. To avoid diabetes 2, First-Mile care is coaching the patients online as well as offline. The firm will extend its services to part of the US. The firm was started with $2million. It is coaching more than 80% of the diabetes patient in the United States.
To deal with the problems in productivity, health2047 is providing a unique platform for the physicians where they can easily share their ideas and knowledge and get involved in the innovation process. Health2047 is focusing on creating clinical tools and equipment to improve the healthcare sector. The firm has used the second round of funding for revamping the clinical tools.
The use of technology and electronic devices were not very common in the healthcare system, but now health2047 is convincing the physicians to use of technology in the workplace. To bring change in data liquidity, health2047 has collaborated with developed an early stage tech companies.
This article explains the formation of health2047, its aims, and what they have delivered yet. Akiri switch and First Mile Care are the most significant achievements till now.