#United States #Plano #Percipio Health #AI Health Monitoring #Telehealth Solutions

Percipio Health Secures $20 Million in Funding

In a significant advancement in the healthcare technology landscape, Percipio Health has successfully raised $20 million, marking a crucial milestone in the development of its AI-powered population health monitoring and management platform. This scalable system is designed to address the needs of both high-risk and ascending risk categories, ensuring timely and efficient healthcare solutions for a broad array of patients.

Revolutionizing Healthcare Accessibility

Developed over the past two years, Percipio Health's platform represents a breakthrough in healthcare accessibility. By leveraging smartphone technology, the platform allows users to gather and analyze various health signals without the need for traditional medical monitoring devices. This innovative approach not only reduces costs but also enhances the reach of patient monitoring, making it possible to cater to larger populations while driving forward value-based care.

Eric Rock, co-founder and CEO of Percipio Health, expressed excitement about the launch: “After two years of intensive research and development, we are thrilled to unveil Percipio Health, breaking through the high-cost barriers that have previously hindered remote patient monitoring from reaching broader populations. Our advanced AI capabilities enable instant health risk assessments and comprehensive virtual care on a scalable level.”

This capabilities resonate with healthcare professionals aiming to enhance patient outcomes through effective monitoring and management strategies.

AI-Powered Health Insights

The core of Percipio's platform is its ability to collect health data using a single mobile application, which integrates various daily health signals into a cohesive, comprehensive view. It employs advanced AI methods, utilizing vision-based biomarkers to monitor vital signs and vocal AI biomarkers for assessing brain health, among other functionalities. This ensures that healthcare providers and patients are continuously informed and can take proactive steps towards health improvement.

Dr. Andrew R. Watson, Professor of Surgery at UPMC, highlighted the platform's potential, stating, “Asynchronous monitoring is among the most powerful tools for the future of healthcare, enabled by the efficiencies of AI. The ability to utilize a patient's phone as a vital component of health care may provide profound health insights, second only to genetics.”

Meeting the Demand for Data-Driven Care

The need for effective communication of critical patient information is pressing. Dr. Cameron Powell, MD, a venture partner at WAVE Ventures, elaborated, “There is a significant need to deliver to clinicians the right information about the right patient at the right time to achieve optimal outcomes. With Percipio, this can now be accomplished at scale, with reduced costs and improved accuracy.” This speaks volumes about the platform’s potential to bridge existing gaps in healthcare communication and decision-making.

Experienced Leadership and Vision

The founding team of Percipio Health, consisting of Eric Rock and David Lucas, brings extensive experience from their previous venture, Vivify Health, which was acquired by UnitedHealth Group's Optum division in 2019. Their historical momentum in the digital health space positions them well to innovate and confront ongoing challenges in population health management.

Together, they aim to harness technology to close significant gaps in value-based care delivery. Lucas commented on their vision, stating, “With Percipio, we are addressing specific technology gaps that have been barriers to value-based care fulfilling its promise. Our platform empowers payers and providers to connect with a broader population, ensuring those at risk receive appropriate attention and interventions.”

Conclusion

The introduction of Percipio Health's platform promises to facilitate a new era of healthcare monitoring that is accessible and effective, addressing a broad spectrum of patient needs. As the healthcare system continues to evolve, innovations like those offered by Percipio Health may play a crucial role in delivering better care at optimized costs, ensuring that proactive health management is within reach for all.

For further information about Percipio Health and its innovative solutions, visit percipiohealth.com and connect with them on LinkedIn.