Pattern Health, a digital health company that accelerates digital health innovation, has announced that they have received $1.5 million in new funding from investors Co-founders Capital and The Launch Place.
The new capital will be invested in platform and product development, expanded integrations and interoperability, and in sales and marketing efforts designed to meet the increasing demand for digital health programs and support growth. The company anticipates making several new hires this year in various positions across the company.
This funding comes at an important time as more and more academic medical centers, research organizations, and commercial healthcare companies are relying on Pattern Health’s solutions to research and develop new and novel digital health programs.
Speaking on the investment, Pattern Health CEO and co-founder, Ed Barber, said, “The COVID-19 pandemic has forever changed how we deliver and receive healthcare and has proven to be a catalyst for digital health adoption by both providers and consumers,” said
He added, “We are excited to see the platform being used in a wide range of use cases such as researching new approaches for at-home testing for COVID-19, developing advanced algorithms to help identify patients who may be at higher risk for negative outcomes, and serving and protecting patients by delivering care and monitoring them remotely. improving access while reducing the risk of disease spread.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.