“Patient IO’s API-first architecture is built for integration. Its best-in-breed technology, combined with the team’s proven track record, made this a great investment and partnership for us.”
CPO, athenahealthPatient IO, the only care coordination solution that can be integrated with virtually any healthcare software system, today announced a strategic investment by athenahealth® to expand Patient IO’s platform through athenahealth’s More Disruption Please (MDP) program. Today, healthcare organizations depend on Patient IO to coordinate care for tens of thousands of patients. athenahealth’s investment will be used to grow Patient IO’s platform and drive adoption across athenahealth’s growing network of more than 72,000 healthcare providers.
Patient IO helps healthcare organizations coordinate care and engage with patients in-between visits, enabling more efficient, personalized care management and improved patient outcomes. By providing tools that empower patients to take a more active role in their care and treatment, Patient IO has become a go-to solution for managing chronic illness, reducing readmissions and reducing unnecessary doctor visits.
“Patient IO’s API-first architecture is built for integration. Its best-in-breed technology, combined with the team’s proven track record, made this a great investment and partnership for us,” said Kyle Armbrester, athenahealth’s Chief Product Officer. “Integrating the Patient IO platform with athenaNet® will accelerate our product roadmap and enable us to better meet our clients’ patient engagement, chronic care management, and population health needs. We’re thrilled to welcome Patient IO to the MDP portfolio.”
“Patient IO already plays a critical role in helping healthcare organizations transition into value-based care by giving them engagement tools that make patients chief players in their own care,” said Jason Bornhorst, CEO of Patient IO. “Providers can track patient adherence in-between visits and have patient-reported outcomes piped into their existing EHR. It’s all about streamlining the process of care, and this investment helps us expand our solution across the athenahealth network.”
For patients, Patient IO’s patent-pending technology turns a care plan into simple daily tasks, making it easy for patients to follow treatment-specific instructions, securely message with their care team, and read educational content on their smartphone or desktop. Patients can also sync connected wearables and devices with Patient IO to complete tasks automatically and provide additional insights for their provider.
Patient IO has shown considerable growth since raising $1.5M in a seed round led by Mercury Fund, with participation from Techstars Ventures, RPM Ventures & Geekdom Fund. Patient IO will use this new funding to expand product development. As part of the investment, Patient IO will be joining athenahealth’s MDP Accelerator program, which recently launched its third location in Austin, TX.
About Patient IO
Patient IO is the first and only care coordination solution that can be integrated with virtually any healthcare software system, including EHRs and population health management programs. Headquartered in Austin, TX, Patient IO’s mission is to help healthcare organizations transition into value-based care by helping them coordinate care between patient visits.
About athenahealth’s ‘More Disruption Please’ Program
Through the ‘More Disruption Please’ program, athenahealth is accelerating high-value innovation via the cloud, offering new services to help providers thrive in the face of industry change and pressure. MDP partners with innovators, entrepreneurs, companies, and individuals who are passionate about disrupting established approaches in healthcare that simply aren’t working, aren’t good enough, or aren’t advancing the industry. All MDP accelerator investments receive seed funding, access to free office space, mentorship, and access to athenahealth’s growing network of 72,000 providers. To learn more about athenahealth’s MDP program and partnership opportunities please visit www.athenahealth.com/disruption.