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Wednesday, December 11, 2024

Following NIH Grant, Pip Care Raises $5M in Enterprise Funding


Pip Care, an organization that seeks to optimize the surgical journey for care groups and sufferers, has raised $5 million in a Collection A fairness funding. The spherical was led by A1 Well being Ventures, with participation from current investor UPMC Enterprises.

Pip Care, the primary firm to be created out of a collaboration between UPMC Enterprises and Redesign Well being, was established to assist sufferers put together for and recuperate from surgical procedure via a consumer-facing app.

Pip Care focuses on digitization and automation of current perioperative processes, workflows, and protocols. The corporate offers one-on-one affected person well being teaching and schooling to arrange sufferers for surgical procedure and restoration.

The Collection A funding shut comes on the heels of Pip Care being awarded a $2.2 million grant from the Nationwide Institutes of Well being to launch a trial of its platform with 2,000 sufferers. Pip Care companions with well being methods and their surgical specialty groups to supply best-in-class care to sufferers all through the surgical journey by coupling a sensible cellphone app with a real-life well being coach.

Supporting a affected person via their total surgical journey improves outcomes in addition to affected person satisfaction and lowers the entire value of care, the corporate stated. Pip Care’s platform alleviates administrative burden, permitting clinicians to follow on the prime of their licenses. With all this data in a single place, sufferers and suppliers have a easy expertise navigating via the surgical care course of, the corporate stated.

“This elevate reaffirms the work we’ve got performed to this point and fuels our subsequent section of development to make sure we ship probably the most impactful, tech-enabled, human-powered medical optimization platform to well being methods, surgical care groups and their sufferers,” stated Kathy Kaluhiokalani, founder and chief government officer of Pip Care, in an announcement. 

Pip Care stated it’s the first firm to pair a cell app and digital platform offering perioperative and post-operative directions to sufferers with one-on-one telehealth coaches who examine in repeatedly to help sufferers all through their surgical journey. This contains evidence-based protocol monitoring, surgical procedure and surgeon-specific perioperative and post-operative directions to enhance outcomes and cut back issues, and care coordination so sufferers can obtain their surgical objectives.

“Pip Care’s differentiated service providing deploys well being coaches to conduct reside periods with sufferers, enhancing affected person engagement, adherence and satisfaction. This in the end drives higher outcomes for sufferers, lowers prices for well being methods, and permits standardization, consistency and discount in administrative burden for care groups,” stated Rachel Kern, managing director at A1 Well being Ventures, in an announcement.

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