SignalFire, UnityPoint, Northwell Holdings, Cedars Sinai back
innovations in documentation automation to improve care delivery
for clinicians and patients
LOS
ANGELES, July 22, 2022 /PRNewswire/ -- Health Note,
the pre-clinical intake automation platform that uses digital
patient intake to prepare clinical notes for providers ahead of
patient visits, today announces the close of a $17 million Series A financing round led by
SignalFire. SignalFire is joined by UnityPoint Health, Northwell
Health Holdings, the for-profit arm of Northwell Health focused on
investment in early stage/growth opportunities, strategic
partnerships and the cultivation of internal innovations that drive
improvements in patient care and create diversified revenue streams
for the health system, and Cedars Sinai Health Ventures.
"Health Note is solving one of the single biggest pain points in
the healthcare system – the physician burnout epidemic. In the
midst of a structural clinician shortage, it's hard to imagine a
higher leverage point to augment panel sizes, eliminate
bureaucracy, and maximize productivity to free up more time to
better patient outcomes. We couldn't be more excited to partner
with Josh, Aaron, and the incredible team at Health Note," said
Wayne Hu, Partner at SignalFire.
Health Note will use the funds to accelerate market expansion,
expand EHR integrations and invest in further R&D to build
additional offerings for clinical support.
"Front-line healthcare workers need more support than ever, and
we're excited to have partnered with several great investors to
help us help healthcare professionals," said Health Note CEO and
co-founder Joshua Reischer, MD. "The
vision for Health Note has always been to support care providers by
empowering patients to create and interact with their health data
before the visit starts, thus reducing the growing documentation
burden that frustrates the vast majority of doctors and care teams.
The additional funding will help Health Note replicate its early
success with mid-size practices and health systems at scale, which
is sorely needed as our health system continues to operate with
limited staff."
For the patient, using Health Note is like exchanging text
messages with a friend: they receive a text reminding them of the
upcoming appointment with a confirmation link that begins a
"conversation" with the Health Note chatbot. The conversation
develops based on the patient's answers; it's both interactive and
intelligent, using complex clinical decision trees to ask questions
a doctor would ask. Health data generated by patient responses are
then embedded directly into discrete fields, meaning less manual
documentation for front desk and clinical staff and more informed
conversations between patients and caregivers.
"Excellent patient care begins with excellent provider-patient
communication," said James Laur,
vice president, Intellectual Property for Cedars-Sinai Medical
Center and managing director of Cedars-Sinai Health Ventures. "We
invested in Health Note because we believe this technology and
application can further strengthen our caregiver-patient
relationships and help us provide the personalized medical
expertise that efficiently addresses patients' individual concerns
and circumstances."
For the provider, using Health Note means business as usual –
except that subjective clinical notes, including information such
as history of present illness, chief complaint, family, medical,
and social history, medication review, and other related
information is ready for review directly in the EHR before the
visit, instead of needing to be captured while with the patient and
documented after hours.
"Health Note's technology dramatically improves patient-provider
interactions by reducing the immense administrative burden
associated with patient intake, a historically manual process,"
said Dr. Jill Kalman, senior vice
president, chief medical officer, and deputy physician-in-chief at
Northwell Health. "The automation empowers clinicians to focus more
on their patients rather than administrative tasks, thereby
improving our ability to deliver high-quality care."
The ease of use and accessibility powering Health Note mean
customers see an 85% patient completion rate by patients before the
visit starts, leading to a 50% reduction in check-in times. Having
historical clinical information readily available saves an
additional 5-10 minutes per visit.
"Health Note leadership has a strong foundation in clinical care
and knowledge of the healthcare ecosystem throughout its executive
team, which is apparent by its early success. Its platform is one
of the more unique innovations we have encountered in that it
automates data entry at multiple points along the care journey,
from administration to the clinician. UnityPoint's providers are
the backbone of patient care, and we're happy to support clinician
workflows through our investment with Health Note," said UnityPoint
Director of Innovation Matthew Warrens. "The patient-driven
approach to health record creation has proven successful with
various demographics, and we're excited to see Health Note benefit
other health systems like UnityPoint across the US."
About Northwell Holdings
Northwell Holdings
("Holdings"), a fully owned, for-profit subsidiary of Northwell
Health, creates value for the health system by investing in
early-stage companies, establishing commercial joint ventures,
cultivating internally-developed ideas and bringing them to market,
and advancing data partnerships that drive innovation in patient
care, health diagnostics, and deep technology. We invest in
companies that are aligned with Northwell's mission, promote better
health outcomes, improve patient experience, and increase
efficiencies in care delivery and services. Through strategic
partnerships, Holdings leverages the health system's robust
enterprise data assets to develop AI-enabled solutions that address
healthcare inequities. We combine Northwell Health's clinical and
healthcare business expertise and entrepreneurial spirit to bring
concepts to life. Northwell Health is New
York's largest healthcare system. To learn more, visit us
here and follow us on LinkedIn.
About Health Note
Health Note is the clinically
intelligent, digital pre-visit planning platform that transforms
the patient experience and automates clinical EHR documentation for
providers. Secure conversational texting walks patients through
intake paperwork before the visit while capturing HPI and other
clinically relevant information to streamline office visits from
front desk to encounter. To learn more about how Health Note
assists with millions of patient visits every year, visit
www.healthnote.com.
Media Contact
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SOURCE Health Note Inc