Trinity Health Invests in Xealth to Accelerate Digital Health
15 leading health systems have invested in the digital health platform for advancing digital connections between clinicians and their patients
BOSTON–(BUSINESS WIRE)–#HLTH21—HLTH Conference—Xealth, the leader in enabling digital health at scale, today announced that Trinity Health, one of the nation’s largest Catholic health care systems, has invested in the company. Trinity is one of 15 health system investors for the company, bringing the total Series B funding to $25 million. This support demonstrates continued provider consensus in adopting digital health in a way that best engages both clinicians and patients.
“As we have seen during COVID-19, digital health can enhance care delivery and improve engagement between our clinicians, patients and the communities we serve. Xealth has impressive experience connecting health solutions across a range of services, including maternity, diabetes, heart disease, and many others,” said Marcus Shipley, chief innovation and information officer for Trinity Health. “We value Xealth’s digital platform with pre-built integrations that span across digital content, apps, device monitoring as well as non-clinical services.”
Digital therapeutics, mobile apps, and remote patient monitoring help fill a necessary role in extending care options for patients. In September, Xealth announced Advocate Aurora Enterprises, Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health and Stanford Health Care joining existing health system investors Atrium Health, Cleveland Clinic, Froedtert & MCW Health Network, MemorialCare Innovation Fund, Providence and UPMC. Collectively, these 15 health systems represent millions of patients and more than 100,000 physicians across 34 states.
“Care delivery is evolving with digital health offering an opportunity for health systems to address a variety of goals, including expanding services, higher engagement and addressing clinician resources,” said Mike McSherry, CEO and co-founder of Xealth. “The incredible support that we have received from leading health systems, including Trinity Health, demonstrates the value in Xealth’s approach to rolling out digital health that empowers both providers and patients, creating a personalized care experience that deepens the connection between patients and care teams.”
Xealth’s digital health platform serves a critical role in bringing digital health into clinicians’ workflows, an essential element for program success. It delivers centralized integration, prescribing, monitoring and governance for digital health tools from current clinician workflows, demonstrating a 50-80 percent reduction in integration and deployment costs, and substantial patient engagement with digital assets. Successful programs have been initiated around maternity, diabetes, behavioral health, heart disease, kidney disease, advance directives, infectious disease, surgery preparation and many other areas of care.
Hospitals and providers can further leverage intelligent automation and gain insight into how each tool is performing with patients. Patients can be enrolled in beneficial programs and share information directly with care providers through the EHR.
Spun out from Providence in 2017, Xealth has backing from 15 health systems and full integrations with the largest EHR vendors. Additional investors include Cerner, LRV Health, Threshold Ventures, McKesson Ventures, Novartis, Philips, and ResMed.
About Trinity Health
Trinity Health is one of the largest not-for-profit, Catholic health care systems in the nation. It is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians caring for diverse communities across 25 states. Nationally recognized for care and experience, Trinity Health’s network of care includes 89 hospitals, 131 continuing care locations, the second largest PACE program in the country, 125 urgent care locations and many other health and well-being services. Based in Livonia, Michigan, its annual operating revenue is $20.2 billion with $1.2 billion returned to its communities in the form of charity care and other community benefit programs.
For more information, visit www.trinity-health.org or follow us on LinkedIn, Facebook or Twitter.
About Xealth
Xealth scales digital health programs, enabling clinicians to integrate, prescribe and monitor digital health tools for patients to drive engagement and utilization. Through the secure Xealth platform, clinicians can find and order the right digital health tools and programs for patients directly from the EHR workflow, send these digital health orders to the patient’s email or patient portal, and then monitor activity. Xealth spun out of Providence St. Joseph Health (PSJH) in 2017, and investors include Advocate Aurora Enterprises, Atrium Health, Cleveland Clinic, MemorialCare Innovation Fund, Cerner, McKesson Ventures, Novartis, Philips, and ResMed as well as Providence Ventures, UPMC and the Froedtert and Medical College of Wisconsin Health Network.
For more information, visit www.xealth.com or follow us on LinkedIn or Twitter.
Contacts
Heather Caouette, Xealth
Phone: +1 508.579.3894
Email: heather.caouette@xealth.com
