Kyruus introduced this week it’s going to buy affected person engagement firm Epion Well being for an undisclosed sum, marking the supplier search and scheduling agency’s second acquisition.
Kyruus presents instruments for sufferers to assist them discover suppliers and schedule appointments, in addition to a platform for well being techniques to match and preserve details about their suppliers. Epion’s companies embody on-line check-in, a telehealth platform and instruments for connecting with sufferers, equivalent to reminders to schedule preventive care or explaining pre-surgery directions.
The businesses stated the mixed entity will work with greater than 500 well being techniques and medical teams.
“Epion Well being is a trusted companion to a whole lot of well being techniques and medical practices,” Kyruus CEO and founder Dr. Graham Gardner stated in an announcement. “By bringing our options collectively, we’re uniquely positioned to ship an end-to-end providing that makes it straightforward for sufferers to search out and schedule care, full pre-visit duties, and meaningfully have interaction with their suppliers no matter the place they start their search.”
THE LARGER TREND
In late 2020, Kyruus introduced plans to amass affected person navigation and worth transparency firm HealthSparq from Cambia Well being Options. That deal closed in spring 2021.
Kyruus introduced it had raised $30 million in funding in June 2020, not lengthy after a $42 million Series D round of funding. According to Crunchbase, Epion has a complete funding pot of greater than $10 million.
There are a variety of rivals within the affected person engagement and communication house. UpFront lately introduced a $10.5 million Series C spherical of funding, not lengthy after the corporate introduced it had acquired fellow engagement company PatientBond.
Luma Well being, which presents scheduling, messaging and supplier referral instruments, announced a $130 million Series C round in November final yr, boosting its whole elevate to $160 million.
ON THE RECORD
“It is a win for our prospects who will now have a broader providing of options for his or her sufferers, together with scheduling, whereas receiving the identical excessive degree of care and repair Epion has offered through the years,” Joe Blewitt, Epion’s CEO, stated in an announcement. “The highly effective mixture of our platforms will make connecting with sufferers simpler for suppliers and healthcare organizations of all sizes, in all markets, driving engagement in high-quality care that’s handy, accessible and environment friendly.”