This morning, Hello Health, a Patient Management Platform developed to improve communication between patients and physicians, announced an additional $10M in investor funding. Over the past two quarters, Hello Health has experienced tremendous growth attracting investors compelled by Hello Health’s unique business model. As more attention is paid to the hospital IT networks, Hello Health addresses an underserved physician population: the independent primary care providers.
Hello Health achieved this latest round of funding from investors as a result of an increased interest from independent primary care physicians looking to transition to an electronic medical record, but lacking the financial capital and office resources to make the transition.
With the price tag of EHRs in the tens of thousands of dollars, Hello Health offers a disruptive business model for practitioners. Rather than the standard practice, where MDs pay upwards of 35K to implement an EHR, Hello Health provides this Platform to physicians at NO COST. Moreover, the Platform generates incremental revenue for doctors through a patient subscription model.