Babyscripts, a Washington, DC-based virtual care platform for managing obstetrics, raised $12m in the first close of its Series B funding.
The round was led by MemorialCare Innovation Fund, a strategic healthcare investment company, with participation from Philips and the CU Healthcare Innovation Fund, as well as Banner Health, WellSpan Health, University Hospitals, and the Froedtert & the Medical College of Wisconsin health network.
The company intends to use the funds to roll out its Babyscripts Virtual Maternity Care solution to providers across the US, as well as to develop care models specifically targeted to payers.
Led by President and Co-founder Juan Pablo Segura, Babyscripts provides a digital health solution for pregnancy and postpartum care management that enables expectant mothers to use technology to work with their healthcare providers. The company now manages more than 200K unique pregnancies across 30 states.
In concert with the investment, Babyscripts will increase focus on its payer offerings, developing additional care models that will enable health insurance plans to upgrade and expand its use of technology and to support network providers by giving them the tools they need to drive better outcomes. the company enables payers to identify member pregnancy and detect clinical and social risks earlier, educate pregnant members, increase member visit attendance, and improve care coordination.
FinSMEs
14/09/2021