Huma is quickly putting its $60M of Series D funding to work, announcing the acquisition of digital triage and consultation platform eConsult less than three months after closing the round.
The move aligns with Huma’s vision of becoming the “Shopify for Digital Health,” offering modular platforms / software development kits that help provider orgs and pharma companies with use cases such as:
- multi-channel patient engagement across entire populations
- scalable remote patient monitoring programs
- companion apps to support patients through treatment and drug therapies
- digital clinical trials, including de-centralized trials to accelerate research
eConsult’s digital triage capabilities add an entrypoint to Huma’s ecosystem by guiding patients through a series of medical questions before determining an appropriate pathway.
- From there, eConsult delivers physicians a summary with any flags and considerations for them to review, and enables immediate scheduling or virtual consults.
Alongside the acquisition, Huma rolled out Huma Workspace for Health Systems to streamline care and improve outcomes leveraging eConsults intelligent triage as the backbone, directing patients to other solutions already in its ecosystem:
- Remote Patient Monitoring: Hospitals can quickly scale applications for diabetes, hypertension, CKD, and other conditions, with Huma’s SaMD clearance “solving all of the regulatory hurdles that developers usually face.”
- Clinical Capacity: Health systems can access Huma centralized nurse support capacity or in-hospital nurse services to increase their clinical personnel.
- Communication Suite: Equips clinicians with tools to manage patients remotely, including a full messaging suite, video, scheduling, and EHR integration.
- Proactive Engagement: Providers can automate direct patient communication to run screening, education, and engagement campaigns
Put it all together, and Huma makes a compelling case that we’re getting closer to a true “Shopify for Digital Health,” especially considering over 3,000 hospitals and clinics are already using it to power projects with 1.8M combined users.
The Takeaway
Creating an end-to-end digital health enablement platform is a lofty goal, but the acquisition of eConsult gave Huma the entrypoint it needed to make it happen. Huma is now looking to add more functionality and grow its footprint as quickly as possible, so it’s likely that more acquisitions are right around the corner.