Health and Care Innovations secures £880k to expand its patient management platform
The funding round includes £375k from the British Business Bank via The FSE Group.
Health and Care Innovations provides a digital health platform and video library designed to help patients manage multiple health conditions at home.
Health and Care Innovations has secured £880k in a funding round that includes a £375k equity investment from the British Business Bank via The FSE Group. The company provides a digital health platform and video library that helps patients manage chronic conditions at home and supports healthcare providers in reducing elective care waiting lists.
The capital will be used to drive the growth of the CONNECTPlus digital health platform and expand the healthcare video library. The company already works with over 10 percent of NHS acute trusts as well as health organisations in Ireland and Spain.
Ralph Singleton, Head of Equity South West at The FSE Group, noted that the company possesses an experienced team and a solution for complex healthcare challenges.
Investor perspective
"HCI’s client base already includes over 20 NHS organisations, multi-national insurance companies, and hospitals in European territories. With an experienced team well-versed in NHS program delivery and a robust and adaptable solution for complex healthcare challenges, HCI is well-positioned to lead the charge in transforming healthcare delivery. We are thrilled to support the team in their journey to innovate patient care."
Ralph Singleton
Head of Equity South West, The FSE Group
Use of funds
- 01Fund the next phase of growth
Investors
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About the company
Health and Care Innovations
Health and Care Innovations builds digital platforms and video libraries to help patients self-manage health conditions at home.