Trinity Health Invests in Xealth to Accelerate Digital Health
Xealth has announced that Trinity Health, one of the nation’s largest Catholic healthcare systems, has invested in the company, bringing Xealth’s total Series B funding to $25 million. This support demonstrates continued provider consensus in adopting digital health in a way that best engages both clinicians and patients.
Digital therapeutics, mobile apps, and remote patient monitoring help fill a necessary role in extending care options for patients. Trinity Health is one of 15 healthcare systems that have funded Xealth; other investors include Advocate Aurora Enterprises, Banner Health, ChristianaCare, Cone Health, Memorial Hermann, Nebraska Medicine, Novant Health, Stanford Health Care, Atrium Health, Cleveland Clinic, Froedtert & MCW Health Network, MemorialCare Innovation Fund, Providence, and UPMC. Collectively, these health systems represent millions of patients and more than 100,000 physicians across 34 states.
“As we have seen during COVID-19, digital health can enhance care delivery and improve engagement between our clinicians, patients, and the communities we serve. Xealth has impressive experience connecting health solutions across a range of services including maternity care, diabetes, heart disease, and many others,” said Trinity Health Chief Innovation and Information Officer Marcus Shipley. “We value Xealth’s digital platform with pre-built integrations that span across digital content, apps, device monitoring, as well as non-clinical services.”
“Care delivery is evolving with digital health offering an opportunity for health systems to address a variety of goals, including expanding services, higher engagement, and addressing clinician resources,” said Xealth CEO Mike McSherry. “The incredible support we have received from leading health systems, including Trinity Health, demonstrates the value in Xealth’s approach to rolling out digital health that empowers both providers and patients, creating a personalized care experience that deepens the connection between patients and care teams.
Read the full press release on BusinessWire.