a year ago
Healthtech-1 Raises $3.5 Million to Automate Admin in GP Practices
Healthtech-1, a UK-based startup automating administrative tasks in GP practices, has raised a $3.5 million seed round led by Moonfire and featuring Y Combinator
The company's first product, automating new patient registrations, is deployed in 10% of GP practices in England and aims to reach over 90% by 2025
Healthtech-1 also launched a second product in February that automates lab result filing in GP practices
The startup believes that automating administrative processes, rather than clinical tasks, is key to improving efficiency in healthcare, as it's often overlooked by other healthtech startups.
ProblemTechnology
"GP practices in the UK are struggling with administrative tasks, such as new patient registration and lab result filing, which are time-consuming and prone to errors. This is putting a strain on staff and resources, and is ultimately impacting patient care."
Solution
"Healthtech-1 has developed a software solution that automates these administrative tasks, using proprietary algorithms to conduct identity checks, write data into the system, and flag areas that require attention. This saves GP practices time and money, and allows them to focus on providing better patient care."