OptMyCare Revolutionizes Healthcare Risk Management with $3M Series A Funding
May 11, 2024, 3:31 pm
OptMyCare, a Dallas-based healthcare technology company, has secured $3M in Series A funding to propel its AI-driven healthcare risk management platform to new heights. Led by LiveOak Ventures, this investment brings OptMyCare's total funding to $4.5M, setting the stage for accelerated growth and innovation in the healthcare industry.
Founded in 2019 by Dr. Antony E. Pfaffle and Dr. Saravanan Balamuthusamy, OptMyCare is on a mission to transform the way healthcare organizations identify and mitigate risks associated with chronic conditions. By leveraging clinically-engineered algorithms and real-time data analysis, OptMyCare provides actionable insights that empower healthcare providers to make informed decisions and improve patient outcomes.
With a focus on precision analytics and risk stratification, OptMyCare's cloud-based SaaS platform offers a comprehensive solution for healthcare organizations looking to streamline their risk management workflows and reduce costs. By combining clinical expertise with cutting-edge technology, OptMyCare is paving the way for a new era of value-based care that prioritizes patient well-being and cost-effective healthcare delivery.
The new funding will enable OptMyCare to expand its customer base, enhance its technology platform, and strengthen its leadership team. By partnering with LiveOak Ventures, OptMyCare is poised to become a leader in AI solutions for healthcare risk management, setting a new standard for holistic care that addresses social determinants of health and behavioral health factors.
As Dr. Saravanan Balamuthusamy, CEO and co-founder of OptMyCare, stated, "The need for a clinically driven AI solution to identify and mitigate rising risk across multi-chronic diseases is lacking. OptMyCare is the first machine learning platform that comprehensively addresses holistic care while mitigating risk progression and healthcare costs. We are excited to partner with LiveOak Ventures to expand our platform and become an industry leader in AI solutions for value-based care."
In a rapidly evolving healthcare landscape, OptMyCare stands out as a beacon of innovation and progress. With its groundbreaking approach to healthcare risk management, OptMyCare is reshaping the future of healthcare delivery and setting a new standard for excellence in patient care.
Founded in 2019 by Dr. Antony E. Pfaffle and Dr. Saravanan Balamuthusamy, OptMyCare is on a mission to transform the way healthcare organizations identify and mitigate risks associated with chronic conditions. By leveraging clinically-engineered algorithms and real-time data analysis, OptMyCare provides actionable insights that empower healthcare providers to make informed decisions and improve patient outcomes.
With a focus on precision analytics and risk stratification, OptMyCare's cloud-based SaaS platform offers a comprehensive solution for healthcare organizations looking to streamline their risk management workflows and reduce costs. By combining clinical expertise with cutting-edge technology, OptMyCare is paving the way for a new era of value-based care that prioritizes patient well-being and cost-effective healthcare delivery.
The new funding will enable OptMyCare to expand its customer base, enhance its technology platform, and strengthen its leadership team. By partnering with LiveOak Ventures, OptMyCare is poised to become a leader in AI solutions for healthcare risk management, setting a new standard for holistic care that addresses social determinants of health and behavioral health factors.
As Dr. Saravanan Balamuthusamy, CEO and co-founder of OptMyCare, stated, "The need for a clinically driven AI solution to identify and mitigate rising risk across multi-chronic diseases is lacking. OptMyCare is the first machine learning platform that comprehensively addresses holistic care while mitigating risk progression and healthcare costs. We are excited to partner with LiveOak Ventures to expand our platform and become an industry leader in AI solutions for value-based care."
In a rapidly evolving healthcare landscape, OptMyCare stands out as a beacon of innovation and progress. With its groundbreaking approach to healthcare risk management, OptMyCare is reshaping the future of healthcare delivery and setting a new standard for excellence in patient care.