Revolutionizing Healthcare Coordination with Watershed Health

May 17, 2024, 7:30 am
Watershed Health
Watershed Health
CareDataExchangeHealthTechManagementNetworksOptimizePlatform
Location: United States, Louisiana, New Orleans
Total raised: $13.6M
A deep dive into how Watershed Health is transforming the healthcare industry with its real-time care coordination solutions.

In a world where healthcare is often fragmented and disjointed, Watershed Health is making waves by securing $13.6M in funding to combat the crisis of uncoordinated care. Led by CEO Dr. Chip Grant, this New Orleans-based company is on a mission to revolutionize the way healthcare providers communicate and collaborate.

Uncoordinated care is a costly burden on the healthcare system, with estimates suggesting it costs the US a staggering $340 billion annually. This lack of coordination leads to duplication of tests and services, medication errors, delayed diagnoses, patient confusion, and poor health outcomes. Watershed Health's platform offers a solution to these challenges by providing a unified platform for seamless care coordination.

Through Watershed Health's platform, healthcare providers can access real-time information about patients, including health status, social determinants of health, and involved care team members. This platform integrates with existing healthcare IT infrastructure, including HIEs and EHRs, and offers a virtual workspace for providers to collaborate on patient care.

The success of Watershed Health is evident in its proven track record, with organic adoption across the state of Alabama leading to national expansion. The platform has been instrumental in reducing costs and improving patient outcomes, making it a valuable tool for healthcare providers nationwide.

What sets Watershed Health apart is its focus on driving providers towards better care coordination. By offering transparent metrics and real-time monitoring of key performance indicators, Watershed encourages collaboration and incentivizes providers to improve their coordination efforts. This culture of quality ensures that patients receive the highest standard of care.

With a customer base that includes major US health plans and thousands of clinical and non-clinical providers, Watershed Health is poised for continued growth and success. The recent funding round will enable the company to meet the high demand for its platform and expand its team to better serve the healthcare community.

In a healthcare landscape plagued by inefficiencies and missed connections, Watershed Health is a beacon of hope. By equipping providers with the tools they need to make informed decisions and coordinate care effectively, Watershed is paving the way for a brighter future in healthcare coordination.