K Health
| Private | |
| ISIN | 🆔 |
| Industry | Healthcare |
| Founded 📆 | 2016 |
| Founders 👔 | Allon Bloch (CEO), Ran Shaul, Israel Roth, Adam Singolda[1] |
| Headquarters 🏙️ | , |
Area served 🗺️ | United States, Mexico, Israel |
| Services | Mobile patient-to-physician teleconferencing |
| Members | |
Number of employees | |
| 🌐 Website | khealth |
| 📇 Address | |
| 📞 telephone | |
K Health is a primary care telemedicine company based in New York City, New York, that connects patients with doctors.[2][3][4][5] In 2020, the company was active in all 50 U.S. states as well as in Mexico[6] and Israel,[1] and served around 4 million members.[2]
Background[edit]
The New York-based startup company K Health[7] was established in 2016 by serial entrepreneurs Allon Bloch, Adam Singolda, Israel Roth and Ran Shaul.[1][8] In July 2018, the company entered the US market by launching a free AI symptom checking chatbot app after securing $12.5 million in funding.[9][10] K Health's main offices are based in New York City and Tel Aviv.[11]
In 2019 K Health started offering remote doctor chats through their network of physicians. In May 2020, the company started a free program for Covid-related concerns,[1][12] and in June 2020 they entered Mexico’s healthcare market.[6][8] In October 2020, the company formed a partnership with Mayo Clinic through the Mayo Clinic Platform to accelerate the deployment of virtual care models by leveraging large deep data insight.[13][14] In January 2021, the company launched K for Parents, a remote pediatric service for children ages 3-17.[15]
Overall, the company has been funded by $200 million in direct investments since its launch in 2016.[3][16] In the last investment serious round, the company raised $132 million.[2] Among its main investors are Kaiser Permanente’s pension fund, LTS Investments, GGV Capital and Valor Equity Partners along with 14W, Max Ventures, Pico Partners, Marcy Venture Partners, Primary Venture Partners and BoxGroup.[3][4] In January 2021, K Health was valued at $1.4 billion by Bloomberg News.[2][11] It's been reported that COVID-19 pandemic in 2020 accelerated the rise of telemedicine services including K Health.[5][17][18]
Business model[edit]
The company business model is based on users paying for on-demand access to doctors through one-time visits or a monthly subscription for unlimited access.[13][11][19][20] Primary services include telehealth, doctor visits, AI symptom checker,[21] anxiety and depression treatment, and prescriptions. In particular, K Health uses a chat-based interface on its mobile app to provide on-demand remote medical care.[1]
In media[edit]
According to Bloomberg News, "K Health has agreements with the Mayo Clinic and Maccabi Healthcare Services, Israel’s second-largest health-maintenance organization, to feed patient data into the company’s machine learning software."[2][22][13] K Health has been peer-reviewed in the studies related to COVID-19 self-assessment and algorithm-based program for identifying medical symptoms and conditions by research journals, including the Journal of Medical Internet Research and Medicine.[23][24]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 "K Health". CNBC.
- ↑ 2.0 2.1 2.2 2.3 2.4 "Remote Care Startup K Health Valued at Over $1.4 Billion". Bloomberg.
- ↑ 3.0 3.1 3.2 "K Health expands into virtual child care and raises $132 million at a $1.5 billion valuation". TechCrunch.
- ↑ 4.0 4.1 "K Health Gets $48 Million for Digital Health Services". The Wall Street Journal.
- ↑ 5.0 5.1 "Telemedicine's Next Unicorn Could Very Well Be K Health Stock". NASDAQ.
- ↑ 6.0 6.1 "K Health, primera app de atención médica con Inteligencia Artificial disponible en México (Translation from Spanish: "K Health, the first medical care app with Artificial Intelligence available in Mexico")". Saludario.
- ↑ "Jay Z invests in Israeli medical diagnosis game changer K Health". GeekTime.
- ↑ 8.0 8.1 "Llega a México app de consultas médicas virtuales". ABC Noticias.
- ↑ "K Health Launches Symptom-Checking Chatbot With $9.5 Million". The Wall Street Journal.
- ↑ "K Health Secures $12.5 Million, Launches Healthcare App in New York". Haaretz.
- ↑ 11.0 11.1 11.2 "Israel's K Health Starts 2021 With $1.4 Billion Valuation". Jewish Business News.
- ↑ "LSU and K Health team up to provide Louisiana residents free access to doctors". BRProud.
- ↑ 13.0 13.1 13.2 "Symptom checker K Health strikes partnership with Mayo Clinic". MedCityNews.
- ↑ "Million, Partners With Mayo Clinic". Cheddar.
- ↑ "K Health Raises $132M Series E, Kicks Off New Virtual Pediatric Care Platform". Crunchbase News.
- ↑ "Virtual primary care, symptom checker startup K Health closes $132M Series E". Mobile Health News.
- ↑ "K Health raises $42 million at a $700 million valuation". Calcalist Tech.
- ↑ "10 Israeli-Founded Companies Reach Unicorn Status In 1st Quarter Of 2021". NoCamels.
- ↑ "Patients can check symptoms for free, then pay per session, or a subscription, to speak to a doctor". Vator T.V.
- ↑ "K Health CEO and co-founder Allon Bloch on VatorNews podcast". Vator.
- ↑ "K Health raises $25 million for its AI-powered primary care platform". TechCrunch.
- ↑ "Israeli HMO Maccabi taps AI, big data for healthcare innovation". CIO.
- ↑ "Characteristics and Symptoms of App Users Seeking COVID-19–Related Digital Health Information and Remote Services: Retrospective Cohort Study". Journal of Internet Medical Research (published on September 19, 2020).
- ↑ "Research Article: Diagnostic Accuracy Study". Medicine (published in October, 2019).
K-Health[edit]
This article "K Health" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:K Health. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
