Transcarent, a digital platform centered on the self-insured employer market, introduced the launch of WayFinding, an AI-enabled consumer-facing platform that provides scientific steerage, advantages navigation and care supply.Β
The platform guides sufferers by way of receiving care by answering questions on advantages and prices, recommending an acceptable course of scientific motion, after which connecting them to human care suppliers or digital options that handle their wants.Β
The announcement comes simply weeks after the corporate introduced it secured $126 million in Collection D funding, bringing its valuation to $2.2 billion. On the time, it stated it deliberate to make use of the funding to speed up its AI capabilities.Β Β
“Think about in the event you might go to at least one place, 24 hours a day, to entry all of your advantages, get the unbiased medical steerage you want after which have on the spot entry to a physician or different healthcare skilled or connect with the main level options with no separate logins and membership playing cards wanted. Thatβs what weβve all been dreaming about and at this time Transcarent is delivering on that imaginative and prescient,” Glen Tullman, CEO of Transcarent, stated in an announcement.Β
“This isn’t simply higher than conventional navigation; itβs fully completely different. Itβs like shifting from a flip telephone to an iPhone. The flip telephone did one factor. The iPhone does all the things. And weβre doing all of it at half the value of conventional navigators.”
THE LARGER TREND
Final yr, the corporate introduced plans to accumulate belongings from 98point6, together with its AI-enabled digital care platform and care enterprise.Β
It additionally collaborated with ViewFi, a tech-enabled digital orthopedic and rehabilitation platform, to ship digital orthopedic and musculoskeletal care by way of Transcarent’s Seek the advice of Answer.
In 2022, Transcarent raised $200 million in Collection C funding and rolled out its pharmacy profit providing.Β
Transcarent Pharmacy Care permits members to seek for the lowest-cost drug possibility and evaluate costs throughout pharmacies. They will additionally switch their prescription inside Transcarent’s app and entry 24/7 help.
