KeyCare today announced that it has closed $24 million in Series A financing for its virtual-first care platform, which was built with Epic.
KeyCare, a Chicago-based company that provides virtual care groups, developed a platform to allow health systems to easily increase their capacity and augment their care teams. There are partnerships with a national network of virtual care groups.
On the platform, patients can schedule appointments with a variety of Virtualists via their own health system’s MyChart portal or call center. Virtualists then complete the encounter on KeyCare’s Epic platform, completing what KeyCare described in a news release as a “seamless experience”With interoperable records
KeyCare reported that 8VC, LRVHealth Bold Capital and Spectrum Health Ventures backed this funding round.
“People expect a connected and convenient digital care experience,” Alan HutchisonVP of Population Health at Epic. “Rather than routing them through a disconnected, standalone system, KeyCare unifies the virtual care experience in concert with participating hospitals and health systems.”
The system was launched last month
KeyCare last month launched its system by providing services to BHSH System’s Spectrum Health West Michigan Division. The proceeds of the Series A will be used to grow the company’s workforce and prepare for growth. The company anticipates a higher demand for virtual care services by large healthcare organizations.
“We created KeyCare to make sure health systems had better options for expanding virtual care services to their patients in the most convenient and safest way possible,”Dr. Lyle BerkowitzKeyCare’s founder and CEO,. “Being part of the Epic community helps ensure we have an incredibly powerful tech stack with easy connectivity to the majority of health systems in the nation. And there is no better health system partner to kick things off with than the forward-thinking team at Spectrum Health.”
KeyCare said that it, along with Spectrum Health, will be presenting more details about theirInnovative use of the Epic platform and its Telehealth Anywhere technology at Epic’s User Group Meeting from Aug. 22–24 in Verona, Wisconsin.