Health and Care Innovations (HCI) successfully closes £880,000 funding round above target to accelerate its further growth in transforming patient care.
Investment will see the HCI’s CONNECTPlus digital platform expanded to more health conditions and sold more widely into the NHS and internationally.
HCI has successfully closed a £880,000 funding round led by The FSE Group. The round includes a £375,000 equity investment from the British Business Bank’s South West Investment Fund and is supported by a group of experienced healthcare investors.
The £880,000 funding round closed well above its £750,000 target and will drive the continued growth of HCI’s successful CONNECTPlus digital health platform and healthcare video library to help manage patient care.
HCI - Reducing demand through patient information
HCI is an award-winning digital health innovator that enables the NHS to reduce demand, waiting lists and backlogs.
We achieve this by giving patients the information and support they need to confidently manage their care at home.
Our CONNECTPlus platform and our comprehensive library of over 1,000 patient-centric Health and Care Video Library, deliver a significant return on investment for our customers and accelerate the shift to digital healthcare.
We use information in three ways:
- Information FOR patients: Education and support to help patients manage all their conditions at home.
- Information FROM patients: Supporting remote care and gathering data through surveys and digital tools.
- Information ABOUT patients: Enabling decision-making by clinicians to support remote care, triage and population health management.
Delivering care closer to home
Richard Wyatt-Haines, CEO and Founder of HCI, said: " We see too many people who are undergoing treatment or suffering from conditions, who don't understand what's going on, which increases their anxiety. It also increases the demands they make on their health systems and services around them. It's not fair, and it's not necessary.
It also puts extra pressure on staff and requires repeating and unnecessary activities that add little value to their lives or the lives of their patients. There's so much more that can be done with technology to help everyone. HCI is here to do that.
Our comprehensive solution empowers patients to take an active role in managing their health and are we are delighted to have successfully closed this investment round above our target to enable us to expand our reach to both healthcare providers and patients in need.”
Ralph Singleton, Head of Equity South West at The FSE Group, commented: "We are delighted to be supporting HCI in its next phase of growth. HCI's client base already includes over 20 NHS organisations, multi-national insurance companies, and hospitals in European territories. With an experienced team well-versed in NHS program delivery and a robust and adaptable solution for complex healthcare challenges, HCI is well-positioned to lead the charge in transforming healthcare delivery. We are thrilled to support the team in their journey to innovate patient care.”
Found out more about CONNECTPlus
CONNECTPlus delivers improved quality of care and quality of life for patients, reduced costs and demand on healthcare providers, increased productivity and improved work experience for clinicians and admin teams, as well as increasing overall capacity within health organisations. With its one-stop solution, HCI is set to transform healthcare delivery.
Scan the QR code to download CONNECTPlus or email us at info@hci.digital