After raising $108 million, German digital health firm Patient21 is aiming for new markets.
On Monday, May 22, the firm disclosed the details of its Series C investment round, stating that it intended to utilize the money to expand into new European areas and build up its software platform.
Patient21, a 2019 startup, provides a combination of traditional healthcare and internet services including booking, check-in, and insurance.
According to Muhr, complete diagnosis and treatment in dentistry need in-person visits.
The nature of dentistry requires visual examination of oral health, use of diagnostic equipment like x-rays, and fast response to crises. In-person consultations are the most effective way to address these issues and guarantee the highest levels of service.
He noted that the business is looking at ways to include telehealth in its product as it grows.
In contrast, 39% of Generation X consumers, 63% of millennials, and 56% of bridge millennials utilize a combination of in-person and online healthcare alternatives, “showing that omnichannel healthcare is now a near-universal phenomenon in the United States,” according to the survey.
A total of 119 million patients, or 46% of all consumers in the U.S., currently interact with their healthcare providers through a combination of patient portals, telehealth appointments, apps, and in-person visits. Moreover, this proportion of so-called “omnichannel patients” is rising month after month.
