Draft:K Health
 | Draft article not currently submitted for review.
This is a draft Articles for creation (AfC) submission. It is not currently pending review. While there are no deadlines, abandoned drafts may be deleted after six months. To edit the draft click on the "Edit" tab at the top of the window. To be accepted, a draft should:
It is strongly discouraged to write about yourself, your business or employer. If you do so, you must declare it. Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
Last edited by Chaotic Enby (talk | contribs) 30 hours ago. (Update) |
| Company type | Private |
|---|---|
| Industry | Healthcare |
| Founded | 2016 in New York, NY, USA |
| Founders | Allon Bloch, Ran Shaul, Israel Roth & Adam Singolda |
| Headquarters | , |
Key people | Allon Bloch (Co-founder & CEO), Ran Shaul (Co-founder & Chief Product Officer), Adam Singolda (Co-founder & board member), Mark Tluszc (Chairman of the Board), Yaron Savoray (CFO), Ashok Balakrishnan (CTO) |
K Health is a privately-owned clinical artificial intelligence (AI) company that provides primary care services in the United States.[1] The healthcare technology company was founded in 2016 in New York City.[2] K Health uses AI and data analysis to provide 24/7 virtual care solutions through health systems and insurers, and via its direct-to-consumer mobile app.[1]
Providers can treat hundreds of chronic, urgent, and mental health conditions on the K Health platform, including obesity, hypertension, anxiety, and depression.[2]
History
[edit]K Health was founded in 2016 by Allon Bloch (CEO), Ran Shaul (Chief Product Officer), Israel Roth (former Chief Technology Officer) and Adam Singolda (Board Member and CEO of Taboola).[3][4] Bloch was previously Co-CEO of Wix.com, where he's still on the board of directors, and CEO of Vroom.[5]
K Health originally launched in 2018 as a free medical app to give people accurate and personalized health information.[6] The app's main feature is an AI-driven medical chat function called K. The chat is based on a machine learning algorithm, using data from Maccabi Healthcare Services, a health maintenance organization (HMO) in Israel, and from Mayo Clinic.[7][8][9] K Health has a closed-loop system to learn from its data. K asks various questions based on the symptoms a patient enters in the chat and narrows down the likelihood of certain conditions. Published research shows that K Health's AI agrees with a doctor's recommendation the majority of the time. According to Forbes, 70% of people who have a free chat with K start a medical visit.[1][10]
In 2019, K Health launched a 24/7, virtual affiliated medical practice called KMD.[11] The AI-driven medical chat is integrated into the offering. Anyone who completes a chat with K can start a virtual, text-based visit with a board-certified doctor or nurse practitioner. Providers receive information from K on a patient's symptoms and potential diagnoses. K Health's AI model continually adds new data from patient visits on the K Health platform. In 2021, virtual providers became available in 48 states.[2]
At the beginning of the COVID-19 pandemic in 2020, K Health created a protocol-based COVID-19 self-assessment to provide users with up-to-date guidance for managing potential cases. It also offered free texting with doctors about coronavirus. K Health's platform offered risk assessment and symptom heat maps.[12]
Partnerships
[edit]In 2019, K Health partnered with Elevance Health (formerly Anthem) to offer its virtual solution through the Elevance mobile app, Sydney Health. Anthem also invested in K Health.[13][14] In 2021, K Health, Elevance Health, and Blackstone Growth launched a joint venture called Hydrogen Health to offer K Health through private employers and insurers.[15]
In 2020, K Health announced that it began working with Mayo Clinic Platform.[9]
In 2022, K Health announced the launch of its predictive hypertension treatment model that uses Mayo Clinic patient data to help doctors personalize hypertension treatment. In 2023, K Health and Mayo Clinic co-authored peer-reviewed research that showed how machine learning can accurately predict a patient's optimal antihypertensive treatment while minimizing their side effects and closely adhering to established treatment guidelines.[16]
In 2024, K Health entered into a know-how agreement with Mayo Clinic preventive cardiologists to develop a preventive cardiac solution using K Health's AI.[17]
In 2023, Cedars-Sinai in California launched its virtual care app, Cedars-Sinai Connect, which was built using K Health's AI. Cedars-Sinai and K Health jointly manage Cedars-Sinai Primary Care patients.[18]
Acquisitions
[edit]In 2021, K Health acquired text-based therapy company Trusst.[19]
Funding
[edit]K Health has raised over $300 million in funding since its launch.[20] In 2021, K Health was valued at $1.5 billion, following a $142 Series E funding round. According to Forbes, it was valued at $800 million as of July 2023.[1]
In July 2018, K Health secured $12.5 million in funding.[21] In December 2018, it raised $25 million in Series B funding.[22]
In February 2020, it closed on a $48 million Series C round and in November, it raised an additional $42 million to meet demand for the product due to the COVID-19 pandemic.[11]
In January 2021, K Health announced it closed on a $132 million Series E. It raised an additional $59 million in July 2023 and an additional $50 million in June 2024 in an equity round led by Marcelo Claure of Claure Group.[1][2]
K Health investors include Valor Equity Partners, Mangrove Capital Partners, Notable Capital, 14W, Comcast Ventures, Lerer Hippeau, Primary Venture Partners, and PICO Capital Partners. Cedars-Sinai and Elevance Health are also strategic investors. Gal Gadot and her husband Yaron Varsano also invested in K Health.[23]
References
[edit]- ^ a b c d e Jennings, Katie (17 July 2023). "This AI Chatbot Has Helped Doctors Treat 3 Million People–And May Be Coming To A Hospital Near You". Forbes. Retrieved 27 July 2024.
- ^ a b c d Landi, Heather (1 July 2024). "Digital primary care startup K Health raises $50M in equity funding round". Fierce Healthcare. Retrieved 27 July 2024.
- ^ O'Reilly, Lara (16 November 2016). "This startup wants to stop sick people Googling their symptoms and worrying they're about to die". Business Insider. Retrieved 27 July 2024.
- ^ Orbach, Meir (27 February 2020). "K Health Raises $48 Million". CTECH. Retrieved 27 July 2024.
- ^ "Crain's New York Business 2020 Notable in Healthcare". Crain's New York Business. 2020. Retrieved 27 July 2024.
- ^ Mack, Heather (17 July 2018). "K Health Launches Symptom-Checking Chatbot With $9.5 Million". The Wall Street Journal. Retrieved 27 July 2024.
- ^ Wiggers, Kyle (17 July 2018). "Online symptom checker K Health raises $12.5 million, launches in New York City". VentureBeat. Retrieved 27 July 2024.
- ^ Lieber, Dov (15 September 2019). "Israel Prepares to Unleash AI on Health Care". The Wall Street Journal. Retrieved 27 July 2024.
- ^ a b Landi, Heather (18 November 2020). "K Health scores new funding from SpaceX, Tesla investor and a new partnership with Mayo Clinic". Fierce Healthcare. Retrieved 27 July 2024.
- ^ "Diagnostic Accuracy of Artificial Intelligence in Virtual Primary Care". Mayo Clinic Proceedings: Digital Health. December 2023. Retrieved 27 July 2024.
- ^ a b Gormley, Brian (27 February 2020). "K Health Gets $48 Million for Digital Health Services". The Wall Street Journal. Retrieved 27 July 2024.
- ^ "Disruptor 50 2020: K Health". CNBC. 6 May 2021. Retrieved 27 July 2024.
- ^ Wilde Mathews, Anna (22 July 2019). "Consumers Will Be Able to Pay for Doctor Visits on Their Phones, Via Anthem". The Wall Street Journal. Retrieved 27 July 2024.
- ^ Landi, Heather (22 July 2019). "Anthem launching new app offering personalized health information, texting with doctors". Fierce Healthcare. Retrieved 27 July 2024.
- ^ Tepper, Nona (9 December 2021). "Hydrogen Health Banks on Texting, AI in Crowded Virtual Care Market". Modern Healthcare. Retrieved 27 July 2024.
- ^ Landi, Heather (20 June 2022). "Mayo Clinic, K Health team up to use AI for personalized hypertension treatment". Fierce Healthcare. Retrieved 26 July 2024.
- ^ "K Health Partners with Mayo Clinic for AI-Driven Cardiac Care Initiative". The Healthcare Technology Report. 10 January 2024. Retrieved 26 July 2024.
- ^ Gliadkovskaya, Anastassia (10 October 2023). "Cedars-Sinai, K Health launch AI-driven virtual care app for new, existing patients in CA". Fierce Healthcare. Retrieved 26 July 2024.
- ^ Coward, Kyle (25 August 2021). "Virtual Primary Care Provider Acquires Mental Health Platform Trusst". Behavioral Health Business. Retrieved 26 July 2024.
- ^ Landi, Heather (19 January 2021). "K Health secures major funding, launches new virtual pediatric service". Fierce Healthcare. Retrieved 26 July 2024.
- ^ Sotnik-Talisman, Jenny (3 August 2018). "Tech Scale-Ups In Israel Are On A Roll". Forbes. Retrieved 26 July 2024.
- ^ Tabatabai, Arman (17 December 2018). "K Health raises $25M for its AI-powered primary care platform". TechCrunch. Retrieved 26 July 2024.
- ^ Rubinstein, Carrie (9 December 2021). "Millions Of Americans Will Now Be Eligible For Superhero Healthcare". Forbes. Retrieved 26 July 2024.