Philips invests in $11 million series A financing for Seattle-based start-up
Xealth — the leading digital prescribing platform — announced $11 million in a Series A financing round with investment from Philips and other backers. Philips invested in the Seattle-based company because of its potential to transform multiple segments of the healthcare industry, and the funding will allow Xealth to expand its platform.
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Xealth allows clinicians to integrate, prescribe and monitor digital health tools for patients from their EHR workflows. These tools include patient education, online third-party apps and programs, device monitoring and even non-clinical services such as ride shares, food delivery and e-commerce product recommendations. Using the platform, providers are able to manage patients with chronic conditions at home and offer extra support and monitoring to the people who need it.
