FeelBetter
AI-powered polypharmacy management platform for healthcare providers.
| Date | Investors | Amount | Round |
|---|---|---|---|
KRW50.0m | Seed | ||
| Total Funding | 000k | ||
FeelBetter is a health-tech company that has developed a solution for medication management, specifically targeting the challenges of polypharmacy, where patients take multiple medications for various conditions. The company was founded in 2018 by Liat Primor (CEO), and Yoram Hordan (COO/CTO), who identified a gap in the application of advanced technology in pharmacology and clinical settings compared to other industries. FeelBetter's core offering is its AI-powered platform that provides "Pharmaco-Clinical Intelligence." This technology synthesizes a patient's pharmacy and clinical history to identify individuals at high risk of health deterioration or hospitalization due to suboptimal medication management.
The platform serves healthcare organizations, such as hospitals and health systems, by integrating into their existing workflows and electronic medical records. It analyzes patient data to stratify risk, suggests specific changes to medication regimens, and allows healthcare providers to monitor patient progress. This enables clinicians and clinical pharmacists to focus their resources on the patients who are in the most need of intervention, thereby increasing their capacity and efficiency. The business model is based on providing this platform to healthcare organizations to help them reduce preventable healthcare costs and improve patient outcomes.
Headquartered in Boston and Tel Aviv, the company is led by a team that includes physicians, clinical pharmacists, engineers, and technologists. FeelBetter has secured funding from investors including Firstime Ventures, Shoni Health Ventures, Random Forest VC, and Triventures. A funding round in July 2023 raised $5.9 million, bringing its total funding to over $7 million. The company has reported significant results with its clients, including a 53% reduction in hospitalizations for the highest-risk patients and a five-fold increase in clinical pharmacist capacity.
Keywords: polypharmacy management, medication management, pharmaco-clinical intelligence, clinical decision support, health technology, patient risk stratification, AI in healthcare, preventative care, value-based care, medication optimization, patient monitoring, adverse drug event prevention, healthcare analytics, hospital cost reduction, chronic disease management, EMR integration