WelMed

WelMed operates within the digital healthcare sector, offering a cloud-based digital care platform that connects patients, medical professionals, and healthcare organizations. The company was established in Milan, Italy, in 2017 by two physicians, Giulia M Franchi and Marco Manzoni. Their venture originated from a direct need they experienced in their medical practice for a more efficient tool to communicate and exchange clinical information with both patients and colleagues.

The firm's core offering is a "Medicine as a Service" platform, designed as a white-label, cloud-native solution. This platform functions as a unified digital health ecosystem, processing patient data in a secure, GDPR-compliant environment. By leveraging artificial intelligence, it aims to create a 'digital twin' of the patient, providing a comprehensive view of their health journey by aggregating data from various sources. This facilitates improved collaboration among specialists and healthcare facilities, supporting a more integrated approach to patient care. The platform includes customizable modules for managing all aspects of online medical practice, from patient communication to clinical collaboration.

WelMed targets a diverse client base, including individual healthcare professionals, hospitals, pharmaceutical companies, and insurance providers. For solo practitioners, it offers a virtual clinic to conduct their practice online. Healthcare structures can digitize their services, creating virtual wards and digital treatment paths to establish a 'distributed hospital' model. The business model also serves pathology networks by enabling the creation of digital communities for sharing knowledge and multidisciplinary processes. Furthermore, corporations, insurance firms, and welfare organizations can utilize the platform to offer digital prevention and assistance services to their members. A significant milestone was achieved in October 2021, when WelMed secured a €5 million investment round, with the goal of expanding its technology and scaling internationally.

Keywords: digital health platform, clinical collaboration, telemedicine, Medicine as a Service, MaaS, patient data management, virtual clinic, distributed hospital, digital therapeutics, AI in healthcare, healthcare ecosystem, medtech, health-tech, data-driven healthcare, remote patient monitoring, digital prevention, online medical services, clinical communication tool, healthcare SaaS, digital patient journey