Smarter Health, established in 2017 and headquartered in Singapore, operates a healthcare management platform designed to connect patients with quality specialist care globally. The company's mission is to enhance patient access to healthcare services by facilitating the discovery and booking of specialist doctors, enabling accurate online diagnoses, and providing comprehensive treatment plans. By integrating profiles, recommended treatment plans, and estimated costs, Smarter Health aims to improve the quality of life for patients at an affordable cost.
Key Strategic Focus
Smarter Health's strategic focus centers on leveraging technology to streamline healthcare access and management. The platform specializes in connecting patients with appropriate healthcare providers, offering features such as patient records management, scheduling, e-prescribing, billing, telemedicine support, and data analytics. By targeting both individual patients and healthcare organizations, Smarter Health addresses the need for efficient and accessible healthcare solutions.
Financials and Funding
Since its inception, Smarter Health has secured multiple funding rounds to support its growth and development:
- Seed Round (February 2019): Raised $148,000 to initiate operations and develop the platform.
- Series A (September 2019): Secured additional funding to expand services and enhance technological capabilities.
- Series A1 (January 2022): Raised $5.11 million from investors including East Ventures, Blue7, Citrine Capital Management, Emtek Group, and Health Management International Ltd. The capital is intended for product development and market expansion in Southeast Asia.
Technological Platform and Innovation
Smarter Health distinguishes itself through a robust technological platform that integrates various healthcare management functionalities:
- Proprietary Technologies: The platform offers advanced patient management tools, intuitive scheduling capabilities, seamless billing and invoicing functionalities, robust reporting and analytics options, secure communication channels, integration with electronic health records (EHR) systems, telemedicine support, and customizable workflows to suit various healthcare settings.
- Artificial Intelligence (AI): Utilizes AI algorithms to provide personalized health recommendations, enhancing decision-making processes and operational efficiency.
- Security Measures: Employs robust security protocols to safeguard patient data, ensuring compliance with industry standards and regulatory requirements.
Leadership Team
Smarter Health's leadership comprises experienced professionals dedicated to advancing healthcare technology:
- Shook Yee Choy: Chief Executive Officer, leading the company's strategic direction and operations.
- Hong Huei Lee, Ph.D.: Co-founder, contributing to the company's vision and technological development.
- Yit Ming Liaw: Co-founder, instrumental in establishing the company's foundation and growth strategies.
Competitor Profile
Smarter Health operates in a competitive landscape with several notable players:
- Epic Systems: Known for comprehensive EHR solutions catering to large hospital systems and healthcare organizations.
- Cerner: Offers extensive features and robust clinical tools, focusing on larger healthcare organizations.
- Allscripts: Provides a range of solutions for healthcare providers, serving various healthcare organizations, including hospitals and physician practices.
These competitors offer similar services, emphasizing the need for Smarter Health to continually innovate and differentiate its offerings.
Strategic Collaborations and Partnerships
Smarter Health has established significant partnerships to enhance its market position and capabilities:
- Investors: Collaborations with East Ventures, Blue7, Citrine Capital Management, Emtek Group, and Health Management International Ltd. provide financial support and strategic guidance.
- Healthcare Providers: Partnerships with various healthcare institutions enable the platform to offer a wide range of specialist services to patients.
Operational Insights
Smarter Health's strategic considerations include:
- Market Positioning: Focusing on providing user-friendly and customizable solutions tailored to small and medium-sized healthcare practices.
- Competitive Advantages: Emphasis on personalized health recommendations, community support, and streamlined appointment booking processes.
Strategic Opportunities and Future Directions
Looking ahead, Smarter Health aims to:
- Expand Market Reach: Utilize recent funding to penetrate additional markets within Southeast Asia.
- Enhance Technological Capabilities: Continue developing AI-driven features and improving platform functionalities to meet evolving healthcare needs.
- Strengthen Partnerships: Forge new alliances with healthcare providers and insurers to broaden service offerings and improve patient outcomes.
Contact Information
- Website: www.smarterhealth.sg
Smarter Health remains committed to transforming healthcare access and management through innovative technology and strategic partnerships.
